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Apr 15, 2014

Europe shares sag as Ukraine woes, mixed updates weigh

PARIS/LONDON, April 15 (Reuters) – Worries over escalating
tension in Ukraine and weak updates by bellwethers including
Nestle held back European stocks on Tuesday.

At 1428 GMT, the FTSEurofirst 300 index of top
European shares was down 0.6 percent, at 1,311.35, resuming last
week’s slide during which the index lost about 3 percent, before
slightly bouncing back on Monday.

Apr 15, 2014

Weak corporate updates and Ukraine woes dent European shares

LONDON, April 15 (Reuters) – Weak updates by leading
European companies held back the region’s stock markets on
Tuesday, while the threat of costly sanctions against Russia
over the situation in Ukraine also pushed equities lower.

The pan-European FTSEurofirst 300 index, which rose
16 percent last year and hit a near six-year high of 1,355.29
points earlier this month, fell 0.3 percent to 1,315.28 points
in mid-session trading.

Apr 15, 2014

Weak corporate figures weigh on European stock markets

LONDON, April 15 (Reuters) – Weak updates from leading
European companies weighed on the region’s stock markets on
Tuesday, and the threat of costly sanctions against Russia also
capped appetite for equities.

The pan-European FTSEurofirst 300 index, which rose
16 percent in 2013 to post its best annual gain since 2009,
slipped 0.2 percent to 1,317.14 points in early session trading.

Apr 14, 2014

Rise in retail and food stocks lift UK’s FTSE

LONDON, April 14 (Reuters) – A rise in food and retail
stocks, seen as “defensive” plays with investors worried by
tensions in Ukraine, enabled Britain’s top equity index to inch
higher on Monday.

The blue-chip FTSE 100 index closed up by 0.3
percent, or 22.06 points, at 6,583.76 points. Trading volumes
came in at around 1.1 times above the index’s 3-month daily
average.

Apr 14, 2014

UK’s FTSE pegged back by fall in BP

LONDON, April 14 (Reuters) – Britain’s top equity index fell
on Monday, as mounting geopolitical tensions over Ukraine
troubled investors and weighed on oil company BP and the
broader market.

The blue-chip FTSE 100 index was down 0.2 percent,
or 9.55 points, at 6,552.15 points in late session trading.

Apr 14, 2014

FTSE nears three-week low as Russian link hurts BP

LONDON (Reuters) – FTSE fell on Monday to a near three-week low, as mounting geopolitical tensions over Ukraine troubled investors and weighed on heavyweight oil company BP.

The blue-chip FTSE 100 index was down by 0.8 percent, or 53.31 points, at 6,508.39 points in mid-session trading.

Apr 14, 2014

UK’s FTSE nears 3-week low as Russian link hurts BP

LONDON, April 14 (Reuters) – Britain’s top equity index fell
on Monday to a near three-week low, as mounting geopolitical
tensions over Ukraine troubled investors and weighed on
heavyweight oil company BP.

The blue-chip FTSE 100 index was down by 0.8
percent, or 53.31 points, at 6,508.39 points in mid-session
trading.

Apr 11, 2014

Tech stocks tumble as UK’s FTSE slides lower

LONDON, April 11 (Reuters) – Technology stocks tumbled on
Friday as Britain’s benchmark equity index bore the brunt of a
global stock market sell-off that left it vulnerable to its
biggest weekly loss in around a month.

The blue-chip FTSE 100 index, which climbed 14.4
percent in 2013 and rose to nearly its best level since early
2000 in January this year, was down by 0.7 percent, or 47.48
points, at 6,594.49 points in early session trading.

Apr 10, 2014

Slashed profit forecasts may mean tough times for FTSE

LONDON, April 10 (Reuters) – Analysts have steadily lowered
profit forecasts for UK companies since the start of 2014, data
from Thomson Reuters Datastream shows, a signal that Britain’s
top equity index could continue to underperform other European
markets.

The data contrast sharply with the British economy itself,
whose recovery from recession is gaining momentum. This week,
the International Monetary Fund raised its growth forecasts for
the UK more than for any other major economy.

Apr 10, 2014

Bonds buoyed by Greek return as equity gains fizzle out

LONDON, April 10 (Reuters) – Greece’s much-heralded return
to the bond market buoyed euro zone debt on Thursday,
outperforming flat equity markets as gains driven by easing U.S.
interest rate concerns fizzled out.

Just two years after being at the epicentre of the euro
zone’s sovereign debt crisis, Greece drew solid demand at a
five-year bond sale that aimed to raise 3 billion euros and
offered a yield of 4.95 percent, beating Athens’ 5 percent
target.