Market Overview

European stock markets experienced a predominantly downward trend this Friday, influenced by the latest economic indicators. Germany saw a decrease in inflation rates alongside a rise in unemployment, while France reported a minor increase in inflation. The United Kingdom, Italy, Germany, and Switzerland also released data on house prices, producer prices, and retail sales, respectively, contributing to the day's market movements.

Stock Market Performances

The French CAC 40 index slightly decreased by 0.16%, with LVMH witnessing a significant drop of 1.98%. The Euro Stoxx 50 also saw a decline of 0.13%, largely due to Adidas's 2.04% fall. Conversely, the British FTSE 100 enjoyed a 0.38% increase, propelled by Smiths Group's impressive 11.42% surge. The German DAX, however, fell by 0.13%, with Merck experiencing a 2.9% loss.

Currency Movements

At 5:35 pm CET, the euro and the pound sterling remained stable against the dollar, trading at 1.03977 and 1.24407, respectively.