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Jun 9, 2014

Gains in southern periphery buoy European equities

LONDON, June 9 (Reuters) – Spain, Italy and Portugal
outperformed other European stock markets on Monday, as
investors stepped up bets that they would benefit most from the
European Central Bank’s latest economic stimulus measures.

The gains in Madrid, Milan and Lisbon propped up key
pan-European equity indexes, although volumes were thin due to
public holidays in several European countries.

Jun 5, 2014

UK’s FTSE falls as sterling rises, misses out on Europe equity rally

LONDON, June 5 (Reuters) – Britain’s top equity index fell
on Thursday, missing out on a broader rally among Europe’s stock
markets which were boosted by new European Central Bank (ECB)
economic stimulus measures.

Traders said the UK’s benchmark FTSE 100 index was
hindered by the fact that the ECB’s measures had led to the
sterling currency rising against the euro, since a
strong pound can impact the ability of British companies to
export overseas.

Jun 5, 2014

UK’s FTSE falls and misses out on European equity rally

LONDON, June 5 (Reuters) – Britain’s top equity index fell
on Thursday, missing out on a broader rally among Europe’s stock
markets which were boosted by
new European Central Bank (ECB) economic stimulus measures.

Traders said the UK’s benchmark FTSE 100 index was
hindered by the fact that the ECB’s measures had led to the
sterling currency rising against the euro, since a
strong pound can impact the ability of British companies to
export overseas.

Jun 5, 2014

UK’s FTSE rises as bid talk drives up Smith & Nephew

LONDON, June 5 (Reuters) – Britain’s top equity index rose
on Thursday, buoyed by medical devices company Smith & Nephew
which was lifted by new bid speculation.

The London market also tracked gains in European stock
markets, which rose after the European Central Bank (ECB) cut
interest rates to record lows on Thursday and unveiled new
measures to strengthen the region’s economy and fight off the
risk of Japan-life deflation.

Jun 5, 2014

Weak mining stocks push down UK’s FTSE ahead of ECB

LONDON, June 5 (Reuters) – Britain’s top equity index fell
on Thursday, weighed down by a drop in mining stocks after data
showed that services sector growth in major metals consumer
China had slowed down.

Traders were also waiting to see if the European Central
Bank (ECB) meeting later in the day would yield fresh economic
stimulus measures, as expected by many investors, before making
their next move.

Jun 4, 2014

Tesco sales drop trips UK’s FTSE

LONDON, June 4 (Reuters) – Britain’s top equity index fell
on Wednesday, weighed down by Tesco after the
supermarket retailer posted its biggest quarterly UK sales drop
in 40 years.

The blue-chip FTSE 100 closed down by 0.3 percent,
or 17.67 points, at 6,818.63 points.

Jun 4, 2014

UK’s FTSE slips as Tesco tumbles

LONDON, June 4 (Reuters) – Britain’s top equity index fell
on Wednesday, weighed down by Tesco after the
supermarket retailer posted its biggest quarterly UK sales drop
in 40 years.

The blue-chip FTSE 100 was down 0.4 percent, or
24.37 points, at 6,811.78 points going into the close of the
day.

Jun 4, 2014

UK’s FTSE slips as Tesco loses ground

LONDON, June 4 (Reuters) – Britain’s top equity index edged
lower on Wednesday, with Tesco weighing on the market
after the supermarket retailer posted its worst quarterly UK
sales drop in 40 years.

The blue-chip FTSE 100 was down by 0.3 percent, or
23.37 points, at 6,812.93 by the middle of the trading session.

Jun 2, 2014

Mining stocks drag down FTSE

LONDON (Reuters) – Britain’s top share index inched higher on Monday as upbeat Chinese factory data lifted mining stocks and as homebuilders shrugged off worse-than-expected mortgage approval data.

The blue-chip FTSE 100 index closed up 0.3 percent, or 19.59 points, at 6,864.10 points.

Jun 2, 2014

Miners lead Britain’s FTSE higher

LONDON, June 2 (Reuters) – Britain’s top share index inched
higher on Monday as upbeat Chinese factory data lifted mining
stocks and as homebuilders shrugged off worse-than-expected
mortgage approval data.

The blue-chip FTSE 100 index closed up 0.3 percent, or 19.59
points, at 6,864.10 points.