Excerpt from: Spread Betting European Stocks
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| September 04, 2007 | | Spread betting and contracts for differences on the European stock market | Spread bets and CFDs on European bank stocks should consider that the market is stabilizing, and that bank stocks are beginning to recover on the stock market. The European stock market is showing signs of recovery, and bank stocks are rising today, Bloomberg reports:
``Soothing words are just what's needed'' to get investors
to return to bank stocks, said Daniel Broby, chief investment
officer at Renaissance Investment Management in London, where he
helps manage $4 billion. ``The derating of financials occurred
across the board. Some, like Deutsche Bank, Credit Suisse and
UBS, were unfairly punished.'' | | |
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