ROME: Europe’s main stock markets diverged Wednesday as investors reacted to mixed corporate news and awaited the next moves concerning Greece.
London’s benchmark FTSE 100 index ended the day down 0.49% to 7,028.24 points, while the CAC 40 in Paris finished 0.36% higher at 5,211.09 points.
Frankfurt’s DAX 30 index fell 0.60% to 11,867.37 points despite the German government raising its 2015 growth forecast to 1.8%.
Milan added 0.32% while Madrid shed 0.20%.
The Euro slid to $1.0728, compared with $1.0735 late in New York on Tuesday.
“Investor sentiment was dampened by the overhanging concerns regarding Greece’s debt crisis as officials on both sides struggle to make meaningful progress,” said analyst Kash Kamal at Sucden Financial Research.
