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Analytics, News, and Forecasts for CFD Markets: stock news — 15-08-2012.
European (SXXP) stocks were little changed, after the Stoxx Europe 600 reached its highest level in almost five months yesterday, as a worse-than-expected manufacturing report for the New York area revived hopes the Federal Reserve will act to stimulate the economy.
The Stoxx 600 lost 0.1 percent to 270.35 at the close of trading.
European stocks rallied for the last 10 weeks amid better-than-expected company earnings and speculation policy makers from will do more to stimulate the economy. The Stoxx 600 climbed yesterday as a report showed German growth slowed less than forecast.
National benchmark indexes declined in eight of the western-European markets that were open today.
FTSE 100 5,833.04 -31.74 -0.54% CAC 40 3,449.2 -1.07 -0.03% DAX 6,946.8 -27.59 -0.40%
A gauge of European mining companies posted the worst performance of the 19 industry groups in the Stoxx 600.
Iron-ore prices dropped to the lowest since Dec. 2009 yesterday on slower growth in China, the biggest user of the raw material, and a weaker outlook for the global economy.
Rio Tinto lost 3.4 percent to 3,038 pence, contributing the most to the Stoxx 600’s decline, while BHP Billiton Plc fell 2.3 percent to 1,936.5 pence.
Eurasian Natural Resources (ENRC) slid 8.5 percent to 379.6 pence, its biggest decline since Sept. 22. First-half sales of $3.25 billion missed the average $3.4 billion analyst estimate, and the company said the market will remain volatile with uncertain pricing. Net income for the period fell 60 percent to $463 million.
Imperial Tobacco Group Plc (IMT) lost 1.7 percent to 2,489 pence. Australia will become the first country to require cigarettes to be sold in uniform packages after its top court rejected a challenge from tobacco companies, setting a precedent for other nations to follow.
Vodafone Group Plc (VOD) fell 1 percent to 188.75 pence after Bank of America Corp. cut the world’s second-biggest mobile- phone company to neutral, the equivalent of hold, from buy.
FirstGroup Plc (FGP) slumped 6.1 percent to 243.2 pence. The company won a U.K. Department for Transport contract to operate the new InterCity West Coast rail franchise, which links London with Scotland, until 2026. Shares had gained 7.6 percent in the last five sessions after reports that it may win the contract.
Standard Chartered increased 4.1 percent to 1,426.5 pence.
Nokia Oyj (NOK1V) rallied 3.4 percent to 2.08 euros. The company will keep Windows as its smartphone platform, citing Chief Executive Officer Stephen Elop.
U.S. stock-index futures fell after a Federal Reserve report showed manufacturing in the New York area unexpectedly contracted.
Deere & Co. (DE) dropped more than 5% as profit trailed analysts’ estimates and the largest maker of farm equipment cut its full- year earnings forecast.
Global Stocks:
Nikkei 8,925.04 -4.84 -0.05%
Hang Seng 20,052.29 -239.39 -1.18%
Shanghai Composite 2,118.94 -23.58 -1.10%
FTSE 5,839.76 -25.02 -0.43
CAC 3,444.91 -5.36 -0.16%
DAX 6,935.19 -39.20 -0.56%
Crude oil $93.04 -0,42%
Gold $1603.90 +0.09%
Negative background for creating trading yesterday released data on the euro area (index of sentiment in the business environment of the institute ZEW, data on industrial production and GDP), which were worse than expected. It also does not add any positive corporate reporting companies Rio Tinto and Carlsberg.
The market is waiting for data on the consumer price index and industrial production of the United States.
At the moment:
FTSE 100 5,843.59 -21.19 -0.36%
CAC 40 3,437.65 -12.62 -0.37%
DAX 6,937.41 -36.98 -0.53%
Asian stocks fell a third time in four days as earnings at China Aerospace International Holdings Ltd. disappointed investors and steelmakers slid after the world’s biggest ore producer said China’s golden years of growth are over.
Nikkei 225 8,925.04 -4.84 -0.05%S&P/ASX 200 4,281.2 -10.97 -0.26%
Shanghai Composite 2,118.94 -23.58 -1.10%
China Aerospace slumped 5.3 percent in Hong Kong after the maker of liquid-crystal displays said first-half profit probably dropped.
Kobe Steel Ltd. and other makers of industrial materials declined after an official at Vale SA said China’s growth is slowing.
Great Wall Motor Co. slid 3.7 percent after Australia’s consumer protection agency said asbestos was found in cars made by the Chinese automaker.
Asian stocks rose as Bank of Japan minutes showed policy makers are considering steps to boost the economy, and before U.S. retail sales data expected to signal demand is recovering in the world’s largest economy.
