European stocks close: most stocks traded higher

Most stock indices stocks traded higher. Further stimulus measures by European Central Bank continued to weigh on stock markets.

Eurozone’s construction output declined 0.6% in March from a 0.1% increase in February. On a yearly basis, Eurozone’s construction output climbed 5.2% in March from a 6.7% gain in February.

The rejected Pfizer’s bid by AstraZeneca weighed on the British stock market.

AstraZeneca shares dropped 11.0% as the company rejected Pfizer’s offer.

Ryanair Holdings Plc climbed 11.0% after forecasting a return to growth this fiscal year.

Deutsche Bank AG slid 2% after the bank sold about 60 million shares to the Qatari royal family. The bank announced plans to raise 8 billion euros.

Indexes on the close:

Name                                   Price                                    Change                 Change %

FTSE 100                             6,844.55                              -11.26                      -0.16%

DAX                                      9,659.39                             +30.29                      +0.31%

CAC 40                                 4,469.76                              +13.48                     +0.30%