• Stock indexes in Europe traded with increased

Market news

21 January 2013

Stock indexes in Europe traded with increased

Today in Brussels hosted a meeting of finance ministers of the eurozone. It is planned to discuss the issue of providing funds directly to eurozone banks of stab fund, and will discuss the creation of a financial regulator, which will oversee the activities of banks in the EU.

Along with this will be discussed in Spain, Greece and Cyprus.

The course of trading may also affect what the U.S. financial markets will be closed in observance of Martin Luther King.

FTSE 100 6,166.63 +12.22 +0.20%

CAC 40 3,750.98 +9.40 +0.25%

DAX 7,730.4 +28.17 +0.37%

Shares of Admiral Group Plc and International Consolidated Airlines Group (IAG) rose by 4.8% and 1.8% due to improvement expert recommendations for the securities of both companies.

Goldman Sachs analysts raised their recommendations for the stock Admiral, working in the field of auto insurance, to "actively buy" from "neutral." Recommendations for stocks IAG, owner airlines British Airways, have been promoted by economists Credit Suisse to "overweight" from "neutral." The value of shares Cie. Financiere Richemont SA, the world's largest manufacturer of jewelry, fell during trading up 4.9% as the statements of the company in the last quarter did not meet market expectations.


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