Europe's top share index extended losses in midday trade as weak euro zone economic data, did little to boost risk appetite among investors ahead of U.S. jobs numbers and elections in France and Greece over the weekend.
Corporate earnings continued to impress, however, with Royal Bank of Scotland, BNP Paribas and Lafarge proving companies can still lift profits despite the austere economic backdrop.
The FTSEurofirst fell 6.31 points, or 0.6 percent to 1,038.08 by 1035 GMT, having traded in a 40-point range since early April. It found support around the 1,029 level, the 50 percent retracement of the LTRO rally that began mid-December.
Agthia profit surges 21pc in H1
Agthia Group, one of the UAE’s leading food and beverage groups, has reported a net profit of Dh104.5 million (28.45 million) for the first half of 2014, an increase of 21 percent year-on-year driven
BNH net profit surges 23.2pc to $6.15m
Bahrain National Holding (BNH) has reported 23.2 per cent rise in consolidated net profit at BD2.34 million ($6.15 million) for the six months ended June 30 when compared with BD1.9 million for the s