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- European stock markets mid session: stocks traded higher despite the disappointing economic data from the Eurozone
European stock markets mid session: stocks traded higher despite the disappointing economic data from the Eurozone
Stock indices traded higher despite the disappointing economic data from the Eurozone. Stock indices advanced as ThyssenKrupp AG and Royal Boskalis Westminster NV shares rose.
Eurozone's harmonized consumer price index declined 0.7% in July, missing expectations for a 0.6% decrease, after a 0.1% rise in June.
On a yearly basis, Eurozone's harmonized consumer price index rose 0.4% in July, in line with expectations, after a 0.4% increase in June.
Eurozone's preliminary gross domestic product was flat in the second quarter, missing expectations for a 0.1% rise, after a 0.2% gain in the first quarter.
On a yearly basis, Eurozone's preliminary gross domestic product climbed 0.7% in the second quarter, in line with expectations, after a 0.9% rise in the first quarter.
German preliminary GDP decreased 0.2% in the second quarter, missing forecasts of a 0.1% decline, after a 0.8% rise in the first quarter.
French preliminary GDP remained flat in the second quarter, missing forecasts of a 0.1% gain.
Royal Boskalis Westminster NV shares rose 8.4% after the company said it will buy back shares.
ThyssenKrupp AG shares increased 1.2% after reporting better-than-forecasted quarterly earnings.
Current figures:
Name Price Change Change %
FTSE 100 6,688.36 +31.68 +0.48%
DAX 9,245.19 +46.31 +0.50%
CAC 40 4,212.24 +17.45 +0.42%
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