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20.11.2014 17:02

European stocks close: most stocks closed slightly lower due to the weaker-than-expected economic data from the Eurozone and China

Most stock indices closed slightly lower due to the weaker-than-expected economic data from the Eurozone and China. Eurozone's consumer confidence index declined to -11.6 in November from -11 in October. Analysts had expected the index to remain unchanged at -11.

Eurozone's preliminary manufacturing PMI fell to 50.4 in November from 50.6 in October, missing expectations for a rise to 50.9.

Eurozone's preliminary services PMI declined to 51.3 in November from 52.3 in October. Analysts had expected the index to remain unchanged.

Germany's preliminary manufacturing PMI decreased to 50.0 in November from 51.4 in October, missing forecasts of an increase to 51.5.

Germany's preliminary services PMI fell to 52.1 in November from 54.4 in October, missing expectations for a gain to 54.5.

France's preliminary manufacturing PMI dropped to 47.6 in November from 48.5 in October, missing forecasts of a rise to 48.9.

France's preliminary services PMI climbed to 48.8 in October from 48.3 in October, exceeding expectations for a gain to 48.6.

China's HSBC preliminary manufacturing purchasing managers' index dropped 50.0 in November from 50.4 in October, missing expectations for a decline to 50.2.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,678.9 -17.70 -0.26%

DAX 9,483.97 +11.17 +0.12%

CAC 40 4,234.21 -31.98 -0.75%

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