Europe Markets End Mixed
European markets finished mixed Tuesday, despite a positive morning on the back of some good corporate earnings reports, including profits at the high-end of forecasts for oil giant BP.
In London, the Financial Times-Stock Exchange 100 ended down 11.8 points, or 0.28%, to 4,137.00. The index was held back by disappointing results from tobacco company BAT, which reported a decline in first-half profits, while British insurer Prudential cut its dividends. British consumer credit grew in June at a record pace, while house price inflation declined for the fourth month.
In France, the CAC 40 finished 22.54 points lower, or 0.71%, to 3,142.39. France Telecom, Alcatel, and Orange traded higher. In Germany, the DAX Index turned up 10.35 points, or 0.30%, to 3,428.12. The company Celanese was higher as its second quarter earnings per share rose more than fourfold.
In Asia, major stock indexes were mixed. Japan's Nikkei index finished down 5.6 points, or 0.06%, to 9,834.31. Meanwhile, Hong Kong's Hang Seng index rose 63.72 points, or 0.63%, to 10,198.60.
Canada's benchmark S&P/TSX dropped 57.19 points, or 0.78%, to 7,227.35.