February 28, 2008

Latest Updates

Britain's FTSE 100 .FTSE index is seen opening
about 0.5 percent lower on Thursday, according to financial bookmakers, as a
falling dollar added to concerns over the health of the U.S. economy.

European shares were set to open lower on
Thursday as investors prepared to digest a heavy breakfast of corporate results
against a backdrop of a shaky U.S. economy and a weak dollar.

Bookmakers expected London's FTSE 100 .FTSE to open 27 to 30 points lower,
Germany's DAX .GDAXI down 23 to 29 points and France's CAC .FCHI down 33 to
39 points. European shares ended Wednesday lower but are up 2 percent this month
with two sessions to go.

A heavy corporate earnings calendar featured updates from companies ranging
from Royal Bank of Scotland (RBS.L: Quote, Profile, Research) to Deutsche Telekom (DTEGn.DE: Quote, Profile, Research) and Bayer
(BAYG.DE: Quote, Profile, Research).


Msg By Mr Kiran J AVR

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