FX & CFD trading involves significant risk
European stocks fluctuated as retailers climbed on increased revenue while Rio Tinto Group dropped after announcing a $14 billion impairment.
Distressed investors poor statistics, according to which in November production in the construction sector eurozone fell for the third month in a row - a decline of 0.4% -1.6% in October, according to data issued by the agency Eurostat.
With optimism were received Spanish auction results today Spanish Treasury held an auction for the public debt, in which the bonds were sold in the amount of 4.505 billion euros, which is the top of the target range of 3.5-4.5 billion euros. Pee this bond yields declined.
The head of the EU Herman Van Rompuy said Europe should return to growth phase in 2013, which also supported the market.
Carrefour added 5.7 percent to 20.43 euros, the biggest gain since October. The retailer reported a 0.8 percent increase in fourth-quarter sales because of growth in Latin America, and said business continued to improve in France.
Delhaize surged 8.3 percent to 34.59 euros, the largest advance in two months. The company said its U.S. unit had the best quarterly performance since 2006, spurring organic revenue growth of 2.5 percent for the whole company.
Rio Tinto dropped 2.4 percent to 3,375 pence, a one-month low. Albanese is leaving after more than 30 years as the $38 billion cash takeover of Alcan Inc. in 2007 and the A$3.9 billion ($4.1 billion) purchase of Mozambique coal producer Riversdale Mining Ltd. in 2011 soured.
FTSE 100 6,098.36 -5.62 -0.09%
CAC 40 3,724.31 +15.82 +0.43%
DAX 7,671.65 -19.48 -0.25%
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.