• Analytics
  • News and Tools
  • Market News
  • European stocks close: stocks closed mixed on mixed economic data from the Eurozone and as the Greek debt crisis weighed on markets
Market news
01.06.2015, 16:00

European stocks close: stocks closed mixed on mixed economic data from the Eurozone and as the Greek debt crisis weighed on markets

Stock indices closed mixed on mixed economic data from the Eurozone and as the Greek debt crisis weighed on markets. German preliminary consumer price index rose 0.1% in May, in line with expectations, after a flat reading in April.

The increase was driven by higher energy, food and services costs.

On a yearly basis, German preliminary consumer price index increased to 0.7% in May from 0.5% in April, in line with expectations. It was the highest level since October 2014.

Eurozone's final manufacturing purchasing managers' index (PMI) rose to 52.2 in May from 52.0 in April, down from a preliminary reading of 52.3.

Spain, the Netherlands and Italy were strongest performers.

Markit's Chief Economist Chris Williamson said that Spain and Italy benefited in particular from exports.

Germany's final manufacturing PMI decreased to 51.1 in May from 52.1 in April, down from a preliminary reading of 51.4.

France's final manufacturing PMI climbed to 49.4 in May from 48.0 in April, up a preliminary reading of 49.3.

The Greek debt crisis also weighed on markets. Greece have to repay €300 million IMF loans this week but a new debt deal between Greece and its creditors is not reached yet.

Markit Economics released its manufacturing purchasing managers' index (PMI) for the U.K. on Monday. The Markit/Chartered Institute of Procurement & Supply manufacturing PMI for the U.K. increased to 52.0 in May from 51.8 in April, missing expectations for a rise to 52.5. April's figure was revised down from 51.9.

The increase was driven by rises in output and new orders.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,953.58 -30.85 -0.44 %

DAX 11,436.05 +22.23 +0.19 %

CAC 40 5,025.3 +17.41 +0.35 %

© 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