Market news
21.05.2014, 16:10

European stocks close: stocks were up due to the better-than-expected consumer confidence in the Eurozone

The stock indices stocks were up due to the better-than-expected consumer confidence in the Eurozone. The consumer confidence in the Eurozone was -7.1 in May, from a decrease of 8.6 in April. Analysts had expected a decline of 8.0.

Earlier in the trading session, the current account surplus in the Eurozone was 18.8 billion euro in March, after a surplus of 21.9 billion euro in February. Analysts had expected an increase to 24.2 billion euro.

A.P. Moeller-Maersk A/S shares rose 3.9% after the company forecasted an increase of its profit in 2014.

Current figures:

Name                                   Price                                    Change                 Change %

FTSE 100                              6,821.04                             +19.04                      +0.28%

DAX                                      9,697.87                              +58.79                      +0.61%

CAC 40                                 4,469.03                              +16.68                      +0.37%

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