Major stock indexes in Europe began trading lower, but at the moment are moving in different directions. Uncertainty of market participants due to the forthcoming meeting of the ECB and the Bank of England, as well as the announcement of interest rates.
The focus of the market are also stat data on the number of initial applications from unemployed to receive benefits in the U.S., which will be published at 15:30 Moscow time, and today's meeting in Dublin, European Commission President Jose Manuel Barroso, with Irish Prime Minister Kenny.
FTSE 100 6,106.75 +8.10 +0.13%
DAX 7,739.23 +18.76 +0.24%
CAC 3,713.97 -3.53 -0.09%
Stock quotes British Tesco Plc, which owns the country's largest network of food supermarkets, increased by 2.8% due to the sales of Christmas, which were better than market expectations.
However, the country's largest retailer Marks & Spencer Group Plc reduced capitalization of 4.3% due to the deterioration of sales at stores open more than a year. 13 weeks to 29 December figure for UK stores fell by 1.8%.
Market price of MAN SE jumped 5.8% after the German Volkswagen AG, the largest car manufacturer in Europe, has offered to buy all the shares held by him not MAN, to gain control over the company. At the moment, Volkswagen owns 75.03% of the voting shares of MAN.
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