• European stock markets mid-session: European indices add solid gains

Market news

22 December 2014

European stock markets mid-session: European indices add solid gains

European indices added to early session gains being positive for a fifth consecutive day. Markets were lifted by rising energy shares profiting as oil prices reversed a slump in the price over the last month. Markets were also supported by Greek Prime Minister Samaras inviting independent pro-Europe members of the parliament into the government. If the parliament does not choose a new president by December 29th elections will be held in February putting bailout negotiations at risk.

In today's session the FTSE 100 index added +0.78% quoted at 6,596.25 points, France's CAC 40 gained +0.97% trading at 4,282.95. Germany's DAX 30 is currently trading +0.99% at 9,884.21 points.

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.