TeleTrade - Analytics


    894.00 6.50/10
    63% of positive reviews

    09.02.2016 11:00 European stock markets mid session: stocks traded mixed after yesterday’s significant drop

    Stock indices traded mixed after yesterday's significant drop. Stocks fell on Monday driven by a decline in shares of the banking sector.

    Meanwhile, the economic data from Eurozone was mixed. Destatis released its industrial production data for Germany on Tuesday. German industrial production fell 1.2% in December, missing expectations for a 0.4% gain, after a 0.1% decline in November.

    The output of capital goods decreased 2.6% in December, energy output declined 3.0%, and the production in the construction sector was down 0.2%, while the production of intermediate goods climbed 0.8%.

    The output of consumer goods fell 1.4%.

    German industrial production excluding energy and construction declined by 1.1% in December.

    Manufacturing turnover rose on seasonally adjusted and on adjusted for working days basis by 1.8% in December, after a 2.1% fall in November.

    Germany's trade surplus decreased to €18.8 billion in December from 20.5 in November. November's figure was revised down from a surplus of €20.6 billion.

    Exports fell 1.6% in December, while imports decreased 1.6%.

    On a yearly basis, German exports increased 3.2% in December, while imports rose by 3.5%.

    Germany's current account surplus was at €25.6 billion in December, up from €24.3 billion in November. November's figure was revised down from a surplus of €24.7 billion.

    In 2015 as whole, the trade surplus climbed to €247.8 billion from €213.6 billion. The latest figure was the highest ever recorded. Exports increased 6.4% in 2015, while imports rose 4.2%.

    Current figures:

    Name Price Change Change %

    FTSE 100 5,706.15 16.79 0.30 %

    DAX 8,990.86 11.50 0.13 %

    CAC 40 4,058.68 -7.63 -0.19 %

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree