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Apr 17, 2014

Bets against FTSE pile up as central bank directions diverge

LONDON, April 17 (Reuters) – Market bets are growing that
Britain’s main stock index, laden with heavyweight exporters,
will stall as divergent central bank policies strengthen the
pound against the euro.

An economic rebound that is strengthening Britain’s jobs
market could prove a mixed blessing for the FTSE 100. It
raises the risk of higher interest rates making pound-priced
exports more expensive – just when the threat of deflation may
force the European Central Bank to take steps that would weaken
the euro.

Apr 17, 2014

Drop in Diageo takes the fizz out of FTSE

LONDON (Reuters) – Britain’s benchmark equity index edged lower on Thursday, reversing the previous session’s advance, led by a drop in drinks group Diageo’s shares.

The blue-chip FTSE 100 index, which rose 0.7 percent on Wednesday, slipped 0.05 percent, or 3.37 points, to 6,568.87 points by 0748 GMT.

Apr 17, 2014

Drop in Diageo takes the fizz out of Britain’s FTSE

LONDON, April 17 (Reuters) – Britain’s benchmark equity
index edged lower on Thursday, reversing the previous session’s
advance, led by a drop in drinks group Diageo’s shares.

The blue-chip FTSE 100 index, which rose 0.7 percent
on Wednesday, slipped 0.05 percent, or 3.37 points, to 6,568.87
points by 0748 GMT.

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.