• European markets are moving in different directions

Market news

31 October 2012

European markets are moving in different directions

Trading in Europe opened growth stocks. The reason for this was a positive corporate reports of European companies.

Create a negative background data on the labor market in Italy, where unemployment in September rose to 10.8%, its highest level since January 2004, thus affecting the level of unemployment in the euro area. Rose to 11.6%.

Also fell short of analysts' forecast data on the growth of retail sales in Germany and France.

FTSE 100 5,842.85 -7.05 -0.12%

CAC 40 3,472.37 +12.93 +0.37%

DAX 7,331.74 +47.34 +0.65%

Shares of oil and gas giant Total gained 1.6% due to the increase in net profit for the third quarter by 20% - up to 3.3 billion euros at the forecast of analysts 3.1 billion euros.

Capitalization airline Deutsche Lufthansa rose by 4.4%. After announcing data on the growth of profit in July-September, to 648 million euros from 610 million euros in the same period a year earlier (the forecast of analysts 522 million euros.)

Quotes of Air France-KLM rose 2.7% due to the increase in operating profit.


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