Thursday, July 29, 2010

World stock markets: the bulls have tempered his enthusiasm, but maintain a presence

Wednesday, January 20, 2010, 8:09
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Wednesday, 6 January, the buying mood in world markets somewhat diminished. The data on business activity in non-productive sector in general were not too impressive; news background was diluted individual unfavorable news from China and Europe.


Europe

Stock markets in Europe have shown mixed dynamics with a predominance of positive dimension. Indicators of business activity in services for Europe were generally at or slightly worse than expectations, but their values are above level 50 points were given to understand that in December, continued expansion of non-productive sphere. Strengthening of metals prices supported by quotations in the commodity sector.

Most of the region”s markets closed the session in positive territory. The British FTSE 100 and CAC 40 added about 0,1%, German DAX recorded a slight change. Markets of Austria, Greece, Sweden and the rest. Regional indicator Dow Jones Stoxx 600, adds something, you lose in the course of the session, ended up in positive territory at 0,1%.

Commodity distinguished third-largest global mining company Rio Tinto Group, whose shares in the auction in London pribavili2, 6% due to the strengthening of copper prices.

Shares automaker PSA Peugeot Citroen jumped 6,4% on the background of the fact that BofA Merrill Lynch analysts raised their rating.

British retail sector proved to be an outsider trading, headed by a leading clothing retailer Marks Spencer Group, disappointing investors their sales reports.

U.S.

The American stock market by the end of the session passed the position - the effect of reducing the quotation of IT and telecom sector was stronger than the effect of strengthening the commodity component. In the course of the session codes repeatedly moved from the “green” zone in “red” and back. Left macroeconomic data, in particular the index of business activity in the service sector is not particularly heartened investors.

As a result of trading indicator of blue chips Dow Jones Industrial Average added 0.02% or 1.66 points to level at 10,573.68 points, the index of wide market SP 500 rose 0.05% or 0.62 points at 1,137.14 to the mark points and the index of high-technology Nasdaq Composite fell by 0.33% or 7.62 points to 2,301.09 points.

Shares of telecommunications giant Verizon Communications fell 3% against the background of the CEO”s statement that the earnings per share may decline. Google stock fell under a sale one day after the presentation of the new smartphone.

Retailer Family Dollar soared more than 10% after the publication of quarterly reports, which showed profit growth of 14% in excess of forecasts.

Latin America

Stock markets in Latin America as a whole have demonstrated positive dynamics due to an increase in the commodities market, bidders are less likely to expect a rate hike by the central bank of Brazil.

The Brazilian Bovespa index added 0.7% to 70 729.34 points. The Mexican Bolsa rose by 0,3%, Chile”s Ipsa left in plus on 0,4%. Argentine Merval collapsed on 1,6% after the president tried to take down as head of the central bank.

At the auctions in Brazil, shares of the largest beef producer JBS added 1,6% against the background of positive comments from Itau Unibanco. Brazilian operators of shopping centers have moved into the head of BR Malls Participacoes against the background of comments from Deutsche Bank.

Commodity stocks leading iron ore producer Vale risen by 2%.

Asia

At the auctions in Asia on Thursday, January 7, Bearish sentiment prevailed in the background news that China will take measures to limit the rate of growth of lending. Strengthening Asian currencies contributed to the sale of shares of major exporters.

Japanese Nikkei 225 index lost 0.5%, Hong Kong”s Hang Seng sank 0.7%, South Korea”s Kospi lost 1.3%. Chinese Shanghai Composite has lost 1,9%.

Among exporters looked worse than the other LG Electronics - shares fell 7,6% in trading in Seoul. Paper Canon lost 2.5% against the background of negative comments from analysts of Credit Suisse.

 

USA: the market finished the week by a wave of euphoria
World stock markets: News from China was the main reason for the reduction indices
World stock markets: “bulls” so far managed to keep the position
World stock markets: in 2010 started with a bullish note
USA /Europe /Latin America /Asia: encouraging annual results helped to start the new year with optimism
Asia: finishing segment performed
ETF international markets: the crisis has brought incredible profits
Latin America: the Chilean market does not become a leader for the year
United States: a slight increase before the last in this year”s trading session

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