• Most Popular
  • Most Shared

Financial bookmakers see European shares rising

Fri Oct 31, 2008 2:09am EDT

LONDON, Oct 31 (Reuters) - Financial bookmakers expect to see major European indexes rise by as much as 0.6 to 1.5 percent on Friday on optimism that recent interest rate cuts by central banks will ease the financial crisis.

Stocks  |  European Markets

London-based spreadbetters expect Britain's FTSE 100 .FTSE to open 4 to 26 points higher, or as much as 0.6 percent, Germany's DAX .GDAXI to open 25 to 75 points up, or as much as 1.5 percent, and France's CAC-40 .FCHI to open 11 to 30 points up, or as much as 0.9 percent.

Major U.S. stocks indexes rose by 2.1 to 2.6 percent on Thursday, while Europe's FTSEurofirst 300 .FTEU3 registered a 0.7 percent gain. But on Friday, Japan's Nikkei average .N225 fell 5 percent despite a rate cut by the Bank of Japan. (Reporting by Atul Prakash)

Stocks
European Markets


More from Reuters

Photo

Tech solutions to climate change

Experts say there is no single answer to solving global warming, but a handful of technologies could be promising. Check out some of the candidates and join the debate.  Full Article 

    Climate conference
    A weary trader rubs his eyes as he pauses outside the New York Stock Exchange following the end of the trading session in New York October 9, 2008. REUTERS/Mike Segar
    EXCLUSIVE:

    PIMCO finds its calling

    It made a name for itself by investing in bonds, and now PIMCO has landed in a booming $1-trillion business that, put simply, steers clients through "very hard situations."  Full Article 

    Funds
    Kenneth Feinberg, special master of executive compensation in the Troubled Asset Relief Program at the Treasury, speaks in Washington November 2, 2009. REUTERS/Joshua Roberts

    Pay cuts, round two

    The six firms still under pay czar Ken Feinberg's authority are girding for the impact of the next round of compensation rulings.  Full Article 

    Executive compensation