European stock markets outlook december 22 2011

Indonesia stock info - European stock markets outlook december 22 2011 ; European stock markets fell Wednesday as debt worries resurfaced after the European Central Bank's first three-year funding operation for the region's banks drew more interest than expected. Losses for software company SAP AG and drug stocks also weighed.

The Stoxx Europe 600 index fell 0.5% to 237.3. It had added as much as 1.3% in the moments after the results of the ECB funding operation were released, but gains quickly eroded amid signs of more need by Europe's banks than was expected.

Looking ahead, the outlook for European stock markets was upbeat. The EURO STOXX 50 futures pointed to a gain of 0.55%, France’s CAC 40 futures added 0.75%, the FTSE 100 futures rose 0.45%, while Germany's DAX futures pointed to an increase of 0.75%.

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