amwalalghad :: Europe Shares Wobble Ahead of EU Summit

Your English Portal To Arab Economy

Orascom Construction Industrie   233.79        Arab Cotton Ginning   3.54        Upper Egypt Contracting   1.05        National Societe Generale Bank   27.9        Upper Egypt Flour Mills   49.59        Orascom Telecom Holding (OT)   4.62        International Agricultural Pro   2.86        Citadel Capital - Common Share   3.34        National Real Estate Bank for    17.55        Medinet Nasr Housing   24.47        Egyptians Housing Development    2.88        Egyptian Real Estate Group   11.15        Pioneers Holding   3.98        Egyptian Financial Group-Herme   9.22        Telecom Egypt   13.5        ARAB POLVARA SPINNING & WEAVIN   2.92        Alexandria Spinning & Weaving    1.04        Egyptian for Tourism Resorts   0.92        Egyptian Kuwaiti Holding   1        Six of October Development & I   20.38        Kafr El Zayat Pesticides   26.91        Palm Hills Development Company   2.29        Commercial International Bank    34.55        T M G Holding   4.16        El Watany Bank of Egypt   16.84        Zahraa Maadi Investment & Deve   51.8        Ezz Steel   9.83        Egyptians Abroad for Investmen   4.29        National Development Bank   8.16        United Housing & Development   9.09        Egyptian Electrical Cables   0.67        ELSWEDY CABLES   20        Egyptian Iron & Steel   10.45        Raya Holding For Technology An   5.27        Ismailia National Food Industr   8.36        Delta Construction & Rebuildin   5.7        Modern Company For Water Proof   1.64        Paper Middle East (Simo)   7.4        General Company For Land Recla   27.53        Ismailia Misr Poultry   3.86        Universal For Paper and Packag   6.89        General Silos & Storage   15.12        Asek Company for Mining - Asco   9.36        Alexandria Cement   11.88        Sidi Kerir Petrochemicals   13.09        Alexandria Mineral Oils Compan   67.65        Lecico Egypt   7.88        Egyptian Starch & Glucose   8.77        Export Development Bank of Egy   6.05        EL Ezz Aldekhela Steel - Alexa   468.87        Middle & West Delta Flour Mill   32.16        Egyptian Financial & Industria   9.21        Union National Bank - Egypt "    4.65        El Arabia for Investment & Dev   0.45        Egyptian for Developing Buildi   10.23        Remco for Touristic Villages C   2.2        South Valley Cement   4.07        Egyptian Media Production City   3.09        Egyptian Chemical Industries (   10.43        Gharbia Islamic Housing Develo   13.35        Ceramic & Porcelain   3.94        Arab Valves Company   1.47        Acrow Misr   21.53        El Shams Housing & Urbanizatio   3.28        Glaxo Smith Kline   9.46        Arab Aluminum   27.99        Housing & Development Bank   14.65        Rakta Paper Manufacturing   6.94        Arab Ceramics (Aracemco)   24        Egyptian Transport (EGYTRANS)   10.26        Middle Egypt Flour Mills   7.1        United Arab Shipping   0.63        Misr Hotels   30        Canal Shipping Agencies   12.16        El Ahli Investment and Develop   7.24        Delta Insurance   5.99        Credit Agricole Egypt   11.04        Samad Misr -EGYFERT   5.27        Heliopolis Housing   22.01        Misr Chemical Industries   6.56        Egypt for Poultry   2.03        Prime Holding   1.28        El Ezz Porcelain (Gemma)   2.83        GMC GROUP FOR INDUSTRIAL COMME   2.01        Torah Cement   26.66        Mena Touristic & Real Estate I   1.69        Sharkia National Food   5.04        Paint & Chemicals Industries (   41        Faisal Islamic Bank of Egypt -   7.01        TransOceans Tours   0.11        Cairo Poultry   9.58        Suez Canal Bank   4.65        Gulf Canadian Real Estate Inve   27.53        Maridive & oil services   1.03        El Kahera Housing   6.14        Mansourah Poultry   15.42        Northern Upper Egypt Developme   7.7        Misr Duty Free Shops   3.43        Cairo Pharmaceuticals   20        Grand Capital   5.8        National company for maize pro   15.01        Arab Gathering Investment   24.73        Egyptian Gulf Bank   1.38        Egyptian International Pharmac   42.99        Cairo Oils & Soap   16.5        Giza General Contracting   17.48        Abou Kir Fertilizers   138        East Delta Flour Mills   33.22        Misr Cement (Qena)   67.19        Sinai Cement   18.92        Eastern Tobacco   100        El Arabia for Land Reclamation   18.5        Arab Real Estate Investment (A   0.46        El Nasr Clothes & Textiles (Ka   0.64        Extracted Oils   0.79        Engineering Industries (ICON)   4.76        UTOPIA   7.09        Oriental Weavers   22        Al Moasher for Programming and   1.05        Naeem Holding   0.22        Egyptian Company for Mobile Se   126.05        Rowad Tourism (Al Rowad)   7.41        Naeem portfolio and fund Manag   2.26        Barbary Investment Group ( BIG   1.08        Egyptian Arabian (cmar) Securi   0.47        Delta Sugar   12.01        Cairo Development and Investme   15.85        Faisal Islamic Bank of Egypt -   41.3        Minapharm Pharmaceuticals   27        National Cement   11.62        Tourism Urbanization   7.3        Cairo Investment & Real Estate   13.86        South Cairo & Giza Mills & Bak   25        El Kahera El Watania Investmen   6.92        North Cairo Mills   16.43        El Nasr For Manufacturing Agri   14.06        Development & Engineering Cons   9.57        Alexandria Containers and good   91.5        El Arabia Engineering Industri   15.62        

