U.S. fiscal deal hopes buoy European shares
LONDON, Nov 29 (Reuters) – European stocks rose early on
Thursday, echoing gains overnight in the United States as law
makers there offered hope that a deal would be struck to avert
enormous automatic budget cutbacks at the end of the year.
The FTSEurofirst300 rose 7.06 points, or 0.6
percent, to 1,116.33 by 0837 GMT. The STOXX Europe 600 Basic
Resources index, meanwhile, was up 1.7 percent.
French downgrade halts UK share surge
LONDON, Nov 20 (Reuters) – Britain’s top share index slipped
slightly in thin trade on Tuesday as Moody’s downgrade of France
pushed some investors to take profit after the market’s biggest
one-day rise this year.
By 0847 GMT, Britain’s FTSE 100 was down 0.2
percent, or 12.23 points, at 5,725.43, having rallied 2.4
percent on Monday on optimism U.S. lawmakers would soon come to
some agreement over a fiscal compromise.
European shares dip as euro zone sinks into recession
LONDON, Nov 15 (Reuters) – European shares fell for the
second day running on Thursday as investors fretted over waning
growth due to the euro zone debt crisis and doubts about the
U.S. fiscal situation.
By 1112 GMT, the FTSEurofirst 300 had shed 4.86
points, or 0.5 percent to 1,083.57, adding to Wednesday’s 1
percent decline, while the euro zone blue chip index
fell 0.2 percent to 2,468.74.
European shares fall on economic uncertainty
LONDON, Nov 15 (Reuters) – European shares extended losses
on Thursday as the rising threat to global growth from the
United States and Europe prompted investors to reduce their
exposure to risky assets.
A sharp sell-off in shares on Wall Street also made
investors nervous and by 0842 GMT, the FTSEurofirst 300
was down 4.84 points, or 0.4 percent at 1,083.59, having fallen
1 percent on Wednesday. The euro zone blue chip index
fell 0.4 percent to 2,463.65.
European shares end lower as protests outweigh earnings
LONDON, Nov 14 (Reuters) – European shares fell on
Wednesday, led by Ryanair, as unrest in Europe over austerity
measures overshadowed some upbeat company results.
The FTSEurofirst 300 closed down 10.73 points, or
1.0 percent, at 1,088.43, paring gains made on Tuesday after
speculation Spain might be closer to asking for a bailout.
Financials lift European shares on Spain bailout speculation
LONDON, Nov 13 (Reuters) – European shares rebounded late on
Tuesday as a fresh round of trader speculation that Spain may be
close to asking for a sovereign bailout fueled appetite for
financial stocks.
The FTSEurofirst 300 closed up 4.81 points, or 0.5
percent, at 1,099.16, bouncing off a low of 1,086.37.
FTSE ekes out gains as WPP gets Publicis boost
LONDON, Nov 12 (Reuters) – Britain’s FTSE 100 edged higher
in choppy trade early on Monday with WPP receiving a boost from
French peer Publicis but broader gains were capped by continued
worries over the U.S. budget deficit and Greece’s debt crisis.
By 0957 GMT, the FTSE 100 was up 12.48 points, or
0.2 percent, at 5,782.16.
Volumes were a paltry 7 percent of their already weak 90-day
daily average, reflecting the unwillingness of investors to take
up fresh positions in equities amid weak earnings and global
macro economic uncertainty.
FTSE 100 edges lower amid earnings and macro worries
LONDON, Nov 9 (Reuters) – Britain’s FTSE 100 fell early on
Friday as worries over earnings and macroeconomic conditions hit
sentiment, with miner Lonmin and broker Tullet Prebon hit after
poor earnings updates.
By 0907 GMT, London’s blue chip index was down 8.44
points, or 0.2 percent, at 5,767.61 having fallen 1.9 percent
over the last two trading sessions on weak earnings and global
economic concerns.
European shares dip as White House race nears finish line
LONDON, Nov 5 (Reuters) – European shares dipped lower by
midday on Monday as investors took shelter in safer havens ahead
of the U.S. election and banks fell after HSBC announced a hit
to third-quarter profits.
By 1200 GMT, the FTSEurofirst had fallen 6.75
points, or 0.6 percent to 1,108.44, having risen 1.6 percent
last week to near early September highs of 1,020 fueled by
better economic data in Asia and the U.S.
European shares slip ahead of knife-edge US election
LONDON, Nov 5 (Reuters) – European stocks edged lower in
cautious trade on Monday as investors opted for safer havens
ahead of a too-close-to-call presidential election in the United
States this week.
By 0835 GMT, the FTSEurofirst 300 shed 5.93 points,
or 0.5 percent, to 1,109.26, with investors hedging their bets
after the index rose 1.6 percent last week, nearing the top of
its recent trading range around 1,120.
