Arab Today, arab today european stock leading
Last Updated : GMT 02:33:04
Arab Today, arab today
Arab Today, arab today

Retreat financial markets

European stock leading

Arab Today, arab today

Arab Today, arab today European stock leading

Europe's leading stock markets
LONDON - AFP

Europe\'s leading stock markets Europe\'s leading stock markets retreated in morning deals on Wednesday when investors reacted to a clutch of company announcements and regional economic data. London\'s benchmark

FTSE 100 index fell 0.53 % to 6,083.84 points in late morning deals. Frankfurt\'s DAX 30 dipped 0.10 percent to 7,493.61 points and in Paris the CAC 40 index eased 0.08 % to 4,100.02.

The Stoxx 50 index of leading eurozone companies dropped 0.10 % to 2,997.44 points.
Commodities giant Glencore set a price for its dual initial public offering in Hong Kong and London, which will be the world\'s biggest so far this year.
The Switzerland-based giant has priced its shares at between £4.80 and £5.80 ($7.91-$9.55) for a sale expected to raise about $10 billion.
The sale would value Glencore, the world\'s biggest commodities trader by revenue, worth about $61 billion.
In Frankfurt on Wednesday, Germany\'s Allianz became the latest insurance giant to see its profits hit by claims related to a string of natural disasters, most notably Japan\'s monster earthquake and tsunami.
Europe\'s biggest insurer said that first-quarter net profit slumped 44 % to slightly more than 900 million euros ($1.3 billion) because of 750 million euros in expenses related to natural catastrophes. Its share price fell 1.03 % to 105.30 euros.
Also in Frankfurt, BMW grew 0.46 % to 63.66 euros after the German luxury car maker announced a four-fold increase in net profits for the first quarter and increased its sales forecast for the year.
BMW said it made a net profit of 1.2 billion euros in the first quarter, compared to 324 million euros over the same period in 2010, beating the average analyst forecast of 1.0 billion euros.
Consumers across Europe are meanwhile shying away from shops, with March data revealing a sharp drop in retail sales in the eurozone\'s biggest and most powerful economy, Germany.
Retail trade across the 17-nation eurozone fell by 1.0 % in March compared to February, when it had risen slightly against January, with a dramatic decline in pre-bailout Portugal also emerging from new data released by the EU on Wednesday.
Portugal raised 1.117 billion euros with the issue of short-term debt instrument on Wednesday, but the interest rate it had to pay rose, the day after a debt rescue deal with the EU and IMF.
Across the Atlantic, US stocks sagged Tuesday with little positive news on economic growth and lacklustre quarterly reports, especially from drugs giant Pfizer.
Before the markets opened, Pfizer, the world\'s biggest drug maker, reported first-quarter earnings jumped 10 %, slightly above analyst estimates, but sales were lower from the year-earlier period and missed market expectations.
Pfizer shares closed down 2.8 % at $20.44.
arabstoday
arabstoday

GMT 18:31 2017 Saturday ,21 October

Global oil market improving, stabilizing

GMT 13:23 2017 Friday ,20 October

EU leaders approve first step

GMT 19:29 2017 Thursday ,19 October

IMF policies undermine human rights

GMT 19:13 2017 Tuesday ,17 October

GCC public debts reached to $415bn

GMT 10:22 2017 Sunday ,15 October

ADNOC strengthens energy partnership

GMT 17:02 2017 Saturday ,14 October

IMF, Spain warn on economic growth

GMT 05:05 2017 Saturday ,14 October

Saudi Aramco considering ‘range of options’

GMT 07:46 2017 Friday ,13 October

Canada still optimistic for new NAFTA
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today european stock leading Arab Today, arab today european stock leading

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today european stock leading Arab Today, arab today european stock leading

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today What's the reason and what you can do

GMT 05:44 2017 Sunday ,22 October

What's the reason and what you can do
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Syrian children die of hunger

GMT 19:25 2017 Sunday ,22 October

Syrian children die of hunger
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 10:18 2017 Saturday ,21 October

How to do open-heart surgery

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday