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Jul 24, 2014

UK’s FTSE roused by rally in Reed Elsevier

LONDON, July 24 (Reuters) – Britain’s main equity index
pushed forward on Thursday, as gains at media company Reed
Elsevier helped offset a slump in home improvements
retailer Kingfisher.

The FTSE 100 closed up 0.3 percent, or 23.31 points,
at 6,821.46 points.

Reed Elsevier climbed 4.4 percent after reporting first-half
earnings that beat market expectations.

Jul 24, 2014

UK’s FTSE supported by rally in Reed Elsevier

LONDON, July 24 (Reuters) – Britain’s main equity index
climbed higher on Thursday, as gains at media company Reed
Elsevier more than offset a slump in home improvements
retailer Kingfisher.

The blue-chip FTSE 100 index rose by 0.1 percent, or
8.97 points, to 6,807.12 points by the middle of the trading
day.

Jul 23, 2014

Lisbon rallies as European shares edge higher

LONDON, July 23 (Reuters) – Portugal’s stock market
outperformed other European bourses on Wednesday, rallying after
investors bought stakes in the country’s troubled lender Banco
Espirito Santo.

Lisbon’s benchmark PSI-20 equity index rose 1.7
percent, beating the 0.2 percent gains on the benchmark German
and French markets, as investors took heart
from late Tuesday news that two major U.S. institutions now held
a combined 5 percent interest in BES.

Jul 23, 2014

European shares propped up by chemical and car stocks

LONDON, July 23 (Reuters) – Higher profits at carmaker
Daimler and chemicals group Akzo Nobel
lifted European shares on Wednesday, offsetting concerns about
tighter Western sanctions on Russia over the Ukraine crisis.

The pan-European FTSEurofirst 300 index, which has
fallen back from 6-1/2 year highs over the last month, was up by
0.1 percent at 1,375.59 points going into the close of the
trading day.

Jul 23, 2014

Daimler, Akzo Nobel prop up European equities

LONDON, July 23 (Reuters) – Forecast-beating earnings from
carmaker Daimler and chemicals group Akzo Nobel
lifted European shares on Wednesday, offsetting
concerns about a ramping up of sanctions against Russia over the
Ukraine crisis.

Germany’s blue chip DAX index rose 0.5 percent, led
higher by car and truck maker Daimler.

Jul 22, 2014

Britain’s blue-chip share index rises as ARM beats profit forecast

LONDON, July 22 (Reuters) – Britain’s top share index
rallied on Tuesday, lifted by technology group ARM,
which posted higher profits that beat analysts’ expectations.

Global equity markets were also boosted after pro-Russian
rebels complied with calls from Western governments and handed
over the black boxes of a Malaysian Airlines plane shot down
over eastern Ukraine last week.

Jul 22, 2014

UK’s FTSE rises as ARM rallies

LONDON, July 22 (Reuters) – Britain’s top equity index
rallied on Tuesday, lifted by technology group ARM which
rose after posting higher profits.

Global equity markets were also boosted after pro-Russian
rebels complied with calls from Western governments and handed
over the black boxes of a Malaysian plane shot down over eastern
Ukraine last week.

Jul 21, 2014

Tobacco stocks weigh on FTSE after RJR fine

LONDON (Reuters) – Britain’s top equity index fell on Monday as tobacco stocks were hit by a multi-billion-dollar fine against U.S. rival RJ Reynolds.

The blue-chip FTSE 100 index was down 0.3 percent – or 18.27 points – at 6,731.18 points in early trading.

Jul 18, 2014

Shire and ITV lead late rally for UK’s FTSE

LONDON, July 18 (Reuters) – Drugmaker Shire and TV
group ITV nudged up Britain’s stock market, enabling it
to recover from earlier losses caused by concerns about Ukraine,
after an airliner was shot down in the violence-ridden region.

The blue-chip FTSE 100 index, which had been in
negative territory for much of the day, staged a late rally to
close up by 0.2 percent, or 11.13 points, at 6,749.45 points on
Friday.

Jul 18, 2014

Shire rally props up UK’s FTSE

LONDON, July 18 (Reuters) – A rise in drug maker Shire
propped up Britain’s stock market on Friday, cushioning
it to an extent from concerns about the conflict in Ukraine,
where a passenger plane was shot down over the rebel-controlled
east.

The blue-chip FTSE 100 index was flat at 6,737.92
points going into the close of the trading day.