• European stock markets mid session: stocks climbed supported by European Central Bank President Mario Draghi's comments last week

Market news

12 May 2014

European stock markets mid session: stocks climbed supported by European Central Bank President Mario Draghi's comments last week

The stock indices climbed supported by European Central Bank President Mario Draghi's comments last week. Draghi said that the ECB could add new stimulus measures in June to tackle low inflation. Increasing concerns over Ukraine had a negative impact on markets. Pro-Russian separatists said that the referendum held in two regions of eastern Ukraine proved successful. Both Ukrainian government and the West condemned the vote.

Sky Deutschland AG shares declined 5.4% after British Sky Broadcasting Group Plc announced the company wants to acquire control of Sky Deutschland AG.

Current figures:

Name                                   Price                                    Change                 Change %

FTSE 100                             6,841.62                             +27.05                     +0.40%

DAX                                      9,669.52                             +88.07                     +0.92%

CAC 40                                 4,480.59                               +3.31                     +0.07%

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