Finance & Stock Market News

Bookies see Europe stocks rebounding; earnings eyed

Wed, 12th Nov 2008 06:24

PARIS, Nov 12 (Reuters) - Financial bookmakers expect to see the leading European benchmark indexes bouncing back on Wednesday after heavy losses in the previous session, as investors brace for a flurry of corporate earnings reports.

Financial spreadbetters expect Britain's FTSE 100 to open 74 to 78 points higher, or as much as 1.8 percent, Germany's DAX to open 85 to 89 points higher, or as much as 1.9 percent, and France's CAC-40 to open 53 to 56 points higher, or as much as 1.7 percent.

Results from companies such as EDF, ING, Holcim and Swiss Life were expected on Wednesday.

(Reporting by Blaise Robinson) Keywords: MARKETS EUROPE STOCKS/BOOKIES

(blaise.robinson@reuters.com ; +33 1 4949 5269, Reuters Messaging: blaise.robinson.reuters.com@reuters.net)

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