• European stock markets mid session: stocks traded mixed after the mixed services purchasing managers' index from the Eurozone and the U.K.

Market news

6 January 2015

European stock markets mid session: stocks traded mixed after the mixed services purchasing managers' index from the Eurozone and the U.K.

Stock indices traded mixed after the mixed services purchasing managers' index (PMI) from the Eurozone and the U.K. Eurozone' final services PMI fell to 51.6 in December from a preliminary reading of 51.9. Analysts had expected the final index to remain at 51.6.

Germany's final services PMI remained rose to 52.1 in December from a preliminary reading of 51.4. Analysts had expected the final index to remain at 51.4.

France's final services PMI increased to 50.6 in December from a preliminary reading of 49.8. Analysts had expected the final index to remain at 49.8.

Political uncertainty in Greece still weighed on markets. There is speculation that Greece could leave the Eurozone. Greeks will elect new parliament later this month. If a left-wing government wins Greek parliament elections, it may cancel austerity measures and may renegotiate Greece's debt.

The U.K. services PMI dropped to 55.8 in December from 58.6 in November, missing expectations for a rise to 58.9.

Current figures:

Name Price Change Change %

FTSE 100 6,376.64 -40.52 -0.63%

DAX 9,521.88 +48.72 +0.51%

CAC 40 4,118.59 +7.23 +0.18%

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