Energy sector fuels gains on Europe's bourses
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European equities shrugged off negative sentiment on Wall Street to end narrowly higher as rising commodities prices gave a lift to energy and resources companies across the continent.
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Europe&#39;s main stock markets jumped higher thanks to takeover talk in the banking, travel and stock exchange sectors, dealers said Wednesday.
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Commodity-related stocks propelled European shares to 5-1/2 year highs on Wednesday after a jump in oil and copper prices, while mergers and acquisitions buoyed selected chemicals and financial stocks.
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European equity markets have advanced after Wall Street's Dow Jones shares index hit an overnight record on plunging energy prices, but the aerospace sector flew into turbulence, dealers said.
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European equities flirted with 5-month peaks as hopes that economic growth was sustainable and a small dip in oil prices helped lure investors back to recent underperformers such as technology and insurance stocks.
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A new wave of bid activity helped European stock markets defy the gloom in the financial sector this week.
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European stock markets rose on Monday and some hit multi-month highs as the dollar steadied and U.S. crude oil prices held below &#36;50 a barrel.
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European stock markets have risen after they were supported by the commodity and airline sectors, a day after surging in response to healthy US growth data.
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European shares opened higher on Friday, boosted by a strong post-election rally on Wall Street overnight and a fall in oil prices to a five-week low.
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European equities rallied on Friday, recovering their poise after losses in the previous session sparked by concerns over the prospect of rising interest rates.
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European equity markets staged a rebound on Tuesday, helped by a recovery in the banking and real estate sectors, which were battered in the previous session.
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European equities rose on Thursday, helped by encouraging corporate results and strength in the financial sector. The FTSE Eurofirst 300 gained 1.3 per cent to 1,486.10.
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European equities swung higher on Tuesday after traders latched on to positive news from Germany and the US, giving battered cyclical stocks a lift.
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European equity markets ticked higher on Tuesday as retailers took some of the sting out of losses for oil stocks.
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European stocks were higher on Wednesday, mirroring gains on Wall Street and in Asia, with further takeover activity in the Spanish utilities sector enlivening the session.
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European equities turned higher after early losses on Tuesday thanks to earnings and upgrades offsetting losses for financial stocks.
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European equities markets recovered from early losses to finish a volatile session higher on Wednesday, reflecting a rebound in US equities on Wall Street.