The stock
indices traded higher due to European parliament elections results and
the speech of the European Central Bank President Mario Draghi. Italia’s Prime
Minister Matteo Renzi’s party election victory boosted European stock markets.
Renzi’s Democratic Party scored a massive 41% of the vote.
The
European Central Bank President Mario Draghi signalled at the conference in
Sintra that the ECB will take action in June if the inflation should weaken.
German
consumer confidence published by Gfk remained unchanged at 8.5 in June, meeting
analysts’ expectations.
Markets in
the U.K. closed for a public holiday.
Banca
Popolare dell’Emilia Romagna SC shares increased 8.9%.
Atos shares
climbed 5.9% after the company reported to acquire rival Bull for about 620
million euros.
Indexes on
the close:
Name Price Change Change %
FTSE
100 closed
DAX 9,892.82 +124.81 +1.28%
The stock
indices traded higher due to European parliament elections results. Italy’s
Prime Minister Matteo Renzi’s party election victory boosted European stock
markets. Renzi’s Democratic Party scored a massive 40% of the vote.
The
European Central Bank President Mario Draghi signalled at the conference in
Sintra that the ECB will take action in June if the inflation should weaken.
German consumer
confidence published by Gfk remained unchanged at 8.5 in June, meeting analysts’
expectations.
Markets in
the U.K. closed for a public holiday.
Banca
Popolare dell’Emilia Romagna SC shares increased 6.9%.
Atos shares
climbed 4.6% after the company reported to acquire rival Bull for about 620
million euros.
Current
figures:
Name Price Change Change %
FTSE
100 closed
DAX 9,859.39 +91.38 +0.94%
CAC 40 4,509.66 +16.51 +0.37%
Most Asian
stock indices surged due to the positive U.S. housing data, following the U.S. indices.
The U.S. new home sales increased 6.4% in April to a seasonally adjusted annual
rate of 433,000 units. March's figure was revised up to 407,000 from 384,000.
Analysts had expected a gain to 425,000.
The
Japanese index Nikkei 225 has benefited from the weak yen.
Indexes on
the close:
Nikkei
225 14,602.52 +140.35 +0.97%
Hang
Seng 22,963.18 -2.68 -0.01%
Shanghai
Composite 2,041.48 +6.91 +0.34%
Dainippon
Sumitomo Pharma Co. slid 21% after the company suspended its study on an experimental
drug for colorectal cancer.
Nikkei 14,462.17 +124.38 +0.87%
Hang Seng 22,965.86 +12.10 +0.05%
Shanghai Composite 2,034.57 +13.28 +0.66%
S&P 1,900.53 +8.04 +0.42%
NASDAQ 4,185.81 +31.47 +0.76%
Dow 16,606.27 +63.19 +0.38%
FTSE 1,369.17 +2.88 +0.21%
CAC 4,493.15 +14.94 +0.33%
DAX 9,768.01 +47.10 +0.48%