• Major stock indices in Europe trading mixed

Market news

23 November 2016

Major stock indices in Europe trading mixed

Stock indices in Western Europe show a mixed trend as investors assess the statistical data from the euro zone and are waiting for US economic data.

Euro zone services PMI rose from 53.2 points to 54.1 points - the highest since December 2015, according to preliminary data of Markit Economics.

"Preliminary estimates indicate that November will see the best monthly growth of business activity in the current year, - said a Chris Williamson - IHS Markit.

The composite index of the largest companies in the region Stoxx Europe 600 fell 0.39% - to 339.69 points.

The value of mining companies continued following raw material prices; capitalization of BHP Billiton and Fresnillo rose more than 2.5%.

However, the share prices of European banks fall on Wednesday, while Barclays lost 0.4% of market value, Credit Suisse - 0,9%, BNP Paribas - 0,5%.

Shares of Italian banks were among the outsiders in the run-up to the constitutional referendum. UniCredit Securities lost more than 3%, while shares of Banco Popolare di Milano fell by 5%.

Daimler shares fell 0.8% after reports that one of the leaders of the automaker was fired after being accused of insulting the Chinese people.

At the moment:

FTSE 6848.11 28.39 0.42%

DAX 10648.38 -65.47 -0.61%

CAC 4521.76 -26.59 -0.58%

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