Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

09.01.2012 08:41

Stocks: Weekly’s review

Asian stocks fell and the regional benchmark index pared weekly gains as higher borrowing costs in a French bond auction stoked concern Europe’s debt crisis is deepening, overshadowing improving economic data in the U.S.

Nikkei 225 8,489 -71.40 -0.83%

Hang Seng 18,813 +86.10 +0.46%

S&P/ASX 200 4,143 -45.16 -1.08%

Shanghai Composite 2,148 -20.94 -0.97%

Companies that do businesses in Europe declined. HSBC fell 2.1 percent to HK$59.40 in Hong Kong. Esprit Holdings Ltd. (330), a clothier that counts Europe as its biggest market, slipped 1.8 percent to HK$10.08. Sony Corp. (6758), which depends on the market for a fifth of its sales, lost 2 percent to 1,345 yen.

Makers of computer memory chips dropped after Nomura cut its forecast for 2012 growth in global shipments of dynamic random access memory to 2.7 percent from 3.7 percent.

Elpida sank 5.4 percent to 331 yen in Tokyo. Powerchip Technology Corp. (5346), a Taiwanese producer of memory chips, slumped 6.7 percent to 97 Taiwanese cents.

Samsung Electronics Co., Asia’s biggest maker of computer memory chips by sales, slipped 1.4 percent to 1.04 million won in Seoul even as the company posted fourth-quarter earnings that beat analyst estimates.

European stocks closed little changed as a report showed U.S. employers added more jobs than economists had predicted.

U.S. employers added 200,000 jobs last month, following a revised 100,000 gain in November that was smaller than initially estimated, Labor Department figures showed. The unemployment rate unexpectedly fell to 8.5 percent, the lowest since February 2009, while hours worked and earnings climbed.

Euro-area consumer confidence fell to the lowest in more than two years and unemployment remained at a 13-year high, according to data released today.

National benchmark indexes declined in 12 of the 14 western European markets open today. Germany’s DAX Index slipped 0.6 percent and France’s CAC 40 retreated 0.2 percent. The U.K.’s FTSE 100 Index rose 0.5 percent. Markets were closed in Greece, Finland, Sweden and Austria for a holiday.

BMW and Daimler each slid 1.1 percent respectively. Automakers fell 0.7 percent, among the largest drop of 19 industry groups in the Stoxx 600.

UniCredit tumbled 11 percent, the lowest level since 1992, after Italy’s biggest bank priced a 7.5 billion-euro ($9.6 billion) rights offer at a discount on Jan. 4. The Italian market regulator, Consob, said yesterday that it’s investigating the share move to verify whether its ban on short selling in financial stocks has been respected.

Man Group Plc fell 8.4 percent, the lowest in 11 years, after analysts cut their earnings estimates on the world’s biggest publicly traded hedge-fund manager.

Vodafone Group Plc, the world’s largest mobile-phone operator, climbed 1.2 percent to 179.5 pence after Goldman Sachs Group Inc. upgraded the shares to “buy” from “neutral,” saying a merger between the British company and Verizon Communications Inc. may be “attractive.”

U.S. stocks fell as better-than- forecast jobs growth and a drop in the unemployment rate failed to extend a weekly rally and lift the Standard & Poor’s 500 Index above its October high.

U.S. employers added 200,000 workers to payrolls in December, Labor Department figures showed in Washington, more than the 155,000 gain projected in a Bloomberg News survey. The unemployment rate unexpectedly fell to 8.5 percent, the lowest since February 2009. The growth in payrolls did not beat estimates by as wide a margin as data from ADP Employer Services yesterday that helped trigger gains in equities.

Equities also dropped earlier as German factory orders fell 4.8 percent, the biggest decline in almost three years, fueling concern that Europe was heading into a recession.

Dow 12,359.92 -55.78 -0.45%, Nasdaq 2,674.22 +4.36 +0.16%, S&P 500 1,277.81 -3.25 -0.25%

Bank of America Corp. (BAC) lost 2.1 percent after surging 8.6 percent yesterday.

Alcoa Inc. (АА), due to start the earnings season on Jan. 9, slid 2.1 percent after saying it will close 12 percent of its global smelting capacity.

Family Dollar Stores Inc. fell 7.5 percent to $53.63 for the biggest retreat in the S&P 500. The discount retailer reported fiscal first-quarter revenue of $2.15 billion, missing the average analyst estimate of $2.17 billion. Comparable store sales increased 4.1 percent, compared with the average analyst estimate of 4.9 percent.

J.C. Penney advanced 3.5 percent to $34.96 after being raised to “outperform” from “neutral” at Macquarie Group Ltd. The third-largest department-store chain lost 2.7 percent yesterday after cutting its fourth-quarter profit forecast, citing declining sales and deeper discounts than anticipated during the holiday season.

09.01.2012 09:00

Forex: Weekly’s review

Market Focus

  • The eurozone started the third quarter on a solid footing, according to PMI survey data
  • Earnings Season in U.S.: Major Reports of the Week
  • German private sector output growth slowed for the second month running in July
  • ECB's Mersch says as conditions normalise, it is unlikely that uncoventional policies will remain necessary
July 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.

Connect with Us
Share on
social networks
Request a callback
Top Page