• European stock indices down

Market news

10 December 2012

European stock indices down

Decline began trading the major European stock indexes. The reason - the instability in the Eurozone. As might have been expected - investors reacted negatively to the statement, the Prime Minister of Italy, Mario Monti's intention to resign after parliamentary approval of the budget of the country in 2013.

In turn, the ex-Prime Minister Silvio Berlusconi has declared his intention to continue his political career.

The data for the indicator of investor confidence in France from Sentix for December came slightly below analysts' forecasts, the figure was -16.8 -16.2 at the forecast. Also recorded decline in industrial production y / y in October to -2.4%, forecast -2.3%, and m / m -0.7% vs. +0.4%.

FTSE 100 5,894.01 -20.39 -0.34%

CAC 40 3,577.59 -28.02 -0.78%

DAX 7,465.49 -52.31 -0.70%

STMicroelectronics stock prices have risen by 7.3%. Europe's largest manufacturer of electronic components announced plans for the third quarter of 2013 to sell its stake in the joint venture with the Swedish Ericsson - ST-Ericsson.


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