European Indexes End Lower

Markets Wednesday recouped most of their early-session losses amid an upturn in U.S. stocks

London: FTSE stocks ended slightly lower Wednesday, recouping most of their early losses, as Wall Street rallied after a slow start. At home, AstraZeneca (AZN) (+2.43%) climbed, supported by bullish broker comments. Morgan Stanley upgraded the shares to overweight on compelling risk/reward. Leisure group Whitbread (+7.04%) soared on talk Starwood (HOT) could be mulling a bid, while Credit Agricole Cheuvreux International later disclosed that it held an 11.33% stake.

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