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.
Mideast funds bullish on Kingdom, bearish on UAE
Middle East funds are heavily bullish toward Saudi Arabian stocks after news the market will open to direct foreign investment, while they are bearish on the United Arab Emirates because of concern
UAE and Egypt indices rise on earnings
Stock markets in the United Arab Emirates and Egypt rose on Thursday on the back of strong second-quarter earnings at banks and expectations for similar performances by real estate developers.
Bahrain remains investor-friendly
Bahrain's business environment continues to attract inward investment although there is increasing competition within the region, according to a new report.