European markets edged lower in the region but market indexes in Germany and France closed higher. German export in April rose 14% and imports increased 11.7% in month as the robust demand from the Middle East and rising crude oil prices. Among the DAX 30 index stocks, Volkswagen led the gainers with a rise of 2.6% and MAN led the decliners with a fall of 4% on a downgrade from a broker. |