06302016Thu
Last update: Thu, 30 Jun 2016 05pm

Europe

Markets - Equity - Europe

European stocks, pound rally as Britain votes LONDON: European stocks rallied and the pound hit 2016 highs Thursday as markets expected the Remain camp to come out on top in Britain's referendum on EU membership.This despite opinion polls suggesting the outcome remains close as millions of Britons voted Thursday.The latest poll, an Ipsos MORI survey for the Evening Standard newspaper, put "Remain" on 52 percent and "Leave" on 48 percent."Another swing in opinion polls back towards Remaining in the EU has sparked a six-month high for the British pound and a surge in UK and European stocks," said Jasper Lawler, analyst at trading group CMC Markets."US stocks look set for a stronger open, bolstered by signs that the UK will vote to remain in the EU", Lawler added, although Asian markets had a mixed day.Around 1030 GMT, London's benchmark FTSE 100 was up 1.5 percent, while eurozone indices had gains of 2.3 percent.In currency trading, the pound ...

Markets - Equity - Europe

Sterling up more than 1 percent as odds shift towards ‘Remain’ LONDON: Sterling gained more than 1 percent to a 2016 high against the dollar in morning trade in London as bookmakers' odds shifted in favour of a vote for remaining in the European Union in Thursday's referendum.Betting exchange Betfair showed odds of around 15 percent for a vote to leave, down from more than 40 percent a week ago before the killing of British lawmaker Jo Cox.The pound gained 1.2 percent on the day to ...

Markets - Equity - Europe

Emerging stocks struggle higher; EU vote weighs on C.Europe LONDON: Emerging assets were broadly firmer on Thursday, though eastern European markets seesawed as voting got under way in Britain's hotly contested EU membership referendum.MSCI's emerging markets benchmark rose 0.4 percent for its fifth straight day of gains, while the main eastern European index was up 0.6 percent.Assets across much of eastern Europe - the region with the most direct economic links not only to Britain but also with the euro zone - painted a ...

Markets - Equity - Europe

FTSE reaches two-month high as Britain votes on EU membership LONDON: Britain's top share index rose to a two-month high on Thursday as Britons began voting on its membership in the European Union, with recent opinion polls showing the "Remain" camp nudging ahead.Two opinion polls published late on Wednesday showed signs of a last-minute rise in support for staying in the EU. Investors had mostly feared that a so-called Brexit would damage the economy in Britain and possibly beyond."Overnight polls still suggest the result could ...

Markets - Equity - Europe

FTSE near 2-week high as voting starts in Britain's EU referendum LONDON: Britain's top share index climbed to trade near a two-week high on Thursday as Britons started to cast their votes in a historic EU membership referendum, with recent opinion polls showing the "Remain" camp nudging ahead in the campaign.Two opinion polls published late on Wednesday showed signs of a last-minute rise in support for staying in the European Union. Investors have mostly feared that a so-called Brexit would damage the economy in Britain and ...

Markets - Equity - Europe

European stocks rise as Britain votes LONDON: Europe's main stock markets climbed at the start of trading on Thursday as Britain headed to the polls in a referendum on EU membership.London's benchmark FTSE 100 index rose 0.5 percent to 6,294.74 points compared with the closing level on Wednesday.Frankfurt's DAX 30 index gained also 0.5 percent to open at 10,122.47 points and the CAC 40 in Paris won 0.6 percent to 4,404.68.World financial markets appeared to be banking on a "Remain" victory ...

Markets - Equity - Europe

European shares end off highs as Brexit concerns resurface MILAN/LONDON: European shares rose on Wednesday, but ended off highs as results of a poll rekindled concerns that Britain may leave the European Union hours before voting in the country's membership referendum starts.The pan-European STOXX 600 index was up 0.4 percent, having risen earlier in the session by as much as 1 percent to its highest in almost two weeks. The FTSEurofirst 300 also settled off highs, up 0.5 percent. The two indexes have risen ...