European stocks rise amid telecommunications companies gain

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Source: Bloomberg
© Scanpix/RS
European shares increased on Tuesday after they dropped two days in a row, when the increase was led by the telecommunication sector overshadowing consumer confidence in the US matching initial forecast. The benchmark Stoxx Europe 600 Index gained 0.2% to 313.2 and it has advanced 5.3% in September and 12% so far this year.

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Wed, 25 Sep 2013 07:49:04 GMT

Sterling is little changed against greenback

The British currency was little changed against the greenback and the 17-nation currency ahead of U.K. economic data that are predicted to show a growth. The Sterling was little changed at $1.5989 at 7:48 a.m. in London after advancing to $1.6163 on September 18, the strongest since January 11, while the Pound traded at 84.24 pence per Euro.

Tue, 24 Sep 2013 20:09:04 GMT

US home price index rises less than forecast

US home prices in major metropolitan areas increased by a lower rate than economists initially estimated in July, the annual rate matched the expectations though, Standard & Poor's reported on Tuesday. The S&P/Case-Shiller 20-City Composite Home Price Index added 0.6% on a monthly basis in July after it rose 0.9% in the month before.

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