• European stock markets mid session: stocks traded higher after mixed economic data from Eurozone

Market news

1 July 2014

European stock markets mid session: stocks traded higher after mixed economic data from Eurozone

Stock indices traded higher after mixed economic data from Eurozone. Eurozone's unemployment rate remained unchanged at 11.6% in May. Analysts had expected an increase to 11.7%.

German unemployment rate remained unchanged at 6.7% in June, in line with expectations.

The German economy lost 9,000 jobs in June. Analysts had expected the economy to add 9,000 jobs.

German final manufacturing purchase managers' index declined to 52.0 in June from 52.3 in May, missing expectations for a rise to 52.4.

French final manufacturing purchase managers' index decreased to 48.2 in June from 49.6 in May, beating expectations for a drop to 47.8.

Bilfinger SE shares dropped 14% after lowering its full-year profit forecast.

Current figures:

Name Price Change Change %

FTSE 100 6,780.06 +36.12 +0.54%

DAX 9,860.94 +27.87 +0.28%

CAC 40 4,451.76 +28.92 +0.65%

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