Saturday, September 7, 2013

Epic Research Singapore : European Market Update

European stock markets moved firmly higher in afternoon action on Friday after data showed 169,000 jobs were added to the U.S. economy in August, missing expectations of a 173,000 rise. The unemployment rate ticked down to 7.3% from 7.4%, but that was because fewer people were looking for work. The Stoxx Europe 600 index climbed 0.4% to 305.83, after trading as low as 303.81 ahead of the data. The U.K.'s FTSE 100 index gained 0.3% to 6,549.40, while France's CAC 40 index added 0.5% to 4,025.77. Germany's DAX 30 index rose 0.2% to 8,251.27.
 
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