Europe
European equity indices have mostly traded lower as profits are taken following 6 days of gains.
|
Index |
Country |
% |
|
Euro Stoxx |
Europe |
-0.09 |
|
FTSE100 |
UK |
-0.47 |
|
CAC 40 |
France |
0.12 |
|
DAX |
Germany |
-0.46 |
|
IBEX 35 |
Spain |
-0.30 |
|
FTSE MIB |
Italy |
-0.24 |
|
AEX |
Netherlands |
-0.52 |
|
OMX |
Sweden |
-0.52 |
|
SMI |
Switzerland |
0.27 |
The European equity sectors are extremely mixed with cyclicals populating the leading and lagging performance list.
|
Leading |
% |
Lagging |
% | |
|
Indus Products |
0.65 |
Steel |
-1.44 | |
|
Mining |
0.46 |
Chemicals |
-1.35 | |
|
Banks |
0.34 |
Manufacturing |
-1.30 |
European news:
Spain's Telefonica is said to have gained control of Brazilian cell phone operator "Vivo" in a $9.8Bn acquisition.
Spanish bank BBVA sees profit fall 18% as it makes a higher than expected bad loan provision.
Govenor of the Bank of England, Dr Mervyn King forsee's a "considerable" period of time before UK rates return to normal.
Air France has said it sees a recovery in business travel.