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19.02.2013 11:15

European stock indices rising

Growth responded major stock indexes in Europe on positive data on the index business sentiment from the institute ZEW. Both Germany and the Eurozone as a whole is significantly higher than analysts' forecasts (Germany 48.2 in February, the forecast 35.3, 42.4 euro zone, the forecast 35.5 points).

However, data from the Bureau of Eurostat, showed a decline in construction in December, accelerating the pace compared to the previous month.

According to the data, annualized construction output decreased by 4.8% after falling 4.7% in November and 3.3% in October.

FTSE 100 6,342.28 +24.09 +0.38%

DAX 7,691.23 +62.50 +0.82%

CAC 3,702.66 +36.09 +0.97%

Paper Danone SA added 4.7% to the cost. World's largest dairy proischvoditel announced plans to cut about 900 jobs in Europe in the next two years to cope with the "sharp deterioration in the general consumer demand" in the region and to support a gradual increase in sales in 2013.

Stock quotes Nobel Biocare Holding AG, a global manufacturer of dental equipment, fell in price by 3.3%.

Nobel Biocare's net profit in the fourth quarter of last year fell to 11.2 million euros from 13.3 million euros a year earlier, but exceeded the average forecast of experts at 9.5 million euros. In the company's announcement marked the expectations preservation difficult operating conditions in the short term.


19.02.2013 12:45

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Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
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