Share report: markets extend winning streak

European stocks advanced for a sixth day, the longest winning streak this year, as services output shrank at a slower pace than initially estimated last month.

5th August, 2013
The Iseq index was up 0.2 per cent.

European stocks rose for a sixth day, the longest winning streak this year, as services output shrank at a slower pace than initially forecast, outweighing worse-than-estimated earnings from HSBC Holdings.

The Stoxx Europe 600 Index rose 0.2 percent to 304.74 at the close, paring an earlier gain of as much as 0.6 percent. Three stocks increased for every two that fell.

In Dublin, where the stock exchange traded despite a bank holiday, the Iseq index closed up 0.2 per...

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