• European stock markets mid session: stocks traded lower resuming the recent selloff

Market news

20 May 2014

European stock markets mid session: stocks traded lower resuming the recent selloff

The stock indices stocks traded lower resuming the recent selloff.

The producer price index in Germany decreased 0.1% in April, from a 0.3% decrease in March. Analysts had expected 0.0%. On a yearly basis, the German producer price index declined 0.9% in April (March: -0.9%). Analysts had forecasted a 0.7% decrease.

Vodafone Group Plc shares declined 3.7% after the company forecasted the fall of its profit in this year.

United Internet AG climbed 5.8% after reporting the better-than-expected earnings in the first quarter.

Current figures:

Name                                   Price                                    Change                 Change %

FTSE 100                              6,812.51                             -32.04                      -0.47%

DAX                                      9,634.14                              -25.25                      -0.26%

CAC 40                                 4,449.58                              -20.18                     -0.45%

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