• European stocks close: most stocks closed higher on a rebound of energy stocks

Market news

2 December 2014

European stocks close: most stocks closed higher on a rebound of energy stocks

Most stock indices closed higher on a rebound of energy stocks.

Eurozone's producer price index fell 0.4% in October, missing expectations for a 0.3% increase, after a 0.2% rise in September.

The U.K. construction PMI decreased to 59.4 in November from 61.4 in October, missing expectations for a decline to 61.2.

BP Plc shares jumped 4.7%.

Royal Dutch Shell Plc shares rose 3.9%.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,742.1 +85.73 +1.29%

DAX 9,934.08 -29.43 -0.30%

CAC 40 4,388.3 +10.97 +0.25

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