European stock markets mid session: stocks were exhibiting a mixed trend

The stock indices stocks were exhibiting a mixed trend. The weaker-than-expected GDP in the Eurozone had a negative impact on stock markets. Eurozone’s gross domestic product increased 0.2% in the first quarter, from a 0.2% decrease in the previous quarter. Analysts had expected a 0.4% rise. On a yearly basis, the GDP in the Eurozone rose 0.9%, missing expectations for an increase of 1.1%.

On a yearly basis, Eurozone’s harmonized consumer price index was unchanged at 0.7% in April. Analysts had forecasted this figure. On a monthly basis, the consumer price index in the Eurozone rose 0.2% April, from a 0.9% gain in March. The inflation rate is still well below the ECB's 2% inflation target.

Thomas Cook Group Plc shares declined 6.2% after posting the weak earnings results.

Richemont shares increased 5.2%, as the company’s results were exceeding analysts’ forecasts.

London Stock Exchange Group Plc climbed 2.4% after announcing full-year sales.

Deutsche Post AG shares decreased 3.4% after reporting its first quarter results, missing analysts’ forecasts.

Current figures:

Name                                   Price                                    Change                 Change %

FTSE 100                             6,889.55                              +11.06                     +0.16%

DAX                                      9,770.47                             +16.08                     +0.16%

CAC 40                                 4,499.55                               -1.49                     -0.03%