Tag Listing

European shares gain

European shares rose on Thursday, boosted by strong company earnings as results from AstraZeneca and Capgemini pleased investors.
AstraZeneca gained 4.5 percent following strong second-quarter numbers and winning an endorsement from a US advisory panel for its potential blockbuster heart drug Brilinta.
By 0707 GMT, the pan-European FTSEurofirst 300 index of top shares was up 0.5 percent [...]

Asia shares edge back towards highs,

Asian stocks edged back up towards a three-month high and the dollar eased towards three-month lows on Thursday, hit by soft US data that highlighted the patchy nature of the US economic recovery. An unexpected drop in US June durable goods orders and a downbeat Federal Reserve take on the economy were the latest in [...]

European shares cautiously up

Strong company results and encouraging economic data lifted European shares on Friday, though investors remained cautious ahead of the results of stress tests on the continent’s banks after market close.
At 1049 GMT the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,042.36 points, having risen 3.2 percent in the previous two [...]

European shares turn positive

European shares turned positive on Thursday as strong earnings news offset earlier weakness after US Federal Reserve Chairman Ben Bernanke gave gloomy comments on the US recovery.
British outsourcing group Capita rose 4.1 percent after it posted a 15 per cent rise in first half profit, while Europe’s biggest listed property group Unibail-Rodamco advanced 4.2 per [...]

European shares set to gain

European shares were seen extending their rally into a sixth straight session on Tuesday, as better-than-expected quarterly earnings from US firm Alcoa boosted investor confidence that the latest round of earnings from the US could exceed estimates.
Gains, however, could be limited after reports that Beijing will not relax tougher property measures any time soon, touching [...]

European shares rose on Friday,

European shares rose on Friday, posting their biggest weekly rise in a year, as worries about the global economy and banks’ stress tests moved to the back burner while investors’ focus turned to next week’s earnings.
Mining shares featured among the top performers as base metals prices gained on hopes for strong Chinese imports and a [...]

European shares rise early

European shares climbed in early trading on Monday after their worst week in over a month, but worries about the pace of global economic recovery following recent grim economic data are likely to cap gains.
At 0704 GMT, the FTSEurofirst 300 index of top European shares was up 0.5 percent at 974.44 points. It closed 0.1 [...]

European shares snap losing

European shares rose on Friday, bouncing back from three days of losses, with miners higher after Australia dumped its proposed “super profits” on the sector for a lower resource rent tax.
Though gains could be limited as investors remain nervous about the global outlook ahead of US non-farm payroll data due at 1230 GMT. The median [...]

European shares turn negative

European shares turned negative on Friday morning, with pharmaceuticals led lower by Sanofi-Aventis on worries a key drug might have cancer risks.
At 1022 GMT, the FTSEurofirst 300 index of top European shares was down 0.1 per cent at 1,041.07, and had gone as low as 1,040.94, having earlier been as high ass 1,049.28 French drugmaker [...]

Indian markets gained momentum

Indian markets gained momentum and moved above psychological resistance levels as sentiments turned bullish following bounce back in Europe.
National Stock Exchange’s Nifty was at 5058.10, up 57.80 points or 1.16 per cent. The 50-share index hit a high of 5059.65 and low of 4997.60.
Bombay Stock Exchange’s Sensex was at 16881.91, up 224.02 points or [...]