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Jan 14, 2015

Commodity slump hits European shares, ECJ opinion lends support

LONDON, Jan 14 (Reuters) – European shares fell on
Wednesday, mirroring a slump in copper and oil prices after the
World Bank cut its global growth forecast for this year.

However, shares trimmed losses after an adviser to Europe’s
top court said an ECB bond-buying programme was legal under some
conditions, potentially smoothing the way for a widely
anticipated quantitative easing package for the euro zone.

Jan 13, 2015

Retail sector fuels gains for Britain’s FTSE 100

LONDON, Jan 13 (Reuters) – Britain’s top equity index edged
higher on Tuesday, led by Morrisons after the grocer
announced the departure of its chief executive following its
poor performance during the busy Christmas trading season.

The blue-chip FTSE 100 index was up 0.5 percent at
6,533.95 points by 1131 GMT. However, weaker commodity stocks on
the back of fresh lows for oil and copper prices limited gains.

Jan 12, 2015

Britain’s FTSE underperforms European shares as oil and energy stocks fall

LONDON, Jan 12 (Reuters) – Britain’s top share index fell on
Monday, following Wall Street lower and underperforming
continental European shares as heavily weighted oil and energy
companies dropped.

Brent oil fell below $49 a barrel following a cut in
short-term forecasts by Goldman Sachs. After falling for seven
weeks, oil prices are at their lowest since April 2009.

Jan 12, 2015

Britain’s FTSE underperforms European shares, hit by oil and energy firms

LONDON, Jan 12 (Reuters) – Britain’s top share index edged
higher on Monday, underperforming continental European shares as
heavily weighted oil and energy firms fell.

However, falling oil prices boosted travel and leisure
stocks, with cruise operator Carnival rising towards the
top of the index.

Dec 19, 2014

Roche and Italian banks stymie European share rebound

LONDON, Dec 19 (Reuters) – Continental European stocks edged
lower on Friday as a late advance was hindered by Swiss
drugmaker Roche after two of its major drugs failed tests, with
Italian banks under pressure from a downgrade by S&P.

The euro zone blue-chip EuroSTOXX 50 and the
Swiss SMI both ended down 0.4 percent as all major
continental indexes fell.

Dec 19, 2014

European shares pause, hit by drop in Roche and Italian banks

LONDON, Dec 19 (Reuters) – European stocks held steady on
Friday, pegged back by Swiss drugmaker Roche after it saw two
major drugs fail tests and with Italian banks under pressure
from a downgrade by S&P.

Healthcare stocks took the most points off the FTSEurofirst
300, with Roche leading the index lower, down
5.3 percent after tests of new Alzheimer’s and breast cancer
drugs both failed. Analysts said forecasts for 2015 would have
to be revised downwards.

Dec 19, 2014
Dec 19, 2014

European shares hit by drop in Italian banks, taking shine off rally

LONDON, Dec 19 (Reuters) – European stocks edged lower on
Friday, reversing an early rise, as Italian banks came under
pressure from a downgrade by S&P and Swiss drugmaker Roche saw
two major drugs fail tests.

The FTSEurofirst 300 index of top European shares
was down 0.1 percent tot 1,355.47 points at 1113 GMT, retreating
after a 3 percent advance on Thursday.

Dec 18, 2014

Greek reversal helps European shares post biggest rise in 3 years

LONDON, Dec 18 (Reuters) – European stocks surged on
Thursday, with the market supported by a rise in Greek shares
after the leader of the main opposition party said he was
committed to keeping Greece in the euro should his leftist party
take power next year.

A tentative rebound in oil, a dovish statement from the
Federal Reserve and relative calm in Russian markets helped spur
European shares to their strongest daily gain in three years.

Dec 18, 2014

Europe shares rally in biggest rise for 3 years; Greece reverses early fall

LONDON, Dec 18 (Reuters) – European stocks surged on
Thursday, with the market supported by a rise in Greek shares
after the leader of the main opposition party said he was
committed to keeping Greece in the euro should his leftist party
take power next year.

A rebound in oil, a dovish statement from the Federal
Reserve and relative calm in Russian markets helped spur
European shares towards their strongest daily gain in three
years.

    • 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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