European shares give up gains
Tuesday, 13 November 2007
LONDON, Nov 12 (Reuters): European shares surrendered gains to turn negative by mid-morning Monday as oil shares tracked a fall in crude from record highs and US stock futures drifted lower, offsetting a rally in banks and merger talk in miners.
The FTSEurofirst 300 index of top European shares was roughly flat at 1,510.99 points, having fallen from a session high at 1,518.62 points, but still off the day's low at 1,502.78 points.
Standard & Poor's 500 futures eased back from their session highs to show a 0.10 per cent gain at 1,456.0 points, down from Monday's peak at 1,461.90.
The FTSEurofirst 300 index of top European shares was roughly flat at 1,510.99 points, having fallen from a session high at 1,518.62 points, but still off the day's low at 1,502.78 points.
Standard & Poor's 500 futures eased back from their session highs to show a 0.10 per cent gain at 1,456.0 points, down from Monday's peak at 1,461.90.