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04.10.2012 10:16

European stocks in the red zone

European stocks traded in the red zone on the background of the auction of state bonds of Spain.

The market is waiting for the interest rate the ECB press conference, Mario Draghi, and the publication of the minutes of the meeting FOMC U.S..

The ECB is expected to keep its key interest rate at a record low of 0.75% in order to further the economic recovery of the euro area and Spain requests for help.

In the UK, Bank of England is expected to leave its monetary policy unchanged and kept its benchmark rate unchanged at 0.5% at the end of the two-day meeting of the Monetary Policy Committee.

Now shares SXAP rose 0.62% to a level, and Renault shares jumped 1.5%

Shares of British firm servicing cars and bikes Halfords rose 13.35% after the company said that sales in the summer was higher than expected.

Ted Baker shares rose by 5.09% after a report showed a higher level of sales in the first half.

Shares of British Renold Plc fell -23.58%, after it became known that adjusted operating profit for the year will be significantly lower with lower demand in European markets.

To date:

FTSE 100 5,813.18 -12.63 -0.22%

CAC 40 3,395.85 -10.17 -0.30%

DAX 7,301.4 -20.68 -0.28%

Shares of Nobel Biocare Holding AG fell by 7.66% due to the fact that the second-largest producer of dentures said that the size of the annual profit will significantly impact the Japanese market. 


04.10.2012 11:45

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