Europe
Friday, 24 May 2013 21:01
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LONDON: European stock markets slid modestly on Friday, following sharp losses suffered the previous day, failing to score gains despite positive data from Germany and the US.London's FTSE 100 index of leading shares shed 0.63 percent to 6,654.34 points, while in Frankfurt the DAX 30 index fell 0.56 percent to 8,305.32 points and in Paris the CAC 40 slid 0.26 percent to 3,956.79 points.The Madrid market dropped 0.95 percent and Milan shed 0.65 percent.After the drama of Thursday's sell-off, trading was much calmer as investors weighed up whether the fall was the first phase of a much deeper correction still to come, said Matt Basi, head of UK sales trading at CMC Markets."Much stronger than expected measures on the German IFO business survey weren't enough to inspire a return to 'buy the dip mode' in Europe this morning as bulls took a more cautious approach, with speculation over an end ...
LONDON: European stock markets slid modestly on Friday, following sharp losses suffered the previous day, failing to score gains despite positive German and US economic data.London's benchmark FTSE 100 index fell 0.60 percent to stand at 6,6656.51 points in afternoon deals, Frankfurt's DAX 30 shed 0.76 percent to 8,288.78 points and in Paris the CAC 40 slipped 0.07 percent to 3,964.52.The Madrid market dropped 1.30 percent and Milan shed 0.70 percent."After the drama of yesterday's ...
LONDON: European stock markets rebounded modestly at the start of trading on Friday following sharp losses suffered the previous day.London's benchmark FTSE 100 index rose 0.23 percent to 6,712.15 points, Frankfurt's DAX 30 gained 0.46 percent to 8,390.16 points and in Paris the CAC 40 climbed 0.36 percent to 3,981.27.European stock markets had slumped on Thursday, with most indices dropping more than 2.0 percent after Tokyo shares plunged owing to weak Chinese data and signs ...
LONDON: Britain's blue chip share index closed within sight of its all-time high on Tuesday, lifted by mining stocks and positive corporate news from luxury retailer Burberry among others.The FTSE 100 index ended up 48.24 points, or 0.7 percent, at 6,803.87, its highest finish since its record close of 6,950.60 in late 1999."There is nothing to suggest that we can't keep going higher. We have broken through previous highs and it can be sustained if ...
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