Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

06.01.2014 18:20

European stocks close

European stocks fell after a U.S. report that showed weakness in the services industry, while factory orders rose faster than forecast.

The Stoxx Europe 600 Index lost 0.2 percent to 326.98 at the close of trading in London. The benchmark gauge climbed 5.8 percent from its Dec. 13 low through Jan. 3.

A U.S. report showed that the Institute for Supply Management’s non-manufacturing index fell to 53 last month from 53.9 in November. Economists in a Bloomberg survey had forecast a reading of 54.7. A separate release showed factory orders in the world’s biggest economy climbed 1.8 percent in November. The median economist estimate called for a 1.7 percent increase.

In China, a purchasing managers’ index of the services industry fell to 50.9 in December from 52.5 the previous month, data from HSBC Holdings Plc and Markit Economics showed. Readings above 50 indicate expansion. Figures from the National Bureau of Statistics and the China Federation of Logistics and Purchasing last week showed services in the world’s second-biggest economy fell in December to the slowest in four months.

National benchmark indexes rose in eight of the 14 western-European markets open today. The U.K.’s FTSE 100 was little changed and Germany’s DAX slipped 0.1 percent. France’s CAC 40 fell 0.5 percent. Stock markets in Sweden, Finland, Austria and Greece were closed today for the Epiphany holiday.

Remy Cointreau fell 2.1 percent to 57.70 euros. Natixis lowered its rating on the producer of Remy Martin cognac to neutral from buy after Frederic Pflanz resigned as chief executive officer last week.

Edenred dropped 5.5 percent to 22.95 euros after Natixis downgraded the shares to neutral from buy. The brokerage said currencies will weigh on company earnings. The company, which sells vouchers for meals and services, got 49 percent of its revenue from Latin America and the Caribbeans in 2012, data compiled by Bloomberg show.

John Wood Group Plc slid 3.8 percent to 652 pence after Deutsche Bank AG cut its rating on the shares to hold from buy, citing a lack of possible factors for gains and limited potential for earnings to grow in the next year.

Ziggo climbed 3.6 percent to 33.77 euros. Liberty Global, controlled by billionaire John Malone, and Ziggo plan to announce a deal as early as the middle of this month, according to people familiar with the matter. The two companies are finalizing the acquisition price and other terms, they said. Ziggo spokesman Martijn Jonker and Liberty Global spokesman Marcus Smith declined to comment.

Centamin Plc rallied 2.9 percent to 46.55 pence after the gold miner said preliminary results indicate full-year production of 356,943 ounces, up 36 percent from 2012. That exceeded the company’s previous forecast of 320,000 ounces.

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