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- European stock markets mid-session: European indices trading mixed
European stock markets mid-session: European indices trading mixed
European indices are trading mixed today. The FTSE 100 index lost -0.11% quoted at 6,734.67 points after upbeat data on the Purchasing Manager Index on Services. The index rose from 56.2 last month to 58.6 in November beating forecasts of 56.6. Markets await the Autumn Forecast Statement due at 12:30 GMT and tomorrow's ECB policy meeting. France's CAC 40 is slightly negative at -0.08% trading at 4,384.62 and Germany's DAX 30 gained +0.16% trading at 9,950.22 points.
France's Services PMI published today declined to 47.9, 0.4 below forecasts whereas Eurozone's Services PMI declined to 51.1, 0.2 weaker than predicted by analysts. Eurozone's Retail Sales for October increased by 0.4%, 0.2% below forecasts whereas Retail Sales on a yearly basis increased 1.4%. Analysts forecasts predicted a growth of 0.9%.
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