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Tag Archives: European stocks

European stocks higher at end, Frankfurt climbs 1.3%

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ROME: Europe’s main stock markets have rallied, while the euro retreated against the US dollar as investors reacted to US economic data and debt moves by Greece in resumed trading after Easter. London’s benchmark FTSE 100 index jumped 1.9 per cent to end the day at 6,961.77 points, the CAC 40 in Paris rose 1.5 per cent to 5,151.19 points, ... Read More »

European stocks higher at end, Frankfurt climbs 0.3pc

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ROME: European stocks charged higher at the close in a positive start to the second quarter on the back of upbeat manufacturing data in China and the eurozone, dealers said. London’s benchmark FTSE 100 index gained 0.5 per cent on the day to 6,809.5 points, Frankfurt’s DAX 30 index climbed 0.3 per cent to 12,001.38 points, and the CAC 40 ... Read More »

European stocks close solidly higher, Frankfurt jumps 1.83pc

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ROME: European stocks have closed solidly higher as traders focused on Greece’s efforts to strike a bailout deal, while betting on the outlook for US interest rates. Frankfurt’s DAX 30 index jumped 1.83 per cent to 12,086.01 points on Monday, while the CAC 40 in Paris ended 0.98 per cent higher at 5,083.52 points. London’s benchmark FTSE 100 index climbed ... Read More »

European stocks climb at start, Stoxx Europe 600 gains 0.9pc

TOKYO: European stocks rose, pushing towards their biggest quarterly rally since 2009, amid optimism central banks will continue to support global growth. The Stoxx Europe 600 Index gained 0.9 percent to 399.23 at 10:08 a.m. in London. Health-care companies boosted the equity benchmark on Friday, trimming its worst weekly loss of the year. The volume of Stoxx 600 shares changing ... Read More »

European stocks fall at end, Stoxx Europe 600 drops 0.9%

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LONDON: European stocks fell Thursday, as risk-averse investors fled equities around the world, even bringing down energy shares despite a rally in OIL PRICES spurred by tension in the Middle East. The Stoxx Europe 600 SXXP, -0.86% dropped 0.9% to 394.85, the lowest close since March 10. The fall reduced the pan-European benchmark’s gain for the year to 15.2%. Gains ... Read More »

European stocks start lower, Frankfurt sheds 1.09pc

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FRANCE: Europe’s main STOCK MARKETS slid at the start of trading on Thursday following losses in Asia and on Wall Street in the wake of poorly-received US economic data. London’s benchmark FTSE 100 index dropped 0.53 percent to 6,953.98 points. Frankfurt’s DAX 30 index shed 1.09 percent to 11,736.34 points and the CAC 40 in Paris lost 0.57 percent to ... Read More »

European stocks slip at end on Greece, Frankfurt sheds 1.2pc

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LONDON: European stock markets have pulled back as worries over Greece offset positive German data, analysts say, with focus also on the aviation sector as more details of the Alps plane crash emerged. London’s benchmark FTSE 100 index shed 0.4 per cent to 6,990.97 points, while Frankfurt’s DAX 30 index fell 1.2 per cent to 11,865.32 points and the CAC ... Read More »

European stocks climb to highest since 2000 at end, Stoxx 600 surges 0.6pc

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ROME: European stocks climbed to their highest level since 2000, as the Federal Reserve acknowledged a moderation in economic growth, fueling speculation it won’t be in a rush to raise interest rates. All but two of the 19 industry groups on the Stoxx Europe 600 Index advanced, with energy companies leading gains. Royal Dutch Shell Plc rose 1 percent, while ... Read More »

European stocks fall at end; Stoxx Europe 600 slips 0.7%

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ROME: European stocks fell Tuesday, with losses holding following disappointment over a key sentiment reading from Germany, Europe’s biggest economy. European equities started on weaker footing after Monday’s rally, as the market has been awash in liquidity linked to European Central Bank’s asset-buying program. The Stoxx Europe 600 SXXP, -0.71%  on Tuesday fell 0.7% to 397.33, with only oil-and-gas SXEP, ... Read More »

European stocks record high at end, Frankfurt gains 12,000pts for 1st time

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ROME: European stocks have rallied on optimism over quantitative easing in the eurozone, with Frankfurt topping 12,000 points for the first time. Germany’s leading stock market index smashed through the psychologically important level, one week after the European Central Bank began its bond-buying stimulus. Frankfurt’s benchmark DAX 30 soared 2.2 per cent to a new record close at 12,167.72 points. ... Read More »

