Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


29.03.2012 18:48

European stocks close:

 

European stocks declined the most in more than three weeks as Standard & Poor’s said Greece may have to restructure its debt again.

European governments are preparing for a one-year increase in the ceiling on rescue aid to 940 billion euros ($1.25 trillion) to keep the debt crisis at bay, according to a draft statement written for finance ministers before they meet in Copenhagen tomorrow. German Chancellor Angela Merkel this week gave her first indication that she is prepared to allow an increase in the firewall.

An indicator of economic confidence in the euro region unexpectedly declined in March. An index of executive and consumer sentiment in the 17-nation euro area dropped to 94.4 from a revised 94.5 in February, the European Commission said.

National benchmark indexes fell in all of the 18 western European markets, except Iceland. The U.K.’s FTSE 100 slipped 1.2 percent, while France’s CAC 40 Index declined 1.4 percent and Germany’s DAX slumped 1.8 percent.

H&M dropped 4.9 percent to 238.1 kronor in Stockholm, the largest decline since September, after reporting first-quarter profit that missed analysts’ estimates as textile costs and markdowns weighed on profitability.

Roche Holding AG, the biggest maker of cancer drugs, fell 1.8 percent to 157 francs after raising its hostile takeover offer for Illumina Inc. by 15 percent to about $6.7 billion.

International Power Plc rallied 5.6 percent to 405 pence as it received an indicative offer from GDF Suez SA of 6 billion pounds ($9.5 billion) for the 30 percent stake it doesn’t already own.

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
March 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

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.

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