Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


18.02.2015 11:30

European stocks rise on Greece hopes

European stocks rose to a seven-year high amid investor speculation that Greece will reach a compromise agreement on its bailout terms with euro-area creditors.

"Greece and the euro zone have to find a good compromise," said Andreas Lipkow, a senior market strategist at Kliegel & Hafner AG in Berlin. "Investors have been underweight European equities, so that's why every weak day in the market is a buying opportunity for investors. QE is the most important theme in Europe right now. That is overshadowing everything."

Greece may request an extension of its loan agreement for six months as soon as today, according to a person familiar with the matter. Such a move would ease a standoff with creditors over its financing. Talks are continuing on the conditions that would be attached to such an extension, the person said.

Greece's ASE Index halted a two-day decline, rising 1.6 percent. National Bank of Greece SA and Piraeus Bank SA led the advance with gains of more than 7 percent.

Among companies moving on corporate news, PSA Peugeot Citroen rose 3.6 percent. The carmaker posted its first annual profit in three years after slashing costs.

Energy stocks and banks were among the biggest gainers out of 19 groups in the Stoxx 600 after Eni SpA and Credit Agricole SA posted results. Eni rose 2.8 percent after Italy's largest oil company posted fourth-quarter operating profit that beat estimates.

Credit Agricole jumped 6.1 percent to its highest price since March 2011. France's third-largest bank reported better-than-forecast fourth-quarter profit on higher earnings at the investment bank and lower provisions for doubtful loans.

Vivendi SA gained 1.1 percent after billionaire Patrick Drahi offered 3.9 billion euros ($4.4 billion) to buy its 20 percent in Numericable-SFR.

Carlsberg A/S sank 3.6 percent after fourth-quarter earnings missed analysts' estimates.

At the moment:

FTSE 100 6,901.02 +2.89 +0.04%

CAC 40 4,799 +45.01 +0.95%

DAX 10,955.74 +60.12 +0.55%

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