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Upbeat earnings, hopes of more ECB stimulus lift mood in Europe

Trader sits at his desk at the Frankfurt stock exchangelinBy Marius Zaharia LONDON (Reuters) - European shares edged up and the euro hit a one-week low against the dollar on Wednesday, driven by upbeat company earnings results and hopes of corporate bond buying by the European Central Bank. Shares in Swiss engineering group ABB gained 3.1 percent after posting a bigger-than-expected rise in orders, helped by demand from the oil and gas industries. Outdoor equipment maker Husqvarna surged 6.1 percent after reporting a rise in earnings that was above forecasts. ...


European shares inch up, earnings help lift sentiment

European shares inched higher in early trading on Wednesday, extending the previous session's sharp gains, with a raft of positive corporate results from companies including ABB and Husqvarna lifting sentiment. ...

GLOBAL MARKETS-Upbeat earnings, hopes of more ECB stimulus lift mood in Europe

* Sources say ECB considering buying corporate bonds * Earnings results beat expectations in Europe, the U.S. * European shares inch up, euro hits one-week low, yields fall LONDON, Oct 22 (Reuters) - European shares edged up and the euro hit a one-week low against the dollar on Wednesday, driven by upbeat company earnings results and hopes of corporate bond buying by the European Central Bank.

Europe shares inch up; earnings help lift sentiment

European shares inched higher in early trading on Wednesday, extending the previous session's sharp gains, with a raft of positive corporate results from companies including ABB and Husqvarna lifting sentiment. ...

MIDEAST STOCKS-UAE, Qatar markets rise on earnings, positive global backdrop

(Updates with markets open) DUBAI, Oct 22 (Reuters) - Markets in the United Arab Emirates and Qatar rose in early trade on Wednesday on the back of solid third-quarter corporate earnings and strengthening global equities. Dubai's index rose 1.8 percent and lender Emirates NBD was one of the main supports, jumping 2.6 percent after it beat analysts' forecasts by a wide margin and reported a doubling of third-quarter net profit. Abu Dhabi's benchmark gained 1.4 percent and Abu Dhabi Commercial Bank was up 1.3 percent. The lender reported a 16. ...

Dewan Housing shares surge after earnings

Reuters Market Eye - Dewan Housing Finance Corp shares surge 9.6 percent, headed towards their biggest daily gain since July. July-September earnings beat some analyst estimates. Profit rose 3 percent to 1.52 billion rupees ($24.8 million). ($1 = 61.2200 rupees) (Reporting by Abhishek Vishnoi)

MIDEAST STOCKS-Markets may recover further on global backdrop, earnings

DUBAI, Oct 22 (Reuters) - Stock markets in the Middle East may continue recovering on Wednesday on the back of generally strong third-quarter results and a supportive global backdrop. Global equities advanced on Tuesday as technology earnings lifted U.S. shares and the prospect of European Central Bank corporate bond purchases boosted European stocks. The Dow Jones industrial average closed 1.3 percent up, the S&P 500 added 2.0 percent and the FTSEurofirst 300 climbed 2.1 percent. Asian stocks also rose in early Wednesday trade. ...

Biocon shares fall after July-Sept earnings

Reuters Market Eye - Biocon Ltd falls 2.7 percent. July-Sept earnings lag some analyst estimates. Margins contracted by 90 bps to 22.8 percent are on account of higher employee costs. Biocon says biopharma business continues to be impacted by factors like geo-political challenges. (Reporting by Abhishek Vishnoi)
 
 
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