• European stocks are moving in different directions

Market news

13 August 2012

European stocks are moving in different directions

To date, no major scheduled macroeconomic data. The focus of the market are preliminary findings, published in Japan, which showed that the growth of the economy by 1.4% yoy c April to June 2012, while analysts expected a rate increase of 2.7%. This statistic was another signal of slowing growth in Asian economies after last week's disappointing data on industrial production and trade balance of China.

FTSE 100 5,845.49 -1.62 -0.03%

DAX 6,970.33 +25.77 +0.37%

CAC 3,439.34 +3.72 +0.11%

Shares of Barclays, Royal Bank of Scotland and HSBC Holdings down 0.35%, 0.54% and 0.28% respectively, quotes, UBS AG fell by 0,14%, Deutsche Bank - 0.73%.

Paper BP decreased by 0.36% after the news that the company sells assets to process gas in Texas (USA) for 227.5 million dollars Closing is expected in the IV quarter of this year in obtaining approval from regulatory authorities.

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