FTSE advances ahead of the U.S. jobless report

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Source: Dukascopy Bank SA
U.K. equities traded green on Thursday, as analysts waited for a new report on jobless-benefit claims in the U.S. The FTSE 100 Index surged 0.3%, or 21.90 points, to 6,407.81 at 12:42 p.m. GMT. In addition, the index grew for a fourth consecutive day and is estimated to have the biggest weekly rise in three months. Consumer goods sector was one of the leading with Marks & Spencer Group PLC jumping 3.7% to 399.8 pence after posting the seventh straight quarterly drop in its sales. Furthermore, IMI PLC added 2.6% to 1,264 pence. Weir Group PLC, a Scottish engineering company, followed with a 2% increase to trade at 2,335 pence. Meanwhile, Evraz PLC plunged 9.9% to 188.5 pence, as the company announced a $335 million loss in 2012. Eurasian Natural Resources Corp PLC lost 3.1% to 261.3 pence, pushing basic materials sector into the red zone. Fresnillo PLC traded down 3.4% to 1,278 pence.
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Thu, 11 Apr 2013 14:17:33 GMT

DAX up as investors wait for U.S. jobless data

European shares climbed on Thursday ahead of the U.S. unemployment data. The DAX Index added 0.5% to 7,848.20 points, close to its highest value since 2007. 18 out of 30 companies included in the gauge posted gains. Linde AG, a German engineering company, surged 1.5% to 143.70 euros, pushing the industrial sector into the green zone. The company has today

Thu, 11 Apr 2013 14:57:34 GMT

Nigerian Naira depreciates on investors transactions

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