European Factors to Watch-Equity futures rise as Chinese data buoys markets

miércoles 13 de abril de 2016 02:18 GYT
 

(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report)

LONDON, April 13 (Reuters) - European equity futures rose on Wednesday, as upbeat Chinese trade data buoyed global stock markets.

Futures on the Euro STOXX 50, Germany's DAX and France's CAC were all up between 1.2-1.4 percent, while Britain's FTSE futures rose 0.7 percent.

China's exports in March returned to growth for the first time in nine months, adding to further signs of stabilisation in the world's second-largest economy that cheered regional investors.

The pan-European FTSEurofirst 300 index closed up 0.6 percent on Tuesday, helped by gains at mining stocks which could outperform again on Wednesday given the solid data from China, which is the world's biggest consumer of metals.

COMPANY NEWS:

ABI /SABMILLER :

Anheuser-Busch InBev has formally informed European Union antitrust regulators of its plan to sell SABMiller's premium European brands to try to secure approval for its $100 billion-plus takeover of the London-based brewer.   Continuación...