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Showing posts with the label European Markets Closing Report

European Markets Closing Report | European markets rally amid Brexit confusion; Lufthansa shares fall 6%

Sam Meredith, Holly Ellyatt 2 minutes European markets were higher Thursday morning, as investors monitored the latest flurry of corporate results and reacted to Brexit developments in the U.K. European Markets: FTSE, GDAXI, FCHI, IBEX TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME The pan-European Stoxx 600 was up around 0.7 percent during afternoon deals, with most sectors and major bourses in positive territory. Europe’s oil and gas stocks were some of the best performers. OMV , Royal Dutch Shell and Aker BP were all up more than 1 percent. Looking at individual stocks, Germany’s Gea Group surged to the top of the European benchmark amid earnings news. The Dusseldorf-based group reported full-year revenue rose almost 5 percent in 2018, prompting shares to jump nearly 9 percent. Sticking in Germany, Lufthansa tumbled to the bottom of the index during morning trade. The country’s biggest airline posted an 11 percent fall in

European Markets Closing Report | Europe markets close higher after fresh US-China trade comments; WPP up 5%

Silvia Amaro, Alexandra Gibbs 3 minutes European stocks traded higher Friday, beginning the first trading day of March on a positive note. European Markets: FTSE, GDAXI, FCHI, IBEX TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME FTSE FTSE 100 FTSE 7105.35 30.62 0.43 420307139 DAX DAX DAX 11597.10 81.46 0.71 51709886 CAC CAC CAC 5265.14 24.61 0.47 60290349 The pan-European Stoxx 600 was up 0.5 percent with almost every sector in positive territory. Autos were the top performing sector, with Faurecia leading the gains, up almost 6 percent. The French auto equipment firm said that it’s to buy Clarion and launch a Japan-based business group in April. Looking at individual stocks, WPP surged towards the top of the European benchmark after the company said it had seen a good reaction to its restructuring plan. Top performer Moncler gained almost 10 percent after the Milan-listed company presented “remarkable” results, according to J

European Markets Closing Report | European markets close mixed after Trump-Kim summit ends abruptly; Zalando up 23%

Chloe Taylor,Silvia Amaro, Alexandra Gibbs 2-3 minutes European stocks closed mixed on Thursday, as investors kept abreast of geopolitical news taking place across the globe. European Markets : FTSE, GDAXI, FCHI, IBEX TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME FTSE FTSE 100 FTSE 7089.84 -17.36 -0.24 983044425 DAX DAX DAX 11515.64 28.31 0.25 86731904 CAC CAC CAC 5240.53 15.18 0.29 114239139 The pan-European Stoxx 600 ended the session up 0.12 percent, with sectors and major bourses in mixed territory. Basic resources were the worst performers, down by more than 2 percent, on the back of renewed trade worries and fresh data. On Wednesday, U.S. Trade Representative Robert Lighthizer stated in front of the House Ways and Means committee that he foresaw long-term hurdles ahead. On Thursday morning, Chinese factory activity numbers dropped to a three-year low in February — raising fears about economic activity in

European Markets Closing Report: European markets close up on US-China trade talks; Euro slides on ECB comments

Sam Meredith 6-8 minutes European stocks closed higher on Friday on the back of China-U.S. trade talks. The pan-European Stoxx 600 was provisionally up b

European Markets Closing Report: Europe markets struggle for gains amid earnings; Ocado stock slumps after fire

Sam Meredith 7-9 minutes European stocks closed slightly higher Wednesday, but gains were capped, as market participants monitored another batch of earnings results.

European Markets Closing Report: European stocks close higher amid earnings, US jobs report; Wirecard plummets 27%

Ryan Browne, Sam Meredith 3-4 minutes European stocks closed higher Friday, as market participants monitored a flurry of corporate results and key economic reports. European Markets: FTSE, GDAXI, FCHI, IBEX TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME FTSE FTSE 100 FTSE 6937.09 103.16 1.51 473682544 DAX DAX DAX 11167.94 -50.89 -0.45 53878078 CAC CAC CAC 4966.21 38.03 0.77 46465802 The pan-European Stoxx 600 closed provisionally up by 0.25 percent, with most sectors and major bourses in positive territory. Household goods stocks were among the top gainers, led by Sweden's Electrolux . The home appliances maker surged close to the top of the European benchmark after posting stronger-than-anticipated quarterly results and forecast easing cost headwinds over the coming months. Shares of the company were up over 10 percent. Europe's banking index led the losses amid earnings news. Deutsche Bank reported its first full-year

European Markets Closing Report: Europe ends on a muted note amid banking rout; Metro Bank falls 11%

Ryan Browne, Silvia Amaro 3 minutes European stocks closed in mixed territory Thursday, amid a rout in bank shares, fresh earnings and lingering fears over economic growth. European Markets: FTSE, GDAXI, FCHI, IBEX TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME FTSE FTSE 100 FTSE 6960.98 19.35 0.28 516831624 DAX DAX DAX 11150.04 -31.62 -0.28 78796978 CAC CAC CAC 4982.40 7.64 0.15 61671773 The pan-European Stoxx 600 closed provisionally barely changed, with sectors and major bourses pointing in opposite directions. Banks were by far the worst performing sector, down 2 percent, weighed down by an 11 percent downturn in Metro Bank shares. The U.K. challenger bank’s share price plummeted following reports that an accounting error it reported last week had initially been discovered by the Bank of England’s Prudential Regulation Authority and not by the bank. Other news weighing on the sector was a report that Deutsche Bank was gearing up for a potential