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Apr 1, 2015

European shares start quarter with gains after PMI boost

LONDON/PARIS, April 1 (Reuters) – European shares reversed
early losses after the first major data of the new quarter
showed manufacturing activity across the euro zone accelerated
faster than previously thought last month.

Markit’s final March manufacturing Purchasing Managers’
Index (PMI) was at a 10-month high of 52.2, beating a
preliminary reading of 51.9, adding to signs the bloc’s economy
is recovering.

Mar 31, 2015

UK’s FTSE ends strong first quarter with sharp drop

LONDON, March 31 (Reuters) – Britain’s top share index fell
sharply on Tuesday, hindered by a drop in tobacco and commodity
companies, but was still headed for its best quarterly gain
since 2013 even as it ended March with a whimper.

The FTSE was down 115.11 points, or 1.7 percent, at 6,776.32
points at 1318 GMT but remained up 3.2 percent this year,
heading for its biggest quarterly gain since the end of 2013.

Mar 31, 2015

Tobacco stock drop takes shine off strong quarter for UK’s FTSE

LONDON, March 31 (Reuters) – Britain’s top share index
turned lower on Tuesday, hindered by a drop in tobacco
companies, but was still headed for its best quarterly gain
since 2013, underpinned by a rally in Kingfisher after
its trading update.

Consumer staple stocks trimmed nearly 16 points off the
blue-chip FTSE 100, weighed down by a 2.4 percent fall
in British American Tobacco and a 2.6 percent drop in
Imperial Tobacco.

Mar 30, 2015

ARM and Kingfisher help Britain’s FTSE to bounce back

LONDON, March 30 (Reuters) – Britain’s top share index rose
on Monday, recovering ground in a broad-based rally after a
steep weekly drop, supported by a rise in chip-designer ARM
after gains for the tech sector on Wall Street and a
stronger Kingfisher.

Kingfisher rose 3.2 percent after Europe’s largest home
improvement retailer said its proposed 275 million euro ($298
million) purchase of smaller French rival Mr Bricolage had
collapsed.

Mar 30, 2015

FTSE recovers from steep weekly fall, lifted by ARM

LONDON (Reuters) – The FTSE 100 rose on Monday, recovering ground in a broad-based rally after a steep weekly drop, supported by a rise in chip-designer ARM (ARM.L: Quote, Profile, Research) after gains for the tech sector on Wall Street.

ARM rose 2.4 percent, the top FTSE 100 .FTSE riser, recovering after dropping 10 percent in two days last week.

Mar 30, 2015

Britain’s FTSE recovers from steep weekly fall, lifted by ARM

LONDON, March 30 (Reuters) – Britain’s top share index rose
on Monday, recovering ground in a broad-based rally after a
steep weekly drop, supported by a rise in chip-designer ARM
after gains for the tech sector on Wall Street.

ARM rose 2.4 percent, the top FTSE 100 riser,
recovering after dropping 10 percent in two days last week.

Mar 27, 2015

European shares set for 2015′s biggest weekly fall despite Novo Nordisk surge

LONDON, March 27 (Reuters) – A top index of pan-European
shares was set for its biggest weekly drop of the year on
Friday, although it snapped a sharp two-day losing streak
following a surge in Danish pharmaceuticals firm Novo Nordisk.

At 1446 GMT, the FTSEurofirst 300 index of top
European shares was up 0.4 percent at 1,580.73 points, but down
1.9 percent for the week – the biggest weekly drop for the index
since December.

Mar 27, 2015

Novo Nordisk surge buoys European shares after two-day slide

PARIS/LONDON, March 27 (Reuters) – European stocks rose on
Friday, halting a sharp two-day retreat and helped by a surge in
Novo Nordisk and a renewed fall in the euro, which supported
exporters.

Denmark’s Novo Nordisk jumped 13 percent after
the pharmaceutical firm said it would submit interim data from a
clinical trial of its crucial new insulin drug Tresiba to U.S.
regulators within the next month.

Mar 26, 2015

Britain’s FTSE falls for 3rd day as tech, travel stocks are hit

LONDON, March 26 (Reuters) – Britain’s top share index fell
sharply on Thursday, led by tech stocks as investors grew
nervous about their declining growth prospects and rich
valuations.

Britain’s FTSE 100 closed 1.4 percent lower at
6,895.33 points, bringing the drop since a record high hit on
Tuesday to 2.4 percent.

Mar 26, 2015

Britain’s FTSE extends falls as tech, travel stocks are hit

LONDON, March 26 (Reuters) – Britain’s top share index fell
sharply on Thursday, led by tech stocks as investors grew
nervous about their slimming growth prospects and rich
valuations.

Britain’s FTSE 100 was down 1.5 percent at 6,882.29
points by 1520 GMT, bringing the drop since a record high hit on
Tuesday to 2.7 percent.

    • About Alistair

      "Alistair Smout is working on the Investment and Emerging Markets for Reuters Europe over the summer. He specialises in Africa and Europe."
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