Europe Shares Wobble Ahead of EU Summit


Published Thursday, 28 June 2012 10:39 | Written by Amwal Al Ghad

PDF
Print
E-mail

European stock markets struggled for direction in early trade on Thursday, ahead of a keenly watched European Union summit, as investors feared the region’s leaders wouldn’t agree on adequate measures to tackle the debt crisis.

The Stoxx Europe 600 index (XX:SXXP) -0.56% inched 0.3% lower to 245.06 in choppy action, after rallying 1.4% on Wednesday.

Markets have been volatile recently as investors remained skeptical that European leaders would produce a road map to contain the euro zone’s problems when they meet for a two-day summit in Brussels starting Thursday.

On Wednesday, Spanish Prime Minister Mariano Rajoy called for “urgent” mechanisms to help control the country’s surging borrowing costs, according to Dow Jones Newswires, while German Chancellor Angela Merkel pushed against calls for shared debt liabilities in the euro zone, such as Eurobonds.

Related news

Banks headed lower ahead of the summit, with U.K. banks weighing the most on the pan-European index, Market Watch reported. 

HSBC Holdings PLC (UK:HSBA) -1.54% HBC +1.64% lost 1.5%, Barclays PLC (UK:BARC) -3.19% BCS +1.31% shed 1.6% and Standard Chartered PLC (UK:STAN) -1.60% gave up 1%.

The FTSE 100 index (UK:UKX) -0.69% slipped 0.2% to 5,510.59.

In France, banks added pressure to the benchmark CAC 40 index (FR:PX1) -0.86%, which traded 0.7% lower at 3,042.30.

BNP Paribas SA (FR:BNP) -0.78% fell 2.2%, Société Générale SA (FR:GLE) -0.41% lost 1.9% and Credit Agricole SA (FR:ACA) -0.46% tripped 1.9%.

German banks Commerzbank AG (DE:CBK) -4.62% and Deutsche Bank AG (DE:DBK) -2.59% slumped 4.3% and 1.4% respectively.

The DAX 30 index (DX:DAX) -1.01% gave up 0.2% to 3,397.44, although supported by Daimler AG (DE:DAI) +0.11% . The car maker rose 1.4% after Daimler Trucks affirmed its financial targets for fiscal 2012 and an 8% margin target for 2013.

Money Markets Videos »

شاهد الفيديو

UFXMarkets *Daily Forex Currency Trading News* 13-June-2012

شاهد الفيديو

Global Economy `Modestly' Improving; Oil Price; Fed

شاهد الفيديو

Marketfield's Aronstein on Stock Market Strategy

شاهد الفيديو

UFXMarkets *Daily Forex Currency Trading News* 6-June-2012