Media reports have stated that Cypurs has may arrive for a deal with Russia to sale Cyprus Popular Bank to investors of Russia which fetched a confidence among U.K.investors,as a result of this,FTSE300 index gained 0.6% more over it made an intraday high of 1,201.91 points and settled finaly at 0.5%.
European banking index Europe600 has rised up to 1.3% . This Cyprus compromise helped European marketThe earlier fear over the market was temporarily removed.Investors are confident in bank shares at European stock exchange and the three days loss comes to an end.However we strongly feel that this is not the time to 'buy at dips',
so European investors can wait for some more trading sessions to identify the market direction and market strength-bullsstreet research team
please visit http://www.bullsstreet.com/indexind.html to get Indian stock market updates & get free tips.
European banking index Europe600 has rised up to 1.3% . This Cyprus compromise helped European marketThe earlier fear over the market was temporarily removed.Investors are confident in bank shares at European stock exchange and the three days loss comes to an end.However we strongly feel that this is not the time to 'buy at dips',
so European investors can wait for some more trading sessions to identify the market direction and market strength-bullsstreet research team
please visit http://www.bullsstreet.com/indexind.html to get Indian stock market updates & get free tips.
