Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


24.02.2014 18:20

European stock close

European stocks advanced to a six-year high as companies from Scania AB to Dixons Retail Plc rallied amid heightened mergers-and-acquisitions activity, outweighing a drop in HSBC (HSBA) Holdings Plc which posted worse-than-estimated profit.

The Stoxx Europe 600 Index rose 0.6 percent to 338.19 at the close of trading, its highest level since Jan. 14, 2008. The benchmark climbed 0.8 percent last week to its highest level since January 2008 as companies from Meda AB to Valeo SA posted better-than-forecast earnings.

In Germany, a report showed the Ifo Institute’s business climate index, based on a survey of 7,000 executives, unexpectedly rose to 111.3 in February from 110.6 a month earlier. Economists had predicted a drop to 110.5 this month.

National benchmark indexes climbed in 16 of the 18 western European markets.

FTSE 100 6,865.86 +27.80 +0.41% CAC 40 4,419.13 +38.07 +0.87% DAX 9,708.94 +51.99 +0.54%  

Scania surged 32 percent to 194.5 kronor. Volkswagen, which controls a majority of Scania’s shares and 89.2 percent of voting rights, said late Feb. 21 that it is offering 200 kronor per share for the remaining stock. Preferred shares of Volkswagen fell 6.5 percent to 187.90 euros, its biggest drop in a year. Europe’s largest automaker also reported fourth-quarter earnings that missed estimates.

Dixons rose 6.7 percent to 50.3 pence and Carphone Warehouse climbed 8.8 percent to 333 pence. The two companies said in a joint statement they are in preliminary talks for a merger. Betaville blog reported earlier, without citing sources, that they are discussing an all-share merger.

Bunzl Plc jumped 6.9 percent to 1,585 pence, its highest price since at least 1988, after saying full-year earnings excluding currency swings rose 15 percent to 82.4 pence per share. That beat analysts’ projections for 78.5 pence a share.

HSBC fell 2.8 percent to 635.7 pence. Europe’s largest bank reported 2013 pretax profit of $22.6 billion, trailing the $24.6 billion median estimate.

PostNL NV tumbled 20 percent to 3.44 euros, its biggest drop in 13 months, after the Dutch mail service reported a full-year net loss of 170 million euros. Analysts on average had projected a loss of 156 million euros.

RSA Insurance Group Plc retreated 3.7 percent to 97.5 pence after the insurer said it is considering a share sale as a way of replenishing capital. The company may say this week, when it reports full-year results, that it will raise as much as 800 million pounds, the Sunday Times reported yesterday.

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
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