Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


05.04.2013 17:23

European stocks close

European stocks slumped the most in five months as U.S. employers hired fewer workers than forecast and airline shares fell as a bird flu spread in China.

U.S. payrolls grew by 88,000 workers in March, the smallest gain in nine months. That missed the median economist for an advance of 190,000 in a Survey and followed a revised 268,000 increase in February.

National benchmark indexes fell in all 18 markets in western Europe today, except Italy. Germany’s DAX retreated 2.1 percent and France’s CAC 40 declined 1.8 percent. The U.K.’s FTSE 100 slid 1.6 percent.

Air France lost 7.5 percent to 6.76 euros, leading a gauge of travel companies in the Stoxx 600 to the biggest slump in more than 18 months. As the death toll in China from the new bird flu strain, known as H7N9, rose to six people, authorities in Shanghai shut several poultry markets and culled birds in an effort to contain the virus.

IAG sank 6.6 percent to 235.6 pence in London and Deutsche Lufthansa AG tumbled 5.1 percent to 14.16 euros in Frankfurt.

EasyJet Plc retreated 6 percent to 1,031 pence, the biggest drop in 13 months, even as Europe’s second-largest discount carrier cut its first-half pretax loss forecast amid a surge in late bookings for Easter.

The world’s airlines suffered a $10 billion loss a decade ago on the SARS outbreak that killed 774 people in 2002 and 2003. At the peak of the outbreak, carriers including including Singapore Airlines and Hong Kong’s Cathay Pacific, cut more than 1,150 weekly flights.

Daimler paced a selloff in carmakers, dropping 2.3 percent to 41 euros in Frankfurt. Bayerische Motoren Werke AG declined 1.9 percent to 66.26 euros, while Renault SA slid 1.5 percent to 49.65 euros in Paris trading.

Basic-resources companies also fell, sending an industry gauge lower for a seventh straight week, the longest losing streak in 13 years. ArcelorMittal retreated 3 percent to 9.23 euros, Xstrata Plc slid 3.3 percent to 1,016 pence and Glencore International Plc dropped 3.2 percent to 337.55 pence.

Telecom Italia SpA climbed 1 percent to 58.4 euro cents, extending yesterday’s 7.8 percent advance, as the company said it’s examining a possible merger with Hutchison Whampoa Ltd.’s Italian division, H3G SpA.


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

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