🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Europe open: Shares edge ahead after weak Asia data

Published 15/11/2022, 08:45
© Reuters Europe open: Shares edge ahead after weak Asia data
UK100
-
VOD
-
BAES
-
FXXPc1
-
STOXX
-
0MJF
-

Sharecast - The pan-European Stoxx 600 was up 0.10% at 0827 GMT. All major bourses were up bar the UK FTSE 100 which was flat after Britain's unemployment rate rose to 3.6% in the three months to September.

Sentiment was knocked by data showing Chinese retail sales and factory output were by Covid-19 restrictions. Meanwhile, the Japanese economy unexpectedly shrank for the first time in a year in the third quarter.

In equity news, shares in Vodafone (LON:VOD) fell as the telecoms giant said it expected annual earnings to be at the lower end of guidance.

BAE Systems (LON:BAES) gained as it tipped forecast more growth in 2023 on elevated geopolitical tensions.

Danish medical equipment maker Ambu fell 15% as fourth quarter results disappointed investors.

Reporting by Frank Prenesti for Sharecast.com

Read more on Sharecast.com

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.