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

Global News
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | News Archive
Most Viewed Companies
Ticker Price Volume
SAGRINSURANCE 30.6 107,255
SABIC 89.75 1,750,986
ALMARAI 79 163,106
RIBL 12.5 85,299
EEC 31.5 825,787
STC 66.75 170,080
Recent News

GCC states urged to introduce taxes
GCC needs to bring in taxes and do away with subsidies by 2020 to ensure fiscal sustainability, a leading thinker has warned.

Iraq Energy Institute founder and director Luay Al Khatteb sai

SICO delists two funds from bourse
Securities and Investment Company (SICO) yesterday announced the delisting of two of its funds – SICO Arab Financial Fund (SAFF) and SICO Money Market Fund (SMMF) – from Bahrain Bourse (BHB).

Tamkeen and Ithmaar Bank launch new finance scheme
Ithmaar Bank and Tamkeen yesterday announced the launch of a joint financing solution designed specifically to support private sector enterprises in the kingdom.

The announcement follows

$100 million fund for first cloud accelerator
A $100 million allied venture capital fund based in Bahrain will work as the first cloud technology accelerator in the Middle East and Africa (Mena) region, it has emerged.

Known as the G

Mena region ‘needs 100m jobs by 2020’
The Middle East and North Africa (Mena) region needs to create more than 100 million jobs by 2020, a leading expert has said.

Barclays Bank head of research, Middle East and North Africa r

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


Looking ahead, what change you are more likely to make in investing in your domestic stock market?