Markets & Finance

Rising Business Sentiment Boosts German Stocks


Europe markets ended the session mixed. In London, the Financial Times-Stock Exchange 100 index was down 21.60 points, or 0.40%, to 5,408.70. Gains were restrained by a report showing second-quarter GDP growth slowed to 0.3% from 0.5% in the first quarter. In France, the CAC 40 lost 22.73 points, or 0.47%, to 4,812.14. In Germany, the DAX Index gained 4.10 points, or 0.08%, to 5,220.21, following a report showing an unexpected rise in business confidence.

Asia markets closed mixed. Japan's Nikkei 225 index gained 116.05 points, or 1.03%, to close at 11,396.43. In Hong Kong, the Hang Seng index lost 251.78 points, or 2.20%, to close at 11,188.57.

Canada's benchmark TSE 300 spent the day in positive territory and closed up 65.6 points to 7538.6. Of the 14 subindices, 12 closed up, lead by the Industrials and Oils, following the American Petroleum Industry's report of a surprise decline in U.S. crude inventories. Twelve of the TSE 300 index's 14 subindices gained, while two fell.


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