Well-received results from Spanish banks and a recovery among tech stocks buoyed European shares, setting them up for their fifth week of gains in a row.
Britain’s FTSE was flat, failing to ride a timid bounce by European shares as a missed cash flow forecast from Royal Dutch Shell disappointed investors.
Encouraging results and a recovery among industrials helped European shares, while earnings disappointments weighed heavily on some stocks including Lufthansa and Kion.
Britain’s FTSE was flat, failing to ride a timid bounce by European shares as a missed cash flow forecast from Royal Dutch Shell (RDSa.L) disappointed investors.
The STOXX 600 inched up 0.2% in early deals, enjoying a timid bounce from the one-week lows hit in the previous session.
Benchmark Sensex fell over 115 points while the Nifty closed below 10,600 today amid weak global cues and unabated foreign fund outflows.
European shares declined in early deals as worries over rising bond yields trumped a slew of well-received earnings updates from Kering and Credit Suisse.
World stocks steadied after 3 sessions of losses thanks to strong earnings from the likes of Google and as a rise in US bond yields towards the key 3 pc level stalled.
The pan-European STOXX 600 was up 0.16 percent by 0735 GMT after spending some time in negative territory.
The pan-European STOXX 600 was down 0.2 percent by 0720 GMT, starting a heavy week of earnings on the back foot.
Board decides not to go ahead with buyback
Commences trading in Solar REC after gap of 1 Year
Step Down Arm To Buy Entire Stake In AnSem NV For $17 Mn
Bags Rs 279 Cr Order To Set Up Captive Plant At Trombay
Plant Has Capacity Of 50 MW On An EPC Basis
Board takes no decision on bids
Couldn't discuss bids due To Renuka Ramnath's Resignation
Board to meet today to discuss the restructuring
Airtel, Vodafone may sell controlling stake in Tower Firm
Telcos may jointly negotiate black sale of combined 66.6% stake
KKR, Providence, Brookfield & ATC could be potential buyers