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Dec 10, 2014

Britain’s FTSE rebounds on appetite for Ashtead, travel stocks

LONDON, Dec 10 (Reuters) – Britain’s top share index rose to
rebound from one month lows on Wednesday, boosted by appetite
for travel and leisure stocks and industrial equipment hire
company Ashtead after it lifted its earning guidance.

Ashtead rose 6.6 percent, having surged over 10
percent to an all-time high in early deals, after it raised its
full-year earnings guidance following a surge in profit.

Dec 9, 2014

Greek share slump weighs on European equities

LONDON, Dec 9 (Reuters) – European shares fell to a two-week
low on Tuesday, led down by a slump in Greek stocks after an
unexpected decision to bring forward the country’s presidential
election in which the anti-bailout Syriza party is well placed
to do well.

The FTSEurofirst 300 index of top European shares
was down 2 percent at 1,367.45 points by 1435 GMT, hitting its
lowest since late November and set for its biggest fall since
mid October.

Dec 9, 2014

Weaker energy stocks hit European equities, Greek shares slump

LONDON, Dec 9 (Reuters) – European shares hit a two-week low
on Tuesday with a further slide in crude oil prices hurting
energy stocks, while the Greek market sank after the country’s
presidential election was unexpectedly brought forward.

The STOXX Europe 600 Oil and Gas dropped 1.2 percent
after Brent oil slipped to a five-year low below $66 on worries
over a swelling supply glut.

Dec 8, 2014

European shares fall after Italy downgrade, soft Asia data

LONDON, Dec 8 (Reuters) – European shares fell early on
Monday, trimming some of the previous session’s sharp gains
after Italy’s sovereign debt rating was cut late on Friday and
following soft economic data from China and Japan.

S&P downgraded Italy to BBB-, just one notch above junk,
from BBB, citing weak growth and poor competitiveness that
undermine the sustainability of its huge public debt.

Dec 5, 2014

Dollar soars, stocks gyrate as U.S. jobs beat forecast

LONDON, Dec 5 (Reuters) – A surge in U.S. hiring in November
lifted the dollar to a five-and-a-half year high against a
basket of currencies on Friday, and stocks bounced as investors
priced in a U.S. interest rate hike by mid-2015.

Non-farm payrolls surged by 321,000 last month, the most
since January of 2012, the Labor Department said on Friday.
Forecasts were for 230,000 new jobs.

Dec 4, 2014

Rally in airlines helps FTSE edge higher

LONDON (Reuters) – British blue chips edged higher on Thursday, supported by travel and airline stocks after a number of encouraging corporate updates from the sector.

TUI Travel rose 3.7 percent, the top FTSE 100 .FTSE riser, after it said profit jumped 11 percent, beating forecasts.

Dec 4, 2014

Rally in airlines helps Britain’s FTSE edge higher

LONDON, Dec 4 (Reuters) – British blue chips edged higher on
Thursday, supported by travel and airline stocks after a number
of encouraging corporate updates from the sector.

TUI Travel rose 3.7 percent, the top FTSE 100 riser,
after it said profit jumped 11 percent, beating forecasts.

Dec 4, 2014

Airlines lend support to keep Britain’s FTSE steady

LONDON, Dec 4 (Reuters) – British blue chips held steady
early on Thursday, supported by travel and airline stocks after
a number of encouraging corporate updates from the sector.

TUI Travel rose 2.9 percent, the top FTSE 100 riser,
after it said profit jumped 11 percent, beating forecasts and
that the coming tie-up with Germany’s TUI AG would
accelerate long-term growth.

Dec 3, 2014

FTSE falls from one-week high; focus on UK budget update

LONDON, Dec 3 (Reuters) – London’s top share index edged
down from a one-week high on Wednesday, with moves in stocks
exposed to new British government policies dominating in an
otherwise quiet session.

Renewed weakness in Royal Mail was the main drag on the
blue-chip FTSE 100 index, which closed down 0.4 percent
at 6,716.63 points.

Dec 3, 2014

FTSE edges off one week high; focus on UK budget update

LONDON, Dec 3 (Reuters) – London’s top share index edged
lower on Wednesday from a one-week high, with volatile moves in
stocks exposed to new British government policies dominating in
an otherwise quiet session.

Renewed weakness in Royal Mail was the main drag on the
blue-chip FTSE 100 index, which was down 0.2 percent at
6,728.18 points by 1457 GMT.

    • 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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