European market finishes mixing on Thursday

Major European stocks market After moving in a fairly narrow trading range on Thursday, it finally ended on the other side of the unmodified line.

While the German and French stock markets have risen almost throughout the session, London’s FTSE spent most of the day in the negative territory prior to major monetary policy updates from the Indian Bank, eventually It ended in the red.

The Bank of England maintained its interest rate and quantitative easing program, but suggested modest tightening of monetary policy in response to improved monetary easing. Economy..

The central bank also held existing shares in corporate bond purchases at £ 20 billion and government bond purchases at £ 875 billion, bringing the total amount of quantitative easing to £ 895 billion.

On the day, Germany’s DAX rose 52.54 points (0.33%) to close at 15,755.67, France’s CAC 40 rose 34.96 points (0.52%) to close at 6,781.19, and FTSE rose 3.43 points (0.05%). It ended at 7,120.43.

In Germany, Bayer plunged 7.60 percent, March soared 6.83 percent, Adidas plunged 6.02 percent, Siemens soared 2.60 percent, Infineon Technologies soared 1.78 percent, Deutsche Telekom soared 1.26 percent, and Dimler soared 0.70. The percentage fell, the German post rose 0.12 percent, and Deutsche Telekom rose. 0.09 percent.

In London, Rolls-Royce soared 5.87%, Royal Dutch Shell soared 1.45%, Antophagusta fell 1.44%, Associated British Foods soared 1.38%, British American Tobacco fell 0.84%, and Experian It fell 0.74 percent, Tesco fell 0.64 percent, and Vodafone rose 0.46. Percent, Prudential fell 0.18 percent and BAE Systems rose 0.07 percent.

In France, Accor is 2.63%, Airbus is 1.92%, Engie is 0.90%, BNP Paribas is 0.77%, Sanofi is 0.73%, Vivendi is 0.49%, Crédit Agricole is 0.30%, Societe Generale is 0.26% and Orange is 0.07%. It has risen. Percentages and Carrefour increased by 0.06%.

In economic news, France’s industrial production recovered in June, the Bureau of Statistics said Thursday, up 0.5% from May, when production fell 0.4%. Economists predicted that production would increase by 0.6%. Manufacturing output rose 0.9%, offsetting a 0.6% decline in May.

The recovery in UK construction output also lost momentum in July, slowing growth in all three major categories, IHS Markit reported. The sector continues to expand, but the latest measurements show the slowest overall increase in construction production since February.

Finally, the Czech central bank raised key interest rates in two consecutive weeks of policy sessions, raising its two-week repo rate by 25 basis points to 0.75%. This is as expected. The Lombard rate has been raised by 50 basis points to 1.75%, but the discount rate remains unchanged at 0.05%.

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European market finishes mixing on Thursday

Source link European market finishes mixing on Thursday

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