Novosti i prognoe: tržište kapitala od 02-09-2014

Stock indices traded little changed. Market participants speculate that the European Central Bank (ECB) will add further stimulus measures. The ECB will released its interest rate decision on Thursday.

USA and the European Union threatened further economic sanctions on Russia. Investors have concerns that sanctions against Russia would have a negative impact on the economic growth in the Eurozone.

Eurozone's producer price index fell 0.1% in July, after a 0.2% gain in June. June's figure was revised up from a 0.1% increase. Analysts had expected the producer price index to be flat.

On a yearly basis, Eurozone's producer price index dropped 1.1% in July, in line with expectations, after a 0.8% decline in June.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,829.17 +3.86 +0.06%

DAX 9,507.02 +27.99 +0.30%

CAC 40 4,378.33 -1.40 -0.03%

U.S. stock-index futures were little changed as investors speculated data will show manufacturing in the world's biggest economy continued to expand in August.

Global markets:

Nikkei 15,668.6 +192.00 +1.24%

Hang Seng 24,749.02 -3.07 -0.01%

Shanghai Composite 2,266.05 +30.54 +1.37%

FTSE 6,822.94 -2.37 -0.03%

CAC 4,383.16 +3.43 +0.08%

DAX 9,510.37 +31.34 +0.33%

Crude oil $94.88 (-1.13%)

Gold $1267.80 (-1.54%)

(company / ticker / price / change, % / volume)

Upgrades:

Tesla (TSLA) upgraded to Buy from Hold at Stifel, target $400

Downgrades:

Boeing (BA) downgraded to Underperform from Neutral at Buckingham Research

Other:

Apple (AAPL) target raised to $120 from $105 at Piper Jaffray

Stock indices traded little changed on speculation that the European Central Bank (ECB) will add further stimulus measures. The ECB will released its interest rate decision on Thursday.

USA and the European Union threatened further economic sanctions on Russia. Investors have concerns that sanctions against Russia would have a negative impact on the economic growth in the Eurozone.

Eurozone's producer price index fell 0.1% in July, after a 0.2% gain in June. June's figure was revised up from a 0.1% increase. Analysts had expected the producer price index to be flat.

On a yearly basis, Eurozone's producer price index dropped 1.1% in July, in line with expectations, after a 0.8% decline in June.

Current figures:

Name Price Change Change %

FTSE 100 6,834.6 +9.29 +0.14%

DAX 9,561.71 +82.68 +0.87%

CAC 40 4,398.58 +18.85 +0.43%

Most Asian stock indices closed higher.

Japanese stocks were driven by the weaker yen. The yen weakened on reform hopes. Japan's Prime Minister Shinzo Abe plans to reshuffle the cabinet. Japanese media reports said that Shinzo Abe may appoint Yasuhisa Shiozaki, member of the ruling Liberal Democratic Party, to head the health ministry in charge of reforming the Government Pension Investment Fund (GPIF).

Reuters reported last month that GPIF plans to buy more domestic stocks in its portfolio and to change the weighting of domestic stocks to more than 20% from a current 12% target.

Chinese stocks were driven by the by defence and technology companies. Investors speculate that the government will increase military spending to boost economic growth.

Escalating tensions between Russia and Ukraine continued to weigh on markets.

Hyundai Motor Co. shares fell 2.8% after the company reported that car sales declined 5.9% in August from a year earlier.

Nintendo Co. shares rose 2.9%.

Samsung Electronics Co. decreased 2.6% due to reports that the company's operating profit will decline in this quarter.

Indexes on the close:

Nikkei 225 15,668.6 +192.00 +1.24%

Hang Seng 24,749.02 -3.07 -0.01%

Shanghai Composite 2,266.05 +30.54 +1.37%