European stocks record weekly advance at start, Stoxx 600 add 0.1%

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TOKYO: European stocks were little changed, with the Stoxx Europe 600 Index heading for a weekly advance, as gains in industrial companies offset declines in energy stocks. The Stoxx 600 added 0.1 percent to 395.71 at 9:12 a.m. in London. The equity gauge is heading for a weekly rise of 0.4 percent, as the weaker euro boosted exporters, and the ... Read More »

European stocks end lower, Stoxx Europe 600 dips 0.03%

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LONDON: European stock markets ended a highly volatile session on a mostly downbeat note, as investors digested disappointing U.S. retail sales and mixed corporate news. The main indexes had opened mostly higher, boosted by gains for commodity prices and optimism over the European Central Bank’s bond-buying program, now in its fourth day after launching on Monday. The central bank will ... Read More »

European stocks extends 7yrs high at start, Stoxx Europe 600 adds 0.3pc

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ROME: European stocks rose, extending a seven-year high, as gains in miners outweighed a drop in telecommunications shares. The Stoxx Europe 600 Index added 0.3 percent to 396.5 at 8:12 a.m. in London. The benchmark measure climbed 1.5 percent on Wednesday, the most in more than six weeks, as a weaker currency boosted exporters. BHP Billiton Ltd. and Rio Tinto ... Read More »

European stocks rally as euro plunges 12yrs low, Stoxx Europe 600 surges 1.5%

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ROME: European markets rallied on Wednesday as the euro plunged to a 12-year low against the dollar two days after the European Central Bank (ECB) commenced its latest bond-buying program. Compounding the slide in the shared currency’s value was growing speculation that the Federal Reserve may begin to increase its interest rate around the middle of the year. The Stoxx ... Read More »

European stocks jump 0.5% in early trade

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ROME: European stocks rose in early trading on Wednesday, bouncing from the previous session’s sell-off, with Adecco gaining ground after its fourth-quarter profit beat expectations. The world’s largest staffing group said it expects a pick-up in economic growth to increase demand for flexible labour this year, putting it on track to hit its margin target in 2015. Its shares were ... Read More »

European stocks fall as U.S. rate-hike at end; Stoxx Europe 600 dips 0.9%

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LONDON: European stocks fell Tuesday, as speculation about a rate hike in the U.S. and concerns over Greece’s reform program outweighed optimism over the European Central Bank’s bond buys. The benchmark Stoxx Europe 600 index SXXP, -0.90% slumped 0.9% to end at 389.66. But outperforming the index, banking giant Credit Suisse Group AG CSGN, +7.76% CS, +0.04% jumped 7.8% after ... Read More »

European stocks start lower, Frankfurt sheds 0.23pc

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ROME: Europe’s stock markets have fallen in opening deals, with London’s benchmark FTSE 100 index of top companies down 0.26 per cent at 6,858.28 points. Elsewhere, the CAC 40 in Paris dipped 0.14 per cent to 4,930.06 and Frankfurt’s DAX 30 shed 0.23 per cent compared with Monday’s closing level to 11,555.97 points. Read More »

European stocks close lower, Euro Stoxx 600 dips 0.3pc

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ROME: European stocks finished lower on Monday as the European Central Bank kicked off its bond-buying program and speculation continued that the better-than-expected U.S. jobs report would lead the Federal Reserve to hike interest rates soon. The pan-European Euro Stoxx 600 index closed around 0.3 percent lower, with most major bourses and sectors in negative territory at the start of ... Read More »

European stocks decline on US jobs report; Euro Stoxx 50 slips 0.6%

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ROME: European equity-index futures fell with Asian stocks after a stronger-than-estimated U.S. jobs report sent American shares and Treasuries tumbling and as Japanese economic growth was revised down. The pound rebounded, while copper fluctuated. Contracts on the Euro Stoxx 50 Index fell 0.6 percent by 7:22 a.m. in London, while U.S. index futures were down 0.1 percent. The MSCI Asia ... Read More »

European stocks take positive start, Stoxx Europe 600 climbs 0.2pc

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ROME: European stocks advanced for a second day, pushing the Stoxx Europe 600 Index near a seven-year high, as investors await details of the European Central Bank’s bond-buying program. The Stoxx 600 rose 0.2 percent to 391.15 at 8:05 a.m. in London. A bank rally helped push European equities higher in the last hour of trading on Wednesday following a ... Read More »