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Jun 29, 2015

FTSE to gain 5 percent by end-2015, hit new record next year

LONDON (Reuters) – Britain’s benchmark FTSE 100 equity index is expected to gain around 5 percent from now until the end of the year and set a new record high in 2016, a Reuters poll forecast on Monday.

The FTSE 100 hit a peak of 7,122.74 points in April and held close to that level in May as investors welcomed an unexpectedly decisive win for the Conservative party in the British election.

Jun 29, 2015

Euro stocks see worst day since 2011 as Greek crisis worsens

LONDON, June 29 (Reuters) – European stock markets slid
lower on Monday, with southern European banks hit particularly
hard, after Greece closed its banks and imposed capital
controls.

Germany’s DAX, France’s CAC and Portugal’s
PSI-20 indices all sank around 4 percent. So did the
euro zone’s blue-chip Euro STOXX 50 index, its worst
one-day percentage loss since late 2011. The pan-European
FTSEurofirst 300 index fell 2.7 percent.

Jun 26, 2015

Miners peg back FTSE but Tesco outperforms

LONDON (Reuters) – Britain’s top equity index lost ground on Friday as weaker mining stocks weighed on the market, although supermarket group Tesco rose after its sales fell less than forecast.

Tesco’s shares advanced 3.6 percent after its first quarter performance suggested a tentative recovery in its key home market could be starting to move onto a stronger footing.

Jun 26, 2015

Miners peg back Britain’s FTSE but Tesco outperforms

LONDON, June 26 (Reuters) – Britain’s top equity index lost
ground on Friday as weaker mining stocks weighed on the market,
although supermarket group Tesco rose after its sales
fell less than forecast.

Tesco’s shares advanced 3.6 percent after its first quarter
performance suggested a tentative recovery in its key home
market could be starting to move onto a stronger footing.

Jun 25, 2015

UK’s FTSE pegged back by weak mining stocks and Greek worries

LONDON, June 25 (Reuters) – Britain’s top equity index
slipped on Thursday from three-week highs reached in the
previous session as weaker mining stocks and persistent concerns
over Greece’s debt problems weighed on the market.

The benchmark FTSE 100 equity index was down by 0.4
percent at 6,816.57 points going into the close of the trading
session.

Jun 25, 2015

FTSE rises as firmer oil stocks outweigh Greek concerns

LONDON (Reuters) – A rise in major oil stocks propped up FTSE on Thursday, helping to offset pressure from persistent concerns over Greece’s debt problems.

Britain’s benchmark FTSE 100 .FTSE equity index rose 0.3 percent to 6,863.70 points going into the middle of the trading session.

Jun 25, 2015

Britain’s FTSE rises as firmer oil stocks outweigh Greek concerns

LONDON, June 25 (Reuters) – A rise in major oil stocks
propped up Britain’s top equity index on Thursday, helping to
offset pressure from persistent concerns over Greece’s debt
problems.

Britain’s benchmark FTSE 100 equity index rose 0.3
percent to 6,863.70 points going into the middle of the trading
session.

Jun 24, 2015

European shares retreat as Greek and telecoms stocks drop

LONDON, June 24 (Reuters) – European stock markets gave back
some of the gains made earlier in the week as doubts returned on
Wednesday over Greece’s debt crisis and French telecoms shares
slumped after Bouygues rejected a bid.

The pan-European FTSEurofirst 300 index fell 0.4
percent, while the euro zone’s blue-chip Euro STOXX 50 index
dropped 0.8 percent.

Jun 24, 2015

French telecom stocks underperform steady European equity markets

LONDON, June 24 (Reuters) – European stock markets were
steady on Wednesday, consolidating gains made this week on
expectations of a Greek debt deal, although French telecoms
stocks slumped after Bouygues rejected a bid for its telecom
arm.

The pan-European FTSEurofirst 300 index and the
euro zone’s blue-chip Euro STOXX 50 index were both
flat, after solid gains made in the last two sessions that
pushed the FTSEurofirst to a three-week high.

Jun 23, 2015

European shares hit three-week high on Greek deal prospects

LONDON, June 23 (Reuters) – European shares climbed to a
three-week high on Tuesday, extending the previous session’s
rally on expectations that Greece was getting closer to a debt
deal.

Shares in Belgian supermarket group Delhaize also
surged nearly 9 percent after rival Ahold said the companies
were in the final stages of merger talks.