European stock markets mid session: stocks increased after strong Chinese manufacturing purchase managers’ index

Stock indices increased after strong Chinese purchase managers’ index. China’s PMI increased to 50.8 in May, beating expectations of a rise to 50.7 from 50.4 in April. That was the fastest pace in five months.

Eurozone’s manufacturing purchase managers’ index (PMI) decreased to 52.2 in May from 52.5 in April. Analysts had expected that the index remained unchanged.

Germany’s manufacturing PMI fell to 52.3 in May from 54.1 in April. Analysts had forecasted a decline to 52.9.

France’s manufacturing PMI sank to 49.6 in May from 51.2 in April. Analysts had expected a decrease to 49.3.

In the U.K., the manufacturing purchase managers’ index declined to 57.0 in May from 57.3 in April. Analysts had forecasted a fall to 57.1.

Current figures:

Name                                   Price                                    Change                 Change %

FTSE 100                             6,861.61                             +17.10                      +0.25%

DAX                                     9,967.97                              +24.70                      +0.25%

CAC 40                                4,522.86                                +3.29                      +0.07%