Europe Shares Mostly Up, Await German Investor Sentiment

By Yomna Yasser On Jun 19, 2012

European shares pushed mostly higher on Tuesday, with resource shares providing support, while food stocks fell. Markets are awaiting the German ZEW index of investor sentiment.

The Stoxx Europe 600 index ( XX:SXXP) +0.45% rose 0.2% to 244.89, with BP PLC (UK:BP) +1.18% BP -1.72% up nearly 1%, while shares of Danone SA (FR:BN) -6.69% fell nearly 6% after the foods company cut its operating margin for 2012.

The FTSE 100 index (UK:UKX) +0.89% rose 0.4% to 5,514.14, helped by gains for resources. The French CAC 40 index (FR:PX1) -0.03% was flat, weighed by Danone.

The German DAX 30 index (DX:DAX) +0.52% rose 0.2% to 6,262.47.

Spain’s IBEX 35 index (XX:IBEX) +1.46% rose 0.2% to 6,535.40, ahead of an auction of short-term government debt.

BP CAC-40 Danone DAX 30 FTSE 100 German ZEW IBEX 35 Money Markets