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- European stock markets mid session: stocks increased, still supported by European Central Bank President Mario Draghi's comments last week
European stock markets mid session: stocks increased, still supported by European Central Bank President Mario Draghi's comments last week
The stock
indices increased, still supported by European Central Bank President Mario
Draghi's comments last week. Draghi said that the ECB could add new stimulus
measures in June to tackle low inflation.
But later
stock markets lost a part of its gains due to the weaker-than-expected economic
data from the Eurozone and Germany. The ZEW Centre for Economic Research released
the economic sentiment figures for May. German economic sentiment slid to 33.1 in
May from 43.2 in April. Analysts had expected 41.3.
Eurozone’s
economic sentiment declined to 55.2 in May from 61.2 in April. Analysts had
forecasted 63.5.
ThyssenKrupp
AG shares climbed 5.5% after the company raised its full-year earnings
forecast.
Airbus
Group shares increased 5.8% after reporting the narrower-than-expected loss for
the first quarter.
Current
figures:
Name Price Change Change %
FTSE
100 6,858.43 +6.68 +0.10%
DAX 9,764.07 +61.61 +0.63%
CAC 40 4,503.54 +9.89 +0.22%
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