Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


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

25.09.2013 17:20

European stock close

Most European stocks fell amid concern over budget talks in the world’s largest economy and as a report showed U.S. durable-goods orders excluding transportation unexpectedly dropped.

The Stoxx 600 dropped 0.1 percent to 312.99 at 4:33 p.m. in London, as three shares retreated for every two that gained. The gauge has still climbed 5.3 percent in September as the Federal Reserve refrained from reducing its monthly asset purchases. It has surged 9.8 percent since the end of June, heading for the biggest quarterly gain in four years.

National benchmark indexes retreated in 10 of the 18 western-European markets today.

FTSE 100 6,551.53 -19.93 -0.30% CAC 40 4,195.35 -0.26 -0.01% DAX 8,665.63 +1.03 +0.01%

U.S. durable-goods orders, excluding the volatile transportation category, slipped 0.1 percent in August after falling a revised 0.5 percent the previous month, according to the Commerce Department. The median forecast of economists survey called for a 1 percent gain.

Americans are losing faith in the nation’s economic recovery even as forecasters expect growth to accelerate. Fewer people anticipate European Stocks Fluctuate Before U.S. Durable-Goods Orders Data improvement in the economy’s strength over the next year than in the last survey in June, with 27 percent saying the expansion will be more robust, down from 39 percent who expected improvement three months earlier.

Congress has yet to pass a budget for the fiscal year starting Oct. 1. U.S. lawmakers are also debating legislation to increase the government’s authority to borrow and pay bills, with the Treasury Department estimating the debt limit could be reached as soon as mid-October.

Nordea (NDA) dropped 2.7 percent to 77.05 kronor. Sweden sold 284 million shares for 76 kronor each, valuing the 7 percent stake at 21.6 billion kronor ($3.4 billion).

Carnival fell 7 percent to 2,100 pence in London trading, heading toward the lowest price in more than a year. Morgan Stanley cut the stock to underweight, similar to a sell recommendation, from equal weight, citing the company’s valuation. Carnival slumped 5.6 percent yesterday after the cruise-ship operator said it may post a loss.

Tesco Plc, the U.K.’s largest retailer, fell 3.7 percent to 360.10 pence, the lowest price in two months, as JPMorgan Chase & Co. reduced the stock to underweight from neutral. The brokerage said the emergence of German discounters Aldi and Lidl may cause Tesco to go “through a painful rebasing of pricing and the gross ">Commerzbank AG dropped 6 percent to 8.78 euros, extending its two-day decline to 7.8 percent. The shares fell yesterday after Equinet AG downgraded the lender to hold from buy, citing its exposure to the shipping industry and possible need for another capital increase.

ThyssenKrupp rose 3.7 percent to 18.15 euros as Cevian raised its stake to 5.2 percent. The Swedish investment company said it’s convinced of the steelmaker’s long-term potential.

Market Focus

  • U.S.: Industrial Production (MoM), September 0.1% (forecast 0.2%)
  • Britain can't get full single market access with free movement concessions - Merkel
  • Earnings Season in U.S.. Major Reports of the Week
  • New Zealand CPI, 3Q: 0.2% q/q (forecast 0%), 0.2% y/y (forecast 0.1%)
October 2016
  • 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

  • © 2011-2016 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