European Factors to Watch-Shares seen steady at open

miércoles 11 de mayo de 2016 01:43 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 May 11 (Reuters) - European stocks were seen opening steady on Wednesday, consolidating on solid gains made in the previous session.

Financial spreadbetters at IG expected Britain's FTSE 100 to open flat. Germany's DAX was seen up by 20 points, or 0.2 percent higher, while France's CAC was seen up by 4 points, or 0.1 percent higher.

The pan-European FTSEurofirst 300 index closed up 0.9 percent on Tuesday, while Greece's benchmark ATG equity index rose 3.1 percent to its highest level for 2016 after euro zone finance ministers offered to grant Greece some debt relief.



ABN Amro, the biggest Dutch bank, reported on Wednesday better than expected earnings for the first quarter, as bad loans fell.