Doubts about European stock exchanges in a session marked by the results of the company



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Doubts at European stock exchanges in a session marked by the results of the company

European stock markets were plunged Thursday amidst a band and
relaxes, when generating strong commercial results price oscillations
in advertising, technology and the actions of the industry.

With the publication season of the benefits that accrue, the index
Paneuropean STOXX 600 wavered at the peak of a month reached in the session
previous, with investors focused on the company's results

The largest technology provider in Europe, the SAP software company, was
the most penalized index value, down 2.1 percent in the German DAX
after the second quarter results showed a growth of
licenses lower than expected.

He also highlighted the collapse of the French advertising agency Publicis,
with its shares down 8.7 percent after an unexpected decline in
second quarter sales due to poor performance of his business
health communications in the United States. To weigh
its British competitor WPP with a drop of 2.7%.

Another disappointment came from the giant real estate Anglo-Dutch
Consumption of Unilever, whose shares fall 0.4% after
Second quarter sales did not meet expectations.

Among those who download after the publication of their results, the French company
the telecommunications company Iliad got 8.2% of the news
had reached one million subscribers and extended its offer of
cost

Good results stimulated industrial actions. The Swiss company of
ABB engineer increase by 5.1 percent after his earnings the second
quarter will exceed estimates, while the
SKF industrial machinery also grew by 3.6%.
The results led locksmith Dormakaba to go down 12 per
hundred to stand at the tail of the STOXX.

The bank's shares were the mainstay of the index, thanks to the
The Swedish entity Nordea and the Spanish company Sabadell get up after the results

Reuters

Published on Thursday, July 19, 2018

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