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Jul 14, 2015

European equity rally stalls as energy stocks fall on Iran deal

LONDON, July 14 (Reuters) – European stocks edged down on
Tuesday after a four-day rally, with weaker oil prices weighing
on energy shares after a landmark nuclear deal on Iran which
could see sanctions on its oil exports lifted.

The STOXX Europe 600 Oil & Gas Index fell 0.7
percent with the broader pan-European STOXX 600 index
showing a 0.3 percent decline and the FTSEurofirst 300 index
retreating 0.2 percent.

Jul 14, 2015

Oil-related stocks depress European shares after landmark Iran deal

LONDON, July 14 (Reuters) – European stocks edged lower on
Tuesday after a four-day rally, with weaker oil prices weighing
on commodity stocks after Iran and six world powers agreed a
landmark nuclear deal which could see sanctions on oil exports
lifted.

The STOXX Europe 600 Oil & Gas EUR Price Index fell
0.8 percent, making it the top sectoral faller.

Jul 13, 2015

European shares surge on Greek debt deal, led higher by banks

LONDON, July 13 (Reuters) – European shares surged on Monday
after euro zone leaders reached an agreement to move forward
with a bailout loan for Greece to avert bankruptcy, following
all-night talks in Brussels.

European Commission President Jean-Claude Juncker said there
would be no Greek exit from the euro currency union, adding that
he was convinced that Greek government and the Greek parliament
would be able to pass all the decisions agreed at the summit.

Jul 10, 2015

European shares leap on prospect of Greek debt deal

LONDON, July 10 (Reuters) – European stocks surged on Friday
after Greece made substantial concessions in its latest bid to
win new funds from creditors and avert bankruptcy.

Global equity markets also took heart from a continued
recovery in China’s stock market, which rose strongly for a
second day, buoyed by a barrage of government support measures.

Jul 10, 2015

European shares jump on hopes of Greek debt deal

LONDON, July 10 (Reuters) – European stocks surged on Friday
after Greece made substantial concessions in its latest bid to
win new funds from creditors and avert bankruptcy.

The pan-European FTSEurofirst 300 was up 1.6
percent at 1,535.94 points by 0757 GMT, with the euro zone
blue-chip Euro STOXX 50 rising 2.7 percent.

Jul 9, 2015

FTSE bounces after solid updates from AB Foods, Barratt

LONDON (Reuters) – Britain’s top equity index moved further away from this week’s six-month lows on Thursday, lifted by well-received results from Associated British Foods and Barratt Developments.

AB Foods, the owner of Primark, gained 5.7 percent to 3,088 pence to be the top riser on the blue-chip FTSE 100 after it posted robust results, maintaining guidance and with a small rise in revenue.

Jul 9, 2015

Britain’s FTSE bounces after solid updates from AB Foods, Barratt

LONDON, July 9 (Reuters) – Britain’s top equity index moved
further away from this week’s six-month lows on Thursday, lifted
by well-received results from Associated British Foods
and Barratt Developments.

AB Foods, the owner of Primark, gained 5.7 percent to 3,088
pence to be the top riser on the blue-chip FTSE 100 after it
posted robust results, maintaining guidance and with a small
rise in revenue.

Jul 8, 2015

Britain’s FTSE boosted by Barclays, but budget hits builders

LONDON, July 8 (Reuters) – A rally in Barclays
after a management shake-up helped Britain’s top share index
gain on Wednesday, but housebuilders took a hit from reforms
introduced by finance minister George Osborne.

The FTSE 100 closed 0.9 percent up at 6,490.70 after
posting its lowest close since mid-January in the previous
session.

Jul 8, 2015

Britain’s FTSE lifted by Barclays, but builders take budget hit

LONDON, July 8 (Reuters) – A rally in Barclays
helped Britain’s top share index rally on Wednesday, but
housebuilders took a hit from reforms introduced by finance
minister George Osborne.

The FTSE 100 was up 1 percent by 1314 GMT, after
posting its lowest close since mid-January in the previous
session.

Jul 8, 2015

Britain’s FTSE led higher by Barclays after CEO Jenkins goes

LONDON, July 8 (Reuters) – A rally in Barclays
after it ousted its chief executive helped Britain’s index of
leading shares to edge higher on Wednesday, ahead of the first
budget of the new Conservative government later in the day.

However, the index remained near a six month low, as a rout
in Chinese equities weighed on other lenders.

    • 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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