LONDON: Investors on the London stock market were set to pay close attention next week to the latest chapter in the eurozone crisis, while also tracking British company earnings and official economic data.
London's benchmark FTSE 100 index of top share prices finished at 5,794.80 points on Friday, up 1.46 per cent from a week earlier.
Global stock markets have rallied in recent days after the European Central Bank unveiled a key plan to buy the bonds of troubled eurozone nations, sparking hopes of an end to the region's long-running sovereign debt crisis.
Investors' focus now switches to Germany's Constitutional Court, which on Wednesday was due to decide whether German President Joachim Gauck can sign into law the eurozone's key crisis-fighting tools that include the European Stability Mechanism.
Other major events that could dictate investor sentiment include the US Federal Reserve's interest rate decision on Thursday and Dutch general election on Wednesday.
"The week ahead includes a whole host of important sentiment-shaping events," said Investec economist Victoria Clarke. Aside from international events, London investors were set to digest official British trade data on Tuesday and unemployment figures on Wednesday.
On the corporate results radar, Europe's biggest home-improvements retailer Kingfisher will post its interim numbers on Wednesday.
Darty plc, the retailer that was formerly known as Kesa Electricals, will report its quarterly figures on Thursday.
indiatimes.com
London's benchmark FTSE 100 index of top share prices finished at 5,794.80 points on Friday, up 1.46 per cent from a week earlier.
Global stock markets have rallied in recent days after the European Central Bank unveiled a key plan to buy the bonds of troubled eurozone nations, sparking hopes of an end to the region's long-running sovereign debt crisis.
Investors' focus now switches to Germany's Constitutional Court, which on Wednesday was due to decide whether German President Joachim Gauck can sign into law the eurozone's key crisis-fighting tools that include the European Stability Mechanism.
Other major events that could dictate investor sentiment include the US Federal Reserve's interest rate decision on Thursday and Dutch general election on Wednesday.
"The week ahead includes a whole host of important sentiment-shaping events," said Investec economist Victoria Clarke. Aside from international events, London investors were set to digest official British trade data on Tuesday and unemployment figures on Wednesday.
On the corporate results radar, Europe's biggest home-improvements retailer Kingfisher will post its interim numbers on Wednesday.
Darty plc, the retailer that was formerly known as Kesa Electricals, will report its quarterly figures on Thursday.
indiatimes.com
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