Analytics, News, and Forecasts for CFD Markets: stock news — 20-06-2012.

European stocks advanced, sending the Stoxx Europe 600 Index to its highest level in more than a month, amid speculation the Federal Reserve will expand Operation Twist to help sustain economic growth.

Euro-area leaders at the Group of 20 summit in Mexico yesterday pledged to take “all necessary policy measures” to defend the currency union as world leaders endorsed a road map for tighter integration to cut borrowing costs and prevent further damage to the global economy. Attention now shifts to a summit of European Union leaders in Brussels on June 28-29.

National benchmark indexes rallied in all 18 western- European markets except in Switzerland and Ireland. The U.K.’s FTSE 100 Index added 0.6 percent and Germany’s DAX increased 0.5 percent. France’s CAC 40 increased 0.3 percent.

Aer Lingus paced advancing shares after Ryanair, Europe’s biggest discount airline, offered to buy its Irish rival for 694 million euros ($883 million). Aer Lingus surged 15 percent to 1.09 euros in Dublin, the most since September 2009, as Ryanair, which already holds a 29.8 percent stake, said it intends to make an all-cash offer of 1.30 euros per share.

H&M gained 4.8 percent to 241.50 kronor after Europe’s second-largest clothing retailer reported a 23 percent increase in second-quarter profit to 5.22 billion kronor ($751 million) as U.S. and Asian sales rose. The average of 14 analysts’ estimates compiled by Bloomberg called for 4.86 billion kronor.

Kesa Electricals Plc dropped 5 percent to 52.5 pence after the owner of the Darty electronics chain reported a 42 percent slump in full-year adjusted pretax profit to 59 million euros. The company cut its dividend and said Mothercare Plc’s Alan Parker will replace David Newlands as chairman. The shares had climbed 19 percent over the previous four days.

U.S. stocks swung between gains and losses as investors weighed European discussions to step up efforts to fight the debt crisis and the Federal Reserve’s plans to extend its program known as Operation Twist.

Stocks recovered as German Chancellor Angela Merkel said bond purchases by the European bailout fund are a possibility, while European Union President Herman Van Rompuy’s blueprint for the euro was said to discuss jointly issued short-term bills, a debt-redemption fund and common banking supervision, according to two officials familiar with the work on the project.

The Fed will expand its program to replace short-term bonds with longer-term debt by $267 billion through the end of the year in a bid to reduce unemployment and protect the expansion. The original Operation Twist was set to expire this month.

Policy makers left unchanged their view that economic conditions will probably warrant keeping interest rates “exceptionally low” at least through late 2014. The policy- making committee has kept the main interest rate in a range of zero to 0.25 percent since December 2008.

Resistance of 3:1400 (area of May 3 high)

Resistance of 2:1370 (May 7 high)

Resistance of 1:1355 (61,8% FIBO 1412-1265, Jun 19 high)

Current Price: 1349.00

Support 1:1346 (session low)

Support 2:1336 (Jun 19 low)

Support 3:1327 / 25 (Jun 18 low, MA (200) for H1)

U.S. stock futures rose slightly as Greece worked toward a new government and investors awaited a Federal Reserve announcement on whether it will boost the economy.

Company news:

Shares of P&G lost 1.54% to $61.25 after company reduced forecasts illustrate the difficulties faced by consumer-products makers as rising unemployment in Europe and North America restricts spending.

Global Stocks:

Nikkei 8,752.31 +96.44 +1.11%

Hang Seng 19,518.85 +102.18 +0.53%

Shanghai Composite 2,292.88 -7.92 -0.34%

FTSE 5,610.98 +24.67 +0.44%

CAC 3,110.51 -7.41 -0.24%

DAX 6,377.99 +14.63 +0.23%

Crude oil $83.73 (-0.37%)

Gold $1604.20 (+1.17%)

Asian stocks rose, with the regional benchmark index heading for its highest close in a month, amid speculation the Federal Reserve will expand stimulus measures and after the Group of 20 leaders pledged to support economic growth and help overcome Europe’s debt crisis.

Nikkei 225 8,752.31 +96.44 +1.11%

Hang Seng 19,529.58 +112.91 +0.58%

S&P/ASX 200 4,132.44 +9.11 +0.22%

Shanghai Composite 2,292.88 -7.92 -0.34%

Sony Corp., Japan’s biggest exporter of consumer electronics, gained 3.5 percent after the country’s overseas shipments rose.

Sumitomo Mitsui Trust Holdings Inc. jumped 4.3 percent after the Japanese bank said it plans to boost overseas loans this year.

Consolidated Media Holdings Ltd. surged 9.7 percent in Sydney after News Corp. offered to buy Australia’s largest pay television network for A$2 billion ($2 billion).

Change % Change Last

Nikkei 225 8,655.87 -65.15 -0.75%

Hang Seng 19,416.67 -11.14 -0.06%

S&P/ASX 200 4,123.33 -13.57 -0.33%

Shanghai Composite 2,300.8 -15.26 -0.66%

FTSE 100 5,586.31 +95.22 +1.73%

CAC 40 3,117.92 +51.73 +1.69%

Xetra DAX 6,363.36 +115.16 +1.84%

S&P 500 1,358.12 +13.34 +0.99%

NASDAQ Composite 2,930.53 +35.20 +1.22%

Dow 12,846.98 +105.16 +0.83%