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Showing posts with the label European Markets at Close Report.

Europe Market at Close Report: European Markets Close Mixed Mirroring Global Trading Markets.

EUROPE European markets close mixed, mirroring global sentiment at start of trading week Elliot Smith 2-3 minutes LONDON — European stocks closed mixed on Monday, mirroring muted trading in global markets. The pan-European Stoxx 600 ended the session slightly below the flatline, with autos shares falling 1.6% to lead losses while bank stocks rose 0.7% European markets received a cautiously positive handover from Asia-Pacific on Monday , with investors watching Alibaba's stock in Hong Kong following yet another development between affiliate Ant Group and billionaire founder Jack Ma. Hong Kong-listed shares of  Alibaba  slipped 1.53% on Monday after Ant Group said in a tweet that a recent report by Reuters that the firm was looking at ways for Jack Ma to exit were "untrue and baseless." On Wall Street, U.S. stocks slipped from record levels to start the week as weakness in the technology secto

European Markets at Close Report: European markets close lower after ECB ends QE purchases

David Reid,Sam Meredith European stocks were slightly lower on average Thursday as the European Central Bank formally brought its 2.6 trillion euro ($3 tn) QE program to a close. The pan-European Stoxx 600 was little changed from the previous session with sectors and major bourses pointing in opposite directions. European Markets: FTSE, GDAXI, FCHI, IBEX TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME FTSE FTSE 100 FTSE 6877.01 -3.18 -0.05 492447205 DAX DAX DAX 10914.16 -15.27 -0.14 61650674 CAC CAC CAC 4892.02 -17.43 -0.36 59236362 The ECB is poised to bring an end to its crisis-era bond-buying program after nearly four years. European lenders have generally been critical of the central bank’s QE program, arguing it has a negative impact on their net interest income. Unicredit has led the gains, up almost 2 percent on the prospect of the ECB ending its contentious stimulus program. Attention will now turn to Mario Draghi’s stateme

European Markets at Close Report: Europe closes higher amid US-China trade optimism; British PM faces confidence vote

Ryan Browne,Sam Meredith European stocks closed higher on Wednesday, after President Donald Trump said he was upbeat about the chances of securing a trade deal with China. Meanwhile, sterling climbed away from 20-month lows on news that British Prime Minister Theresa May will face a vote of no-confidence from members of her own Conservative party later in the day. The pan-European Stoxx 600 closed provisionally up by 1.8 percent, with all sectors and major bourses in positive territory. European Markets: FTSE, GDAXI, FCHI, IBEX TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME FTSE FTSE 100 FTSE 6895.03 88.09 1.29 614366488 DAX DAX DAX 10961.56 181.05 1.68 69054566 CAC CAC CAC 4919.37 113.17 2.36 64906007 Europe’s basic resources stocks — with their heavy exposure to China — were among the top performers Wednesday afternoon, up more than 2.8 percent after Trump said he would not raise tariffs on Chinese products until he was sure about

European Markets at Close Report : European Markets Close Lowerr Amid Concerns Over Trump's Protectionism - January 23, 2016 Silvia Amaro, Sam Meredith   The pan-European Stoxx 600 provisionally ended down 0.47 percent with most sectors trading in negative territory. Market players appeared to be adopt a cautious approach after President Donald Trump reiterated his intention to pursue a protectionist agenda.