European Factors to Watch-Shares to edge up; Holcim-Lafarge in focus

viernes 20 de marzo de 2015 03:30 GYT

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LONDON, March 20 (Reuters) - European shares were indicated to edge higher at the open on Friday, setting up an index of euro zone blue chips for its seventh consecutive weekly gain.

Futures for the Euro STOXX 50 equity index, Britain's FTSE 100 , Germany's DAX and France's CAC were between 0.1 percent and 0.2 percent higher at 0729 GMT.

The Euro STOXX 50 index was heading for its seventh straight weekly gain, extending a rally fuelled by the European Central Bank's bond-buying programme, which has depressed bond yields and knocked down the euro .

Holcim and Lafarge were set to be in focus after they agreed to new terms over their planned multi-billion-euro merger, which would create the world's biggest cement firm, including agreeing to a new share-swap ratio for the deal.

German biotech company Evotec was seen opening 9 percent higher after it announced late on Thursday that it had agreed an alliance with Sanofi to cooperate on mostly oncology-related projects.

Some volatility could be on the cards due to the expiry of monthly and quarterly futures and options.

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