• European stocks close: stocks closed higher on better-that-estimated corporate earnings

Market news

13 November 2014

European stocks close: stocks closed higher on better-that-estimated corporate earnings

Stock indices closed higher on better-that-estimated corporate earnings.

Germany's final consumer price index declined 0.3% in October.

On a yearly basis, German final consumer price index rose 0.7% in October, lower than the previous reading of 0.8% gain.

France's consumer price inflation was flat in October, beating expectations for a 0.1% decline, after a 0.4% drop in September.

On a yearly basis, French consumer price index increased 0.5% in October, after a 0.3% rise in September.

Ericsson AB shares increased 3.2% after announcing a cost-cutting plan.

KBC Groep NV shares rose 6.4% after reporting the better-than-estimated third-quarter net profit.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,635.45 +24.41 +0.37%

DAX 9,248.51 +37.55 +0.41%

CAC 40 4,187.95 +8.07 +0.19%

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
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.