Following the example of the USA and Asia, European stock exchanges have also opened with a plus. This has been caused by good reports of the companies. After a while, FTSEurofirst 300 index has gained 0.21 percent and amounted to 1055.88 points.
Popular British index FTSE 100 has gained 0.05 percent, having reached 5688.84 points, German index DAX has risen to 6703.20 points, which shows the rise by 0.28 percent, CAC-40 (France) has risen by 0.34 percent, thus amounting to 3246.38 points.
Investors’ plans may be spoilt by Finnish company Nokia. On Thursday it has been informed about weak sales of Lumia smart phones during the second quarter.
has made predictions about FTSE 100 index. Despite the fact that yesterday was characterized by deep correction, almost at the critical point, uptrend proved to be rather strong. Technically, the situation may be represented by zigzag with finished wave с; however, it is highly unlikely that the high of wave а 5727 remains untouched. On this basis, wave c is questionable, and uptrend is expected to continue after a small consolidation.
