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Jul 4, 2014

Plunge in Erste Bank halts European stocks rally

LONDON, July 4 (Reuters) – A slump in the shares of Austrian
bank Erste hit the Vienna stock market on Friday and
halted a rally on the broader European equity market which had
hit multi-year highs this week.

Erste dropped by 14 percent after the bank, which is the
third-biggest lender in emerging Europe, warned that fresh hits
from Romania and Hungary would drive it to a record 2014 loss.

Jul 3, 2014

European shares lifted by ECB and strong U.S. data

LONDON, July 3 (Reuters) – European shares rose on Thursday
back to within sight of multi-year highs, as a jump in U.S.
employment growth and further signs of support from the European
Central Bank (ECB) lifted equities.

The pan-European FTSEurofirst 300 index was up by
0.8 percent at 1,395.38 points going into the end of the trading
day, leaving the index hovering near a 6-1/2 year high of
1,399.62 points reached in late June.

Jul 1, 2014

BNP Paribas leads European shares higher after sanctions settlement

LONDON, July 1 (Reuters) – European shares edged higher on
Tuesday, with BNP Paribas among the top performers
after it settled a U.S. sanctions case, a relief to investors.

The pan-European FTSEurofirst 300 index was up by
0.3 percent at 1,374.85 points in early trading – some 2 percent
below a 6-1/2 year peak of 1,399.62 points reached last month.

Jun 30, 2014

UK’s FTSE slips as broker downgrade hits easyJet

LONDON, June 30 (Reuters) – Britain’s top equity index
slipped lower on Monday, with budget airline easyJet the
worst-performing stock as it felt the impact of a broker
downgrade.

The blue-chip FTSE 100 index was down by 0.3 percent
to 6,737.75 points in late trading – down more than 2 percent
from its 2014 peak of 6,894.88 in May, which marked its highest
level since December 1999.

Jun 30, 2014

Diageo bid talk props up UK’s FTSE

LONDON, June 30 (Reuters) – Bid speculation around drinks
group Diageo propped up Britain’s leading equity index
on Monday.

Diageo shares, up 1.4 percent, added the most points to the
benchmark FTSE 100 index, on talk it may merge with
rival SAB Miller, whose shares were up 0.6 percent.

Jun 26, 2014

Britain’s FTSE to hit record high 7,000 points by end-2014-Reuters poll

LONDON, June 26 (Reuters) – Britain’s top equity index is
set to end 2014 at a record 7,000 points, according to a Reuters
poll, as a strengthening economy and better corporate results
push it higher.

Although a number of participants said the market could
suffer short-term falls – with a spike in oil prices or more
signs of an economic slowdown in China among potential risks -
they nevertheless expected any such declines to be temporary.

Jun 26, 2014

Poll:FTSE to hit record high 7,000 points by end-2014

LONDON (Reuters) – Britain’s top equity index is set to end 2014 at a record 7,000 points, according to a Reuters poll, as a strengthening economy and better corporate results push it higher.

Although a number of participants said the market could suffer short-term falls – with a spike in oil prices or more signs of an economic slowdown in China among potential risks – they nevertheless expected any such declines to be temporary.

Jun 26, 2014

Barclays’ losses crimp FTSE 100 advance

LONDON, June 26 (Reuters) – Britain’s benchmark FTSE equity
index edged up on Thursday, helped by firmer mining stocks,
although a slump in Barclays share price prevented
bigger gains.

The blue-chip FTSE 100 index, which had fallen to a
2-month closing low on Wednesday, was up by 0.1 percent, or 7.69
points, at 6,741.31 points by 0743 GMT.

Jun 25, 2014

European shares fall as Iraq weighs on market, GDF loses

LONDON, June 25 (Reuters) – European shares fell on
Wednesday, with utility GDF Suez a standout loser, as
traders cited fears that violence in Iraq will escalate further
as a cue for investors to cash in on last month’s equity rally.

The pan-European FTSEurofirst 300 index ended down
by 1.1 percent at 1,372.04 points, marking its lowest level in
around three weeks.

Jun 25, 2014

European shares fall as Iraq weighs on market, GDF a standout loser

LONDON, June 25 (Reuters) – European shares fell on
Wednesday with a standout drop for utility GDF Suez and
traders citing fears that violence in Iraq will escalate further
as a cue for investors to cash in on last month’s equity rally.

The pan-European FTSEurofirst 300 index fell 1.1
percent to near its three-week low of 1,371.87 points.