• European stocks close: stocks closed mixed as debt deal talks between the European Union and Greece broke down on Monday evening

Market news

17 February 2015

European stocks close: stocks closed mixed as debt deal talks between the European Union and Greece broke down on Monday evening

Stock indices closed mixed as debt deal talks between the European Union and Greece broke down on Monday evening.

Germany's ZEW economic sentiment index increased to 53.0 in February from 48.4 in January, but missing expectations for a rise to 56.2. That was the highest reading since February 2014.

The increase was driven by quantitative easing by the European Central Bank and the better-than-expected economic data from the Eurozone.

Eurozone's ZEW economic sentiment index rose to 52.7 in February from 45.5 in January, beating expectations for a gain to 51.3.

The U.K. consumer price index declined to 0.3% in January from 0.5% in December, in line with expectations. That was the lowest level since 1989.

The drop was driven by lower fuel and food prices.

Consumer price inflation excluding food, energy, alcohol and tobacco prices climbed to 1.4% in January from 1.3% the month before.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,898.13 +41.08 +0.60%

DAX 10,895.62 -27.61 -0.25%

CAC 40 4,753.99 +2.04 +0.04%

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