Most stock
indices traded lower due to the weak German retail sales and speculations over
further stimulus measures from the European Central Bank.
The German
adjusted retail sales dropped 0.9% in April, after a 0.7% decline in March.
Analysts had expected a 0.4% rise.
The
unadjusted retail sales in Germany climbed 3.4% in April, after a decrease of
1.9% in March.
Societe
Generale SA shares decreased 2.1% after its Russian unit posted a drop in
first-quarter profit.
BNP Paribas
SA shares declined 2.9% due to the company may be forced to pay a penalty
exceeding $10 billion in the U.S.
Indexes on
the close:
Name Price Change Change %
FTSE
100 6,844.51 -26.78 -0.39%
DAX 9,943.27 +4.37 +0.04%
CAC 40 4,519.57 -10.94 -0.24%