European stock markets

European stocks flat in light holiday trading

London - AFP

European stock markets were weaker in light holiday-season trading on Thursday, but London's FTSE 100 was still hovering close to its recent record highs on the back of strong commodity prices. On the other side of the Atlantic, stocks on Wall Street pushed higher as a pullback in the dollar boosted shares of exporters. But in Europe, London's FTSE ended the session flat,Read more

European stocks diverge on Fed, earnings

Hong Kong - AFP

European stock markets diverged and Asia's leading indices closed lower Thursday as investors digested the Federal Reserve's latest outlook and a raft of corporate earnings reports. Traders looked ahead also to the Bank of England's economic forecasts due Thursday alongside an expected decision to keep its key interest rate unchanged at a record-low 0.25 percent. All eyes Friday will beRead more

Global equities rocked by Trump immigration ban

London - AFP

Asian and European stock markets sank on Monday with dealers spooked by uncertainty over Donald Trump's divisive immigration ban, dealers said. The newly-installed US president on Friday signed an executive order banning travellers from seven Muslim-majority countries that was met with widespread outrage from world leaders and mass global protests. "Global indices have started on the back foot after USRead more

European stocks brush off Brexit court ruling

London - Arab Today

European stock markets rebounded slightly on Tuesday, with London higher and sterling steady as traders brushed aside a Brexit court ruling. Sterling reacted little to a UK Supreme Court judgment that Britain’s government must win Parliament’s approval before beginning formal Brexit negotiations. The announcement “is unlikely to ultimately make a large difference and the balance of probabilities suggest that theRead more

Dollar recovers as pound falls back

London - AFP

The dollar recovered against its major peers Wednesday after taking a battering the previous day, while the pound fell back having surged on the UK's Brexit plans. European stock markets were largely steady around midday following gains for Asian indices. "The FTSE 100 has given up early gains despite the pound continuing to pull back from yesterday's strong rally, theRead more

European Stocks Fall as Shares of Oil Majors Retreat

London - QNA

European stock markets fell on Tuesday, with a pullback in the shares of major oil companies weighing on markets. The pan-European STOXX 600 index was down by 0.3%, with the index down by around 7% so far in 2016. The STOXX Europe 600 Oil & Gas index fell 0.4% as oil prices retreated from one-year highs. However, the sharesRead more

European Stock Markets Slip as Deutsche Bank Falls

London - QNA

European stock markets slipped lower on Monday as shares in Deutsche Bank fell, weighing on the broader European banking sector. The pan-European STOXX 600 index was down by 0.2%. The pan-European STOXX Europe 600 bank index also fell 0.6%. However, shares in William Hill climbed 5.5% after the British gambling company said it was in merger talks with CanadianRead more