09292016Thu
Last update: Thu, 29 Sep 2016 01pm

Europe

Markets - Equity - Europe

European stock markets climb at open LONDON: Europe's main stock markets rose at the open Thursday on company updates and as investors assessed the US Federal Reserve's outlook for the economy.London's benchmark FTSE 100 index gained 0.64 percent to 6,673.21 points compared with Wednesday's close.Frankfurt's DAX 30 advanced 0.83 percent to 11,305.46 points and the CAC 40 in Paris climbed 0.63 percent to 5,049.24.Asian stock markets mostly closed higher Thursday, tracking a rally in New York, while the dollar advanced after the Federal Reserve upgraded its outlook on the US economy, traders said.Copyright AFP (Agence France-Presse), 2015 ...

Markets - Equity - Europe

FTSE finishes higher, Hikma and GlaxoSmithKline boost LONDON: Britain's top share index advanced on Wednesday, with Hikma Pharmaceuticals leading the market higher on positive broker comments and GlaxoSmithKline gaining after reporting a lower-than-expected fall in quarterly earnings. Hikma shares were the biggest blue-chip gainers after a target price update from Jefferies, adding 3.7 percent to an 11.6 percent jump on Tuesday, when it announced a deal to buy Boehringer Ingelheim's US generic drugs business Roxane for about $2.65 billion in cash and ...

Markets - Equity - Europe

European stocks close higher PARIS: European equities closed up on Wednesday, with London's FTSE 100 index gaining 1.16 percent to finish at 6,631 points.In the eurozone, the CAC 40 in Paris climbed 0.81 percent to end the day at 5,017.44 points, while Frankfurt's DAX 30 won 0.34 percent to close at 11,211.85 points. Copyright AFP (Agence France-Presse), 2015 ...

Markets - Equity - Europe

Greek stock market to stay shut Wednesday ATHENS: Greece's stock market will not reopen on Wednesday because authorities are still waiting for a ministerial decree to resume trading, a senior official at the country's securities regulator said.The Athens Stock Exchange (ASE) has been shut since June 29 when the government closed its banks and imposed capital controls to prevent them from collapsing in the face of mass withdrawals. The securities regulator's chairman told Reuters on Tuesday that the market could reopen on ...

Markets - Equity - Europe

European shares climb at open LONDON: Europe's main stock markets rose at the open on Wednesday, as traders reacted to a batch of company earnings updates ahead of the Federal Reserve's latest policy statement.London's benchmark FTSE 100 index gained 0.63 percent to 6,596.47 points.Frankfurt's DAX 30 won 0.67 percent to 11,249.30 points and the CAC 40 in Paris advanced 0.58 percent to 5,006.01 compared with Tuesday's close.Copyright AFP (Agence France-Presse), 2015 ...

Markets - Equity - Europe

Britain's FTSE rebounds on deal-making prospects LONDON: Britain's top share index snapped a five-day losing streak on Tuesday, with hopes for corporate deal-making and robust corporate results offsetting market turmoil in China and worries about emerging-market growth. RSA Insurance soared 18 percent on news Zurich Insurance was considering a takeover bid. Hikma Pharmaceuticals was also up, more than 7 percent, after announcing a deal to buy Boehringer Ingelheim's US generic drugs business for about $2.65 billion in cash and stock. The ...

Markets - Equity - Europe

European shares rebound on corporate results and takeover activity LONDON: European shares rebounded on Tuesday, lifted by strong company results and corporate takeover activity after falling in the previous five sessions due to concerns over China's growth. The pan-European FTSEurofirst 300 index closed up 1.1 percent at 1,545.79 points. The index had tumbled in the last five sessions and touched a two-week low on Monday. The euro zone's blue-chip Euro STOXX 50 index rose 1.2 percent. Both the FTSEurofirst and the Euro STOXX are ...