[BENGALURU] European shares snapped a four session winning run on Thursday, as bank stocks drew close attention after sources said Italy's UniCredit was interested in buying Germany's Commerzbank.
"Unicredit is in alright shape for a euro zone bank, but given that profit margins are low in the already oversaturated German banking sector, some traders are wondering, would it be a wise move," wrote David Madden, a market analyst at CMC Markets UK. Italian stocks fell 0.2 per cent on the day, with sentiment clouded by a report the country's government will cut its 2019 economic growth forecast.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe: Stocks hit six-month high as automakers, insurers gain[BENGALURU] European shares hit their highest in half a year on Tuesday, buoyed by autos and insurance stocks and gains among export-heavy London stocks as Brexit uncertainty weakened the pound. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Stocks rally at open[LONDON] European stock markets rose solidly at the start of trading of Monday following strong gains in Asia. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US: Stocks in split finish as China trade talks drag onUS: Stocks in split finish as China trade talks drag on
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore stocks: STI resumes Thursday afternoon at 3,312.42, up 0.03% on daySINGAPORE stocks edged up as trading resumed on Thursday afternoon, with the Straits Times Index advancing 0.03 per cent or 1.15 points on the day to 3,312.42 as at 1.04pm. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US: Stocks push higher on trade deal optimism[NEW YORK] Wall Street stocks rose on Wednesday, shrugging off disappointing economic data to advance amid optimism over US-China trade talks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Junk bonds suggest US stocks may have further to runU.S. stocks just wrapped up their best quarter in nearly a decade, coming within a stone's throw of a record high.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tokyo: Stocks open lower on Thursday[TOKYO] Tokyo stocks opened lower on Thursday as investors locked in profits on recent gains. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Stocks to watch: SingPost, China Everbright, Swee Hong, Eneco Energy, Metech InternationalTHE following companies saw new developments that may affect trading of their shares on Thursday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hong Kong: Stocks open slightly lower on Thursday[HONG KONG] Hong Kong stocks edged down in the first few minutes of business on Thursday as investors took their foot off the pedal after a seven-day winning streak. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
World stocks rally to six-month highs on US-China trade optimismWorld stocks rallied to six-month highs on Wednesday as investors cheered signs of progress in U.S.-China trade talks and reassuring economic ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »