Greece's fate capped gains on equities

[katie]

Stocks in Europe rose as banks and miners gained, but Greece's fate capped further gains on equities. Mike Lenhoff, chief strategist at Brewin Dolphin, said: "What we are seeing today is some respite from what has been a fairly steady bout of profit taking which produced oversold conditions. Although quite a lot of the earnings have been supportive for the market, investors seem to be focusing on what is happening in Greece and looking for some detail on the assistance that the European Union members might provide."


France the CAC 40 climbed 10 points to 3,609 while the German DAX improved by 10 points to 5,511. The UK’s FTSE 100 rose 0.5 percent.

[hriti]

European shares slipped on Monday, snapping six days of gains, with chemicals weaker and drugmakers down after AstraZeneca's (AZN.L: Quote, Profile, Research) cancer drug failed in trials, offsetting gains in oils and telecommunication firms.

[namratasnv]

Originally Posted by hriti

European shares slipped on Monday, snapping six days of gains, with chemicals weaker and drugmakers down after AstraZeneca's (AZN.L: Quote, Profile, Research) cancer drug failed in trials, offsetting gains in oils and telecommunication firms.

Hi,

Thanks for letting this know as there are certain things that actually happened and it will soon get recovered.

Thanks