Stock market indices in Europe show an increase on the background of the forthcoming meeting of the European Central Bank and a decision on the level of interest rates. Despite the statistics on inflation, market participants are increasingly expected that the rate will remain at the current level of 0.75%. However, the market is waiting to hear plans for stimulating the economy, programs or rejecting them.
The impact on the market has a leading publication of the quarterly reports of companies Sanofi SA, Vodafone Group Plc.
To date:
FTSE 100 6,300.75 +5.41 +0.09%
CAC 40 3,654.2 +11.30 +0.31%
DAX 7,609.07 +27.89 +0.37%
Sanofi SA shares fell 4%, as the company expects a profit this year will decline.
The market value of Vodafone Group Plc rose 2.1% after the company confirmed its outlook for financials current fiscal year, which ended in March.
Alcatel-Lucent capitalization increased by 9.7% to the highest price since April, after the chief executive officer resigned.