03:10
+7 C°
Traffic jam:   0
$
74.1373
89.5060

Indices of Western Europe are on the rise

23 November 2020
1743
2 min.
7
Indices of Western Europe are on the rise

World stock indices

Western European stock indices are rising during trading on Monday in anticipation of a coronavirus vaccine.

The British FTSE 100 rose 0.34%, the German DAX rose 0.8% and the French CAC 40 rose 0.65%. Italian FTSE and Spanish IBEX 35 added 0.91% and 0.78%.

British pharmaceutical company AstraZeneca's COVID-19 vaccine showed an average efficiency of 70% in intermediate tests in the UK and Brazil.

Eurozone service activity fell to 41.3 points this month from 46.9 points a month earlier. This is also the lowest value for six months. The consensus forecast by analysts was 42.5 points.

In Germany, the composite PMI fell to 52 points in November. The Service Activity Index for the current month was 46.2 points. Service activity is falling for the second month in a row, with the rate of decline having been the highest since May. The German Manufacturing Activity Index fell to 57.9 points in November.

In France, the composite PMI fell to 39.9 points in November from 47.5 points. The index in the service sector fell to 38 points compared to 46.5 points in October, the decline being recorded for the third consecutive month. Industrial PMI fell to 49.1 points from 51.3 points a month earlier.

In the UK, the composite PMI fell to 47.4 points. The Service Activity Index was 45.8 points this month. At the same time, Industrial PMI rose to 55.2 points from 53.7 points, down to 50.5 points.

Danone SA shares were down 1.3%. A French food and beverage producer announced plans to cut costs, including staff cuts. Savings will be partially reinvested to ensure growth.

Vodafone Group Plc shares are increasing by 0.6%. The British mobile operator has promised to reach zero emissions by 2040, 10 years earlier than originally planned.

The market value of RWE AG has dropped by 0.1 per cent. The German energy company has agreed to sell its 49% stake in the British wind farm Humber Gateway to Greencoat UK Wind PLC for £648 million ($860.7 million).

Aviva Plc's capitalisation increases by 2%. The British insurance company has announced the sale of its Italian joint venture Aviva Vita SpA to the banking group UBI Banca for 400 million euros.

Companies7 in the news

UBI Banca
1 place
Aviva
2 place
RWE AG
3 place
Vodafone
4 place
Danone S.A.
5 place
AstraZeneca
7 place
Section:

Discussion

Rating companies
Tesla
56 Mention
Apple
55 Mention
Amazon
52 Mention
Nasdaq
51 Mention
Dow Jones
43 Mention
Facebook
43 Mention
Microsoft
31 Mention

NEW YORK NEWS

News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director