Europe Stocks End Mixed on U.S. Jobs Data
European markets ended mixed following an ugly U.S. jobs update. In London, the FTSE 100 index gained 58.30 points, or 1.15%, to 5,129.50, even though the U.K.'s CIPS construction index fell to 52.5 in October, from 54.2 in September. The Paris CAC 40 index finished up 2.46 points, or 0.06%, to 4,350.68, following data that French PMI to 42.0 in October, from 45.5 in September. In Germany, the DAX index lost 52.82 points, or 1.14%, to 4,583.31, amid profit taking as German PMI fell to 42.0 in October from 45.1 in September.
Canada's benchmark TSE 300 rose 39.90 points to 7024.70. News that the Canadian October employment was not as dismal as originally anticipated provided some support. The jobless rate rose 7.3% in October from 7.2% in September, and a total of 1,800 new jobs were created in October. Half of the indexes rose, led by the gold sector and transportation issues. Among the losers were real estate and consumer products shares.
Asia markets finished higher. Japan's Nikkei added 36.50 points or 0.35%, to 10,383.78. In Hong Kong, the Hang Seng index jumped 27.21 points, or 0.27%, to 10,186.06.