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European shares: European shares steady after steep sell-off - The TheIndianSubcontinentNever miss a great news story!Get instant notifications from TheIndianSubcontinentAllowNot nowYou can switch off notifications anytime using browser settings.NewsStock Analysis, IPO, Mutual Funds, Bonds - MoreMarkets in Italy, Austria and Greece were shut for a public holiday.

Reuters|Aug 15, 2019, 01.01 PM ISTGetty ImagesLondon's FTSE 100 index was the only major index in the red with oil majors leading declines as crude prices slumped.European shares edged higher on Thursday, after a brutal sell-off was fueled by global recessionary fears, but investors were hoping central banks would step in to ease monetary policy and soothe markets. The pan-European STOXX 600 index rose 0.2 per cent by 0710 GMT, gaining some ground after dropping to near six-month lows hit in the previous session. London's FTSE 100 index was the only major index in the red with oil majors leading declines as crude prices slumped. In earnings news, strong numbers from beer maker Carlsberg and shipping group A.P.

Moller-Maersk pushed shares of both Danish companies higher. Drillisch and United Internet slid lower, after the German telecom firms cut their profit outlook. Markets in Italy, Austria and Greece were shut for a public holiday.

European shares dip as global growth worries persistHost of global worries drive European shares lowerChina reprieve lifts European shares, Adidas disappointsChemical deals lift European shares, banks weighCommenting feature is disabled in your country/region.Browse CompaniesABCDEFGHIJKLMNOPQRSTUVWXYZ|123456789To see your saved stories, click on link hightlighted in bold





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