European stocks rally on Monday

Note: This section contains information in English only.
Source: Marketwatch
European shares advanced sharply on Monday as data showed manufacturing in US accelerated in March. Stoxx Europe 600 index climbed 1.5%, French CAC 40 index added 1.1% and German DAX jumped 1.6%. UK FTSE 100 index rallied 1.9%. Athens General index broke the positive trend and shed 2.1% driven by local banks. 
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Tue, 03 Apr 2012 07:02:38 GMT

US manufacturing activity grew in March

US manufacturing PMI expanded more than expected last month, indicating growth for the 32th month in line. The PMI measured by the Institute for Supply Management jumped by 1.0 point attaining 53.4 last month as compared to a February figure of 52.4. Experts had predicted the manufacturing PMI in the US to expand by 0.6 points to 53.0.

Tue, 03 Apr 2012 06:15:21 GMT

Swiss retail sales slowed in February

Switzerland's retail sales growth decelerated in February, said Federal Statistical Office on Monday. The growth of Swiss retail turnover slowed rapidly from annual 4.7% in January to 0.8% in February. Sales in nominal terms shed 2.2% on year-on-year basis. Eliminating gasoline, the retail industry posted a yearly advance in real turnover of 0.4%. Food, tobacco and drinks added 0.3% while non food sector

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