|FTSE MIB Index||21,210.57||-0.38%||-81.15|
|Euro Stoxx 50||3,579.02||-0.15%||-5.53|
European stocks limped into the weekend, weighed down by an overnight drop in the price of oil and with investors carefully monitoring events ahead of the UK elections.
In all likelihood, the market spotlight next week will be on the poll results in the run-up to the 8 June elections which may stoke heavy volatility in foreign exchange markets.
European stocks are under pressure heading into the end of the week, weighed down by an overnight drop in the price of oil and with investors carefully monitoring events ahead of the UK elections.
European markets ended slightly lower amid thin trading volumes on account of the Ascension holiday in many countries, with investors ignoring gains on Wall Street as they digested the US central bank policy meeting minutes released overnight.
Exane BNP Paribas downgraded shares of BT Group from 'neutral' to 'underperform'.
Analysts at Goldman Sachs boosted their target price for shares of National Grid after rejigging their valuation methods for the company, but said the premium they were trading at was not justified, leading them to reiterate their 'sell' recommendation.
European indices recovered from a weak start to the session following news that ratings agency Moody's had downgraded its view on China's sovereign debt.
European stocks ended the day on a high note on the heels of a slate of positive economic data out of the single currency bloc.
European stocks are holding higher come midday, with a slate of positive economic data out of the single currency bloc.