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- European stock markets mid session: stocks traded little changed after the release of disappointing economic data in the Eurozone
European stock markets mid session: stocks traded little changed after the release of disappointing economic data in the Eurozone
Stock
indices traded little changed after the release of disappointing economic data
in the Eurozone.
The number
of people unemployed in Germany surged by 24,000 this month to 2.905 million.
That was the largest increase in five years in May. Analysts had expected a decline
by 14,000.
The German
unemployment rate remained unchanged at 6.7%. This figure was expected by
analysts.
Consumer
spending in France fell 0.3% in April, after a 0.4% gain in March. Analysts had
expected a 0.5 increase. On a yearly basis, consumer spending in France dropped
0.5% in April, after a 1.2% fall in March.
Adjusted M3
money supply in the Eurozone climbed 0.8% in April, after a 1.1% increase in
March. Analysts had forecasted a 1.2% gain.
Private
loans in the Eurozone declined 1.8% in April (March: -2.2%), beating
expectations of a 2.1% fall.
Osram Licht
AG shares dropped 7.4% after lowering its sales forecast for the full year.
Elekta AB shares
declined 9.0% after reporting weaker-than-expected quarter earnings.
Current
figures:
Name Price Change Change %
FTSE
100 6,849.76 +4.82 +0.07%
DAX 9,949.72 +8.90 +0.09%
CAC 40 4,533.62 +3.87 +0.09%
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