Market news
27.03.2014, 11:30

European shares were little changed

European shares were little changed, after a two-day rally, with retailers dragging down the market. U.S. stock-index futures and Asian shares rose.

The Stoxx Europe 600 Index rose less than 0.1 percent to 331.15 at 9:44 a.m. in London. The benchmark gauge rallied 2 percent in the past two days. Standard & Poor’s 500 Index futures rose 0.2 percent, and the MSCI Asia Pacific Index added 0.3 percent.

H&M declined 4.6 percent to 276.70 kronor. Europe’s second-biggest clothing retailer said net income rose 7.8 percent to 2.65 billion kronor ($410 million) in the first quarter, falling short of the 2.89-billion kronor estimated by analysts. The gross ">Royal Bank of Scotland Group Plc dropped 1.2 percent to 302.5 pence after its U.S. unit failed the Federal Reserve’s stress test. RBS Citizens Financial Group Inc. was one of three U.S. units of foreign banks whose capital plan was rejected.

United Internet advanced 4.1 percent to 33.51 euros. The German provider of phone and Internet services said earnings before interest, taxes, depreciation and amortization climbed 25 percent to 407 million euros ($561 million) last year. Sales rose 11 percent to 2.66 billion euros.

FTSE 100 6,576.13 -29.17 -0.44%

CAC 40 4,380.95 -4.20 -0.10%

DAX 9,449.09 +0.51 +0.01%

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location