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Nov 27, 2014

OPEC sinks energy firms to cap European share rally; DAX extends streak

LONDON, Nov 27 (Reuters) – Share price falls for energy
firms capped gains for top European stocks on Thursday, after
OPEC resisted pressure to cut supply in the face of a global
slump in the oil price.

However, shares were able to edge higher, led up by the
German DAX, which extended its recent sharp rally on the back of
encouraging data and expectations of further stimulus measures
from the European Central Bank.

Nov 27, 2014

Germany’s DAX extends rally; OPEC sinks energy firms

LONDON, Nov 27 (Reuters) – European shares rose on Thursday
led by the German DAX, which extended its recent sharp rally on
the back of encouraging data and expectations of further
stimulus measures from the European Central Bank.

Gains were capped by oil-related stocks as Brent crude
extended its recent slide and the Organisation of the Petroleum
Exporting Countries (OPEC) confirmed they would not cut supply
in the face of falling prices.

Nov 27, 2014

European shares rise, boosted by Germany’s DAX

LONDON, Nov 27 (Reuters) – European shares rose on Thursday,
adding to their recent sharp rally that has been fuelled by
expectations of further stimulus measures from the European
Central Bank.

The region’s indexes were led higher by Germany’s DAX
, which was up 0.5 percent to outperform peers, rising
for its 11th straight session.

Nov 26, 2014

FTSE edges higher, boosted by rebound in miners

LONDON (Reuters) – The top shares rose in early deals on Wednesday, boosted by a rebound in miners, although travel stocks were hit by a slump in mid-cap peer Thomas Cook.

The FTSE 100 was up 13.86 points, or 0.2 percent, at 6,745.00 at 0913 GMT.

Copper miner Antofagasta was the top gainer on the index, up 2.2 percent, and heavyweight miners BHP Billiton and Anglo American also saw gains in excess of one percent.

Nov 26, 2014

Britain’s FTSE edges higher, boosted by rebound in miners

LONDON, Nov 26 (Reuters) – Britain’s top shares rose in
early deals on Wednesday, boosted by a rebound in miners,
although travel stocks were hit by a slump in mid-cap peer
Thomas Cook.

The FTSE 100 was up 13.86 points, or 0.2 percent,
at 6,745.00 at 0913 GMT.

Copper miner Antofagasta was the top gainer on the
index, up 2.2 percent, and heavyweight miners BHP Billiton
and Anglo American also saw gains in excess of
one percent.

Nov 25, 2014

Weaker commodity stocks pin back FTSE

LONDON (Reuters) – Commodity related stocks continued to weigh on the top share index on Tuesday, pegging it back near two month highs as oil and metal prices came under renewed pressure.

Earnings also dragged, with Kingfisher down 2.5 percent after Europe’s No. 1 home improvement retailer posted a decline in third quarter profit, hurt by a weak French market and foreign currency movements.

Nov 25, 2014

Weaker commodity stocks pin back Britain’s FTSE

LONDON, Nov 25 (Reuters) – Commodity related stocks
continued to weigh on Britain’s top share index on Tuesday,
pegging it back near two month highs as oil and metal prices
came under renewed pressure.

Earnings also dragged, with Kingfisher down 2.5 percent
after Europe’s No. 1 home improvement retailer posted a decline
in third quarter profit, hurt by a weak French market and
foreign currency movements.

Nov 24, 2014

FTSE rally pulls back from two-month high as Petrofac slump weighs

LONDON, Nov 24 (Reuters) – Britain’s top share index edged
lower on Monday, weighed down by a slump in Petrofac after it
predicted low net profits, but M&A talk kept it near a two-month
high.

Smith and Nephew and Friends Life were said
to be likely subjects for bids, and BT confirmed it might
expand into mobile communications.

Nov 24, 2014

FTSE rally pauses near 2-month high as Petrofac slump weighs

LONDON, Nov 24 (Reuters) – Britain’s top share index edged
lower but remained near a two-month high on Monday, weighed down
by a slump in Petrofac after it predicted a low net profit.

Telecom BT was boosted by speculation it would expand
into mobile communications, but insurer Aviva was hit by
its bid for peer Friends Life.

Nov 20, 2014

European shares hit by weak euro zone manufacturing data

EDINBURGH, Nov 20 (Reuters) – European shares fell on
Thursday, with top euro zone shares extending an early dip after
weak manufacturing data in the region’s top two economies
reignited fears over growth prospects.

The euro zone’s EuroSTOXX 50 fell 0.7 percent
after both French and German purchasing manager’s index data
missed expectations in the manufacturing sector.

    • 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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