TELETRADER News
9/1/2016, 5:54 PM (Source: TeleTrader)
more TeleTrader news

European stocks finish mostly lower

European financial markets traded and finished mostly with losses on Thursday. Investors divided their attention between company performances, oil prices, U.S. jobs report and economic data from China.

In Germany, the DAX index fell 0.55% with notable losses for energy companies E.ON and RWE, and chemical giants Beiersdorf and Bayer. Commerzbank gained 2.22%.

The Parisian CAC 40 index edged up 0.03% with BNP Paribas rising 3.30% and Pernod Ricard adding 2.24% after reporting good sales in China.

In London, the FTSE 100 fell 0.53%. Pharmaceutical and oil companies were the worst performers.

The Italian FTSE MIB lost 0.25% with Fiat Chrysler losing 2.74%, despite reporting 3% higher sales in the U.S.

Spain's Ibex 35 added 0.39%. The pan-European Stoxx 600 finished 0.04% higher.

The euro fell 0.78% against surging British pound, and was 0.17% weaker versus the Swiss franc. The currency gained 0.34% from the U.S. dollar and added 0.11% against the Japanese yen, all at 5:52 p.m. CET.

Baha Breaking News (BBN) / ZR