TELETRADER News
12/9/2016, 5:54 PM (Source: TeleTrader)
more TeleTrader news

Shares in Europe climb but Italian banks weigh

The joint currency of 19 European states declined further and stock indexes in the main markets in the continent mostly ended moderately higher on Friday, one day after the European Central Bank announced it will continue asset purchases until the end of next year, but at a reduced volume.

Gold fell 0.75% to $1,162.12 per ounce and silver shed 0.3% to $16.96 for one troy ounce (both 5:52 p.m. CET). At the same time, platinum and palladium were 2.61% and 0.2% in the red, respectively. The euro lost 0.69% against the dollar and 0.61% compared to the pound. Sterling ticked 0.06% lower relative to the greenback.

The FTSE 100 added 0.36%. Sky rocketed 33% after revealing it received a takeover offer from Twenty-First Century Fox, but ended the day 26.93% up. ITV benefited most among the media peers, rallying 5.51% on the closing bell. 

The DAX increased 0.22% in Frankfurt, mostly boosted by the healthcare sector. Fresenius Medical Care jumped 3.57% and Fresenius SE & Co. settled 2.65% higher. The CAC 40 advanced 0.6%, with Vivendi as the top performer, rising 5.98%. The FTSE MIB fell 0.59% as concern over the future of the banking sector took financials lower. Banca Monte dei Paschi di Siena tumbled 10.55%. 

Breaking the News / IT