U.K. shares advance following largest fall since 2011; BHP adds

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Source: Bloomberg
© Scanpix\Reuters
U.K. shares jumped, recovering from their largest fall in 21 months, after BHP Billiton Ltd. jumped. The FTSE 100 Index advanced 27.04 points to 4,186.55, after yesterday's largest contract since September 22, 2011. The equity benchmark is set for the fifth week of fall, after the Federal Reserve said if the U.S. economy grows as predicted, the bank will taper stimulus.
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Fri, 21 Jun 2013 10:42:09 GMT

German shares recover following a sell-off

German shares recovered from the last sessions sell-off on Friday, after metals settled and investors looked out for bargains amid tapering concerns over China's credit crisis. The German benchmark DAX advanced 27 points to 7,956 on expiration of European futures and options contracts. The German leading economic index rallied 0.1% and was at 105 in April.

Fri, 21 Jun 2013 10:17:05 GMT

Australian Dollar pares its weekly fall

The Australian currency was headed for its biggest one-week decline against the U.S. Dollar in more than one and a half year after the Fed's Bernanke stated that the officials could end the stimulus programme next year. The Aussie advanced 0.3% to 92.24 U.S. cents at 5:31 p.m. Sydney time from Thursday, when it touched 91.97, while the Kiwi appreciated 0.2% to 77.71 U.S. cents

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