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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.

Dec 3, 2014

FTSE edges lower as Royal Mail renews fall

LONDON, Dec 3 (Reuters) – Britain’s top share index edged
lower from a one-week high on Wednesday, hit by renewed weakness
in Royal Mail and oil majors even after UK economic data and
some company earnings beat expectations.

The blue-chip FTSE 100 index was down 0.2 percent at
6,727.26 points by 1159 GMT, down from a one-week high of
6,753.19 touched in early trade. The index rose 1.3 percent on
Tuesday.

Dec 1, 2014

FTSE drops to one-week low as commodity shares, Vodafone slump

LONDON, Dec 1 (Reuters) – Britain’s top stock index dropped
to its lowest in more than a week on Monday as commodity shares
slumped and Vodafone fell on speculation it is considering
possible acquisitions.

Weak Chinese economic data compounded concern over commodity
stocks. An official reading showed growth in China’s factories
slowed more than expected in November. A private-sector survey
showed momentum stalled.

Nov 28, 2014
Nov 28, 2014

OPEC inaction sends Brent to four-year low, hits stocks

LONDON (Reuters) – Oil prices extended their recent slide on Friday, sending related shares and currencies lower, after OPEC decided to refrain from cutting output despite a supply glut.

Brent crude touched a low of $71.12 a barrel after settling at a four-year closing low on Thursday, when Saudi Arabia blocked calls from poorer members of the cartel to cut production to stem a slide in global prices.

Nov 28, 2014

OPEC inaction halts Europe rally; dollar firms

LONDON (Reuters) – Oil prices extended their recent slide on Friday, sending related shares and currencies lower, after OPEC decided to refrain from cutting output despite a supply glut.

Brent crude LCOc1 touched a low of $71.12 a barrel after settling at a four-year closing low on Thursday, when Saudi Arabia blocked calls from poorer members of the cartel to cut production to stem a slide in global prices.

Nov 27, 2014

OPEC sinks energy firms to cap European share rally; DAX extends streak

LONDON, Nov 27 (Reuters) – Share price falls for energy
firms capped gains for top European stocks on Thursday, after
OPEC resisted pressure to cut supply in the face of a global
slump in the oil price.

However, shares were able to edge higher, led up by the
German DAX, which extended its recent sharp rally on the back of
encouraging data and expectations of further stimulus measures
from the European Central Bank.

    • 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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