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Jul 5, 2013

FTSE steady, U.S. jobs data could spur more volatility

LONDON (Reuters) – Britain’s blue chip shares were slightly higher in volatile trade on Friday, having enjoyed their biggest gain for 20 months in the previous session and ahead of important jobs data out of the United States.

The FTSE 100 was up 13.74 points, or 0.2 percent, at 6,435.41, by 0832 BST. It posted its biggest gain since November 2011 on Thursday after the Bank of England and the European Central Bank signalled extended periods of monetary stimulus.

Jul 5, 2013

Britain’s FTSE steady, US jobs data could spur more volatility

LONDON, July 5 (Reuters) – Britain’s blue chip shares were
slightly higher in volatile trade on Friday, having enjoyed
their biggest gain for 20 months in the previous session and
ahead of important jobs data out of the United States.

The FTSE 100 was up 13.74 points, or 0.2 percent, at
6,435.41, by 0732 GMT. It posted its biggest gain since November
2011 on Thursday after the Bank of England and the European
Central Bank signaled extended periods of monetary stimulus.

Jul 4, 2013

Peugeot helps drive European shares rebound

LONDON, July 4 (Reuters) – European stocks rallied on
Thursday, erasing most of the losses accrued over the previous
two sessions, led by French carmaker Peugeot which won a rare
vote of confidence from a major broker.

Autos was by far the best performing sector in
Europe, leading the FTSEurofirst 300 up 9.33 points, or
0.8 percent, to 1,160.23.

Jul 4, 2013

European shares up, investors expect calming Draghi tone

LONDON, July 4 (Reuters) – European shares climbed higher
early on Thursday, recovering most of the losses incurred over
the previous two sessions, as recent underperformers such as
autos and miners rebounded.

The FTSEurofirst 300 rose 9.39 points, or 0.8
percent, to 1,160.29, having fallen 1.1 percent since Tuesday,
but political unrest in Egypt and debt concerns surrounding
Greece and Portugal were likely to cap upside momentum.

Jul 4, 2013

European shares up, investors expect calming Draghi tone

LONDON, July 4 (Reuters) – European shares climbed higher
early on Thursday, recovering most of the losses incurred over
the previous two sessions, as recent underperformers such as
autos and miners rebounded.

The FTSEurofirst 300 rose 9.39 points, or 0.8
percent, to 1,160.29, having fallen 1.1 percent since Tuesday,
but political unrest in Egypt and debt concerns surrounding
Greece and Portugal were likely to cap upside momentum.

Jul 3, 2013

European shares fall as EU debt woes mount, Egypt turmoil

LONDON, July 3 (Reuters) – Political turmoil in Portugal
that threatens to revive Europe’s debt crisis, unrest in Egypt
and slowing growth in China combined to depress investor
sentiment on Wednesday and drag European shares lower.

Volumes were expected to tail off with Wall Street closing
for a half-day on Wednesday and shut all day on Thursday.

Jul 3, 2013

European shares knocked by political tension, China growth

LONDON, July 3 (Reuters) – Rising political tension in
Egypt, weak China growth and the resurfacing of debt worries in
Europe were all enough to suppress European equities early on
Wednesday.

The FTSEurofirst 300 fell 13.27 points, or 1.2
percent to 1145.50, by 0728 GMT, echoing weakness overnight in
Asia, with miners falling 1.2 percent after data
revealed China’s manufacturing growth hit multi-month lows in
June.

Jun 28, 2013

European shares droop after hitting technical resistance

LONDON, June 28 (Reuters) – European shares hit the buffers
on Friday as technical resistance around the 1,156 level helped
stall momentum. Trade was subdued, as investors avoided making
large bets at the end of a volatile quarter.

Healthcare, technology and banking stocks
led the FTSEurofirst 300 down 5.30 points, or
0.5 percent to 1,152.12 by 1027 GMT after hitting technical
resistance at around 1,156 points – its 200-day moving average.

Jun 28, 2013

Schroders leads European shares higher into month-end

LONDON, June 28 (Reuters) – European shares opened
marginally higher on Friday, with trading expected to be subdued
as investors avoided making large bets at the end of a volatile
quarter and before U.S. economic data.

Rising markets benefited financials, with asset manager
Schroders, up 2.5 percent, also aided by an upgrade from
Exane BNP Paribas to “outperform”.

Jun 27, 2013

Smiths rises as Britain’s FTSE extends rebound early on

LONDON (Reuters) – Britain’s top shares rose in early deals on Thursday as the index extended a bounce off six-month lows with engineering company Smiths Group (SMIN.L: Quote, Profile, Research, Stock Buzz) leading the gainers, boosted by a bullish note from UBS.

By 0733 GMT, the FTSE 100 .FTSE was up 15.63 points or 0.3 percent at 6,181.11, extending the recovery from Monday’s closing low around 6,030 after weak U.S. economic data and comments from central bankers helped assuage market concerns that the Federal Reserve will soon reduce its monetary stimulus.