• European stock indices show growth

Market news

27 November 2012

European stock indices show growth

Stock market indices in Europe are rising against the decision taken at a meeting of the Eurogroup on the allocation of the next tranche of financial aid to Greece. Enumeration of international aid could begin in December. It was decided to transfer 43.7 billion euros. The final decision on the order of allocation of funds to Greece, according to the international program of anti-crisis assistance will be taken at a meeting of the Eurogroup on 13 December.

To date:

FTSE 100 5,806.82 +20.10 +0.35%

CAC 40 3,508.25 +7.31 +0.21%

DAX 7,324.8 +32.77 +0.45%

Carrefour SA shares rose 1.1% after the announcement of the plan to open hypermarkets in China next year. Quotes Remy Cointreau rose by 6.5% after the first half operating profit, the data of which were better than expected.

SBM Offshore NV capitalization increased by 4.5%, Galp Energia SGPS SA fell 5.9%.

Shares of Royal Bank of Scotland Group Plc rose 3.7% after the improvement of the investment ratings of its securities UBS from "neutral" to "buy." 


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