Novosti i prognoe: tržište kapitala od 09-05-2014

European stocks traded lower due to the weak earnings results from companies across Europe and in the absence of any major economic reports in Europe.

But tensions in Ukraine also continued to put under pressure stock markets. Pro-Russia separatists in eastern Ukraine ignored a public call by Russian President Vladimir Putin to postpone a referendum.

Telefonica shares declined 2.7%. The company released a 23% decrease in first quarter net profits.

Petrofac, energy services group, shares dropped 15.0% after lowering its net income outlook for 2014.

Indexes on the close:

Name                                   Price                                    Change                 Change %

FTSE 100                             6,814.57                             -24.68                     -0.36%

DAX                                      9,581.45                             -25.95                     -0.27%

CAC 40                                 4,477.28                             -29.96                     -0.66%

U.S. stock futures were little changed as investors assessed earnings from some companies.

Global markets:

Nikkei 14,199.59 +35.81 +0.25%

Hang Seng 21,862.99 +25.87 +0.12%

Shanghai Composite 2,011.13 -4.14 -0.21%

FTSE 6,823.15 -16.10 -0.24%

CAC 4,485.75 -21.49 -0.48%

DAX 9,597.37 -10.03 -0.10%

Crude oil $100.61 (+0.35%)

Gold $1292.20 (+0.35%)

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

Upgrades:

Twitter (TWTR) upgraded to Neutral from Underperform at BofA/Merrill

Downgrades:

Apple (AAPL) downgraded to Buy from Strong Buy at ISI Group, target raised to $675 from $600

Other:

European stocks plunged due to the weak earnings results from companies across Europe.

But tensions in Ukraine also continued to put under pressure stock markets. Pro-Russia separatists in eastern Ukraine ignored a public call by Russian President Vladimir Putin to postpone a referendum.

Telefonica shares declined 2.9%. The company released a 23% decrease in first quarter net profits.

Petrofac, energy services group, shares dropped 15.8% after lowering its net income outlook for 2014.

Current figures:

Name                                   Price                                    Change                 Change %

FTSE 100                             6,817.13                             -22.12                     -0.32%

DAX                                      9,577.93                             -29.47                     -0.31%

CAC 40                                 4,483.18                             -24.06                     -0.53%

Asian stock indices were exhibiting a mixed trend. The weak Chinese economic data put under pressure stock markets. China's consumer price index (CPI) increased 1.8% year-on-year in April, the lowest inflation rate in 18 months. Analysts had expected a 2.1% gain. China’s producer price index (PPI) declined 2.0% year-on-year in April. Analysts had forecasted a decline of 1.8%.

Indexes on the close:

Nikkei 225                     14,199.59         +35.81       +0.25%

Hang Seng                     21,862.99          +25.87      +0.12%

Shanghai Composite      2,011.13            -4.14       -0.21%