European stock markets closed on Friday in the red zone
On Friday, at the end of
trading stock indexes in Western Europe
fell due to a sharp decline in prices for
shares of media companies and after
reports on industrial production in Germany
and on the labor market in the US. Thus, the composite index
600 Stoxx Europe fell by 0.9%, the British FTSE 100
lost 0.42%, French CAC 40 – 0.72%,
German DAX – 0,81%. For the week,
however, DAX grew by 1.6% (the first rise
three weeks), the FTSE 100 – by 1.4%, while the CAC 40 – at
0.3%. Greek stock market, which
I worked a whole week after five
week break, grew on Friday
1.45%, reducing the fall in a week to 15%.
Most of all “help” Stock Market
Athens Coca-Cola HBC AG, whose shares rose
Friday at 7%.
"Stocks tend to
growth. Taking into account the data on employment in the US
in line with expectations, the rate increase,
likely to happen"- says
Chief investdirektor Aimed Capital in Munich
according to the latest
reports, the volume of industrial production in
Germany fell by 1.4% in June on a monthly
terms, while analysts expected
growth by 0.3%. In France, industrial production
decreased 0.1% in June in monthly and
It increased by 0.6% per annum.
Analysts expected growth rate of 0.2% per month
and 1.4% per annum.
companies, including the British ITV Plc,
German ProSiebenSat.1 Media SE and Italian
Mediaset SpA, fell on Friday by more than
3.4%. Investors fear that the revenues fall
These media groups from advertising because
viewers are moving to the overview
Internet broadcasts. Securities
Italian Telecom Italia fell to 0.9%.
Stocks Nokian Renkaat Oyj fell
1.5% when the company reduced its forecast
profit for the current year. Italian
bank Monte dei Paschi di Siena has grown by 8.7%, unexpectedly
returning to a profitable level
last quarter. shares of the Irish
State Bank Allied Irish Banks Plc
It increased by 3.5% due to the good reports
an increase in profit in the first half –
almost three times. Shares of Anglo American Plc and
Glencore Plc rose by more than 2%.
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