European stock markets were slightly higher on Friday. In London, the Financial Times-Stock Exchange 100 index rose 9.10 points to 4971.80 amid reports the UK government's budget deficit narrowed in April, while credit card borrowing dropped in April for the first time in a decade. 56 FTSE stocks fell and 42 rose on turnover of 1,589,000,000 shares. Yields on 10-year gilts rose to 4.38% from 4.36% yesterday. Sterling fell to $1.8257. July Brent crude oil futures were higher. Anglo American rose after Morgan Stanley upgraded stock to "overweight" from "underweight". Anite Group rose after company said 2005 results will be at the high end of expectations. Carclo rose amid reports company in talks regarding a "possible sale" of its ECC Card Clothing business.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Stocks Slide From Records as Anxiety Bubbles Up: Markets Wrap
- Turns Out It Will Be Congress’s Fault When Stocks Crash
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Facebook and Google Helped Anti-Refugee Campaign in Swing States