Market news
18.08.2016, 10:36

Major stock indices in Europe moderately higher

European stocks rose as the July Fed meeting minutes dismissed the likelihood of a rate hike in September, while investors moved focus on forthcoming publication of the minutes of the last meeting of the European Central Bank.

The composite index of the largest companies in the region Stoxx Europe 600 rising for the first time in five sessions, +0,6% - to 342.48 points.

Shares of Anglo American rose during trading 2,3%, Antofagasta +2,2%, BHP Billiton +2,1%, Fresnillo +1.9%.

Vestas Wind shares jumped 9%, as the operating income of the Danish manufacturer of wind turbines in the second quarter exceeded forecasts, and the company has improved the forecast for 2016.

Shares of NN Group increased by 6.5%, as the Dutch insurance company reported a smaller decline in profits than many analysts expected.

Thyssenkrupp AG shares rose 1.6% after Deutsche Bank analysts confirmed their rating to "buy."

Shares of Nestle SA fell 0.6% after the Swiss food giant said sales growth in the first quarter by 3.5%, worse than analysts' expectations.

Kingfisher shares have fallen by 1.5%, despite the retailer's message on the growth of sales in the second quarter by 3% and the statement that "there is no clear evidence of the impact on demand from Brexit".

At the moment:

FTSE 6868.29 9.14 0.13%

DAX 10593.06 55.39 0.53%

CAC 4425.96 8.28 0.19%

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