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The stock indices increased, still supported by European Central Bank President Mario Draghi's comments last week. Draghi said that the ECB could add new stimulus measures in June to tackle low inflation.
But later stock markets lost a part of its gains due to the weaker-than-expected economic data from the Eurozone and Germany. The ZEW Centre for Economic Research released the economic sentiment figures for May. German economic sentiment slid to 33.1 in May from 43.2 in April. Analysts had expected 41.3.
Eurozone’s economic sentiment declined to 55.2 in May from 61.2 in April. Analysts had forecasted 63.5.
ThyssenKrupp AG shares climbed 5.5% after the company raised its full-year earnings forecast.
Airbus Group shares increased 5.8% after reporting the narrower-than-expected loss for the first quarter.
Name Price Change Change %
FTSE 100 6,858.43 +6.68 +0.10%
DAX 9,764.07 +61.61 +0.63%
CAC 40 4,503.54 +9.89 +0.22%
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