European stocks close mixed on data, Jerusalem move

Thursday, 07. December 2017 17:37

European stock markets finished the Thursday trading session on a mixed note with investors focused on a fresh set of data released earlier today. Eurozone GDP figures, as well as UK's annual housing price growth and German industrial output numbers, were all released today. Meanwhile, traders are still absorbing the impact of United States President Donald Trump's decision to recognize Jerusalem as Israeli capital and move the US embassy to the city.

The FTSE 100 finished 0.25% lower, with Babcock International as the worst performer. German DAX gained 0.37% at the closing bell, led by ProSiebenSat media company. Meanwhile, in France, the CAC 40 added 0.20% to finish the trading session in the green, with Credit Agricole as the best performer.

The euro was virtually unchanged against the dollar, selling for 1.1796 at 5:34 pm CET. Meanwhile, the pound gained 0.30% versus the greenback to go for 1.3424 at 5:35 pm CET.

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Breaking the News / FH