Novosti i prognoe: tržište kapitala od 14-08-2014

Stock indices closed higher despite the disappointing economic data from the Eurozone. Investors speculate the European Central Bank may add additional stimulus measures to support the economy in the Eurozone.

Eurozone's harmonized consumer price index declined 0.7% in July, missing expectations for a 0.6% decrease, after a 0.1% rise in June.

On a yearly basis, Eurozone's harmonized consumer price index rose 0.4% in July, in line with expectations, after a 0.4% increase in June.

Eurozone's preliminary gross domestic product was flat in the second quarter, missing expectations for a 0.1% rise, after a 0.2% gain in the first quarter.

On a yearly basis, Eurozone's preliminary gross domestic product climbed 0.7% in the second quarter, in line with expectations, after a 0.9% rise in the first quarter.

German preliminary GDP decreased 0.2% in the second quarter, missing forecasts of a 0.1% decline, after a 0.8% rise in the first quarter.

French preliminary GDP remained flat in the second quarter, missing forecasts of a 0.1% gain.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,685.26 +28.58 +0.43%

DAX 9,225.1 +26.22 +0.29%

CAC 40 4,205.43 +10.64 +0.25%

U.S. stock index-futures were little changed amid speculation the crisis in Ukraine won't escalate and as investors weighed corporate earnings.

Global markets:

Nikkei 15,314.57 +100.94 +0.66%

Hang Seng 24,801.36 -88.98 -0.36%

Shanghai Composite 2,206.47 -16.41 -0.74%

FTSE 6,680.79 +24.11 +0.36%

CAC 4,198.36 +3.57 +0.09%

DAX 9,209.91 +11.03 +0.12%

Crude oil $97.42 (+0.04%)

Gold $1319.40 (+0.37%)

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

Upgrades:

Downgrades:

Freeport-McMoRan Inc (FCX) downgraded to Hold from Buy at Stifel

Other:

Tesla (TSLA) initiated with a Outperform at Credit Suisse, target $325

Ford Motor (F) initiated with a Neutral at Credit Suisse, target $18

General Motors (GM) initiated with a Underperform at Credit Suisse, target $33

Cisco Systems (CSCO) reiterated at Buy at Stifel, target raised from $28 to $30

Stock indices traded higher despite the disappointing economic data from the Eurozone. Stock indices advanced as ThyssenKrupp AG and Royal Boskalis Westminster NV shares rose.

Eurozone's harmonized consumer price index declined 0.7% in July, missing expectations for a 0.6% decrease, after a 0.1% rise in June.

On a yearly basis, Eurozone's harmonized consumer price index rose 0.4% in July, in line with expectations, after a 0.4% increase in June.

Eurozone's preliminary gross domestic product was flat in the second quarter, missing expectations for a 0.1% rise, after a 0.2% gain in the first quarter.

On a yearly basis, Eurozone's preliminary gross domestic product climbed 0.7% in the second quarter, in line with expectations, after a 0.9% rise in the first quarter.

German preliminary GDP decreased 0.2% in the second quarter, missing forecasts of a 0.1% decline, after a 0.8% rise in the first quarter.

French preliminary GDP remained flat in the second quarter, missing forecasts of a 0.1% gain.

Royal Boskalis Westminster NV shares rose 8.4% after the company said it will buy back shares.

ThyssenKrupp AG shares increased 1.2% after reporting better-than-forecasted quarterly earnings.

Current figures:

Name Price Change Change %

FTSE 100 6,688.36 +31.68 +0.48%

DAX 9,245.19 +46.31 +0.50%

CAC 40 4,212.24 +17.45 +0.42%

Asian stock indices traded mixed. Investors were focused on corporate earnings.

Chinese stocks traded lower as investors began to take profit, and as they weighed yesterday's disappointing economic data from China. Concern is growing that stimulus measures by the Chinese government will be insufficient.

Investors speculated yesterday that the government in China will add stimulus measures to support the economy.

Core machinery orders in Japan rose 8.8% in June, missing expectations for a 15.5% gain, after a 19.5% decline in May.

On a yearly basis, core machinery orders in Japan decreased 3.0% in June, after a 14.3% fall in May.

Indexes on the close:

Nikkei 225 15,314.57 +100.94 +0.66%

Hang Seng 24,801.36 -88.98 -0.36%

Shanghai Composite 2,206.47 -16.41 -0.74%