Banking sector helps lift market
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The Australian share market has rallied from yesterday&#39;s negative close to finish seven points higher at 3,728. Solid gains in banking stocks stopped the market heading into the red on the back of a weaker resource sector.
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Stocks rebounded on Friday from the previous session's sell-off, with energy stocks in the lead as crude prices rose and financial stocks gained on a report banks are planning to sell assets to shore up capital.
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Growth among Indian companies, contracts for financial and other business services helped sector bounce back, report says.
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Europe&#39;s main stock markets rebounded on Thursday as investors geared up for interest rate decisions from the European Central Bank and the Bank of England.
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Stocks climbed on Friday, with gains on all three major indexes topping 1 percent, as strong results from Research in Motion lifted the technology sector while a report of another overseas investment in a U.S. investment bank boosted financial stocks.
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Financial stocks got a lift Tuesday as speculation about merger and acquisition activity was injected into the market after Citigroup Inc.
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The FTSE 100 bounced back on Thursday after better news from the retail sector and a continued rebound among the property companies.
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Stocks advanced on Thursday as a rebound in global equity markets helped boost investment banks' shares and strong earnings from U.S. retailers on strong monthly sales allayed worries about the economy's health.
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The resurgent banking sector helped the leading share index close in positive territory following reports of a bid approach for Northern Rock, dealers said Thursday.
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London equities made strong gains on Monday, with banking stocks at the forefront of the rally at the start of a busy week for newsflow in the sector.
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Stocks rose on Thursday after a Wall Street Journal report that Bank of America  is in talks to buy mortgage lender Countrywide Financial Corp  sent financial stocks higher.
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The latest monthly data has carriers' shares lifting higher.
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The FTSE 100 climbed above 6,000 on Tuesday afternoon as dealers digested the latest developments in the banking sector.
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Shares in London rose on Tuesday thanks to a rebound in the mining sector.
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European tobacco stocks were lifted by bid activity on Thursday which helped equity markets nudge higher, while interest rate decisions by both the Bank of England and the European Central Bank went as expected.
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Stocks rallied on Friday as strong results from Research in Motion lifted the technology sector while a report of another overseas investment in a U.S. investment bank boosted financial stocks.
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Stocks rebounded in early trading after Goldman Sachs and Best Buy posted solid profit gains and central banks issued billions of dollars in loans to the worldâs commercial banks.