The stock
indices stocks increased due to the positive Chinese manufacturing data, easing
concerns about the slowdown of China’s economy. China’s HSBC manufacturing
index (preliminary) climbed to 49.7 in May, up from 48.1 in April. Analysts had
expected an increase to 48.4.
Eurozone’s flash
manufacturing purchasing managers' index fell to 52.5 in May, from 53.4 in
April. That was the slowest growth in six months. Analysts had expected a
decrease to 53.2.
Eurozone’s flash
services purchasing managers' index climbed to 53.5 in May, from 53.1 in April.
That was the fastest pace in almost three years. Analysts had forecasted a
decrease to 53.0.
France's
flash manufacturing purchasing managers' index decreased to 49.3 in May, from
51.2 in April. Analysts had expected a decline to 51.1.
France's
flash services purchasing managers' index decreased to 49.2 in May, from 50.4 in
April. Analysts had forecasted a fall to 50.3.
Germany's
manufacturing purchasing managers' index I slid to 52.9 in May, from 54.1 in
April. Analysts had expected a decline to 54.0.
Germany's
services purchasing managers' index gained to 56.4 in May, from 54.7 in April.
Analysts had forecasted a rise to 54.8.
Raiffeisen
Bank International AG shares rose 5.3% after reporting the better-than-expected
earnings in the first quarter.
Royal Mail
Plc shares dropped 6.4% after the company released that the full-year profit
missed analysts’ forecast.
Logitech
International SA declined 5.7% after reporting its annual report will be
released later because of an accounting investigation.
Current
figures:
Name Price Change Change %
FTSE
100 6,826.46 +5.42 +0.08%
DAX 9,710.74 +12.87 +0.13%
CAC 40 4,461.27 -7.76
-0.17%
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