European stocks trading mixed on Wednesday
February 6th, 2008
Unlike the Asian markets which took a bad day, the European stock markets are trading mixed. FTSE 100, Swiss Market and the Stockholm General are marginally in the red while the remaining European stock exchanges are marginally in the green.
The FTSE 100 is down 8.5 points, FTSE 250 down 63.7 points while FTSE All is down 7.90. The FTSE 100 opened in the red, recovered well before reversing its course back to the negative territory. Top gainers so far on the FTSE 100 include Xstrata, Reckitt Benckiser Group, Anglo American while BHP Billiton, Johnson Matthey, Vedanta Resources, AstraZeneca and Standard Chartered amongst others.
A leading business portal recently said that Vedanta Resources Plc is planning an initial public offer (IPO) for Sterlite Energy, its Indian unit, in the next few months.
1 U.S. dollar = 0.674854906 Euros
1 U.S. dollar = 0.506945149 British pounds
Entry Filed under: Global Markets
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