European markets close mixed after data

Wednesday, 21. February 2018 17:37

Major stock markets in Europe closed mixed on Wednesday, following economic data reports released across the continent. The employment rate in the United Kingdom was 75.2%, which was 0.6% higher than the previous year. Meanwhile, private sector in Germany showed maintained strong growth despite slowing to a three-month low in February. On the Eurozone front, business activity continued to rise in February. Speaking about Brexit, Bank of England Governor Mark Carney told lawmakers markets have started to count on a faster pace of interest rate increases, in line with macroeconomic data.

The FTSE 100 gained 0.48% after the opening bell. Glencore led the winnings, rising 5.70% on news concerning revenue in 2017 increasing 34% year over year to $205.4 billion.

The DAX was 0.14% lower at the close, with RWE decreasing 2.19% at the end of the day.

The CAC 40 ended the session 0.23% in the green, with Accor soaring 4.18%, following reports on net profit rise in 2017.

The euro decreased 0.23% against the US dollar to go for 1.2308 at 5:43 pm CET.

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Breaking the News / BM