Novosti i prognoe: tržište kapitala od 13-06-2012

European stocks declined as borrowing costs increased at debt auctions in Germany and Italy and as Sweden’s SKF AB reported weakening demand for its products in the second quarter.

Germany sold 4.04 billion euros ($5.08 billion) of 10-year bunds today at an average yield of 1.52 percent, up from a rate of 1.47 percent at the last auction on May 16. Investors bid for 5.81 billion euros of the bunds, above the 5 billion-euro maximum sales target for the auction, the Bundesbank said.

In Italy, borrowing costs surged at the sale of 6.5 billion euros of bills. The Rome-based Treasury sold the one-year securities at 3.972 percent, 1.6 percentage points more than the 2.34 percent at the previous auction on May 11. Investors bid for 1.73 times the amount offered, down from 1.79 times last month.

National benchmark indexes fell in 11 of the 18 markets in western Europe. France’s CAC 40 lost 0.6 percent, the U.K.’s FTSE 100 rose 0.2 percent and Germany’s DAX fell 0.1 percent. Spain’s IBEX 35 rose 1.4 percent as shares of Inditex SA (ITX) surged to a record.

SKF tumbled 7.3 percent to 133.20 kronor in Stockholm, its biggest decline since August, after the company reported “slightly lower” demand for its products and services in the second quarter than in the same period a year earlier.

Renault led a selloff by carmakers, falling 4.2 percent to 30.98 euros as Carlos Ghosn, chief executive officer of Renault and Nissan Motor Co., forecast “three to four more years of stagnation” in Europe’s auto industry, according to a Reuters report.

U.S. stocks swung between gains and losses as JPMorgan Chase & Co. sparked a rally in bank shares, tempering a disappointing retail sales report.

Equities slid earlier after retail sales fell in May for a second month as slower employment and subdued wage gains damped demand. Alexis Tsipras, whose Greek Syriza party is vying for first place in pre-election polls, said he expects the European Union will do all it can to keep Greece in the euro even if he wins elections and carries out his promise to repeal the austerity measures required to receive emergency loans.

Dell Inc. advanced 3.8 percent after saying it will pay a dividend.

Caterpillar Inc. (CAT) and и Co. retreated at least 0.8 percent to pace declines in the biggest companies.

JPMorgan (JPM) jumped 3.5 percent as Chief Executive Officer Jamie Dimon testified about his bank’s practices to lawmakers.

Resistance 3:1350 (МА (55) for D1)

Resistance 2:1342 (Jun 11 high)

Resistance 1:1320 (session high, Jun 12 high)

Current price: 1313.25

Support 1:1298 (Jun 8-12 low)

Support 2:1286 (МА (200) for D1)

Support 3:1265 (Jun 4 low)

U.S. stock futures retreated as a report showed weakening retail sales while borrowing costs rose in Italy.

Global Stocks:

Nikkei  8,587.84 +51.12 +0.60%

Hang Seng 19,026.52 +153.96 +0.82%

Shanghai Composite 2,318.92 +29.13 +1.27%

FTSE  5,453.18 -20.56 -0.38%

CAC  3,023.42 -23.49 -0.77%

DAX 6,106.25 -54.99 -0.89%

Crude oil $82.53 (-0.95%)

Gold $1623.10 (+0.58%)

European stocks declined as borrowing costs increased at debt auctions by Italy.

Italy sold E6.5bln 12-month BOT, averge yield 3.972% (2.34%), cover 1.73 (1.79).

Currently:

FTSE 5,468.9 -4.84 -0.09%

CAC 3,032.8 -14.11 -0.46%

DAX 6,128.57 -32.67 -0.53%

Most Asia-Pacific stocks rose as Japan’s machinery orders increased more than economists expected and South Korea’s unemployment rate fell.

Today:

Nikkei 8,587.84 +51.12 +0.60%

Hang Seng 19,026.52 +153.96 +0.82%

S&P/ASX  4,063.79 -9.09 -0.22%

Shanghai Composite 2,318.92 +29.13 +1.27%

Shares of Hitachi Ltd., which gets about one-third of sales from industrial machinery, climbed 2.4%.

Shares of Samsung Electronics Co., the world’s largest maker of mobile phones, rose 1.3%.

Shares Esprit Holdings Ltd. tumbled 21% before share trading was suspended after the clothier’s chief executive officer quit.

Change % Change Last

Nikkei 225 8,536.72 -88,18 -1,02%

S&P/ASX 200 4,072.9 9,20 0,23%

Shanghai Composite 2,289.79 -16,07 -0,70%