Egypt joins Geneva negotiations on Global Plastics Treaty, calls for urgent agreement    Egypt delivers over 30 million health services through public hospitals in H1 2025    Madinet Masr in talks for three land plots in Riyadh as part of Saudi expansion    Egypt's PM tells Palestinian PM that Rafah crossing is working 24/7 for aid    Egypt, Japan discuss economic ties, preparations for TICAD conference    Real Estate Developers urge flexible land pricing, streamlined licensing, and dollar-based transactions    Egypt's Sisi pledges full state support for telecoms, tech investment    EGP inches down vs. USD at Sunday's trading close    EGX launches 1st phone app    Escalation in Gaza, West Bank as Israeli strikes continue amid mounting international criticism    Egypt recovers collection of ancient artefacts from Netherlands    Egypt, UNDP discuss outcomes of joint projects, future environmental cooperation    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    After Putin summit, Trump says peace deal is best way to end Ukraine war    Egypt, Namibia explore closer pharmaceutical cooperation    Jordan condemns Israeli PM remarks on 'Greater Israel'    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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European Stocks Rebound; Vestas, ING Rally
Published in Amwal Al Ghad on 06 - 11 - 2013

European stock markets opened higher on Wednesday, recouping losses seen the prior day, as banks and mining firms were on the rise. Investors awaited key events later in the week, including the European Central Bank's rate decision on Thursday and the highly anticipated U.S. nonfarm-payrolls report on Friday.
The Stoxx Europe 600 index XX:SXXP +0.56% gained 0.6% to 323.68, recovering from a 0.2% loss on Tuesday, when a cut to the euro zone's 2014 growth forecast hurt sentiment. Shares of ING Groep NV NL:INGA +4.14% climbed 4% after the Dutch bank reported a rise in third-quarter underlying profit.
Vestas Wind Systems AS DK:VWS +7.01%rallied 7.6% after the wind-turbine maker narrowed its loss in the third quarter. Miners were also on the rise, tracking metals prices higher.
Rio Tinto PLC UK:RIO +1.35%RIO +0.02% AU:RIO +1.39% gained 1.4%, and BHP Billiton PLC UK:BLT +1.37% BHP +0.07%AU:BHP +0.63% added 1.3%.
Among country-specific indexes, the U.K.'s FTSE 100 indexUK:UKX +0.26% rose 0.3% to 6,764.35 and France's CAC 40 index FR:PX1 +0.78% jumped 0.8% to 4,287.26. Germany's DAX 30 index DX:DAX +0.47% gained 0.5% to 9,053.19.
Source: MarketWatch


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