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Miners propel European shares to fresh 2-year high

January 29, 2013 14:15
* FTSEurofirst 300 up 0.4 percent * Miners buoyed by U.S. data, China growth comments * Euro STOXX 50 volatility index at near 6-year closing low By Tricia Wright LONDON, Jan 29 (Reuters) - European equities scaled fresh two-year highs on Tuesday, boosted by miners, as optimism about economic recovery gained momentum after robust U.S. home price data and comments over growth in top metals consumer China.

European shares edge higher, consolidate near highs

January 29, 2013 06:30
* FTSEurofirst 300 up 0.1 pct, Euro STOXX 50 flat * William Hill helps travel and leisure sector * Major stock indexes near "overbought" territory By Atul Prakash LONDON, Jan 29 (Reuters) - European shares edged up to hover near two-year highs on Tuesday, with strong earnings reports and a brightening economic outlook lifting sentiment, although technical factors could limit gains in the near term.

European stock index futures turn flat

January 29, 2013 04:15
LONDON, Jan 29 (Reuters) - European stock index futures turned flat just ahead of the cash market open on Tuesday as investors consolidated a push to multi-month highs on several key indexes. At 0755 GMT, futures for the Euro STOXX 50 were flat. To read more about the factors affecting European stocks, please click

European shares grind to fresh multi-month peaks

January 28, 2013 13:00
LONDON, Jan 28 (Reuters) - European equities touched fresh multi-month peaks on Monday, with technical charts pointing to a continued slow grind higher backed by tentative signs of improvement in the global economy and corporate earnings. The Euro STOXX 50 provisionally closed 0.1 percent higher at 2,746.22 points, setting fresh 18-month peaks in the wake of stronger-than-expected U.S. durable goods orders showing firms in the world's biggest economy had stepped up spending.

European stock 'fear gauge' hits near six-year low

January 25, 2013 06:45
PARIS, Jan 25 (Reuters) - The Euro STOXX 50 Volatility Index , or VSTOXX, Europe's widely-used measure of investor risk aversion, hit a near six-year low on Friday in a strong signal of growing appetite for equities. The VSTOXX, based on put and call options on Euro STOXX 50 stocks, fell 3.5 percent to as low as 14.77, a level not seen since early 2007, before the start of the U.S. subprime crisis that triggered the world's biggest economic crisis since the Great Depression. (Reporting by Blaise Robinson; editing by Simon Jessop)

Europe shares inch up; banks hit by profit taking

January 23, 2013 13:00
PARIS, Jan 23 (Reuters) - European shares inched higher on Wednesday, with a key index moving back towards a near two-year high hit recently, although a bout of profit taking on banking and insurance shares limited the market's rise. Corporate results were in the spotlight, with shares of Unilever gaining 3.1 percent after the consumer-goods giant posted better-than-expected sales while Novartis added 4.1 percent after the Swiss pharmaceuticals group unveiled a reassuring sales growth forecast.

European shares flat near recent high as earnings kick off

January 23, 2013 09:16
* Indexes struggle to break through multi-month highs * Earnings boost lifts Unilever, Novartis * Telecoms fall on outlook worries * Takeover chat boosts United Utilities By David Brett LONDON, Jan 23 (Reuters) - European shares stuck to tight trading ranges on Wednesday, hovering near multi-month highs as investors traded cautiously at the start of what could be a mixed earnings season. By 1151 GMT, the FTSEurofirst 300 was down 0.57 of a point at 1,164.92.

Earnings keep European shares around 22-month highs

January 23, 2013 05:45
* FTSEurofirst flat * Indexes struggling to break above multi-month highs * Novartis, Unilever boosted by earnings * Telecoms fall as brokers cut ratings on outlook worries By David Brett LONDON, Jan 23 (Reuters) - European shares continued to trade in a tight range as the FTSEurofirst 300 index lingered around 22-month highs, with positive earnings from the likes of Unilever and Novartis offsetting worries about telecoms.

Earnings help nudge European shares higher

January 23, 2013 05:00
LONDON, Jan 23 (Reuters) - European shares continued to trade in a tight range as the FTSEurofirst 300 index lingered around 22-month highs, with some good earnings results helping lift the index early on Wednesday. By 0804 GMT, Europe's top shares rose 1.34 points, or 0.1 percent, to 1,166.83, taking their cue from a late rally overnight on Wall Street and helped by reassuring earnings from likes of tech firms Google and IBM .

European stock index futures signal higher open

January 23, 2013 03:30
LONDON, Jan 23 (Reuters) - European stock index futures pointed to a slightly higher start on Wednesday on expectations of a strong fourth-quarter earnings season and on signs that a four-month extension of the U.S. debt limit could be passed later in the day. At 0704 GMT, futures for Euro STOXX 50, Germany's DAX and France's CAC were flat to 0.2 percent higher.
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