European Markets Move Up
European shares moved modestly higher Wednesday in line with global markets.
The FTSE inched ahead 0.2%. The CAC 40 Paris was up 0.5% while the German DAX gained 0.7%.
Earlier Wednesday, data showed Germany's consumer climate remained unchanged in February with research group Gfk saying its index remained at 8.5, same as in January.
Yesterday, European Central Bank President Mario Draghi and Bundesbank President Jens Weidmann said stimulus from the euro-zone's central bank was not out of the question.
Stocks on the Move
Lloyds Banking Group PLC fell 4.1% after the government said on Tuesday it is selling shares worth 4.2 billion pounds, cutting its stake to 25% from 33%.
Barclays and RBS were down 1% and 1.4% each, respectively.
Over in Paris, retirement homes company Orpea SA was up 3.7% after the company reported results and said it "boasts impressive growth potential."
Deutsche Bank AG edged up 0.2% while Lufthansa gained about a percent.
