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- European stocks close: stocks closed higher on manufacturing PMIs from the Eurozone
European stocks close: stocks closed higher on manufacturing PMIs from the Eurozone
Stock indices closed higher on manufacturing PMIs from the Eurozone. Eurozone's final manufacturing purchasing managers' index (PMI) fell to 52.0 in April from 52.2 in March, up from a preliminary reading of 51.9.
Ireland and Spain were the top performers in April, while France's and Greece's manufacturing activity contracted due to falling production and job cuts.
Germany's final manufacturing PMI decreased to 52.1 in April from 52.8 in March, up from a preliminary reading of 51.9.
France's final manufacturing PMI dropped to 48.0 in April from 48.8 in March, down a preliminary reading of 48.4.
Market research group Sentix released its investor confidence index for the Eurozone on Monday. The index fell to 19.6 in May from 20.0 in April, missing expectations for a decline to 19.8.
The Eurozone's recovery was offset by the uncertainty over the Greek debt crisis.
Stock market in the U.K. is closed for a public holiday.
Indexes on the close:
Name Price Change Change %
FTSE 100 closed
DAX 11,619.85 +165.47 +1.44 %
CAC 40 5,081.97 +35.48 +0.70 %
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