! PARIS , Rabi'II 5, 1435, Feb 5, 2014 , SPA, Feb 5 -- European stocks inched up in early trade on Wednesday, halting a two-week selloff, but underlying worries about global growth and emerging market currencies kept investors on edge, Reuters reported. Swiss watch maker Swatch featured among the top gainers, up 4.7 percent after posting a strong rise in 2013 profits and saying it expects healthy growth this year. The overall earnings picture remained mixed, with Syngenta falling 2.2 percent after the world's largest maker of crop chemicals reported an 11 percent fall in profit for last year. "Earnings growth in Europe has been negative over the last two years. If earnings do not improve during the next months, 2014 will prove to be a difficult year for the stock market," said Koen De Leus, senior economist at KBC, in Brussels . At 0836 GMT , the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,274.34 points. The benchmark index is still down 5.9 percent since hitting a peak on Jan 21 , its steepest pull-back in seven months. The euro zone's blue-chip Euro STOXX 50 index was up 0.1 percent at 2,964.58 points. --SPA 12:07 LOCAL TIME 09:07 GMT All Rights Reversed for Saudi Press Agency Provided by Syndigate.info , an Albawaba.com company
Most Popular Stories
- Koch Brothers Step up Anti-Obamacare Campaign
- FDIC Accuses Big Banks of Fraud, Conspiracy
- Is Malaysian Airlines Flight 370 in Andaman Sea?
- Vybz Kartel Convicted of Murder
- Stocks Close Lower Ahead of Crimea Vote
- FDIC Sues Big Banks Over Rate Manipulation
- Ulta Shares Look Good on Strong Q4
- Jittery Investors Dumping Russian Stocks
- U.S. Consumer Sentiment Falls in Early March
- JLo Turns the Tables in New Vid: 'I Luh Ya Papi'