Amid weak quarterly reports released by some European companies, European stock indices are trading in the negative zone today.
The current market situation looks as follows:
· FTSE 100: - 0,10 % down to 6445,09.
· CAC 40: - 0,09 % down to 3853,13.
· SMI: - 0,27 % down to 7884,87.
· DAX: - 0,19 % down to 7928,36.
Most stocks are trading in the red one as well due to worse-than-expected reports. In particular, the stock of Sanofi, a major French pharmaceutical company, is down by 2%. At the same time, Statoil, a major Norwegian oil-and-gas firm, can see its stock depreciating by 3,5%.
The chart below, courtesy of , reflects the current state of affairs in the market of FTSE 100:
