LONDON (TheDeal) -- European stock markets were little changed in thin volumes on Thursday due a public holiday in countries including Germany and France. Stock markets also closed across the Nordic and Baltic regions, Switzerland and Austria. U.S. initial weekly jobless claims and producer price data are likely to provide the main focal points of the day.
In London, the FTSE 100 was down 0.11% at 6,942.18. In Frankfurt, the DAX fell 0.03% to 11,347.67, and in Paris, the CAC 40 edged down 0.07% to 4,958.35.
Analysts are expecting a 275,000 weekly U.S. jobless claims, up from 265,000 last week, and will be looking to see whether the producer price index has sustained the 0.2% month-on-month growth of last month in April. The data will follow news of a disappointing stagnation in U.S. retail sales in April from the Commerce Department on Wednesday.
In London, data centers operator Telecity (TLEIY) fell after Digital Realty Trust (DLR - Get Report) quashed speculation it might make an offer for the company. Telecity in March agreed to merge with the Netherlands' Interxion Holding (INXN - Get Report) and earlier this month received a £2.3 billion ($3.5 billion) takeover proposal from Redwood City, Calif.-based Equinix (EQIX - Get Report).
Meanwhile private equity firm 3i (TGOPF) was the lead gainer on the FTSE 100 after announcing it had generated a total return for shareholders of £659 million, or 20%, in the year to the end of March, compared with £478 million, or 16%, the year before.
TalkTalk Telecom (TKTCY) rose sharply after the company upgraded its revenue target for the fiscal year ending 2017 and announced fiscal 2015 results including a 15% increase in headline EBITDA to £245 million, in line with forecasts that analysts had scaled back in February following guidance from the company.
In Milan, insurer Assicurazioni Generali (ARZGY) rose, becoming the leading gainer on the Euro Stoxx 50 index, after posting its best quarterly profit figures for seven years.
In Sydney, mining company Sandfire Resources (SFRRF) closed down 4.9% at A$5.39 after the Australian unit of South Korea's Posco (PKX - Get Report) sold a 15.2% stake in an institutional block trade at a price of A$5.43.
In Hong Kong, the Hang Seng closed up 0.14% at 27,286.55, while mainland Chinese indices were mixed. In Tokyo, the Nikkei 225 closed down 0.98% at 19,570.24 as the yen rose. The Topix closed down 0.79% at 1,591.49.