Europe Stocks Rebound From Three-Month Low; Nordea Gains

24/04/2012 13:37 AST

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
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | News Archive
Most Viewed Companies
Ticker Price Volume
SAGRINSURANCE 29.91 104,296
SABIC 93.8 3,597,712
STC 67.77 570,542
EEC 31.18 15,012,922
RIBL 15.88 718,015
CHEMANOL 11.21 1,391,250
Recent News

Japan to allow caviar exports
TOKYO -- The Japanese government is launching a registration system for caviar exports as early as this month, aiming to help domestic fish farmers tap demand among affluent consumers in greater Asia

LMC registers net profit of $2.25m
Manama: Liquidity Management Centre (LMC), a Bahrain-based wholesale Islamic bank, yesterday reported a net profit of $2.25 million for the first half of this year as against $2.1m for the same perio

Treasury bills a big success
Manama: The latest weekly issue of government treasury bills floated to raise BD70 million has been oversubscribed, the Central Bank of Bahrain (CBB) announced yesterday.

Subscription inte

GIB Capital wins three key awards
Manama: GIB Capital, the Saudi-based investment banking arm of Bahrain-based Gulf International Bank (GIB), has won three awards given by EMEA Finance magazine for key transactions last year.

USA is UAE’s third biggest trading partner
The United States is the third largest trade partner of the UAE, with the volume of non-oil trade exchanges exceeding $24 billion through 2014, says a senior official. Juma Mohammed Al Kit, assistan

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


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