Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



17.09.2013 17:20

European stocks close

European stocks declined from a five-year high as investors sold holdings in companies from Lloyds Banking Group Plc to Continental AG.

In Germany, a report showed that investor confidence in Europe’s largest economy increased in September to the highest level since April 2010. An index compiled by the ZEW Center for European Economic Research, which aims to predict economic developments six months in advance, rose to 49.6 from 42 in August. That exceeded the median economist projection for a reading of 45.

National benchmark indexes dropped in 14 of the 18 western-European markets today. Germany’s DAX and France’s CAC 40 fell 0.2 percent. The U.K.’s FTSE 100 declined 0.8 percent.

Lloyds retreated 3.5 percent to 74.7 pence after UK Financial Investments Ltd. sold a 6 percent stake in Britain’s largest mortgage lender. The body, which oversees the government’s holdings in banks, said it sold 4.28 billion shares at 75 pence apiece. The transaction reduced the government’s stake in Lloyds to 32.7 percent from 38.7 percent.

Continental fell 3.1 percent to 123 euros after Schaeffler AG and Schaeffler Verwaltungs GmbH sold a combined stake of 4 percent in Europe’s second-largest maker of auto parts. Schaeffler and its holding company sold 7.8 million shares at 122.50 euros a share, according to a statement.

A gauge of carmakers slipped 1.4 percent from its highest level in at least 26 years after a report showed European car sales fell 4.9 percent in August. Volkswagen AG lost 1.5 percent to 180.25 euros. PSA Peugeot Citroen and Renault SA, France’s biggest automobile manufacturers, dropped 2.5 percent to 12.32 euros and 2.4 percent to 58.15 euros, respectively.

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
March 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