European Factors to Watch-Shares seen higher at open

jueves 25 de febrero de 2016 02:18 GYT
 

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LONDON Feb 25 (Reuters) - European stocks were seen opening higher on Thursday to recover some poise after two consecutive sessions of losses that pushed a benchmark equity index down to a one-week low.

Financial spreadbetters expected Britain's FTSE 100 to open up by 74-77 points, or 1.3 percent higher. Germany's DAX was seen up by 125-127 points, or 1.4 percent higher, while France's CAC was seen up by 60-61 points, or 1.4-1.5 percent higher.

The pan-European FTSEurofirst 300 index closed down 2.3 percent on Wednesday at its lowest level in around a week, having extended losses from a 1.3 percent slide in the previous session.

COMPANY NEWS:

ABENGOA :

Abengoa SA put its U.S. bioenergy unit into Chapter 11 bankruptcy on Wednesday with up to $10 billion in liabilities, the latest twist in the multinational parent's race to avoid becoming Spain's largest corporate failure.

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