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Feb 19, 2014

Tenaris leads European shares lower after U.S. trade ruling

LONDON, Feb 19 (Reuters) – European shares edged lower on
Wednesday, led by Italy’s Tenaris as a U.S. tariff ruling hurt
the region’s steel pipe industry, although buoyant updates from
brewer Carlsberg and Lafarge helped limit market losses.

The FTSEurofirst 300 opened slightly higher, but gave away
gains as the session went on, unable to mount a recovery as
caution ahead of the U.S. Federal Reserve minutes and weak
housing data prompted falls in U.S. stocks.

Feb 18, 2014

European stock rally stalls, drops from January high

LONDON, Feb 18 (Reuters) – Europe’s top shares fell on
Tuesday, led down by construction firms, with a key index set
for its biggest fall since the beginning of the month following
a two-week rally.

The pan-European FTSEurofirst 300 was down 0.2
percent at 1,333.94 at 1215 GMT, just off its highest level in
three weeks, and down for only the second time in 10 sessions.

Feb 18, 2014

German, Italian shares firm, European stocks off Jan high

LONDON, Feb 18 (Reuters) – German stocks outperformed
regional peers in cautious trade early on Tuesday ahead of data
expected to show improved sentiment over Europe’s biggest
economy, while top European shares edged off three-week highs.

Investors were also cheered by Italian politics, where
centre-left leader Matteo Renzi has received a mandate to form a
new government, promising rapid tax, labour and institutional
reforms to revive a deeply troubled economy.

Feb 17, 2014
Feb 17, 2014

FTSE extends rally as Hammerson points to UK recovery

LONDON, Feb 17 (Reuters) – Britain’s top shares advanced on
Monday to extend a two-week rally, with stocks that are
sensitive to optimism over the economy receiving a boost from
signs of growth both domestically and abroad.

Hammerson rose 4.4 percent to its highest level
since 2008 after the shopping centre landlord posted a 5.7
percent rise in net asset value, with its malls benefiting from
a recovering British economy.

Feb 14, 2014

Britain’s FTSE 100 edges higher to extend fortnight’s rebound

LONDON, Feb 14 (Reuters) – Basic materials shares helped
Britain’s top equity index to a second straight weekly gain on
Friday, offsetting a fall in bottling firm Coca Cola Hellenic
following its results.

The index was up 1.4 percent for the week, rallying from
six-week lows at the beginning of February. It climbed above its
50-day moving average on Thursday, a technical signal which
suggested underlying support from buyers.

Feb 14, 2014

Miners keep FTSE on track for weekly gain as Anglo beats consensus

LONDON, Feb 14 (Reuters) – Basic-materials shares helped to
keep Britain’s top equity index on track for a second straight
weekly gain on Friday, offsetting a retailing sector pulled
lower by WM Morrison.

The index was up 1.4 percent for the week, rallying from
six-week lows at the beginning of February. It climbed above its
50-day moving average on Thursday, a technical signal which
suggested underlying support from buyers.

Feb 13, 2014

Weak outlooks weigh on FTSE to snap year’s best streak

LONDON (Reuters) – Britain’s top share index fell on Thursday to end its longest winning streak of the year, led down by engineer Rolls Royce and sugar maker Tate & Lyle, which gave disappointing outlooks.

Sugar and sweetener manufacturer Tate & Lyle was the top faller in percentage terms, down 15.5 percent after it scaled back its full-year outlook, citing weak sales volume in developed markets.

Feb 13, 2014

Weak outlooks weigh on Britain’s FTSE to snap year’s best streak

LONDON, Feb 13 (Reuters) – Britain’s top share index fell on
Thursday to end its longest winning streak of the year, led down
by engineer Rolls Royce and sugar maker Tate & Lyle, which gave
disappointing outlooks.

Sugar and sweetener manufacturer Tate & Lyle was
the top faller in percentage terms, down 15.5 percent after it
scaled back its full-year outlook, citing weak sales volume in
developed markets.

Feb 12, 2014

Bank results help European shares extend best streak of the year

LONDON, Feb 12 (Reuters) – One of Europe’s top regional
indexes extended its gains to six days on Wednesday, its best
winning streak of the year, after good earnings and bullish news
from China and the United States.

The pan-European FTSEurofirst 300 was up 0.6
percent at 1,325.25 at 1105 GMT, taking gains over the last six
sessions to 4 percent. It had hit six-week lows earlier in the
month.

    • 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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