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Wednesday, June 4, 2008
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FTSE closes up as RBS dominates trading
Summary from United States, from articles in English
Wall Street stocks extended their losses in a bumpy session as financial stocks stumbled and a rally in the material and technology sectors petered out in mid-afternoon. (article 3) Shares in the Lloyd's List publisher climbed 4.8 per cent to 386¾p after Cazenove advised clients to "buy" on weakness. (article 4) Supermarket gains lit a fire under the whole sector with French group PPR up 2.9 per cent to €85.40, Spain's Inditex rising 4.1 per cent to €32.23 and Sweden's Hennes & Mauritz up 1.2 per cent to SKr330.50. (article 2) European companies suffered a bigger fall in first-quarter profits than their US counterparts in a striking contrast to the underlying performance of their home economies. (article 6) Japanese companies are raising their dividends in spite of forecasting sluggish or negative earnings growth this year, boosting shares and contributing to gains in Japanese markets. (article 5) European stock markets lurched downwards on Monday, ending a three-day winning streak, as problems at UK lender Bradford & Bingley sent shudders through the banking sector. (article 1) The FTSE Eurofirst 300 fell 1.1 per cent to 1,319.13 points as investors used worries in the British banking sector as a cue to take profits after last week's rally. (article 1)

Other summaries about this story:
  • Summary from multiple countries, from articles in English (7 articles) [compare]
  • Summary from the United Kingdom, from articles in English (1 articles) [compare]

  • Event tracking:
  • Track this story's development in time

  • Story keywords
    cent, €, Shares, sector, FTSE

    Source articles
    1. Julius Baer and UBS bear the brunt (ft.com, 06/02/2008, 584 words)
    2. Retailers lead European shares higher (ft.com, 06/03/2008, 571 words)
    3. Wall St gives up gains in volatile session (ft.com, 06/03/2008, 449 words)
    4. FTSE closes up as RBS dominates trading (ft.com, 06/03/2008, 699 words)
    5. Raised dividend fillip for Japan (ft.com, 06/02/2008, 614 words)
    6. European companies hit harder than US rivals (ft.com, 06/03/2008, 467 words)




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