FTSE 100 index 0.2% on Thursday afternoon

Source: Dukascopy Bank
British FTSE 100 index recovered on Thursday lifted by financial and resource stocks as commodity prices climbed. The gains were limited as Spain sold its benchmark 10-year bonds at higher yield than at previous auction. Hargreaves Lansdown rallied 3.6% on news its assets surged by GBP 2.6 billion in the 1st quarter, reaching GBP 26 billion. Engineering group IMI gained 2.7%, after Jefferies upgraded the share from hold to buy. Man Group extended loss for a second straight day and tumbled 5.8%. At the moment of writing FTSE 100 trades 0.21% or 12.70 points up at 5,757.46.

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Thu, 19 Apr 2012 14:03:15 GMT

German DAX edges lower after US jobs report

German DAX index traded mixed on Thursday. It climbed in the first half of session but retreated later as US jobless claims unexpectedly increased to 386 000 last week. Carmakers and financials led the losses for the index. BMW AG and Daimler AG each dropped 0.5% and 2.2% respectively while Commerzbank and Deutsche Bank slipped 1.3% and 0.8%. Beiersdorf jumped

Thu, 19 Apr 2012 12:15:15 GMT

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