News Headline Summary

European equity markets head into the final hour of trade with the CAC-40 outperforming into the close, last seen up 0.45%...

Update details:

Contributing factors:
- CAC-40 has been somewhat spared from the losses seen in the European morning, with the bulk of the moves lower in DAX and peripheral indices.
- Retail sector strong, with luxury stocks performing strongly, PPR, LVMH both seen higher. This follows a firm update from London-listed Burberry earlier in the week.
- Additionally, industrials performing well after a number of individual stock deals e.g. Solvay, announcing positive streamlining for the business.

Print 15:35, 16 Jan 2013 - Market Analysis - Source: RANsquawk