Oil and drugs support European equity indices
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European equity markets pushed higher on Monday, following the lead of Wall Street futures, as defensive drugs and oil groups supported the main indices.
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Basic producers helped European shares turn positive on Friday, but telecoms firm Cable & Wireless bucked the firmer trend after unveiling a hefty investment and volatile oil prices kept investors cautious.
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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 stock markets advanced slightly in morning deals after gains by rival global indices, while energy majors benefited from a brief surge in crude prices, dealers said.
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Major regional indexes close in the red on early hike in crude prices and Coca-Cola profit warning. PARIS  - European shares fell on Wednesday as an early session rise in oil prices stoked concern
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European stock markets have climbed as investors drew comfort from falling crude oil prices, and after an overnight bounce on Wall Street.
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LONDON: European stocks posted firm gains yesterday as takeover speculation provided a boost to sentiment and drug makers rebounded from last week&#39;s heavy falls.
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European equity markets were expected to open little changed on Thursday after rallying in the previous session in anticipation of the decision to hold US interest unchanged by the Federal Reserve. Strong results from Pernod Ricard provided some early cheer for investors on Thursday while merger activity and bid speculation in the pharmaceuticals sector was expected to lift sentiment.
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European stock markets were advancing as oil-exposed stocks benefited from crude prices sinking beneath 60 dollars per barrel.
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European equity markets edged slightly lower shortly after the opening on Thursday after rallying in the previous session but a major deal in the pharmaceutical sector boosted sentiment and results from Pernod Ricard provided further early interest.
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European shares clung to 2-1/2 year highs on Wednesday after U.S. blue chips hit their best level in 3-1/2 years, with drugmaker AstraZeneca starring after Japan gave the green light to a key drug.
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European equities recovered from an early sell-off Wednesday after a strong open on Wall Street helped spark a rally in financial stocks, and rising oil prices lifted the energy sector.
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Black Sea resorts, fuel retailer Petrol and veterinary drug maker Biovet rallied Monday pushing Bulgaria's stock index SOFIX 1.67 points or 0.28% up to 607.24 points.
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European stock markets rose in early deals, showing resilience in the face of record high oil prices.
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European equity markets bounced on Tuesday led higher by pharmaceutical companies and telecoms stocks as investors continued to favour defensive sectors.
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A rally in oil prices toward $50 a  barrel helped push down European shares on Monday, while the  dollar's recent rebound stalled ahead of meetings next week of  the U.S. Federal Reserve and the Group of Seven rich nations.  Euro zone government bond yields fell in sympathy with U.S.  Treasuries on a report that Federal Reserve Chairman Alan  Greenspan was happy to keep to a measured pace of rate hikes.
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Strong earnings figures helped European equity markets make a positive start to trading on Tuesday but gains were pared by early afternoon amid weakness in the real estate, tobacco and pharmaceutical sectors.