Nikkei 225 8,929.88 +44.73 +0.50%
S&P/ASX 200 4,292.2 +8.91 +0.21%
Shanghai Composite 2,142.52 +6.45 +0.30%
Yue Yuen Industrial Holdings Ltd., which makes shoes for Nike Inc., rose 1.1 percent in Hong Kong.
Noble Group Ltd., Asia’s biggest-listed commodity supplier, gained 7.2 percent in Singapore after second-quarter profit rose 39 percent.
Swire Properties Ltd. slumped 5.7 in Hong Kong after saying John Swire & Sons Ltd. is selling shares in the commercial landlord.
European stocks gained, rebounding from a two-day decline, as a report showed German growth slowed less than forecast, while minutes revealed that several Bank of Japan policy makers are prepared to stimulate the economy.
Standard Life Plc (SL/) rallied 8.1 percent as first-half profit at Scotland’s biggest insurer rose 15 percent. A.P. Moeller- Maersk A/S advanced 3.2 percent after increasing the full-year forecast for its container-shipping unit. CRH Plc (CRH) plunged 4.8 percent after saying a European sales decline will worsen.
The Stoxx Europe 600 Index (SXXP) gained 0.7 percent to 270.54 at the close.
Germany’s economic growth slowed less in the second quarter than economists had forecast as exports and household spending helped to fend off the impact of the sovereign-debt crisis on Europe’s largest economy. Gross domestic product rose 0.3 percent from the first quarter.
National benchmark indexes advanced in 15 of the 18 western-European markets today.
FTSE 100 5,864.78 +32.90 +0.56% CAC 40 3,450.27 +23.86 +0.70% DAX 6,974.39 +64.71 +0.94%
In Tokyo, minutes of the BOJ’s last meeting showed several board members said the central bank should not dismiss any policy options in combating risks to the economy.
A U.S. Commerce Department release showed that retail sales rose in July more than economists had predicted. They climbed 0.8 percent, their first advance in four months, exceeding the 0.3 percent median estimate of economists.
Standard Life surged 8.1 percent to 277.4 pence as operating profit climbed to 302 million pounds ($474 million) from 262 million pounds a year earlier. That beat the 263 million-pound median prediction of analysts.
Maersk advanced 3.2 percent to 41,880 kroner after reporting that its container business, the world’s largest, returned to profit in the second quarter as freight rates jumped. The company predicted a modest full-year profit for the unit. It had projected a “negative to neutral” result.
Aker Solutions ASA (AKSO) climbed 5.7 percent to 101.50 kroner. The Norwegian oil-services company reported second-quarter profit and sales that beat estimates.
Galp Energia SGPS SA (GALP) rose 1.3 percent to 11.72 euros after Portugal’s biggest oil producer said tests confirmed the presence of good quality crude at a well off the coast of Brazil known as Carcara. Galp holds a 14 percent stake in the consortium exploring the Carcara well.
Hochtief AG (HOT) declined 2.3 percent to 40 euros as Germany’s largest builder said that its profit targets for the year have become more challenging. The company set aside money for a delayed concert-hall project. It posted a second-quarter net loss of 15 million euros.
Even despite the fact that the indices provided support for a stronger-than-expected retail sales data, the current session still ended in the red. In such a dynamic and influenced by the negative statistics from Europe.
Today's data is recorded growth in retail sales in the U.S. at the end of July by 0.8% expected growth rate of 0.4%. The value of the index for June was revised up to -0.7% from -0.5%.
Profit Home Depot (HD) in the second quarter diluted earnings per share exceeded analysts' forecasts, while revenue was lower. Pi, the company raised its earnings forecast for the 2013 fiscal year above the average forecast of the market. Shares of HD today updated the historical high, reaching $ 54.93.
Against the background of the holiday season volumes in the market remain weak.
As part of DOW index most of the components in the red. Below are the remaining shares of Alcoa, Inc (AA, -1,87%). Over the rest of the shares rose in price Home Depot (HD, +3,48%).
Branches in the context of almost all components of the S & P are in the red. The growth shows only the health sector (0.3%), service sector (+0.1%). The greatest reduction in the basic materials sector shows (-0.4%).
At the time of closure:
Dow +2.63 13,172.06 +0.02%
Nasdaq -5.54 3,016.98 -0.18%
S & P -0.14 1,403.97 -0.01%
Change % Change Last
Nikkei 225 8,929.88 +44.73 +0.50%
S&P/ASX 200 4,292.2 +8.91 +0.21%
Shanghai Composite 2,142.52 +6.45 +0.30%
FTSE 100 5,864.78 +32.90 +0.56%
CAC 40 3,450.27 +23.86 +0.70%
DAX 6,974.39 +64.71 +0.94%
Dow +2.63 13,172.06 +0.02%Nasdaq -5.54 3,016.98 -0.18%
S&P -0.14 1,403.97 -0.01%
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