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European stocks fall on weaker German confidence LONDON: Europe's stock markets dropped on Friday as a fall in German business confidence offset positive British growth data, while traders reacted to a huge tie-up of the continent's pay-TV sector.In Paris, the CAC 40 shed 1.82 percent to 4,330.55 points after poor company results following three consecutive days of gain.Frankfurt's DAX 30 index lost 1.53 percent to 9,644.01 compared with Thursday's close.London's benchmark FTSE 100 index dipped 0.44 percent to stand at 6,791.55 points at the closing bell, with investors shrugging off the British output data that were in line with analysts' expectations. The dip in the markets coincided with a rise in bond prices, with investors spooked over relatively low German confidence data. Wall Street opened on a weak note off the back of poor company results, in turn dragging European stocks down.The crises in Ukraine and the Middle East are eroding business confidence in Germany, a key ...

European stocks end down LONDON: European stock markets closed down on Friday, with Frankfurt's main DAX index falling 1.53 percent to 9,644.01 points.London's benchmark FTSE 100 index slipped 0.44 percent to 6,791.55 points, while in Paris the CAC 40 dropped 1.82 percent at 4,330.55.Copyright AFP (Agence France-Presse), 2014 ...
Shares in Hungary's MOL slip ahead of talks with Croatia BUDAPEST: Hungarian oil group MOL shares eased on Friday ahead of its talks with the Croatian government that media reports said may include a possible Croatian offer to buy back MOL's stake in sector peer INA .Stocks remain under pressure in Central Europe's troubled oil and gas sector where low refining and extraction margins and stagnating demand is likely to weigh on second-quarter earnings."I will sweat if I need to recommend something for buying in ...
Sanctions and escalation fears weigh on Russia LONDON: Russian shares opened lower on Friday, depressed by the threat of deeper economic sanctions in retaliation for Moscow's role in Ukraine while broader emerging equities stayed just off 17-month highs hit earlier this week. Moscow's dollar-denominated RTS share index and its rouble-traded equivalent the MICEX were both around 1 percent lower as European Union governments mulled what steps they will take.The market is down 2 percent this week and looks set to extend last ...
Banks outpace flat UK FTSE after RBS's bumper results LONDON: British lenders who focus on the domestic market outpaced a flat FTSE 100 index on Friday after strong results from Royal Bank of Scotland and solid economic output data. Shares in RBS surged 13.9 percent, on track for their biggest rise in four years, after the bank posted a surprise pretax profit for the second quarter, citing an economic upturn that allowed it to write back losses that had been booked on bad loans. ...
European stock markets fall at open LONDON: Europe's main stock markets dropped at the start of trading on Friday, with London's benchmark FTSE 100 index down 0.32 percent to 6,799.54 points.Frankfurt's DAX 30 lost 0.24 percent to 9,770.24 points and in Paris the CAC 40 index shed 0.45 percent to 4,390.85 compared with Thursday's close.Copyright AFP (Agence France-Presse), 2014 ...
European stocks rise on firm data, as EU eyes sanctions LONDON: European stock markets rose on Thursday and the euro recovered from a fresh eight-month low against the dollar following positive regional data.Traders said that markets had already priced in looming European Union sanctions against Russia, while shares were helped also by robust Chinese manufacturing data.London's benchmark FTSE 100 index edged up 0.09 percent to stand at 6,804.25 points around midday, while in Paris the CAC 40 jumped 0.72 percent to 4,407.78 with analysts saying ...


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