European stock exchanges fell within 0.56%
European stock exchanges closed on Wednesday with a decline. Index (Germany) lost 0.56%, FTSE 100 (UK) - 0.11%, CAC 40 (France) - 0.36%. Despite the growth at the beginning of the day backed by the corporate news, trading ended in the red zone. The corporate reporting season continues as a number of major players released their financial results on Wednesday. Net Societe Generale's profits fell 28% to €470 million in the last quarter of last year. Nevertheless, its securities were up 0.6%. Germany's leading steelmaker ThyssenKrupp AG, Germany's leading steelmaker, voiced positive expectations for its sales - it expects them to increase by 7 to 9% this fiscal year. Following that statement, the company's shares gained 6%. Moeller-Maersk reported $1.3 billion in net profit, but it fell short of analysts' expectations, having forecast $1.39 billion. showed a decline of 8% on Wednesday.