• European stock indices rising

Market news

7 February 2013

European stock indices rising

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.


Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.