Europe Lower, Asia Mixed

European stock markets were lower on Wednesday, after Fed Chairman Greenspan's interest rate comments to a Senate panel

European stock markets are lower on Wednesday. In London, the Financial Times Stock Exchange 100 lost 5.70 points, or 0.11%, to close at 5053.20 The FTSE closed in negative territory, with BHP Billiton's doubling of first-half net profit offset by the effect of several large companies trading ex-dividend and a lower start on Wall Street. At home, media operator Reuters posted fiscal year core revenues of 2.361 billion pounds, vs. a consensus of 2.338 billion pounds, with profits of 438 million pounds and earnings per share of 25.2 pence. Companies trading ex-dividend today included BP, GlaxoSmithKline, Scottish Power, and Compass Group.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.