Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


27.06.2013 10:30

Major stock indexes in Europe have not changed

European stocks were little changed, following the Stoxx Europe 600 Index's largest two-day rally in 11 months, as investors awaited a report on U.S. personal spending. U.S. index futures were also little changed, while Asian shares rallied.

The Stoxx 600 was unchanged at 284.53 at 11 a.m. in London after falling as much as 0.3 percent and rising as much as 0.2 percent. The gauge has tumbled 5.5 percent in June, its first monthly retreat in a year. Standard & Poor's 500 Index futures increased 0.2 percent today, following a two-day rally for the U.S. equity benchmark. The Federal Reserve chairman indicated on June 19 that the central bank may start paring its bond-buying program if the economy strengthens. Stocks rebounded yesterday after a report showing slower-than-estimated U.S. economic growth fueled speculation that the central bank will maintain stimulus. The Stoxx 600 has lost 3.2 percent this quarter, its first drop in a year, paring its advance in 2013 to 1.7 percent.

The federal government releases economic data at 8:30 a.m. that may show U.S. personal spending rose in May at the fastest pace in three months. A separate report from the Labor Department at the same time may show jobless claims fell last week.

Subsea 7 tumbled 16 percent to 103.10 kroner after saying it no longer expects full-year earnings to grow from 2012. The Norwegian company increased its estimate for the full-life loss on the Guara-Lula NE project off the coast of Brazil.

Solvay retreated 4.9 percent to 97.70 euros, the biggest drop on a gauge of European chemical makers. Lanxess AG slid 4.7 percent to 45.95 euros and BASF SE lost 3 percent to 67.62 euros after JPMorgan downgraded all three companies to underweight, which is similar to a sell recommendation.

Bankia added 2.2 percent to 59.7 euro cents as the banking group bailed out by the Spanish government last year sold the holding in IAG (IAG) that it obtained in the 2011 merger of British Airways and Iberia.

The company's Bankia Bolsa SA brokerage arm, together with Bank of America Corp., sold the 224.3 million IAG shares at 256 pence apiece, according to a statement.

DS Smith Plc (SMDS) climbed 4.3 percent to 250 pence. The paper company increased its dividend 36 percent to 8 pence apiece, more than analysts had estimated. DS Smith also reported full-year revenue and earnings that beat analysts' estimates. The company added that the current year has started well, matching its expectations.

FTSE 100 6,189.45 +23.97 +0.39%

CAC 40 3,727.65 +1.61 +0.04%

DAX 7,948.31 +7.32 +0.09%

27.06.2013 12:00

Orders

Market Focus

  • US nonfarm payrolls rise more than expected in July
  • Canada’s merchandise trade deficit widens in June
  • Canada unemployment rate falls to lowest level since October 2008
  • Canada Ivey PMI falls less than expected in July
August 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
21
22
23
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