Bursa Alert
Global Market
NewsEuropean shares rise in early trade after strong Chinese data
Page 1 of 1
European shares rise in early trade after strong Chinese data
by hlk Mon 09 Dec 2013, 17:32
Business & Markets 2013
Written by Reuters
Monday, 09 December 2013 16:12
A + A - Reset
PARIS (Dec 9): European stocks rose in early trade on Monday, adding to the
previous session's gains as robust exports data from China boosted investor
sentiment.
Data over the weekend showed China's exports beat forecasts in November
with a 12.7 percent rise, adding to signs of stabilisation in the world's secondbiggest
economy and sparking a rally in Asian shares.
At 0803 GMT, the FTSEurofirst 300 index of top European shares was up 0.3
percent at 1,273.60 points, while the euro zone's blue-chip Euro STOXX 50
index added 0.4 percent at 2,990.83 points.
Shares in European banks featured among the biggest gainers, with Banco
Popolare up 1.2 percent and Bankinter up 1.1 percent.
European stocks rose on Friday after U.S. jobs data that was seen as solid
enough to back an economic recovery but not so robust as to prompt an immediate scaling back of Federal Reserve stimulus. - Reuters
Written by Reuters
Monday, 09 December 2013 16:12
A + A - Reset
PARIS (Dec 9): European stocks rose in early trade on Monday, adding to the
previous session's gains as robust exports data from China boosted investor
sentiment.
Data over the weekend showed China's exports beat forecasts in November
with a 12.7 percent rise, adding to signs of stabilisation in the world's secondbiggest
economy and sparking a rally in Asian shares.
At 0803 GMT, the FTSEurofirst 300 index of top European shares was up 0.3
percent at 1,273.60 points, while the euro zone's blue-chip Euro STOXX 50
index added 0.4 percent at 2,990.83 points.
Shares in European banks featured among the biggest gainers, with Banco
Popolare up 1.2 percent and Bankinter up 1.1 percent.
European stocks rose on Friday after U.S. jobs data that was seen as solid
enough to back an economic recovery but not so robust as to prompt an immediate scaling back of Federal Reserve stimulus. - Reuters
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» European shares inch higher in early trade
» European shares rise on robust China data, ebbing Syria concerns
» GLOBAL MARKET* Shares rise, dollar softens after data dampens prospects for early Fed tapering
» Oil up to $110 on strong Chinese data, supply
» Brent oil rises on European, Chinese data; oversupply weighs
» European shares rise on robust China data, ebbing Syria concerns
» GLOBAL MARKET* Shares rise, dollar softens after data dampens prospects for early Fed tapering
» Oil up to $110 on strong Chinese data, supply
» Brent oil rises on European, Chinese data; oversupply weighs
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum