European stocks-index futures gain as BMW profits top forecast

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Source: Bloomberg
© Scanpix/FP
European shares increased on Tuesday pushing the benchmark index Stoxx Europe 600 towards the strongest level in five years as BMW recorded higher profits that forecast and before a report was released showing an economic outlook of the European Union. Stoxx Europe 50 Index with settlement in December gained 0.3% to 3,059 as of 7:11 a.m. London time.

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Tue, 05 Nov 2013 11:13:04 GMT

India's private sector continues to contract in October

Private sector in India recorded a modest increase in October with the gauge measuring the activity staying below a level of 50 for the fourth successive month signalling contraction in the sector, a survey published by Markit Economics revealed on Tuesday. India's HSBC composite output index advanced from 46.1 in September to 47.5 in the following month.

Tue, 05 Nov 2013 10:51:04 GMT

Emerging-market equities slide as Indian stocks fall

Emerging-market shares declined on Tuesday and were poised to record the longest losing streak in a five-week period mainly due to a fall of Indian stocks and as China's lenders shrank amid concerns that government may cut industrial overcapacity curbing earnings. The MSCI Emerging Markets Index slipped 0.3% to 1,023.89 as of 2:47 p.m. Hong Kong time.

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