Novosti i prognoe: tržište kapitala od 19-05-2014

Most stock indices stocks traded higher. Further stimulus measures by European Central Bank continued to weigh on stock markets.

Eurozone’s construction output declined 0.6% in March from a 0.1% increase in February. On a yearly basis, Eurozone’s construction output climbed 5.2% in March from a 6.7% gain in February.

The rejected Pfizer’s bid by AstraZeneca weighed on the British stock market.

AstraZeneca shares dropped 11.0% as the company rejected Pfizer’s offer.

Ryanair Holdings Plc climbed 11.0% after forecasting a return to growth this fiscal year.

Deutsche Bank AG slid 2% after the bank sold about 60 million shares to the Qatari royal family. The bank announced plans to raise 8 billion euros.

Indexes on the close:

Name                                   Price                                    Change                 Change %

FTSE 100                             6,844.55                              -11.26                      -0.16%

DAX                                      9,659.39                             +30.29                      +0.31%

CAC 40                                 4,469.76                              +13.48                     +0.30%

U.S. stock-index futures fell slightly as investors weighed the prospects for economic growth amid merger activity.

Global markets:

Nikkei 14,006.44 -90.15 -0.60%

Hang Seng 22,704.5 -8.41 0.00%

Shanghai Composite 2,005.18 -21.32 -1.10%

FTSE 6,828.78 -27.03 -0.39%

CAC 4,452.84 -3.44 -0.08%

DAX 9,611.12 -17.98 -0.19%

Crude oil $102.76 (+0.70%)

Gold $1303.90 (+0.83%)

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

Upgrades:

AT&T (T) upgraded to Outperform from Mkt Perform at Raymond James

Downgrades:

Other:

Hewlett-Packard (HPQ) target raised to $40 from $34 at Brean Capital

Walt Disney (DIS) initiated with a Buy at Hudson Square Research; target $96

AT&T (T) reiterated with Hold at Hudson Securities, target raised from $37 to $39

The stock indices stocks declined. Possible additional stimulus measures by European Central Bank continued to weigh on stock markets.

Eurozone’s construction output declined 0.6% in March from a 0.1% increase in February. On a yearly basis, Eurozone’s construction output climbed 5.2% in March from a 6.7% gain in February.

AstraZeneca shares dropped 12.0% as the company rejected Pfizer’s offer.

Ryanair Holdings Plc climbed 5.3% after forecasting a return to growth this fiscal year.

Deutsche Bank AG slid 2% after the bank sold about 60 million shares to the Qatari royal family. The bank announced plans to raise 8 billion euros.

Current figures:

Name                                   Price                                    Change                 Change %

FTSE 100                             6,828.43                              -27.38                     -0.40%

DAX                                      9,595.88                             -33.22                      -0.34%

CAC 40                                 4,440.65                              -15.63                     -0.35%

Asian stock indices dropped due to the stronger yen and concerns over China’s housing market. On a monthly basis, housing prices in China increased 6.7% in April from March’s rise of 7.7%. The strong yen had a negative impact on exporters.

The core machinery orders in Japan increased 19.1% in March, from a 4.6% gain in February. That was the record growth in March. February’s figure was revised up from an 8.8% decrease. Analysts had expected a 6.0% increase. On a yearly basis, the Japanese core machinery orders rose 16.1% in March, from a 10.8% increase in February. Analysts had forecasted a 4.3% gain.

Indexes on the close:

Nikkei 225                     14,006.44                -90.15        -0.64%

Hang Seng                        22,704.5                 -8.41        -0.04%

Shanghai Composite       2,005.18               -21.32        -1.05%