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- European stock markets mid session: stocks traded little changed as escalating tensions over Ukraine weighed on markets
European stock markets mid session: stocks traded little changed as escalating tensions over Ukraine weighed on markets
Stock indices traded little changed as escalating tensions over Ukraine weighed on markets. USA and the European Union threatened further economic sanctions on Russia. Investors have concerns that sanctions against Russia would have a negative impact on the economic growth in the Eurozone.
Mixed economic data from the Eurozone also weighed on markets. Eurozone's final manufacturing purchasing managers' index (PMI) fell to 50.7 in August from 50.8 in July. Analysts had expected the manufacturing PMI to remain unchanged.
German final manufacturing PMI dropped to 51.4 in August from 52.0 in July. Analysts had expected the manufacturing PMI to remain unchanged.
French final manufacturing PMI rose to 46.9 in August from 46.5 in July.
German gross domestic product (GDP) declined 0.2% in the second quarter, in line with expectations.
On a yearly basis, German GDP increased 0.8% in in the second quarter, in line with expectations.
Current figures:
Name Price Change Change %
FTSE 100 6,816.33 -3.42 -0.05%
DAX 9,472.62 +2.45 +0.03%
CAC 40 4,373.71 -7.33 -0.17%
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