• European stocks close: stocks closed lower as European Union will implement new sanctions against Russia tomorrow

Market news

11 September 2014

European stocks close: stocks closed lower as European Union will implement new sanctions against Russia tomorrow

Stock indices closed lower as European Union will implement new sanctions against Russia tomorrow. European Union approved new sanctions against Russia on Monday, but put it on hold.

Russian foreign ministry spokesman Alexander Lukashevich said at a briefing in Moscow that Russia will respond to the sanctions.

Scotland's independence referendum was also in focus. A Wednesday Scotland's independence poll showed 53% said "no" to independence.

German consumer price index remained flat in August.

French consumer price index climbed 0.5% in August, exceeding expectations for a 0.4% increase, after a 0.3% decline in July.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,799.62 -30.49 -0.45%

DAX 9,691.28 -8.89 -0.09%

CAC 40 4,440.9 -9.89 -0.22%

Market Focus
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