European markets were slightly higher to trade in the green, but the disappointing trade data from Germany had a negative impact on investor sentiment thus keeping these gains limited.
German exports declined the most in nearly two years in June and imports logged the biggest contraction since 2009, lifting the trade surplus to a higher level.
Moreover, Imports fell for the first time in four months, recording the sharpest contraction since January 2009. Both exports and imports were expected to gain 0.2 percent each in June.
Meanwhile, the French trade deficit widened in June, data from the customs office showed Tuesday. The trade shortfall increased to EUR 4.66 billion from EUR 4.43 billion in May. The deficit was forecast to widen to EUR 5.05 billion.
Equities in the FTSE 100 traded higher during today’s trading session witnessing the majority of their gains in the later parts of the session, supported by the gains in Energy, Healthcare and Financials sectors, where the FTSE 100 settled higher at 7,542.73 gaining 10.79 points.
The session’s gainers significantly outnumbered the losers by 26, with 62 gainers and 36 losers and three flat shares.
The best performers of the session on the FTSE 100 were, Taylor Wimpey PLC gaining by 1.93 percent, Worldpay Group PLC adding 7 points and Kingfisher PLC rising by 1.31 percent.
The worst performers of the session on the FTSE 100 were, Paddy Power Betfair PLC falling by 4.11 percent, InterContinental Hotels Group PLC losing 176 points and Provident Financial PLC shading 1.69 percent.
Shares in the DAX ended in the green supported by the high gains in the Utilities sector, where the DAX gained 0.28 percent or 34.88 points settling at 12,292.05.
The gainers significantly outnumbered the losers in today’s trading session, with 20 gainers, nine losers, and one flat share.
The best performers of the session on the DAX 30 were, RWE AG gaining 1.83 percent, E.ON SE adding 1.69 points and Deutsche Post AG rising by 1.29 percent.
The worst performers of the session on the DAX 30 were, Heidelbergcement AG losing 1.45 percent, Commerzbank AG falling by 0.64 points and Linde AG ending lower at 160.55.
CAC 40 settled higher at 5,218.89 adding 0.21 percent supported by the gains in Financials sector during today’s up-trending session.
At the session’s end, the 24 gainers outnumbered the 15 losers with one flat share.
The best performers of the session on the CAC 40 were, Credit Agricole SA gaining 2.79 percent, Schneider Electric SE adding 1.06 points and Compagnie Generale des Etablissements Michelin SCA rising by 1.11 percent.
The worst performers of the session on the CAC 40 were, Sodexo SA falling by 0.91 percent, Societe Generale SA losing 0.315 points and Danone SA ending lower at 67.20.
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