Europe Stocks Trim Weekly Gains on U.K. PMI Data

The video provides an overview of the day's market action, focusing on the stock 600's performance, which ended nearly unchanged. It highlights the gains in telecoms and losses in commodity producers. The Eurozone's PMI data showed a decline but remained in expansionary territory, while the UK's PMI hit a post-Brexit low, affecting the Footsie 100. Vodafone emerged as a significant gainer, with sales growth in Germany and Italy. The video concludes with a discussion on the sterling's decline following the PMI data.

Which industry group led the gains in the stock 600?

• Financial services

• Manufacturing

• Telecoms

• Commodity producers

What was the state of the eurozone's flash PMI?

• It showed significant growth

• It slipped but stayed in expansionary territory

• It remained unchanged

• It fell into contraction

What was a possible reason for the Footsie 100's rise despite the UK PMI hitting a seven-year low?

• Increase in domestic demand

• Prospect of more stimulus from the Bank of England

• Decrease in global oil prices

• Improvement in the housing market

Which company was highlighted as a major gainer on both the stock 600 and the Footsie 100?

• Unilever

• Barclays

• Vodafone

• BP

What happened to sterling after the PMI data was released?

• It surged to a new high

• It slid down

• It remained stable

• It rose significantly