European shares are mixed after Paris attack

European shares are mixed after Paris attack

On Friday, European stocks demonstrated a mixed start, as market participants remained cautious after a recent terrorist attack in Paris and ahead of a string of euro zone data, not to mention Sunday’s highly anticipated first round in the French presidential election.

The EURO STOXX 50 sank 0.19%, Germany’s DAX 30 soared 0.09% and France’s CAC 40 lost 0.37%.

In Paris a French policeman was murdered and two others suffered injuries on Thursday night in an attack reportedly carried out by the Islamic State militant group.

Traders were monitoring the first round of the French presidential election due on Sunday. Recent surveys have predicted the most likely outcome to be far-right candidate Marine Le Pen against centrist Emmanuel Macron.

By the way, earlier on Friday, research group Markit told that Germany’s flash manufacturing purchasing managers’ index edged down to 58.2 in April from 58.3 last month, thus beating hopes for a drop to 58.0.

In London, the FTSE 100 jumped 0.09%, underpinned by steep profits in the mining sector.

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S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.

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