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
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.
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.