Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:
  • All news
  • Currencies
  • Stocks
  • Commodities

10.09.2013 17:20

European stock close

European stocks rose to their highest level in 3 1/2 months as Chinese economic data beat estimates and the U.S. offered to defer an attack on Syria if it complied with a Russian proposal to give up chemical weapons.

The Stoxx Europe 600 Index rallied 1.4 percent to 309.99 at 4:30 p.m. in London, its highest level since May 22. The gauge has surged 11 percent this year as central banks around the world maintained stimulus measures and the global economy showed signs of recovery.

China’s industrial output rose 10.4 percent in August from a year earlier and retail sales gained 13.4 percent, the National Bureau of Statistics said today. The advance in industrial production compared with a median estimate for 9.9 percent growth and a 9.7 percent increase in July. The retail-sales figure compared with a projection for 13.3 percent advance and a 13.2 percent gain the previous month.

National benchmarks rose in 17 of the 18 western European markets today.

FTSE 100 6,583.99 +53.25 +0.82% CAC 40 4,116.64 +76.31 +1.89% DAX 8,446.54 +170.22 +2.06%

U.S. President Barack Obama said on ABC News that an assault on Syria will “absolutely” be put on hold if it agrees to surrender chemical weapons. Interfax reported that Bashar al-Assad’s government accepted a Russian-backed plan to establish international control over such arms following an attack last month that killed hundreds of people in the suburbs of Damascus. Obama will address Americans on television at 9 p.m. Washington time.

Peugeot gained 1.9 percent to 12.33 euros, its highest since March 2012. Maxime Picat, managing director of the Peugeot brand, said at the Frankfurt auto show the carmaker will not cut prices even as it faces price pressure in Europe. Separately, a report from the China Association of Automobile Manufacturers showed auto sales to dealerships in the world’s second-biggest economy rose 11 percent last month from a year ago.

Glencore Xstrata (GLEN) advanced 2.5 percent to 329.25 pence, its highest price since May 30. The world’s biggest exporter of power-station coal said in a statement that “synergies” from its merger with Xstrata will be at least $2 billion, exceeding the initial guidance of $500 million. The Baar, Switzerland-based company released the statement before its investor meeting in London today.

Neste Oil surged 13 percent to 17.29 euros. Finland’s only refiner said comparable operating profit will increase to more than 530 million euros ($702 million) in 2013. Earlier, the company had merely said profit will be an improvement over last year’s 355 million euros.

Ashmore Group Plc (ASHM) jumped 5.8 percent to 384.1 pence. The U.K. fund manager that invests in emerging markets reported full-year pretax profit and revenue that exceeded estimates. The London-based company also raised its dividend.

Eiffage SA lost 5.2 percent to 41.40 euros. Groupama SA sold shares of the company that manages toll roads and other infrastructure at 41.75 euros apiece, according to a person with direct knowledge of the transaction.

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


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