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Equity Market News 06th February 2012

Equity Org Headlines:

Essar Energy adds 3 percent in mostly lower London energy sector

Antofagasta leads miners higher in London

Hunting plc leads energy sector lower

Sports Direct International leads London retailers higher

Pace plc drops 40 percent on profits warning

Royal Bank of Scotland leads London banks lower

Royal Bank of Scotland leads banks, FTSE 100 higher in London

Lloyds Banking Group drops 8 percent on first-quarter loss

Lloyds shares down on PPI claims

Aquarius Platinum adds 7 percent amid mostly lower mining sector

21/07/05

Permalink 05:19:04 pm, Categories: Europe Eurofirst, Main exchanges, Sectors, Technology, Food, 179 words  

Eurozone investors not phased by London attacks

Investors in Europe were little affected by new attacks in London after it became clear that the incidents were much smaller in scale than the deadly bombings of two weeks ago.

The FTSE Eurofirst 300 gained 0.2 percent to 1,164.80. Gainers on the Eurofirst were led by Essilor International, which were up by 4.7 percent to €60.80.

The optical lenses manufacturer reported that its first-half sales were up by 6.7 percent on recovery in its European business and on continuing growth in Asia and Latin America.

Although German business software maker SAP announced that it had surpassed expectations on license sales and operating income, investors were disappointed that the company only reaffirmed its full-year revenue growth forecast at 10 to 12 percent. Shares in SAP were down 1.4 percent to €145.50.

French dairy and food group Danone was also down despite good news from the first half as analysts said that the company was showing signs of a slowdown and as the company’s chairman made remarks that investors took to indicate that the would oppose a rumored takeover bid by PepsiCo. Danone lost 5.2 percent on the day to €87.85.

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