European stock markets closed for the eighth consecutive trading day 22nd

Source: Internet
Author: User
Keywords European equities financials TomTom trading day closed
European stock markets closed for the eighth consecutive trading day 22nd, TomTom and Norsk Hydro rose.  London's FTSE 100 index rose 0.3%, Germany's DAX index rose 0.5%, and France's CAC-40 index rose 0.1%.  Comprehensive foreign reports July 22, the European stock market in Wednesday, the eighth consecutive trading day closed higher, but the rise in the process of increasing pressure, TomTom and Norsk Hydro and other rising stocks on the market's role is largely offset by the decline of mining and financial stocks. The Dow Jones European Stoxx 600 closed up 0.3% to 215.65, a year-high record.  London's FTSE 100 index rose 0.3% to 4,493.73; Germany's DAX index closed at 0.5%, closing at 5,121 56; France's CAC-40 index rose 0.1%, closing at 3,305.07. The performance reports of listed companies provide a momentum for the stock market.  TomTom Rose 12.1%, although profits slipped, but better than analysts expected. Paribas Edmund Shing, a stock strategist at BNP Paribas, said the gains in the past few trading days had largely benefited from Better-than-expected second-quarter results, particularly for U.S.-listed companies.  The big question, he argues, is whether the market is overly optimistic about the rebound in economic growth in 2010 and the expected performance of listed companies.  Financial stocks fell, with Allianz Insurers (ALLIANZ) down 1.3%. In the mining sector, BHP Billiton (Billiton) fell 1.8% per cent, reducing its iron ore production by 10% per cent in the fourth quarter of June, with annual output lower than previously expected.
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