Novosti i prognoe: tržište kapitala od 14-10-2014

Stock indices traded following a rally in the U.S. The U.S. shares rose on positive corporate earnings.

Earlier, European stocks dropped due to the weaker-than-expected ZEW economic sentiment data. The ZEW released its economic sentiment index for Germany and the Eurozone today. The economic sentiment index for Germany dropped to -3.6 in October from 6.9 in September, missing expectations for a decrease to 0.2.

The economic sentiment index for the Eurozone fell to 4.1 in October from 14.2 in September, missing expectations for a decline to 7.1.

The ZEW economic sentiment data fuelled concern the Eurozone falls into recession.

Eurozone's industrial production fell 1.8% in August, missing expectations for a 1.5% decline, after a 0.9% gain in July. July's figure was revised down from a 1.0% increase.

France's consumer price index declined to an annual rate of 0.4% in September from 0.5% in August, in line with expectations.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,392.68 +26.44 +0.42%

DAX 8,825.21 +12.78 +0.15%

CAC 40 4,088.25 +9.55 +0.23%

U.S. stock futures rose amid speculation the recent selloff was overdone and as earnings from Citigroup Inc. to Johnson & Johnson topped forecasts.

Global markets:

Nikkei 14,936.51 -364.04 -2.38%

Hang Seng 23,047.97 -95.41 -0.41%

Shanghai Composite 2,359.47 -6.53 -0.28%

FTSE 6,368.47 +2.23 +0.04%

CAC 4,066.78 -11.92 -0.29%

DAX 8,803.32 -9.11 -0.10%

Crude oil $85.03 (-0.82%)

Gold $1235.00 (+0.40%)

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

Upgrades:

Ford Motor (F) upgraded from Underperform to Neutral at Buckingham Research

Downgrades:

Home Depot (HD) downgraded from Buy to Neutral at Sun Trust Rbsn Humphrey

Ford Motor (F) downgraded from Buy to Neutral at Goldman

Other:

Stock indices traded lower due to the weaker-than-expected ZEW economic sentiment data. The ZEW released its economic sentiment index for Germany and the Eurozone today. The economic sentiment index for Germany dropped to -3.6 in October from 6.9 in September, missing expectations for a decrease to 0.2.

The economic sentiment index for the Eurozone fell to 4.1 in October from 14.2 in September, missing expectations for a decline to 7.1.

The ZEW economic sentiment data fuelled concern the Eurozone falls into recession.

France's consumer price index declined to an annual rate of 0.4% in September from 0.5% in August, in line with expectations.

Current figures:

Name Price Change Change %

FTSE 6,329.01 -37.23 -0.58%

DAX 8,743.3 -69.13 -0.78%

CAC 40 4,043.17 -35.53 -0.87%

Asian stock indices closed lower following sell-off on Wall Street. Worries about the global economic growth weighed on markets.

The People's Bank of China lowered a 14-day repo rate. That could be signs that China's central bank is willing to boost the economy. Bloomberg reported that the People's Bank of China sold 20 billion yuan of 14-day repurchase agreements at 3.4% (a 14-day repo rate was 3.5% last week).

Toyota Motor Corp. shares fell 3.9%.

Indexes on the close:

Nikkei 225 14,936.51 -364.04 -2.38%

Hang Seng 23,047.97 -95.41 -0.41%

Shanghai Composite 2,359.47 -6.53 -0.28%