• European stocks closed

Market news

3 October 2012

European stocks closed

 

 

European stocks fluctuated between gains and losses as U.S. reports on private hiring and services- industry growth beat estimates, offsetting Spain’s stance that it won’t ask for a sovereign bailout soon. In the U.S., a report from ADP Employer Services showed that private employers hired 162,000 workers in September after revised numbers showed they signed up 189,000 the prior month. Last month’s figure beat the average forecast for 140,000 in a Bloomberg survey.

EasyJet Plc, Europe’s second-biggest discount airline, rose 3.1 percent as full-year earnings beat its forecasts.

BTG Plc gained the most in more than 10 months after increasing its financial-year revenue forecast.

FirstGroup Plc plunged 20 percent after Britain’s biggest train operator was stripped of the country’s premier express route.


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