08292016Mon
Last update: Mon, 29 Aug 2016 01pm

Europe

Markets - Equity - Europe

Europe markets flat as US stocks rise on energy shares LONDON: European markets were little changed Monday while US stocks resumed their upward climb after last week's record highs, as rising oil prices boosted petroleum-linked equities.London and Frankfurt saw small gains while Paris was flat in the absence of major European data or company earnings. Trading was subdued as it is a national holiday in France and parts of Germany.On Wall Street the Dow Jones Industrial Average rose 0.3 percent in opening minutes, with the broad-bases S&P 500 and the tech-rich Nasdaq Composite Index also posting similar gains. US stocks had hit all-time highs last week.Dow members Chevron and ExxonMobil were both up about 0.5 percent as oil prices rose on speculation that producers in the Organization of the Petroleum Exporting Countries would agree to limit output next month and ease the global supply glut. In London BP shares were up over one percent in afternoon trading. Most Asian markets ...

Markets - Equity - Europe

China shares hit 7-month high; world yields keep falling LONDON: World shares set up camp at one-year peaks on Monday as a rally in Chinese stocks helped offset news that Japan's economic growth had ground to a halt last quarter, while oil prices extended their latest rally.Europe's main bourses in London, Frankfurt and Paris were up 0.4-0.6 percent after four weeks of gains in the last five, while the E-mini futures for the S&P 500 ticked up 0.2 percent.China stood out in Asia as ...

Markets - Equity - Europe

European stocks lifted to 7-week highs by pharma shares LONDON: European stocks climbed to their highest level in seven weeks on Monday, lifted by firmer healthcare stocks after Belgian pharmaceuticals group UCB won a favourable U.S. court ruling.The pan-European STOXX 600 index advanced 0.3 percent to 347.26 points, its highest level since late June, before markets slumped in the immediate aftermath of Britain's shock "Brexit" vote to quit the European Union.While the STOXX 600 index remains down by around 5 percent since the start ...

Markets - Equity - Europe

Britain's FTSE at fresh 14-month high, though Sage Group slips LONDON: UK shares rose on Monday, touching a fresh 14-month high after oil stocks rallied, though shares in Sage Group fell after a data breach.The blue chip FTSE 100 index was up 0.2 percent at 6,929.69 points by 0905 GMT, in line with a rally in the broader European market.Sage Group dropped 1.1 percent, slipping from a 16-year high after the business software firm said that an internal login had been used to gain unauthorised ...

Markets - Equity - Europe

FTSE at fresh 14-month high, though Sage Group slips LONDON: UK shares rose on Monday, touching a fresh 14-month high after oil stocks rallied, though shares in Sage Group fell after a data breach. The blue chip FTSE 100 index was up 0.2 percent at 6,929.69 points by 0905 GMT, in line with a rally in the broader European market.Sage Group dropped 1.1 percent, slipping from a 16-year high after the business software firm said that an internal login had been used to gain ...

Markets - Equity - Europe

European stocks steady at open LONDON: European stock markets stabilised at the start of trading on Monday, with London's benchmark FTSE 100 index essentially flat at 6,914.43 points.In the eurozone, Frankfurt's DAX 30 was almost unchanged at 10,719.14 points, while the Paris CAC 40 added nearly 0.1 percent to open at 4,503.65 compared with the close on Friday.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Europe

European stocks dip at open LONDON: European stock markets dipped at the start of trading on Friday after finishing the previous session with solid gains.London's benchmark FTSE 100 index eased 0.1 percent to 6,906.38 points compared with the close on Thursday.In the eurozone, Frankfurt's DAX 30 lost 0.2 percent to 10,718.33 points and the Paris CAC 40 fell 0.1 percent to open at 4,501.06.Copyright AFP (Agence France-Presse), 2016 ...