European stocks close: stocks closed higher as geopolitical concerns eased

Market news

11 August 2014

European stocks close: stocks closed higher as geopolitical concerns eased

Stock indices closed higher due to increasing demand for risk-related 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 2.8%.

PSA Peugeot Citroen SA shares climbed 2.6%.

Valeo SA rose 3.4%.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,632.82 +65.46 +1.00 %

DAX 9,180.74 +171.42 +1.90 %

CAC 40 4,197.7 +49.89 +1.20 %

European stocks closed in plus: FTSE 100 6,632.82 +65.46 +1.00% CAC 40 4,197.7 +49.89 +1.20% DAX 9,180.74 +171.42 +1.90%

Oil: an overview of the market situation

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.