Advertisement
UK markets closed
  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     
  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     
  • AIM

    755.28
    +2.16 (+0.29%)
     
  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     
  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     
  • Bitcoin GBP

    50,335.20
    -1,223.75 (-2.37%)
     
  • CMC Crypto 200

    1,304.48
    -92.06 (-6.59%)
     
  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     
  • DOW

    38,239.66
    +153.86 (+0.40%)
     
  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     
  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     

LIVE MARKETS-European corporate news headline round-up

* FTSE, CAC future open lower

* Euronext (Euronext: ENX.LS - news) experiences delays

* Asian shares fall, S&P 500 ends lower

LONDON, March 16 (Reuters) - Welcome to the home for real-time coverage of European equity

markets brought to you by Reuters stocks reporters and anchored today by Kit Rees. Reach her on

Messenger to share your thoughts on market moves: kit.rees.thomsonreuters.com@reuters.net

EUROPEAN CORPORATE NEWS HEADLINE ROUND-UP (0738 GMT)

Nex Group shares are seen jumping as much as 25 percent at the open after U.S.

exchange operator CME made a preliminary takeover offer. Here are some of today's corporate

ADVERTISEMENT

headlines to keep an eye on:

Exchange operator CME in talks with Britain's NEX on possible takeover

UK builder Berkeley says it can't boost volumes beyond current plans

Old Mutual (Other OTC: ODMUF - news) sells Latam businesses to Singapore's CMIG Intl

Elliott asks to replace Telecom Italia (Amsterdam: TI6.AS - news) board members, including Vivendi CEO

British outsourcer Mitie sees higher costs from turnaround programme

Lufthansa (Xetra: LHAB.DE - news) , Ryanair to drive Frankfurt airport passenger growth this year

Drahi's debt-ridden telecoms group Altice (Other OTC: ATSVF - news) seeing some recovery in France

UK's Wetherspoon sees higher cost, slower sales growth ahead

(Helen Reid)

*****

EUROPEAN STOCKS FUTURES OPEN LOWER, EURONEXT FACES DELAYS (0721 GMT)

While FTSE and CAC futures have opened lower, DAX and Eurostoxx futures have failed to open

with Euronext saying on its website that the trading system is experiencing serious issues and

opening Eurex is delayed. Euronext says that its Eurex T7 system is experiencing technical

issues. German bund futures also failed to open.

We are monitoring the situation and will keep you updated.

Here is a shortened futures snapshot:

(Kit Rees)

*****

EUROPEAN EARNINGS: SLIM PICKINGS (0652 GMT)

In the UK Mitie Group's full year update will be of interest given the issues the

outsourcing industry has had this year, but apart from that, it's looking like a quiet one on

the results front today.

But it's the broader prospect of earnings growth in Europe which has analysts at Credit

Suisse's wealth management division remaining positive on the region's equities.

"Although the stronger EUR is a risk, we believe that, of all the regions, Eurozone

companies are best positioned to meet or even beat their earnings growth expectations in future.

We expect domestically focused companies to do particularly well," Credit Suisse (IOB: 0QP5.IL - news) wealth

management analysts said in a note this morning.

Here are the European companies set to give updates today:

TIV.CO Q4 2017 Tivoli A/S Earnings Release

SZGG.DE Full Year 2017 Salzgitter AG Earnings Release

BC8G.DE Full Year 2017 Bechtle AG Earnings Release

E7SG.DE Q4 2017 Accentro Real Estate AG Earnings Release

OCI (Euronext: OCI.NX - news) .AS Full Year 2017 Oci NV Earnings Release

BKGH.L Berkeley Group Holdings PLC Trading Statement Release

JDW.L Half Year 2018 J D Wetherspoon PLC Earnings Release

INVP.L Investec PLC Pre-Close Briefing

FRAG.DE Full Year 2017 Fraport AG Frankfurt Airport Services Worldwide Earnings Release

MQH.ST Q2 2018 MQ Holding AB Earnings Release

SMPV.VI Full Year 2017 Semperit Ag Holding Earnings Release

MTO.L Full Year 2018 Mitie Group PLC Pre-close Trading Statement Release

(Kit Rees)

*****

MORNING CALL: HESITANT START SEEN FOR EUROPEAN SHARES (0629 GMT)

Good morning. European shares are seen opening in a narrow range this morning, according to

financial spreadbetters, following on from yesterday's positive session.

Spreadbetters were calling Britain's FTSE 100 index 7 points lower, France's CAC 5 points

lower and Germany's DAX 7 points higher, so a range of 0.1 percent either way.

Overnight Asian shares lost ground, however, after reports of further chaos in the Trump

administration. Wall Street's S&P 500 closed lower for a fourth day in a row.

Elsewhere this morning the focus will also be on final inflation figures for the euro zone,

due at 1000 GMT.

(Kit Rees)

(Reporting by Danilo Masoni, Helen Reid, Kit Rees and Julien Ponthus)