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May 3, 2013

European shares hold near five-year highs before U.S. jobs data

LONDON, May 3 (Reuters) – European shares held near
five-year highs on Friday as central bank stimulus continued to
support equities over other asset classes.

Key U.S. non-farm payrolls (NFPs) data for April, due at
1230 GMT, is expected to show an increase of 145,000 jobs, with
limited downside potential for equities even if the figure is
weaker, according to Manoj Ladwa, head of trading at TJM
Partners.

May 2, 2013

FTSE pulled lower by Randgold ahead of ECB meeting

LONDON (Reuters) – Mining stocks dragged the FTSE 100 lower on Thursday following a disappointing update from Randgold that set the tone.

The market was also focussed on an expected interest rate cut from European Central Bank.

May 2, 2013

Britain’s FTSE pulled lower by Randgold ahead of ECB meeting

LONDON, May 2 (Reuters) – Mining stocks dragged Britain’s
top shares lower on Thursday following a disappointing update
from Randgold that set the tone.

The market was also focussed on an expected interest rate
cut from European Central Bank.

May 1, 2013

Banks help Britain’s FTSE higher on ECB rate cut expectations

LONDON, May 1 (Reuters) – Britain’s leading share index
ended higher in thin trade on Wednesday as heavily weighted bank
shares rose on hopes of monetary easing in Europe, although it
pared gains after weaker-than-expected U.S. data.

The FTSE 100 closed up 21.17 points, or 0.3 percent,
at 6,451.29 points, rising on the first day of the month for the
10th straight time. Trading was quiet as most European bourses
were shut for a public holiday.

May 1, 2013

Banks lead FTSE higher on monetary easing expectations

LONDON (Reuters) – Britain’s top shares gained in thin trade on Wednesday as banks rose on expectations of more monetary easing and mining stocks climbed after a strong production update from Antofagasta.

By 1034 GMT, the FTSE 100 had climbed 35.68 points, or 0.6 percent, to 6,465.80 points, rising on the first day of the month for the 10th straight time in a quiet-looking session with most European bourses closed for public holidays.

May 1, 2013

Banks lead Britain’s FTSE higher on monetary easing expectations

LONDON, May 1 (Reuters) – Britain’s top shares gained in
thin trade on Wednesday as banks rose on expectations of more
monetary easing and mining stocks climbed after a strong
production update from Antofagasta.

By 1034 GMT, the FTSE 100 had climbed 35.68 points,
or 0.6 percent, to 6,465.80 points, rising on the first day of
the month for the 10th straight time in a quiet-looking session
with most European bourses closed for public holidays.

Apr 30, 2013
Apr 30, 2013

FTSE 100 ends down, notches up record monthly winning streak

LONDON, April 30 (Reuters) – Britain’s leading share index
fell on Tuesday after weaker-than-expected U.S. data hit
growth-sensitive stocks, managing nevertheless to score its
longest run of monthly gains.

The FTSE 100 ended 27.9 points, or 0.4 percent, down
at 6,427.52, showing a 0.3 percent gain for April and taking its
winning streak to 11 months versus 10 consecutive monthly gains
in 1996/97 and 1986/87.

Apr 30, 2013
Apr 30, 2013

Strong earnings moderate pullback in FTSE 100

LONDON (Reuters) – The FTSE 100 edged lower on Tuesday as traders booked profits ahead of major central bank meetings this week, though the market gleaned support from upbeat earnings reports from BP and Lloyds.

Financial and energy stocks were among few positive sectors in the index, combining to add 18 points to the FTSE 100.

    • 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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