Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

22.11.2012 17:03

European stocks close:

European stocks advanced for a fourth day, posting the longest winning streak in five weeks, after a report signaled Chinese manufacturing expanded for the first time in 13 months.
SABMiller Plc (SAB), the world’s second-largest brewer, jumped the most in 13 months after reporting first-half profit that beat estimates. Daily Mail & General Trust Plc (DMGO), publisher of Britain’s Daily Mail newspaper, surged the most in three years after announcing a share buyback. Swedbank AB (SWEDA), Sweden’s third- biggest bank, dropped 1.3 percent.
The Stoxx Europe 600 Index rose 0.6 percent to 271.68, a two-week high, at 3:35 p.m. in London.
A PMI released today by HSBC Holdings Plc and Markit Economics showed a preliminary reading of 50.4 for November, adding to signs that growth in the world’s second-largest economy is rebounding after a seven-quarter slowdown. That compared with a final level of 49.5 in October. A reading above 50 indicates expansion.
Euro-area factory output contracted less than economists had estimated, another Markit report showed. The measure of manufacturing climbed to 46.2 this month from 45.4 in October. That beat the average economist estimate of 45.6. Separate manufacturing PMIs for Germany and France, Europe’s two biggest economies, also beat projections.
National benchmark indexes climbed in all of the 18 western-European markets.
FTSE 100 5,788.96 +36.93 +0.64 CAC 40 3,497.74 +20.38 +0.59% DAX 7,243.66 +58.95 +0.82%
SABMiller advanced 6.2 percent to 2,795 pence, for the biggest increase since October 2011. Earnings before interest, taxes and amortization, excluding some items, rose 17 percent to $3.17 billion, the company said. That compared with the $3.1 billion median estimate of analysts.
Daily Mail climbed 11 percent to 525.5 pence, heading toward the biggest rally since September 2009. The company said it will buy back shares for as much as as much as 100 million pounds ($160 million). Daily Mail also said its net debt dropped to 613 million pounds in the year ended Sept. 30, from 719 million pounds 12 months earlier.
Nokia Oyj (NOK1V) climbed 1.6 percent to 2.53 euros, the highest price since Aug. 28, as Danske Bank A/S raised the stock to buy from sell and more than doubled its price estimate to 2.90 euros. Danske said Nokia’s 2013 outlook continues to improve.
EasyJet Plc (EZJ) added 1.8 percent to 694 pence after Barclays Plc raised Europe’s second-biggest discount airline to equal weight, a recommendation similar to hold, from underweight, saying the company improved both “revenue and non-fuel cost fundamentals.”
Air France-KLM (AF) Group advanced 2.6 percent to 6.78 euros and Deutsche Lufthansa AG (LHA) rose 4.3 percent to 12.45 euros. Barclays raised its price estimates for the airlines by 58 percent to 6.30 euros and 12 percent to 11.50 euros, respectively, citing lower restructuring risk.

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