European Factors to Watch-Equity futures rise slightly

miércoles 10 de febrero de 2016 03:46 GYT
 

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LONDON Feb 10 (Reuters) - European equity futures rose slightly on Wednesday, marking a possible rebound on the region's stock markets from this week's slump as concerns linger about the impact on banks from sustained low interest rates around the world.

Futures for the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were all up by 0.3-0.7 percent by 0720 GMT.

Signs of corporate takeover activity could support the stock market, with a Chinese consortium making a bid for Norwegian mobile software company Opera , while the Nikkei newspaper reported that Japan's Asahi Group Holdings has agreed to buy SABMiller's Peroni and Grolsch beer brands.

European shares had fallen for a seventh consecutive session on Tuesday to touch their lowest level in more than two years, with the pan-European FTSEurofirst 300 index closing down 1.6 percent to its lowest point since September 2013.

The euro zone's banking index was also set for its seventh consecutive week of declines, the worst weekly losing streak since 1998, as investors fretted over the threat to banks' profitability and capital strength from compressed interest rate margins.

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