European Stocks Edge Higher as Investors Await US Job Data [BNN Bloomberg (Canada)]
DSV A/S UNSP/ADR (DSDVY)
NASDAQ:AMEX Investor Relations:
investor.dsv.com
Company Research
Source: BNN Bloomberg
The Stoxx Europe 600 Index gained 0.1% at 9:15 a.m. in Paris, tracking similar small moves in US futures contracts. The energy and real estate sectors led gains while media equities were among the biggest laggers. DSV A/S jumped after the Danish freight-forwarding company sold €5 billion worth of new shares without resorting to a discount to finance its takeover of DB Schenker. Europe's regional benchmark index is on course for a weekly loss of more than 2%, with the sentiment boost provided by China's recent stimulus announcements gradually faded as escalating tensions in the Middle East sapped risk appetite. Investors are concerned that, should Israel strike critical Iranian assets, the Islamic Republic will escalate the conflict and potentially disrupt global energy shipments. Amid all the geopolitical uncertainty, investors are looking for further signals on the health of the US economy. Economists anticipate that hiring picked up slightly in September, an outcome that wo
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