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European stocks have showed a slight increase

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European stocks have showed a slight increase

European stocks have showed a slight increase
September 06
16:00 2016

On Tuesday the European stock markets have slightly grown with the support of the commodity sector. Nevertheless, the falling papers of the Ingenico Group are putting pressure on the technology sector.

By the mid-day pan-European indexes FTS Euro first 300 and the STOXX 600 have risen by 0.07 percent and 0.1 respectively.

Mike van Dulken, Head of Research at Accendo Markets commented: “Markets just need a little more proof that they really need to get back to the rally … or a sale, and I think that the United States today will be able to help us a bit.” He was referring to the fact that the US markets were ready to get to work again after Labor Day, which was celebrated on Monday.

The shares of the French manufacturer of the Ingenico Group payment terminals have decreased by 13.05 percent, as the company’s target indicators for the year have been worsened because of the “unexpected and significant reduction” in sales in the United States.

Securities of the Dutch producer of the OCI fertilizers have fallen by 7.23 percent. This has happened after the release of the company’s reports for the first half-year.

Papers of the pharmacological Fresenius SE have increased in price by 3.24 per cent against the statement of the German company about the purchase of the largest Spanish chain of private hospitals Quironsalud for 5.76 billion euros.

Shares of the oil manufacturing companies Total and Royal Dutch Shell have risen by 0.47 and 0.21 percent.

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