• European stock markets mid session: stocks traded higher due to increasing demand for riskier assets

Market news

11 August 2014

European stock markets mid session: stocks traded higher due to increasing demand for riskier assets

Stock indices traded higher due to increasing demand for riskier assets. Geopolitical concerns eased slightly as Russia have finished military exercises near Ukraine.

Stock markets came under pressure last week as investors preferred safe-haven assets due to geopolitical tensions in Iraq and Ukraine.

Bayerische Motoren Werke (BMW) AG shares increased 2.43%.

PSA Peugeot Citroen SA shares climbed 2.4%.

Valeo SA rose 2.7%.

Current figures:

Name Price Change Change %

FTSE 100 6,614.64 +47.28 +0.72%

DAX 9,149.8 +140.48 +1.56%

CAC 40 4,181.84 +34.03 +0.82%

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