BMW outperforms weak European equity markets
Tuesday, 25 March 2014
LONDON, Mar 24 (Reuters): Weak Chinese economic data weighed on European equity markets on Monday, although German carmaker BMW rose to outperform after it benefited from a broker upgrade.
The pan-European FTSEurofirst 300 index fell 0.2 per cent to 1,304.93 points in early session trading, while the euro zone's blue-chip Euro STOXX 50 index also slipped 0.1 per cent to 3,093.55 points.
However, BMW rose 1.8 per cent after Deutsche Bank raised its rating on the stock to "buy" from "hold".