• European stock indexes traded different directions

Market news

19 September 2012

European stock indexes traded different directions

Growth of the major indexes opened trading in Europe, but at the moment indices show a mixed performance. Today, the ECB held an auction to provide dollar liquidity to the tune of 3.72 billion dollars at 0.64% for 7 days. Data on the volume of construction in the euro zone at an annual rate in July showed a decline of -4.7%.

FTSE 100 5,870.39 +2.23 +0.04%

CAC 40 3,507.68 -5.01 -0.14%

DAX 7,339.65 -8.04 -0.11%

Inditex SA shares gained 2.3% after the largest clothing retailer in the world reported an increase in revenue. Paper Lonmin Plc rose 3.9% after reaching an agreement with the payment of workers at its mines in South Africa. Porsche SE gained 5% after a German court dismissed two lawsuits alleging that the automaker manipulated stock prices in 2008.

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