• European stock rose

Market news

11 November 2013

European stock rose

European stocks rose , which was associated with the publication of better-than -expected financial reports , as well as upbeat data from China. Asian stocks rose , while the U.S. index futures are little changed .

It should be noted that the National Bureau of Statistics of China announced on Saturday that China's industrial production grew by 10.3 % y / y in October , which is slightly faster than the increase of 10.2 % in September. Manufacturing grew by 9.7 % in the first ten months of the year .

Retail sales growth was unchanged 13.3 % in October. In January -October sales were up 13 percent compared with the same period last year.

Investment in fixed assets grew by 20.1 % y / y in October to 20.2 % in September.

Trade data for China were stronger than expected, thanks to the recovery in exports in October. The country's exports grew by 5.6 % y / y in October, while imports rose by 7.6 %.

Consumer prices rose by 3.2 % y / y in October , faster than the 3.1% in September. Producer prices fell 1.5 % y / y , after falling 1.3 % the previous month .

Stoxx Europe 600 Index rose 0.1 percent.

Lonmin shares rose 6.5 percent after a report that showed that the annual income of 31 cents per share, compared with a loss of 202 cents per share in the previous year. Experts forecast a profit of 13 cents.

Cost of Deutsche Telekom AG fell 2 percent as Goldman Sachs Group lowered its recommendation on the stock to ' sell' from 'neutral' .

Shares of RSA Insurance Group Plc fell 11 percent , registering the largest drop in the last eight months , and a sharp decline in the Stoxx 600 .

At the moment :

FTSE 100 6,727.67 +19.25 +0.29 %

CAC 40 4,272.07 +11.63 +0.27 %

DAX 9,094.6 +16.32 +0.18%

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