(+357) 22314160


Show news:

08.05.2013 17:20

European stock close:

European stocks climbed, with the Stoxx Europe 600 Index extending its highest level since June 2008, as companies from ING Groep NV (INGA) to Deutsche Telekom AG (DTE) posted quarterly earnings that beat estimates.

The Stoxx 600 rose 0.6 percent to 303.67 at the close. The benchmark gauge rallied yesterday to its highest level since June 2008 as companies from HSBC Holdings Plc to Allianz SE reported earnings that beat estimates. It has gained 8.6 percent so far in 2013, its best start to a year since 2006.

German industrial production increased for a second month in March, a report showed. Production rose 1.2 percent from February, the Economy Ministry in Berlin said. Economists surveyed had forecast a 0.1 percent decline.

In China, a report from the General Administration of Customs showed that exports rose 14.7 percent in April. That exceeded the 9.2 percent median forecast of analysts. Imports climbed 16.8 percent, compared with the average projection of 13 percent. The trade surplus for the world's second-largest economy widened to $18.2 billion.

National benchmark indexes gained in 13 of the 18 western- European markets today.

FTSE 100 6,583.48 +26.18 +0.40% CAC 40 3,956.28 +34.96 +0.89% DAX 8,249.71 +67.93 +0.83%

ING climbed 3.1 percent to 6.79 euros as the Dutch lender posted first-quarter net income of 1.8 billion euros ($2.4 billion). That beat the 1.48 billion euros average prediction of analysts. The financial-services company registered a 950 million-euro gain for the period from selling assets in Hong Kong, Thailand and Macau. Chief Executive Officer Jan Hommen said in a statement that the company will hold an initial public offering for its European insurance business in 2014. ING plans to save 1 billion euros a year by 2015.

Deutsche Telekom gained 4.7 percent to 9.56 euros after posting first-quarter earnings before interest, taxes, depreciation and amortization, adjusted for some items, of 4.29 billion euros. That beat the 4.24 billion-euro average estimate of analysts. Germany's biggest phone company said that its U.S. mobile-phone customers rose for the first time in 15 months.

Delhaize rose 1.4 percent to 48.85 euros after the owner of the Food Lion supermarket chain said in a statement that Pierre- Olivier Beckers will stand down as CEO. Delhaize also reported a first-quarter profit of 61 million euros.

Teleperformance SA jumped 6.2 percent to 36.24 euros, its highest price since January 2001, after saying so-called organic sales grew by 12 percent in the first quarter, driven by business in Latin America. The French operator of call centers also said its margin on earnings before interest, taxes and amortization, excluding one- off items, will grow by 9.3 percent to 9.5 percent in 2013, confirming its previous guidance.

Standard Chartered dropped 4.4 percent to 1,625 pence, its biggest plunge since August 2012. Britain's second-largest lender by market value said first-quarter operating profit declined because wholesale-banking revenue decreased.

Market Focus

January 2018
  • 2018
  • 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

Fb twitter linkedIn youtube
proficient forex broker teletrade
  • © 2011-2018 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