European markets showed mixed results also. CAC fell 1.17%, DAX rose 0.44%, FTSE slid 0.13%.
After 3-days dropping european stocks advanced, trimming the biggest weekly decline in two months, as euro-area consumer confidence and U.K. economic growth exceeded forecasts.
European Central Bank official said the euro area’s improving economy has removed the need to cut interest rates further. The equity benchmark has still lost 0.5% this week, the most since June 21, amid speculation the Federal Reserve will start paring its bond-buying program as soon as next month.
Euro-area consumer sentiment rose to the highest level in two years in August, European Commission data showed today. The index of household confidence increased to minus 15.6 from minus 17.4 in July. The median forecast of economists had called for minus 16.5.
U.K. gross domestic product increased 0.7% in the second quarter from the previous period, when it rose 0.3%, the Office for National Statistics said in London. That compared with an initial estimate of 0.6%.
A gauge of mining companies was among the best performers in the 19 industry groups in the Stoxx 600. Glencore rose 1% and Rio Tinto, the world’s second-biggest mining company, added 0.8%. Anglo American Plc advanced 1.3%.
FLSmidth & Co. A/S rallied the most in more than 2 1/2 years as the maker of cement production lines announced job cuts. Croda International Plc rose 4.3% as Deutsche Bank AG upgraded the maker of cosmetics ingredients.
National benchmark indexes declined in every western-European market, except Greece and Iceland.
Deutsche Wohnen AG (DWNI) slipped 4.7% after it offered to buy GSW Immobilien AG in an all-share transaction that would create the second-largest owner of German homes. GSW jumped 6.3%.
Lindt gained 2.2%. The chocolate maker raised its profitability forecast after reporting first-half earnings that beat estimates as improving economic growth boosted consumption.
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