Friday, January 2, 2015

Europe bags begin the year with mixed – The Economist

Europe bags begin the year with mixed – The Economist

The main European stock markets began the first session of the year with mixed results after comments from ECB President on the stimulus to the economy in the euro area.

European shares closed with slight losses on Friday in the first session of the new year, although markets of southern Africa rose to flare up expectations that the European Central Bank to do more to strengthen economy euro area.

In an interview with a German newspaper, ECB President Mario Draghi reiterated that the bank is ready to take further measures, including the purchase of sovereign bonds, to provide more incentives for economy.

The IBEX stock index rose 0.53% in Madrid and closed at 10,350.80 points, the Italian FTSE MIB gained 0.62% to 19,130.26 points.

The ATG referential bag Athens rose 1.22% to 836.24 points.

The German Stock Exchange closed at 9764.73 with a loss of 0.42% and the stock Belgium lost 0.11% to 3281.61 points.

The CAC40 of Bag Paris closed at 4252.29 points with a loss of 0.48% and the stock Portugal grew 1.17% to 4855.04 points.

Instead, the pan-European FTSEurofirst 300 index closed unofficially with a decrease of 0.40% to 1363.00 points, driven by declines in the stock Frankfurt, Paris and London.

information from Reuters

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