Europe shares down by midday; credit outweighs M&A

(Reuters) - European shares traded down by midday on Monday, led by financial stocks as they bore the brunt of concerns over credit markets and by oil shares, which tracked a fall in crude.

At 1035 GMT, the FTSEurofirst 300 index of top European shares was down 0.4 percent, heading for its eighth day of losses in the last 10 sessions and off 7.7 percent from a 6-1/2 year high of 1,635.58 on July 13.


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European shares bounce back, carmakers rally

(Reuters) - European shares reversed early sharp losses on Friday to rise nearly 0.7 percent on the day as robust corporate results from car makers helped offset worries over the credit market and the health of the U.S. economy.

At 0901 GMT, the pan-European FTSEurofirst 300 index was up 0.58 percent, at 1,536.49 points, after falling more than 1 percent in early trade. It dropped 2.8 percent on Thursday on signs of deteriorating conditions for corporate buyouts and further weakness in the U.S. housing market.


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GLOBAL MARKETS-Stocks, dollar stabilise after battering

(Reuters) - Credit spreads narrowed after blowing out earlier this week
on troubles at the U.S. high-risk subprime mortgage sector. U.S.
stock futures pointed to a firmer open on Wall Street a day
after posting their worst one-day performance since March.




The FTSEurofirst 300 index turned slightly into
positive territory after hitting a one-month low. U.S. stock
futures also rose after Web retailer Amazon.com
reported strong profit and raised its outlook.


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GLOBAL MARKETS-Equities rebound but credit worries remain

(Reuters) - Credit spreads in Europe tightened after widening some 30
basis points a day earlier.




The FTSEurofirst 300 index of top European shares
rose 0.8 percent, as did London's FTSE 100 index ,
Frankfurt's DAX and Paris's CAC 40 .


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European shares slip in early trade, oils weigh

(Reuters) - European stocks slipped early on Tuesday, led lower by oil shares, as investors continued to worry about the U.S. economy and hunkered down for key inflation data releases that could provide clues on interest rates.

At 0723 GMT, the FTSEurofirst 300 index of top European shares was down 0.4 percent at 1,623.67 points.


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European stocks steady, M&S up on buoyant update

(Reuters) - European stock markets edged up in early trade on Tuesday, with British retailer Marks & Spencer taking pole position with a 3 percent jump after its trading update beat market estimates.

By 0715 GMT, the pan-European FTSEurofirst 300 index was 0.1 percent stronger at 1,627.3, extending a two-day winning run and up nearly 10 percent so far this year.


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European shares mixed in early trade; ICI sparkles

(Reuters) - European shares were mixed early on Monday as acquisition talk spurred gains in British chemicals group ICI but French stocks underperformed after President Nicolas Sarkozy failed to win a forecast landslide in parliamentary polls.

At 0718 GMT, the FTSEurofirst 300 index of top European shares was up 0.03 percent at 1,626.38 points, after rising 3.7 percent last week.


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European shares snap 3-day losing run, Vodafone up

(Reuters) - By 0715 GMT, the pan-European FTSEurofirst 300 index was up 0.5 percent at 1,594.1 after falling 1.6 percent in the previous session when it closed at its lowest since May 17. It fell as much as 2.6 percent this week but is still up 7 percent so far this year.




"There's a strong base effect due to oil prices and probably inflation rates will start to diminish in the second half of this year," said Thierry Lacraz, a strategist at Pictet & Cie.


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European shares rise early, wary of US jobs data

(Reuters) - European shares rose early on Friday, echoing gains in global equities, although investors were cautious ahead of a key read on the U.S. labour market later in the session.

The pan-European FTSEurofirst 300 index rose 0.3 percent to 1,616.72 points, having hit an early six-and-a-half year high of 1,616.98 points.


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