Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


03.09.2012 06:59

Stocks: Friday’s review

 

 

Asian stocks fell, with the regional benchmark index heading for its first monthly decline since May, as investors await a speech by U.S. Federal Reserve Chairman Ben S. Bernanke and as reports showed lower industrial output in South Korea and Japan amid slowing economic growth.

Nikkei 225 8,839.91 -143.87 -1.60%

S&P/ASX 200 4,316.11 +0.44 +0.01%

Shanghai Composite 2,047.52 -5.06 -0.25%

Sharp Corp. sank 13 percent as Taiwan’s Foxconn Technology Group founder Terry Gou ended a visit to Japan without announcing the conclusion of a deal to invest in the Japanese electronics maker.

China Shipping Container Lines Co. slid 7 percent after brokerages including Jefferies Group Inc. downgraded ratings and price targets for the nation’s second- largest shipping company.

Samsung Electronics Co. climbed 1.5 percent, reversing losses, as a Tokyo court ruled the mobile- phone maker didn’t infringe Apple Inc.’s patents.

 

European stocks rose as Federal Reserve Chairman Ben S. Bernanke said he would not rule out further bond purchases to boost growth and reduce unemployment, which he called a “grave concern.”

Bernanke’s speech comes two weeks before he leads a meeting of the Federal Open Market Committee to decide whether an expansion of the Fed’s record stimulus is needed to spur growth. Two rounds of large-scale asset purchases totaling $2.3 trillion have so far failed to reduce the jobless rate below 8 percent more than three years into the recovery.

Euro-area unemployment reached the highest on record in July, the European Union’s statistics office in Luxembourg said today. The jobless rate in the economy of the 17 nations using the euro was 11.3 percent, the same as in June after that month’s figure was revised higher. That’s the highest since the data series started in 1995.

National benchmark indexes advanced in every western- European market today, except for the U.K. and Iceland. The U.K.’s FTSE 100 Index fell 0.1 percent, while France’s CAC 40 Index rose 1 percent. Germany’s DAX Index climbed 1.1 percent.

Hermes increased 2.3 percent to 228.95 euros as it said annual sales growth excluding currency shifts “could be around 12 percent.” The company last month said it targeted annual revenue growth of 10 percent.

A gauge of European lenders was the best performer of the 19 industry groups on the Stoxx 600, with Banca Monte dei Paschi dei Siena SpA surging 6.5 percent to 22.4 euro cents, and Banco Santander SA rising 6 percent to 5.67 euros. Credit Agricole SA increased 7.6 percent to 4.64 euros.

Neste Oil Oyj, Finland’s only oil refiner, rallied 3.9 percent to 9.16 euros after Goldman Sachs Group Inc. raised the stock to buy from sell.


U.S. stocks rose, extending a third straight monthly gain, as Federal Reserve Chairman Ben S. Bernanke said he wouldn’t rule out more steps to lower a jobless rate he described as a “grave concern.”

Bernanke’s speech at an annual forum in Jackson Hole, Wyoming, comes two weeks before he leads a meeting of the Federal Open Market Committee to decide whether an expansion of the Fed’s record stimulus is needed to spur growth. Two rounds of large-scale asset purchases have failed to reduce the jobless rate below 8 percent more than three years into the recovery.

Splunk Inc. climbed 14 percent to $34.81. The maker of software that helps businesses analyze Web data reported a narrower fiscal second-quarter loss than analysts estimated and raised its full-year sales forecast.

Facebook Inc. dropped 5 percent to $18.13, a record low, on concern that businesses are spending less to advertise on the world’s largest social-networking website. Through yesterday, the stock had lost half its value since Facebook sold shares at $38 apiece in an initial public offering on May 17.


Market Focus

  • Donald John Trump will be the 45th president of the United States
  • Britain can't get full single market access with free movement concessions - Merkel
  • China: Trade Balance, bln, October 49.6 (forecast 51.7)
  • New Zealand CPI, 3Q: 0.2% q/q (forecast 0%), 0.2% y/y (forecast 0.1%)
January 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Служба технической поддержки:
8-800-200-31-00, support@teletrade-dj.com

  • Онлайн-консультация
  • Заказать звонок
  • Написать письмо
Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page