Arab Today, arab today european stocks edge higher on positive data
Last Updated : GMT 16:58:34
Arab Today, arab today
Arab Today, arab today

European stocks edge higher on positive data

Arab Today, arab today

Arab Today, arab today European stocks edge higher on positive data

London - AFP

Europe's main stock markets mostly gained on Friday following positive eurozone numbers but London was unchanged after weaker-than-expected British growth data. London's benchmark FTSE 100 index was flat at 6,588.87 points around midday. In Paris, the CAC 40 index gained 0.33 percent to 4,393.34 points and Frankfurt's DAX 30 advanced 0.73 percent to stand at 9,520.01 compared with Thursday's closing values. Europe's major indices had closed mostly lower on Thursday, snapping a two-day winning streak, as fresh concerns over Ukraine came to the fore and traders cashed in profits from the recent rally. Asian equities edged higher in quiet trade on Friday, with Wall Street's performance on Thursday providing a tepid lead following a mixed batch of economic indicators, while Tokyo was buoyed by another pick-up in Japanese inflation, traders said. In foreign exchange trading on Friday, the euro slid to a one-month low of $1.3705. It later recovered to $1.3733, but still down from $1.3742 late on Thursday in New York. The dollar climbed to 102.34 yen from 102.17 yen on Thursday. The European single currency fell to 82.63 British pence from 83.72 pence on Thursday, while the pound firmed to $1.6619 from $1.6610. On the London Bullion Market, the price of gold dipped to $1,295.75 an ounce from $1,296 on Thursday. European stocks were buoyed by a new survey from the European Commission, showing that eurozone consumers and businesses have shrugged off the Crimea crisis and are at their most confident for two and a half years. The Commission's index of consumer and business sentiment for March rose for the 11th month in a row, hitting a 30-month high of 102.4 points. Sentiment rose strongly in the countries on the edge of the eurozone where the debt crisis hit hardest. The index was up 2.2 points in Spain and 1.3 points in Italy. Separate data showed that Britain's economy expanded by 1.7 percent last year, down slightly from a previous estimate, but remained the strongest growth since before the financial crisis. Gross domestic product for 2013 was down from a previous estimate of 1.8 percent, the Office for National Statistics said in a statement. GDP grew by an unrevised 0.7 percent in the fourth quarter of 2013 compared with activity in the previous three month period, the ONS added. Heading into the weekend, investors were keeping an eye on the release next week of key data from China, the United States and Japan.

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 stocks edge higher on positive data Arab Today, arab today european stocks edge higher on positive data

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today Former head of Egypt’s syndicate submits appeal

GMT 20:11 2017 Saturday ,25 March

Former head of Egypt’s syndicate submits appeal
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
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