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- European stocks close: stocks traded mixed due to a slowdown of Chinese economy and the escalation of tensions in Ukraine
European stocks close: stocks traded mixed due to a slowdown of Chinese economy and the escalation of tensions in Ukraine
European
stocks traded mixed due to a slowdown of Chinese economy and the escalation
of tensions in Ukraine. China’s HSBC manufacturing purchasing managers’ index
dropped to 48.1 in April from 48.3 in March. Analysts expected an increase to
48.4. China’s HSBC manufacturing purchasing managers’ index showed a decrease
for the fourth month in a row.
Eurozone’s
investor confidence released by Sentix declined to 12.8 in March from 14.1 in
February. Analysts forecasted an increase to 14.2.
The
European Commission warned that the low level of inflation and geopolitical
tensions with Russia could have a negative impact on economic recovery.
The stock
market in London is closed for a public holiday.
Wincor
Nixdorf AG shares declined 5.1% after announcing the worse-than-expected
first-half earnings.
Wacker
Chemie AG shares decreased 4.1% due to the worse-than-expected first quarter
earnings.
Indexes on
the close:
Name Price Change Change %
FTSE
100 closed
DAX 9,529.5 -26.52 -0.28%
CAC 40 4,462.69 +4.52 +0.10%
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