Market news
16.05.2014, 16:07

European stocks close: stocks traded mixed

The stock indices stocks traded mixed. The weak GDP growth still weighed on stock markets. Tensions in Ukraine also had a negative impact on stock markets.

Eurozone’s trade balance surplus climbed to 15.2 billion euro in March, from 15.0 in March. Analysts had expected an increase to 17.3.

Banco Espirito Santo SA shares declined 5.5% as the company announced a capital increase.

TUI AG shares dropped 2.8% due to the weak earnings results in the second quarter of the fiscal year.

Indexes on the close:

Name                                   Price                                    Change                 Change %

FTSE 100                             6,855.81                              +14.29                     +0.22%

DAX                                         9,629.1                             -26.95                      -0.28%

CAC 40                                 4,456.28                              +11.35                     +0.26%

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