Wednesday, November 18, 2009

Stock markets in Europe closed reduction within 1%.

European stock exchanges closed on Tuesday reduced the major indexes to within 1% with a maximum of more than a year after the values statement of the head of the Federal Reserve System (FRS) Ben Bernanke that before the economy still faces "serious challenges" indicates data exchanges. By the closing of the auctions on Tuesday the British FTSE 100 index lost 0.68% and dropped to a mark of 5,345.93 points. Germanic DAX closed in a minus on 0,45% to reach 5,778.43 points. The French CAC index on the basis of trades fell by 0.88% to 3,829.06 points. Before the U.S. economy still faces "serious difficulties", but its moderate growth to continue in 2010, the Fed chief said at a meeting of the Economic Club of New York on Monday. He said the Fed policy will be aimed at maintaining "strong dollar". FTSE 100 (Financial Times Stock Exchange 100 Index) - the main UK share index, calculated by the quotations of shares 100 British companies with highest market capitalization, weighted by market capitalization. DAX 30 (Deutscher Aktienindex) - Germany's main stock index, calculated as an index of stock returns of the 30 largest companies (by market capitalization). CAC 40 (Cotation Assistee en Continu) - France's main stock index, is calculated as a weighted average capitalization value stock prices 40 largest companies.

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