Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


14.05.2013 10:15

European stock indices fell

European stocks declined for a second day, led by a retreat in mining shares, as concern grew China's economy will slow and German investor sentiment gained less than estimated in May. U.S. futures fell, while Asian shares rose.

The Stoxx Europe 600 Index lost 0.5 percent to 303.08 at 10:08 a.m. in London.

German investor confidence rose less than economists forecast in May. The ZEW Center for European Economic Research in Mannheim said its index of investor and analyst expectations, which aims to predict economic developments six months in advance, increased to 36.4 from 36.3 in April. Economists forecast a gain to 39,5, according to the median estimates

Finance chiefs from the 27 members of the European Union meet today in Brussels to discuss plans to create a banking union for the region. The 17 euro-area finance chiefs also met yesterday.

A gauge of commodity producers was the worst performer of the 19 industry groups in the Stoxx 600 as JPMorgan lowered its forecast on China's 2013 gross domestic product to 7.6 percent from 7.8 percent, citing weak domestic demand.

Anglo American slipped 2.5 percent to 1,537 pence and Rio Tinto, the world's second-biggest mining company, fell 2.2 percent to 2,935 pence.

Aurubis AG retreated 5.5 percent to 46.59 euros as the world's second-largest producer of refined copper posted second-quarter earnings before interest and taxes of 11 million euros, missing the average analyst projection of 15.9 million euros.

Commerzbank declined 2.5 percent to 9.69 euros, the lowest price since at least 1992. Germany's second-biggest bank said it is offering the right to buy 20 shares for every 21 held by investors at 4.5 euros apiece. That equates to a 55 percent discount to yesterday's share price, or 38 percent below the 7.28 euros a share theoretical price the stock would have following the rights issue. The stock will be offered from tomorrow until May 28, the bank said on its website.

GDF Suez SA, Europe's largest utility by market value, declined 2.8 percent to 16.26 euros. Groupe Bruxelles Lambert SA sold 65 million shares in GDF for 16.26 euros, less than yesterday's closing price.

FTSE 100 6,623.59 -8.17 -0.12%

CAC 40 3,932.58 -12.62 -0.32%

DAX 8,268 -11.29 -0.14%

14.05.2013 12:00

Orders

Market Focus

  • The Bank of Japan decided by a 7-2 majority vote to hold the interest rate at -0.10%
  • Earnings Season in U.S.: Major Reports of the Week
  • U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week
  • Australian unemployment rate stable at 5.6% in June
July 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
2
24
25
26
27
28
29
30
31

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