Stock indexes turned higher
On Monday, May 12 stocks of major European countries rose. It is reported by Bloomberg.
British Stock Exchange Index (FTSE 100) rose by 0.55%;
French Stock Index (CAC 40 ) increased by 0.37%;
German stock index (DAX) was higher by 1.26%;
Italy's stock index (FTSE MIB) was higher by 0.48%;
Spain's key stock index (IBEX) rose 0.76%;
European stocks turned broadly higher on Monday, as European Central Bank President Mario Draghi's comments. ECB President said last week that the bank is "comfortable" with acting to shore up growth and stop inflation from falling too low at its next meeting in June.
But investors remained cautious after pro-Russian separatists claimed victory in a weekend referendum on self-rule in eastern Ukraine, fuelling fears that the country is sliding closer to civil war. The vote has been condemned by Ukraine’s government and the West.
