11am Markets Update

Updated: Wednesday 26 November 2014 11.49

European shares were mostly higher this morning, with Germany's blue chip index climbing for the 10th session in a row as investors continued to bet on more monetary stimulus in the euro zone.

London's FTSE had gained 13 points (0.2%) to stand at 6,744 by 11.30am, after new figures showed that UK economic growth slowed to 0.7% in the third quarter of 2014 from the previous three months. The Paris CAC inched a point (0.03%) higher to 4,384 while the Frankfurt DAX climbed 62 points (0.6%) to 9,923.

But Dublin's ISEQ index was lower this morning, falling by 20 points (0.39%) to stand at 5,017. Shares in index heavyweight CRH were down 0.5% to €18.68, while Kingspan fell 0.8% to €13.16 and Aryzta lost 1.4% to trade at €64.18. The airline stocks were mixed with Ryanair down 0.4% to €8.63 while Aer Lingus rose 1.5% to €1.68.

Earlier in Asian trade, Tokyo's Nikkei index dipped 24 points (0.14%) to finish at 17,384 while the Hang Seng index in Hong Kong gained 268 points (1.1%) to close at 24,111 with traders still broadly upbeat after last week's surprise Chinese interest rate cut.

US stocks ended little changed on Wall Street last night as the US economy grew more than expected last quarter but soft readings on consumer confidence and house prices kept major indexes in a tight range. The Dow Jones  fell three points (0.02%) to close at 17,815, while the S&P 500 lost two points (0.12%) to end at 2,067 and the Nasdaq Composite added three points (0.07%) to finish at 4,758.