European stock indexes rose on Tuesday the second day in a row, the rise amounted to 1-1,4%, reported Bloomberg. Stock Quotes retailers increased information on improving consumer confidence in the United States.
U.S. consumer confidence index to economy of the country, calculated research organization Conference Board, rose in May to 54.9 points - the highest level since September last year - compared with a 40.8 point a month earlier. Jump of the indicator was a record in April 2003. Analysts had expected an increase to 42.6 index points.
“This is a significant change in the level of consumer confidence, said Omer Bhatti from WorldSpreads Group Plc in London. “The market went up significantly more than could be expected at this news. The question is, is a long-term trend or not,” - he said.
Podyndeks Stoxx 600, the calculation which includes shares of European retailers, rose as a result of trades on 1.8%.
Shares Tesco, the UK's largest retail trade went up by 3.5%, Dutch Ahold - by 2,2%.
The value of securities
United Internet jumped to 11% on reports that the company has agreed to purchase a digital Internet lines Freenet for 123 million euros, which will increase the number of its customers for 700 thousand
price of securities Danone declined to close the market at 5.1% after the company announced its intention to place the shares at 3 billion euros. According to Danone Chief Financial Officer Pierre-Andre Terissa, this placement will be for the company's first for 22 years.
Shares
Porsche cheaper at 4.9%. German automakers, which seeks to integrate with Volkswagen, to lose 17.3 billion euros of its profits as the holder of the option shares at Volkswagen, as it can not find the funds for its execution, analysts said a number of Investment.
11 of the 18 stock indices of countries in Western Europe have grown on Tuesday.