Stock indexes changed both ways
On Tuesday, January 21, the stocks of major European countries changed differently. It is reported by Bloomberg.
British Stock Exchange Index (FTSE 100) fell by 0.04%;
The German stock index (DAX) rose by 0.15%;
French Stock Index (CAC 40) grew by 0.02%;
Spain's key stock index (IBEX) fell by 0.92%;
Italy's stock index (FTSE MIB) increased by 0.11%.
On the one hand, the results of European trading session was multidirectional as data showed that the ZEW index for German economic sentiment ticked lower. On the other hand, investors feel confident after People’s Bank of China injected liquidity into the financial system. In addition, IMF published an updated forecast of global economic growth in 2014. The Fund expect that the rate will be equal to 3.7%, compared with 3.6% projected increase in October 2013. Overall, indexes rose in 10 of 18 countries in Western Europe during yesterday's trading session.
