12112016Sun
Last update: Sun, 11 Dec 2016 02pm

Europe

Markets - Equity - Europe

European stocks rise at open LONDON: Europe's stock markets opened higher Friday following strong gains across Asia inspired by revised second quarter figures in the US indicating better economic growth than previously thought.In initial trade, London's benchmark FTSE 100 index gained 0.24 percent to 6,207.05 points.In the eurozone, Frankfurt's DAX 30 edged up 0.20 percent to 9,687.70 and the CAC 40 in Paris crept 0.12 percent higher to 4,663.98 points.European markets rebounded Thursday on comments from Federal Reserve officials throwing doubt on prospects of a US interest rate rise in September -- news that allowed traders to put on hold fears about flagging Chinese growth that had battered markets all week. Later in the day, revised statistics showing the US economy grew at an annual rate of 3.7 percent rather than previous estimates of 2.3 percent sent stocks in Europe and on Wall Street higher -- momentum that has carried into trading Friday.Asian stocks extended ...

Markets - Equity - Europe

Britain's FTSE rallies, U.S. data eases concerns over China LONDON: Britain's top share index rose on Thursday, recouping all of its losses from this week's bruising sell-off after strong U.S. data calmed global markets rocked by concerns over Chinese growth.Britain's FTSE 100 closed up 212.83 points, or 3.6 percent, at 6,192.03, shadowing gains made on Wall Street and in Chinese stocks. It was broadly in line with the pan-European FTSEurofirst 300 index, up 3.7 percent.The U.S. gross domestic product growth number easily beat expectations, ...

Markets - Equity - Europe

Paris stock market jumps over three percent PARIS: Shares in Paris jumped on Thursday, with the leading CAC 40 index up by more than three percent as markets gained ground following a chaotic week fuelled by fears of economic slowdown in China.At 0900 GMT the CAC was up 3.08 percent at 4,639 points, after losing 1.4 percent on Wednesday.Copyright AFP (Agence France-Presse), 2015 ...

Markets - Equity - Europe

Britain's FTSE recovers some of its China losses LONDON: Britain's top share index fell on Wednesday but recovered some of its losses by midday, as worries over China's economy continued to weigh on equities around the world. Data showing an unexpected pick-up in UK retail sales and an increase in mortgage approvals offered encouraging signals on the domestic economy, however. The FTSE 100 index was down 0.9 percent by 1057 GMT, recovering from earlier steeper losses. European equities were broadly in line after ...

Markets - Equity - Europe

European stocks shed more than one percent at open LONDON: Europe's stock markets fell by more than one percent at the open on Wednesday despite gains in Asia, as investor enthusiasm waned over China's interest rate cut.In initial trade, London's benchmark FTSE 100 index lost 1.30 percent to 6,002.28 points, Frankfurt's DAX 30 tumbled 1.69 percent to 9,956.85 and the CAC 40 in Paris sank 1.44 percent to 4,499.23 points.European markets had rebounded Tuesday after China cut interest rates in an attempt to boost ...

Markets - Equity - Europe

Assets rebound, Hungary's central bank holds fire BUDAPEST: Central European assets recouped part of the previous session's sharp losses on Tuesday as some Asian stocks also rebounded.Stocks in the European Union's emerging markets extended gains after China cut rates to help its stuttering economy and try to calm its financial markets.The forint was flat at 312.65 against the euro at 1337 GMT after Hungary's central bank kept interest rates on hold at record lows as expected.The forint had already rebounded late in ...

Markets - Equity - Europe

European markets surge after 'Black Monday' losses PARIS: European stock markets roared back into the black Tuesday, with most indices regaining much of the steep losses suffered the previous session on fears of economic slowdown in China.In trading around 1130 GMT, London's FTSE 100 index was up 3.53 percent, the CAC 40 in Paris rose 4.58 percent and the DAX 30 in Frankfurt climbed 4.28 percent. The trio had closed 4.67, 4.7 and 5.35 percent lower respectively on Monday amid a global ...