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European stocks close: most stocks closed slightly higher as concerns over Greece's further bailout policy eased | 05.02.2015

 

Most stock indices traded higher as concerns over Greece's further bailout policy eased. The new Greece government plans to renegotiate the terms of its bailout.

 

 

Earlier, the European Central Bank said that it would not accept Greek government bonds.

 

 

German seasonal adjusted factory orders rose 4.2% in December, exceeding expectations for a 1.4% increase, after a 2.4% drop in November.

 

 

The Bank of England kept its interest rates unchanged at 0.5% and its asset purchase program unchanged at £375 billion. This decision was widely expected.

 

 

Analysts expect that the BoE will start to raise interest rate later in early 2016.

 

 

Indexes on the close:

 

 

Name Price Change Change %

 

 

FTSE 100 6,865.93 5.91 0.09%

 

 

DAX 10,905.41 -5.91 -0.05%

 

 

CAC 40 4,703.3 7.00 0.15%



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