Sudip's Feed
Jan 15, 2014

UK’s FTSE 100 set for highest close in 8 months

LONDON, Jan 15 (Reuters) – Britain’s top equity index rose
on Wednesday to put it on track for its highest closing level in
eight months, as the World Bank’s upward revision of global
growth forecasts buoyed the market.

The blue-chip FTSE 100 index was up by 0.8 percent,
or 51.20 points, at 6,818.06 – setting it up to reach its
highest closing level since late May last year.

Jan 15, 2014

FTSE hits two and a half month high as Burberry gains ground

LONDON (Reuters) – The FTSE 100 rose to its highest level in two-and-a-half months on Wednesday, helped by the World Bank’s upward revision of global growth forecasts and gains at luxury group Burberry.

The blue-chip FTSE 100 index rose by 0.3 percent, or 21.15 points, to 6,788.01 points in mid-session trading.

Jan 15, 2014

UK’s FTSE hits 2-1/2 month high as Burberry gains ground

LONDON, Jan 15 (Reuters) – Britain’s top equity index rose
to its highest level in two-and-a-half months on Wednesday,
helped by the World Bank’s upward revision of global growth
forecasts and gains at luxury group Burberry.

The blue-chip FTSE 100 index rose by 0.3 percent, or
21.15 points, to 6,788.01 points in mid-session trading.

Jan 14, 2014

Firmer pharmaceutical stocks nudge European shares higher

LONDON, Jan 14 (Reuters) – European shares edged higher on
Tuesday, buoyed by gains in major pharmaceutical stocks and by a
rebound in U.S. equities after U.S. December retail sales rose
above forecasts.

Investors with a longer-term view out towards the end of
2014 said the broader upwards trajectory for European equities
remained intact, but some expected a near-term pullback which
could occur if European company results miss market forecasts.

Jan 14, 2014

Prospect of weak earnings dents European shares

LONDON, Jan 14 (Reuters) – European shares edged lower on
Tuesday as concerns about weak corporate earnings, following a
string of downbeat business updates from U.S. companies, caused
stock markets to dip.

Investors with a longer-term view out towards the end of
2014 said the broader upwards trajectory for European equities
remained intact, but some expected a near-term pullback.

Jan 10, 2014

Tullow Oil rises as FTSE rebounds

LONDON (Reuters) – The FTSE 100 rose on Friday, rebounding from losses in the previous session as bid speculation boosted Tullow Oil.

The blue-chip FTSE 100 index rose 0.5 percent, or 31.39 points, to 6,722.73 points in early trading.

Jan 10, 2014

Tullow Oil rises as Britain’s FTSE rebounds

LONDON, Jan 10 (Reuters) – Britain’s top share index rose on
Friday, rebounding from losses in the previous session as bid
speculation boosted Tullow Oil.

The blue-chip FTSE 100 index rose 0.5 percent, or
31.39 points, to 6,722.73 points in early trading.

Jan 9, 2014

European shares stumble over Paris debt warning

LONDON, Jan 9 (Reuters) – European shares closed lower on
Thursday, hit by a warning over France’s debt that weighed on
the Paris bourse and by a dip in U.S. stocks, which edged back
from record highs.

The pan-European FTSEurofirst 300 index, which
earlier reached new five-and-a-half-year highs, fell 0.4 percent
to 1,315.39 points. The euro zone’s blue-chip Euro STOXX 50
index fell 0.7 percent to 3,090.26 points.

Jan 9, 2014

European shares perked up by periphery’s progress

LONDON, Jan 9 (Reuters) – A rise in Europe’s smaller
“peripheral” markets nudged the region’s equities to new
five-and-a-half year highs on Thursday, with the Spanish and
Italian bourses outperforming Germany and France.

The pan-European FTSEurofirst 300 index was up by
0.1 percent at 1,322.91 points in late session trading, reaching
its highest level since mid-2008.

Jan 8, 2014

Global shares rise on further signs of economic recovery

LONDON (Reuters) – Global equity markets and the dollar rose on Wednesday, with solid German export data pushing European shares to near their highest levels since mid-2008.

News on Tuesday that the U.S. trade deficit was at a four-year low has also bolstered optimism that the global economic outlook is improving and lifted the dollar, while a bumper Irish debt sale has boosted confidence in euro zone peripheral debt.