CAC 40 Rises Led By Banks

French stocks edged higher on Friday and the euro was seeing marginal gains against the U.S. dollar as trading resumed after the Christmas holidays. The benchmark CAC 40 was up 21 points, or 0.3 percent, at 7,304 in cautious trade. Banks traded higher, with BNP Paribas, Credit Agricole and Societe Generale rising 1-2 percent amid...

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FTSE 100 Marginally Lower In Quiet Trade

U.K. stocks were muted on Friday as trading resumed after a two-day break for Christmas holidays. The benchmark FTSE 100 was marginally lower at 8,130.70 amid a quiet day on the economic front. Energy giant BP Plc rose 0.3 percent and peer Shell was marginally higher, as oil ticked up and remained on track for...

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Pound Strengthens Against Majors

The pound appreciated against its major counterparts in the New York session on Friday. The pound rose to 8-day highs of 198.50 against the yen and 1.1346 against the franc, from an early low of 197.21 and a 4-day low of 1.1254, respectively. The pound advanced to a 1-week high of 1.2592 against the greenback...

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European Markets Close Higher

European stocks closed higher on Friday, as investors made some purchases at several counters as markets resumed trading after Christmas holidays. Activity was a bit subdued in most of the markets in the region amid a lack of triggers, and ahead of the New Year holidays coming up next week. Frances new premier Francois Bayrou...

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