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Euroshares open higher as Wall St seen gaining; oil eases

finanznachrichten.de
07-Jul-2008
        
Story Timeline:  96 days

LONDON (Thomson Financial) - Europe's largest exchanges moved higher in opening deals, recovering some of the ground lost on Friday as investors hope their U.S. peers will be in buying mood after their extended Independence Day break, buoyed by retreating oil prices and gains in Asia. At 8:21 a.m., the DJ STOXX 50 was up 23.98 points, or 0.79 percent, at 2860.02 and the DJ STOXX 600 was up 2.77 points, or 0.99 percent, at 282.31. In Asia, the Nikkei closed up 122.15 points, or 0.9 pct, at 13,360.04 as investors chased bargains among recently battered property and banking stocks. The Hang Seng ended the morning up 321.38 points or 1.5 percent, at 21,745.20. Oil prices eased in Asian trading on Monday after Iran offered over the weekend to negotiate on its nuclear drive. New York's main oil futures contract, light sweet crude... [read full story]                    

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UPDATE - Spain's Iberdrola denies merger talks (at Reuters)

 yahoo.com 08-Jul-2008
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Euroshares open higher as Wall St seen gaining; oil eases UPDATE

 finanznachrichten.de 07-Jul-2008
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Euroshares open higher as Wall St seen gaining; oil eases UPDATE

finanznachrichten.de
07-Jul-2008
        

LONDON (Thomson Financial) - Europe's largest exchanges moved higher in opening deals, recovering some of the ground lost on Friday as investors hope their U.S. peers will be in buying mood after their extended Independence Day...