• European stock markets traded with increased

Market news

27 December 2012

European stock markets traded with increased

European stock indices show growth. Positive impact on investors has hoped that the issue of threats to the "fiscal cliff" can be resolved in the coming days. Since U.S. President Barack Obama interrupted his Christmas vacation to try to reach an agreement with Congress. Timothy Geithner at the request of a default is to be announced on December 31, the U.S. will run out of credit limit, previously approved by Congress, with the result that Washington will have to default on its financial obligations. However, as the U.S. Treasury said: "You can stay afloat until March."

Clariant stock value surged by 3%, after it became known that the Swiss himkontsern sold a number of its units SK Capital investment fund for 502 million francs ($ 550 million).

Vivendi securities rose by 1%. South Korean wireless carrier has filed a preliminary application to the French media conglomerate owned a stake in the Moroccan company Maroc Telecom SA.

To date:

FTSE 100 5,966.79 +12.61 +0.21%

DAX 7,655.94 +19.71 +0.26%

CAC 3,672.60 +20.69 +0.55%

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