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- European stocks close: stocks closed higher, Bank of Japan’s boost of stimulus measures still supported markets
European stocks close: stocks closed higher, Bank of Japan’s boost of stimulus measures still supported markets
Stock indices closed higher. Bank of Japan's boost of stimulus measures still supported markets. The Bank (BoJ) decided on Friday to increase its monetary base target to an annual increase of ¥80 trillion, up from ¥60-70 trillion, and to boost exchange-traded fund purchases to ¥3 trillion. This decision was not expected by analysts.
Eurozone's consumer price index climbed at an annual rate of 0.4% in October, in line with expectations, up from a 0.3% rise in September.
Eurozone's unemployment rate remained unchanged at 11.5% in September, in line with expectations.
German adjusted retail sales fell 3.2% in September, missing expectations for a 1.0% decline, after a 1.5% gain in August. August's figure was revised down from a 2.5% increase.
Consumer spending in France dropped 0.8% in September, missing forecasts of a 0.5% decrease, after a 0.9% decline in August. August's figure was revised down from a 0.7% rise.
BNP Paribas SA shares climbed 4.1%after posting the better-than-estimated third-quarter profit.
Royal Bank of Scotland Group Plc shares rose 5.8% after the better-than-estimated third-quarter profit.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,546.47 +82.92 +1.28%
DAX 9,326.87 +212.03 +2.33%
CAC 40 4,233.09 +91.85 +2.22%
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