European shares flat as KPN stocks advance

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix\Reuters

European shares remained steady as investors expected U.S. durable-good order report. The Stoxx Europe 600 Index increased less than 0.1% to 304.79, adding to signs the index has jumped 9% this year. Royal KPN NV inched up 2.4% as American Movil SAB shareholders agreed to sell its German company to Telefonica Deutschland Holding AG.

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Mon, 26 Aug 2013 08:43:32 GMT

Gold hovers as investors weigh QE as home sales fall

Gold fluctuated between gains and losses, following an advanced to the highest figure since June, while investors weighed the prospects for QE measures in the U.S., with a decline in new-home sales. Bullion for immediate settlement jumped 0.7% to $1,407.18 per ounce, the highest level since June 7, head of falling 0.5%. The December gold contract rallied 0.8% to $1,407.

Mon, 26 Aug 2013 08:54:03 GMT

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