• European stock markets mid session: stocks traded little changed after the weak economic data from the Eurozone

Market news

29 August 2014

European stock markets mid session: stocks traded little changed after the weak economic data from the Eurozone

Stock indices traded little changed after the weak economic data from the Eurozone. Eurozone's unemployment rate remained unchanged at 11.5% in July, in line with expectations.

Eurozone's preliminary harmonized consumer price index declined to an annual rate of 0.3% in August from 0.4% in July, in line with expectations.

German retail sales fell 1.4% in July, missing expectations for a 0.1% gain, after a 1.0% rise in June. June's figure was revised down from a 1.3% increase.

Investors speculate that the European Central Bank will add new stimulus measures to support the economy.

Market participants also monitor developments in Ukraine. Ukrainian president said Russian forces had entered the country.

Tesco Plc shares fell 5.3% after the company cut its full-year profit forecast.

Current figures:

Name Price Change Change %

FTSE 100 6,817.01 +11.21 +0.16%

DAX 9,478.85 +16.29 +0.17%

CAC 40 4,371.05 +5.01 +0.11%

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