Market news
06.05.2015, 16:08

European stocks close: stocks closed slightly higher on corporate earnings and on the mixed economic data from Eurozone

Stock indices closed slightly higher on corporate earnings and on the mixed economic data from Eurozone. Retail sales in the Eurozone fell 0.8% in March, missing expectations for a 0.7% decrease, after a 0.1% gain in February. February's figure was revised up from a 0.2% drop.

It was the first negative monthly reading since September 2014.

The decline was driven by lower gasoline sales, which dropped 2.8% in March.

Greece repaid a 200-million-euro loan from the International Monetary Fund on Wednesday.

Eurozone's final services purchasing managers' index (PMI) fell to 54.1 in April from 54.2 in March, up from a preliminary reading of 53.7.

Spain was the top performers in April.

Germany's final services PMI decreased to 54.0 in April from 55.4 in March, down from a preliminary reading of 54.4.

France's final services PMI dropped to 51.4 in April from 52.4 in March, up a preliminary reading of 50.8.

Markit's and the Chartered Institute of Purchasing & Supply's services purchasing managers' index (PMI) for the U.K. increased to 59.5 in April from 58.9 in March, beating expectations for a fall to 58.5. It was the highest level since August 2014.

The rise was driven by an increase in new business, stronger economic confidence and warm weather.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,933.74 +6.16 +0.09 %

DAX 11,350.15 +22.47 +0.20 %

CAC 40 4,981.59 +7.52 +0.15 %

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location