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- European stocks close: stocks closed lower, driven by lower miner and oil stocks
European stocks close: stocks closed lower, driven by lower miner and oil stocks
Stock indices closed lower, driven by lower miner and oil stocks.
Mostly weaker-than-expected PMIs from the Eurozone also weighed on markets. Eurozone' final manufacturing purchasing managers' index (PMI) fell to 50.1 in November from a preliminary reading of 50.4. Analysts had expected the final index to remain at 50.4.
Germany's final manufacturing PMI declined to 49.5 in November from a preliminary reading of 50.0. Analysts had expected the final index to remain at 50.0.
France's final manufacturing PMI climbed to 48.4 in November from a preliminary reading of 47.6. Analysts had expected the final index to remain at 47.6.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,656.37 -66.25 -0.99%
DAX 9,963.51 -17.34 -0.17%
CAC 40 4,377.33 -12.85 -0.29%
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