Europe
Thursday, 09 May 2013 20:14
26
LONDON: Europe's main stock markets were mixed but mostly stronger on Thursday while the euro eased against the dollar as traders digested the Bank of England's keeping its main interest rate unchanged, and booked profits after several days of gains.London's benchmark FTSE 100 index of top companies gained 0.13 percent to 6,592.18 points and Frankfurt's DAX 30 added 0.17 percent to 8,263.47 points while in Paris the CAC 40 slid by 0.85 percent in value to 3,922.70 points.Dealers said Paris fell heavily on technical reasons caused by the payment of dividends to shareholders by a number of companies. "Following the establishment of a five-and-a-half year high yesterday mainly on the back of an emboldened mining sector, the FTSE 100 is taking a breather today with investors' gaze turning to the Bank of England rate decision," said Brenda Kelly, senior market strategist at traders IG. The BoE kept its main lending ...
LONDON: Europe's main stock markets fell at the start of trading on Thursday, with London losing 0.11 percent ahead of the Bank of England's latest monetary policy announcements.London's benchmark FTSE 100 index of top companies dropped to 6,575.92 points, Frankfurt's DAX 30 lost 0.21 percent to 8,232.50 points and in Paris the CAC 40 slid by 0.72 percent in value to 3,926.86.Europe's major stock markets posted solid gains on Wednesday, with Frankfurt's main index hitting ...
LONDON: Europe's major stock markets posted solid gains on Wednesday, with Frankfurt's main index hitting another record high and London at its most robust level in more than five years.In New York, shares in the legendary English football club Manchester United slumped in early trading however after the English Premier League champions said long-serving manager Alex Ferguson would retire later this month.At the close of trade in Europe, London's FTSE 100 index of leading companies ...
LONDON: Strong Chinese trade data pushed world shares to five-year highs on Wednesday and boosted growth-sensitive currencies and metals, despite doubts about the quality of the figures.An unexpected rise in German industrial output in March added to the upbeat sentiment lifting European shares and the euro and dampening demand for safe-haven Bunds.Last Friday's upbeat US jobs data and robust German factory orders earlier this week have driven up global stock markets, and the positive mood ...
ISTANBUL: Turkey is in talks with the London Stock Exchange and Nasdaq about possible strategic partnerships for its stock exchange in Istanbul, Deputy Prime Minister Ali Babacan said on Wednesday.Turkey is in the process of merging the Istanbul Stock Exchange, the Gold Exchange and Derivatives Exchange into Bourse Istanbul - an important step in the government's bid to privatise the company and create a regional financial hub."We are holding talks with London and Nasdaq for ...
PARIS: Europe's main stock markets were higher on Tuesday, as Frankfurt's DAX 30 hit a new closing record of 8,181.78 points, up 0.86 percent.In London, the FTSE 100 index of leading companies rose by 0.55 percent to 6,557.30 points, while in Paris the CAC 40 gained 0.37 percent to 3,921.32 points.Copyright AFP (Agence France-Presse), 2013 ...
FRANKFURT: Germany's blue-chip DAX 30 stock index topped an all-time intraday high in late morning on Tuesday, propelled by a raft of favourable corporate earnings reports, traders said.Shortly before midday (1000 GMT), the DAX rose 0.7 percent on the day to an intraday high of 8,171.77 points, surpassing the previous record closing high of 8,151.57 points dating from July 2007. Tuesday saw a raft of quarterly earnings reports from DAX heavyweights such as insurers Allianz ...
More Articles...
| |||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||
