|Bid||0.000 x 3218600|
|Ask||0.000 x 4657400|
|Day's range||0.302 - 0.360|
|52-week range||0.302 - 0.360|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
European shares wobbled on Thursday after the European Central Bank signalled an end to rate cuts and as Britons voted in a general election, though stronger banks and miners lent support. The STOXX 600 ended a choppy session flat in percentage terms, while Britain's blue chip FTSE index was down 0.4 percent. European equities hit a session low while banking stocks briefly turned negative after the ECB cut its inflation forecasts for the euro zone and signalled that it would not cut interest rates further.
European Union plans to make it easier for companies to raise money from sources other than banks will get a "reboot" to compensate for the loss of London as a financial centre within the bloc. "As we face the departure of the largest EU financial centre, we committed to stepping up our efforts to further strengthen and integrate the EU capital markets," European Commission Vice President Valdis Dombrovskis said on Thursday.
The European Union set out plans on Thursday to "reboot" a project to strengthen its capital markets that raise money for companies because Brexit may put London, the region's biggest financial centre, out of reach. The capital markets union (CMU) initiative was launched in September 2015 to improve the way stock and bond markets raise money for growth, and offer European companies an alternative to bank loans.
Britain's major share index fell on Wednesday, a day before Britons were set to begin voting in parliamentary elections that will shape talks for the country's exit from the European Union. A sharp drop ...
The difference between Italy's borrowing costs and those of its closest peer neared its widest on Wednesday since the euro zone's debt crisis of 2011-2012, underlining its status as one of the region's most vulnerable markets. The gap (Frankfurt: 863533 - news) between Italy's 10-year bond yields and similarly rated Spain's widened as investors focused on Italy's lack of progress in stabilising its troubled banks, the political risk for Rome of snap elections and the possible winding down of monetary stimulus by the European Central Bank.
MADRID/BRUSSELS, June 7 (Reuters) - European authorities stepped in to avert a collapse of Spain's Banco Popular following a run on the bank, orchestrating a last-minute rescue on Wednesday by Santander, the country's biggest lender. Owners of Popular bonds faces losses of some 2 billion euros, while Santander will ask its shareholders for around 7 billion euros ($7.9 billion) of capital to absorb Spain's sixth biggest bank.
One of Spain's biggest banks has been saved from collapse after it was bought by rival Santander for just €1. The deal will see Santander take on the bank's customers, branches and also its liabilities, estimated at around €5bn. It also means that Santander has now become the biggest banking group in Spain.
The gap (Frankfurt: 863533 - news) between Italian and Spanish 10-year bond yields was heading towards its widest level since the 2012 debt crisis on Wednesday, as investors fretted over possible early elections and the effect of tighter policy on Italian borrowing costs. The similarly-rated Southern European neighbours are often compared in the bond market, and the difference in their government bond yields used as a measure of risk in the bloc. As the Italian debt agency prepared to sell 30-year bonds later in the day, Italy's benchmark 10-year debt underperformed the rest of the euro zone bond market.
European shares extended their fall on Tuesday, with healthcare stocks particularly weak, as a diplomatic spat in the Middle East weakened appetite for risky assets across the board. The greatest downward pull came from healthcare stocks. Swiss heavyweight drugmaker Roche fell 5.5 percent, its biggest one-day drop in 30 months, after investors were disappointed by findings in its Aphinity study for a key breast cancer treatment.
European shares extended their fall on Tuesday, with healthcare stocks particularly weak, as a diplomatic spat in the Middle East dented appetite for risky assets across the board. The pan-European STOXX ...
European shares extended their fall on Tuesday as weaker oil prices, pulled lower by a major diplomatic rift between Gulf Arab states, gave rise to risk adversity. The pan-European STOXX 600 benchmark ...
Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets Summary: ** Britain's FTSE edges down 0.2 pct amid election uncertainty ** Madame Tussauds owner Merlin, EasyJet, ...
Strength in bluechip exporters helped the UK's benchmark index inch back towards an all-time high on Thursday and outperform broader European markets where weakness in banks weighed. Euro zone stocks rose ...
European share prices steadied on Monday as fresh political concerns in Spain weighed, although merger and acquisition activity underpinned broader regional benchmarks. Madrid's main market index fell ...
Madrid blue chips fell 0.5 percent by 0809 GMT, while the broader pan-European STOXX 600 index was flat and commodity-heavy FTSE added 0.4 percent. Spain's Socialists on Sunday chose former leader and hardliner Pedro Sanchez to head the party again, a vote likely to make it harder for the ruling conservatives to secure the opposition support it needs in parliament to push through legislation. "Although Sanchez was gaining traction over the past week the result comes as a surprise and could introduce political risk again into the Spanish investment case," Exane analysts said in an note to clients.
European shares retreated early on Tuesday as disappointing earnings updates weighed on banks and pharma firms, though a well-received update from Vodafone helped the FTSE 100 touch a record high. The ...
European shares inched up on Friday, underpinned by gains among drugmakers and some fresh dealmaking activity, while luxury group Richemont fell on a disappointing earnings update. Cartier owner Richemont ...
Centrist Emmanuel Macron extended opinion poll gains over far-right and eurosceptic National Front leader Marine Le Pen (Other OTC: PENC - news) , bolstering investors' optimism over European stocks as the risk of a major political upset appeared to recede. The pan-European index STOXX 600 gained 0.6 percent to finish 1.9 percent higher on the week, while France's CAC 40 jumped 1.1 percent to a new 9-1/2-year high and Germany's DAX scaled a fresh record high. European shares have rallied over the past two weeks after Macron's win in the first round of the French vote sparked a rush into risky assets, moving investors' focus to a brightening economic outlook and solid earnings updates.
European shares fell on Thursday, leaving an index of the continent's top companies set for a weekly loss with banks the biggest drag. The pan-European STOXX 600 index was down 0.4 percent, setting it ...
European shares rose on Wednesday, driven by gains in financials stocks and carmakers, as first-quarter earnings season kicked off and a rise in the oil price underpinned energy stocks. The pan-European ...
European shares fell on Tuesday as banks and tech stocks weighed, led lower by a slump in Dialog Semiconductor's shares, though energy stocks provided support. The pan-European STOXX 600 index was down ...
LONDON/MILAN, April 10 (Reuters) - Merger and acquisition activity among drugmakers led otherwise flat markets in Europe on Monday, while Banco Popular hit a record low after saying it would raise more capital. The pan-European STOXX 600 index and Britain's FTSE 100 were little changed, while Germany's DAX inched 0.05 percent lower. European shares joined a global stock market rally at the end of last year on growing optimism over the economic outlook, but caution has grown in recent weeks as the first-quarter earnings season approaches and doubts over a fiscal stimulus in the United States emerge.