Europe Stocks Rebound From Three-Month Low; Nordea Gains


24/04/2012 13:37 AST  Bloomberg

European stocks rebounded from a three-month low before reports on American consumer confidence and home sales. Asian shares fell and U.S. index futures gained.

TeliaSonera AB (TLSN) climbed 7.1 percent after saying it will receive 22 billion kronor ($3.3 billion) from selling shares in OAO MegaFon and a special dividend as Russia’s second-largest mobile-phone operator prepares for a London initial public offering. Nordea Bank AB (NDA), the Nordic region’s biggest lender, rose 3.8 percent after profit topped estimates. Michelin & Cie. climbed 6.9 percent on increased revenue.

For more on this Click Here

Global News
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | News Archive

JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG
Most Viewed Companies
Ticker Price Volume
RIBL 19.1 5,134,816
SAPTCO 38.52 625,023
EMAAR 9.77 9,103,558
JULPHAR 3.14 8,712
HOKAIR 107.45 360,195
BAHRI 35.46 4,000,812
ALKHODARI 50.14 1,489,883
Recent News

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

MENA world’s fastest growing wellness tourism market
The Middle East/North Africa ( region is fastest growing wellness tourism market in world, at 16 percent annually, –the Global Wellness Tourism Congress (GWTC), a division of the Global Wellness Inst

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.

The Economist Intelligence Unit

Property developer DAMAC looks to list shares on Dubai bourse
Dubai luxury property developer DAMAC is offering investors the option of converting its Global Depositary Receipts (GDRs), listed on the London bourse, into ordinary shares that would be listed on D

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?