Markets & Finance

Europe Stocks End Mixed


European stock markets finished mixed on Thursday. London's Financial Times-Stock Exchange 100 index ended higher by 2.2 points, or 0.05%, at 4,493.30, as May retail sales rose more than expected, up 0.8%. Traders were worried after the Bank of England's Mervyn King commented that expectations of interest rates among all the "major industrial countries have risen as the recovery has become more firmly established," reports MarketScope.

In Paris, the CAC 40 added 3.58 points, or 0.1%, to 3,718.08. Germany's DAX index slipped 17.78 points, or 0.44%, to 3,985.46. Schering was higher after UBS Financial rated the stock a buy.

Asian stock markets finished lower. Japan's Nikkei 225 index slipped 33.82 points, or 0.29%, to 11,607.90. In Hong Kong, the Hang Seng index moved lower by 78.92 points, or 0.65%, to finish at 12,082.86.


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