Netherlands stocks lower at close of trade

Netherlands stocks were lower after the close on Wednesday, as losses in the Telecoms, Consumer Goods, and Consumer Services sectors led shares lower. At the close in Amsterdam, the AEX lost 0.24%. The best performers of the session on the AEX were Boskalis Westmin, which rose 2.55% or 0.82 points to trade at 32.91 at the close. Meanwhile, Aegon added 2.41% or 0.085 points to end at 3.619 and NN Group was up 2.21% or 0.52 points to 24.09...

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Spain stocks higher at close of trade; IBEX 35 up 1.18%

Spain stocks were higher after the close on Wednesday, as gains in the Financial Services & Real Estate, Telecoms & IT and Consumer Services sectors led shares higher. At the close in Madrid, the IBEX 35 added 1.18% to hit a new 1-month high. The best performers of the session on the IBEX 35 were Mapfre, which rose 5.36% or 0.114 points to trade at 2.241 at the close. Meanwhile, Banco Santander added 4.43% or 0.164 points to end...

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GM re-evaluates India investment, new car platform on hold

By Aditi Shah NEW DELHI (Reuters) - General Motors is re-evaluating its planned $1 billion investment in India and has put on hold moves to bring a new car platform to India as it re-assesses its strategy in the country, according to company officials. The rethink comes as GM's India sales have fallen nearly 40 percent in the year to end-March, and its share of the domestic passenger vehicle market is now below 1 percent. Sagging sales...

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Corporate raiders seek Brexit bargains in Britain

By Pamela Barbaglia and Freya Berry LONDON (Reuters) - Overseas buyers lured by a plunge in the pound are looking to snare British companies on the cheap, ensuring a steady flow of deals since Britain voted to leave the European Union and defying expectations of an M&A drought. Almost 60 transactions totalling $34.5 billion have been struck by foreign companies for British firms since June 23, according to Thomson Reuters data, compared...

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Stocks and bond yields sink as growth fears set in

By Patrick Graham LONDON (Reuters) - Fear of instability in the European Union and of decades of global stagnation sent stock markets sharply lower on Wednesday as Britain's pound sank below $1.30 for the first time in more than three decades. After a steadier few days as investors digest the shock of Britain's decision to leave the European Union, the implications of another round of financial losses, interest rate cuts and central bank...

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Russia stocks higher at close of trade; MICEX up 0.16%

Russia stocks were higher after the close on Thursday, as gains in the Power, Mining and Telecoms sectors led shares higher. At the close in Moscow, the MICEX gained 0.16%. The best performers of the session on the MICEX were Magnit, which rose 3.59% or 312.0 points to trade at 9012.0 at the close. Meanwhile, Inter rao ees added 3.02% or 0.0740 points to end at 2.5240 and Polymetal International PLC was up 2.68% or 23.00 points to...

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Sterling firms, Asian stocks wobble ahead of Brexit vote

By Saikat Chatterjee HONG KONG (Reuters) - Sterling rose and Asian stocks crept higher in cautious trade on Thursday though many investors sought shelter in safe-haven assets such as the yen and government debt as they braced for Britain's vote on its fate in the European Union. Sterling climbed to a six-month high against the dollar, cementing an impressive 6 percent rise since last week as investors squared short positions ahead of the...

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