Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:
  • All news
  • Currencies
  • Stocks
  • Commodities

30.01.2013 18:00

European stocks close

European stocks dropped the most this year as Saipem (SPM) SpA plunged and a report showed that the U.S. economy unexpectedly contracted in the fourth quarter.

Saipem plummeted 34 percent after cutting its earnings forecasts for 2012 and 2013. Swedbank AB (SWEDA) jumped the most in 32 months after the lender raised its dividend payout ratio to 75 percent of profit after net income more than quadrupled in the fourth quarter. Nordea Bank AB (NDA) rose 3.2 percent after reporting quarterly profit that beat analysts’

The Stoxx Europe 600 Index lost 0.6 percent to 288.63 in London, falling from its highest level since Feb. 18, 2011.

The U.S economy shrank 0.1 percent at an annual rate in the fourth quarter, figures from the Commerce Department showed today. The median estimate of economists had called for the world’s largest economy to expand 1.1 percent. Gross domestic product increased 3.1 percent in the three months through September.

National benchmark indexes retreated in 14 of the 18 western-European markets.

FTSE 100 6,323.11 -16.08 -0.25% CAC 40 3,765.52 -20.30 -0.54% DAX 7,811.31 -37.26 -0.47%

Saipem plunged 34 percent to 20.01 euros, its biggest slide since at least Dec. 1988. The oil and gas contractor lowered its forecast for earnings before interest and taxes in 2012 by 6 percent to about 1.5 billion euros. Ebit will fall to about 750 million euros in 2013, the company said. Italy’s FTSE MIB sank 3.4 percent, its biggest drop since Aug. 2.

Roche Holding AG retreated 1.4 percent to 198.60 Swiss francs. The world’s biggest maker of cancer drugs posted earnings per share excluding some items of 13.62 francs for last year, falling short of the 13.67-franc average analyst estimate.

Imperial Tobacco Group Plc sank 4.3 percent to 2,361 pence after saying profit will decline in the first half of this year. Europe’s second-biggest tobacco company also reported a smaller gain in fiscal first-quarter revenue than analysts had estimated. British American Tobacco Plc, Europe’s largest, dropped 0.8 percent to 3,275.50 pence.

Nordea rose 3.2 percent to 68.45 kronor after Scandinavia’s largest lender said profit increased 7 percent in the fourth quarter. Net income climbed to 840 million euros from 785 million euros a year earlier, the lender said. That beat the average analyst estimate for profit of 765 million euros.

Luxottica Group SpA added 2.3 percent to 34.36 euros, its highest price since its initial public offering on Italy’s stock market in December 2000. The owner of the Oakley and Ray-Ban sunglasses brands said sales rose 14 percent in 2012 to 7.09 billion euros.

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


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:

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