Archive Europe Markets

  • *FTSE 100 down 0.3 pct. LONDON, Aug 25- UK shares fell on Thursday, extending losses from the previous session as healthcare stocks dropped, though CRH rose after well-received results. Healthcare stocks were a major weight on the FTSE 100, with Hikma, Shire and Astrazeneca falling between 1.4 percent to 3.5 percent.

  • Crude futures also saw support from players buying on dips and looking for a bottom on speculation that next month's informal meeting between OPEC and other major oil producers could result in production curbs. Brent crude futures were up 45 cents, or 0.9 percent, at $49.50 a barrel by 10:15 a.m. EDT, after settling down 1.8 percent on Wednesday.

  • Global crude oil benchmark Brent was down 10 cents at $48.95 a barrel by 1230 GMT, having closed down 1.8 percent on Wednesday. Members of the Organization of the Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum, which groups producers and consumers, in Algeria on Sept. 26-28. But hopes of a deal have been dampened by...

  • *Wall Street to open lower, durable goods, jobless data ahead. Japanese and Chinese stocks had suffered modest drops in Asia and the pace picked up in Europe as London's FTSE sank 0.4 percent and Frankfurt and Paris lost as much as 1.2 percent in a region-wide slide. Stubbornly low oil prices and warnings about steel demand kept the pressure on miners in Europe,...

  • Global crude oil benchmark Brent was down 15 cents at $48.90 a barrel by 1043 GMT, having closed down 1.8 percent on Wednesday. Members of the Organization of the Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum, which groups producers and consumers, in Algeria on Sept. 26-28. But hopes of a deal have been dampened by...

  • *China property stocks down 2 pct; selling pressure in financials. Japanese and Chinese stocks had suffered modest drops in Asia and the pace picked up in Europe as London's FTSE sank 0.8 percent and Frankfurt and Paris lost 1.2 percent. "The recapitalisation of CGD is likely to have implications for Portugal's budget, but all in all it is positive," said DZ Bank...

  • MILAN, Aug 25 (Reuters)- European shares fell on Thursday, weighed down by losses among pharma and mining sector stocks, while firms such as Sunrise and Ahold were lifted by well received earning updates. The pan-European STOXX 600 index fell 1.1 percent by 0828 GMT, weakened by a disappointing sentiment survey in Germany and pulling back from a one-week high hit on...

  • Global crude oil benchmark Brent was down 15 cents at $48.90 a barrel by 0830 GMT, having closed down 1.8 percent on Wednesday. Members of the Organization of the Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum, which groups producers and consumers, in Algeria on Sept. 26-28. But hopes of a deal have been dampened by...

  • NEW YORK— Shares wavered in thin but volatile trading in Asia on Thursday, following a bleak day on Wall Street led by declines in health-care stocks as outrage mounts over steep price hikes for Mylan's EpiPens. Investors are awaiting a speech by Federal Reserve chair Janet Yellen's on Friday. KEEPING SCORE: Japan's Nikkei 225 index fell 0.3 percent to 16,555.95...

  • NEW YORK, Aug 24- Wall Street stocks retreated on Wednesday led by health care and materials stocks, while oil prices tumbled about 3.0 percent on worries about oversupply. Mylan slumped 5.4- percent to $43.15 after U.S. presidential candidate Hillary Clinton joined a Senate committee in asking why the cost of its allergy treatment EpiPen had soared.

  • *Markets await Jackson Hole meeting for rates clues. NEW YORK/ LONDON, Aug 24- Gold dipped 1 percent to a four-week low on Wednesday as the dollar strengthened and markets looked ahead to a speech by Federal Reserve Chair Janet Yellen that will be closely watched for further clues on U.S. interest rate policy. U.S. gold futures for December delivery settled down 1.2...

  • Emerging market stocks retreated 1 percent, led by political risk-driven losses in South Africa and Turkey, while broader sentiment was dented by a revival of U.S. rate rise expectations. On a light day for data, investors' nerves may have been soothed by signs that the anticipated economic seizure in Britain- and beyond- from the shock vote in June to leave the...

  • NEW YORK, Aug 24- Oil prices extended their losses on Wednesday, with U.S. crude futures falling more than 2 percent, after an unexpected large build in U.S. crude stockpiles renewed worries about oversupply in the market. West Texas Intermediate futures were down $1.35, or 2.8 percent, at $46.75 a barrel by 10:47 a.m. EDT. "The report is bearish, especially relative...

  • *Energy stocks still drag Warsaw stock index lower. BUDAPEST/ WARSAW, Aug 24- Warsaw stocks eased on Wednesday, bucking a rebound of Central European shares, due to a fall in the profits of insurer PZU and a decline in energy sector shares in Europe. Poland's bluechip stock index touched its lowest level this month after state-controlled insurer PZU reported 56...

  • NEW YORK, Aug 24- Oil prices fell on Wednesday, with U.S. crude futures losing more than 1 percent, on data pointing to a potential build in domestic crude stockpiles that offset market bulls' speculation of an OPEC output freeze. "Markets are tough here overall as there is no significant macro story, and the bears are still talking about inventories," said Scott...

  • BUDAPEST/ WARSAW, Aug 24- Warsaw's bluechip stock index touched its lowest level this month on Wednesday after a fall in profit at state-owned insurer PZU added to worries over the health of the Polish financial sector. PZU stocks fell to a new record low after Eastern Europe's biggest insurer posted a 56 percent decline in second-quarter net profit to 166...

  • LONDON, Aug 24- European shares rose on Wednesday, lifted by gains in Sweden's hygiene product maker SCA and British advertising group WPP, though an update from miner Glencore dragged the mining sector lower. South Africa- exposed stocks such as Investec and Old Mutual both fell after South Africa's finance minister was summoned by police, sending the rand...

  • *Stocks pull back from highs. LONDON, Aug 24- Stocks slipped on Wednesday while the dollar continued to claw back last week's losses as investors grappled with the prospect of a U.S. interest rate increase in the months ahead coming amid continued uncertainty about the strength of the global economy. Asian and world stock indices succumbed to profit-taking...

  • LONDON, Aug 24- European shares fell in early deals on Wednesday, snapping two straight sessions of gains as weakness in the mining sector, led by Glencore, weighed. Europe's Basic Resources index fell 1.6 percent hit by copper prices stuck near six-week lows. South Africa- exposed stocks such as Investec and Old Mutual both fell after South Africa's finance...

  • *Hong Kong stocks top losers; Japan gains. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4 percent in early trade. "China's stock markets have benefited from Brexit-related capital flows but that impact is fading and we are cautious on the market outlook given increasing signs of economic weakness," said Francis Cheung, head of China and Hong...