|
Because Swedish industrial group SKF company boosted earnings better than expected, the European stock markets on Tuesday (July 16) opened up, continue to the end of June 2013 recorded lows. Beijing time 15:05, FTSEurofirst 300 index rose 0.1 percent to 1,201 points, the euro zone STOXX 50 index rose 0.1 percent at 2,689.73 points. SKF as the world's largest bearing manufacturer, its shares rose 2.3 percent, after the company reported second quarter earnings, better than expected level of earnings decline.SKF's shares rose reflects European economy is slowly recovering, the joint self-interest bank (UBP) fund manager Scott Meech also said that a lot of signs shows that European economy began to slow recovery, which means that now is to re-appropriate time to buy European stocks. Meech said, "because money is back, and the economic conditions are improving, re-examine the European concern." FAG HCS71916C.T.P4S.UL| FAG HCS71913E.T.P4S.UL | FAG HCS71914C.T.P4S.UL | FAG HCS71912E.T.P4S.UL | FAG HCS71911E.T.P4S.UL | FAG HCS7010C.T.P4S.UL | FAG HCS71906E.T.P4S.UL | FAG HCS7008C.T.P4S.UL | FAG HCS71906C.T.P4S.UL | FAG HCS71905E.T.P4S.UL |
