Europe Factors-Stocks seen mixed; eyes on Italy's bond auction


12/04/2012 09:13 AST

European stocks were seen opening mixed on Thursday as the previous session's tentative recovery loses steam, with investors bracing for a key Italian bond auction.

Financial spreadbetters expected Britain's FTSE 100 to open 6 to 9 points lower, or down as much as 0.2 percent, Germany's DAX to open 11 to 16 points higher, or up as much as 0.2 percent, and France's CAC-40 to open 3 to 4 points lower, or down as much as 0.1 percent.

European stocks climbed on Wednesday, halting a week-long slide as recently battered banks rallied, although the rebound was seen as technical and short-lived.

Italy plans to offer up to 5 billion euros, including its March 2015 BTP bond and 3 off-the-run issues, with yields expected to rise.

For more on this Click Here

Reuters
Global News
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | News Archive
Most Viewed Companies
Ticker Price Volume
RIBL 14.58 568,836
SABIC 79.98 9,507,280
SPIMACO 35.24 436,996
SAGRINSURANCE 19.49 1,105,593
TAWUNIYA 79.81 328,673
EMAAR 6.52 8,716,712
ALMARAI 85.74 190,009
Recent News

UGB names Lalani as acting CEO
United Gulf Bank (UGB) has announced the appointment of Hussain Lalani as the acting chief executive.

Mr Lalani, currently the chief financial officer, has been with the bank since 2002.

Banking sector to be probed at workshop
Moody’s Investors Service will hold its first Banking and Islamic Finance Workshop in Bahrain tomorrow.

The workshop will focus on Bahrain’s banking sector amid low oil prices and global

Islamic finance assets expected to reach $3.24 trillion by 2020
The 2015 summit, organized by Dubai Chamber, the Dubai Islamic Economy Development Centre (DIEDC) and Thomson Reuters, is set to gather over 2,000 policymakers, thinkers and business leaders on 5 and

DME sets new open interest record for Oman Crude Oil Futures
The premier international energy futures and commodities exchange in the Middle East, yesterday announced a new open interest record for its flagship Oman Crude Oil Futures contract of 27,109 lots,

Profit-booking pulls down Muscat shares
After the strong recovery in the past few sessions, the MSM 30 Index pulled back 0.56 per cent to close at 5,871.60 points. The MSM Sharia Index closed at 921.13 points, down by 0.18 per cent.

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Which of the following do you think is the best long-term investment?