Novosti i prognoe: tržište kapitala od 21-08-2014

Stock indices closed higher despite flash PMIs from the Eurozone. Investors speculate that the Fed may hike its interest rate sooner than expected.

Eurozone's preliminary manufacturing purchasing managers' index (PMI) declined to 50.8 in August from 51.8 in July, missing expectations for a fall to 51.4.

Eurozone's preliminary services purchasing managers' index (PMI) fell to 53.5 in August from 54.2 in July, missing expectations for a decline to 53.6.

Germany's preliminary manufacturing purchasing managers' index (PMI) decreased to 52.0 in August from 52.4 in July, beating expectations for a fall to 51.8.

Germanys' preliminary services purchasing managers' index (PMI) fell to 56.4 in August from 56.7 in July, beating expectations for a decline to 55.5.

French preliminary manufacturing purchasing managers' index (PMI) declined to 46.5 in August from 47.8 in July, missing forecasts of a rise to 47.9.

French preliminary services purchasing managers' index (PMI) rose to 51.1 in August from 50.4 in July, beating expectations for a fall to 50.3.

Raiffeisen Bank International AG shares rose 11.0% after reporting the better-than-forecasted second-quarter net income.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,777.66 +22.18 +0.33%

DAX 9,401.53 +86.96 +0.93%

CAC 40 4,292.93 +52.14 +1.23%

U.S. stock futures climbed amid speculation the Federal Reserve will continue to support the economy as central bankers meet in Jackson Hole.

Global markets:

Nikkei 15,586.2 +131.75 +0.85%

Hang Seng 24,994.1 -165.66 -0.66%

Shanghai Composite 2,230.46 -9.75 -0.44%

FTSE 6,770.01 +14.53 +0.22%

CAC 4,275.01 +34.22 +0.81%

DAX 9,366.46 +51.89 +0.56%

Crude oil $92.90 (-0.59%)

Gold $1278.10 (-1.32%)

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

Upgrades:

Downgrades:

Other:

Tesla Motors (TSLA) initiated with a Outperform at Credit Agricole, target $300

Stock indices traded higher after flash PMIs from the Eurozone. Eurozone's preliminary manufacturing purchasing managers' index (PMI) declined to 50.8 in August from 51.8 in July, missing expectations for a fall to 51.4.

Eurozone's preliminary services purchasing managers' index (PMI) fell to 53.5 in August from 54.2 in July, missing expectations for a decline to 53.6.

Germany's preliminary manufacturing purchasing managers' index (PMI) decreased to 52.0 in August from 52.4 in July, beating expectations for a fall to 51.8.

Germanys' preliminary services purchasing managers' index (PMI) fell to 56.4 in August from 56.7 in July, beating expectations for a decline to 55.5.

French preliminary manufacturing purchasing managers' index (PMI) declined to 46.5 in August from 47.8 in July, missing forecasts of a rise to 47.9.

French preliminary services purchasing managers' index (PMI) rose to 51.1 in August from 50.4 in July, beating expectations for a fall to 50.3.

Air Berlin Plc shares jumped 8.6% after posting a positive second-quarter net income.

Raiffeisen Bank International AG shares rose 7.6% after reporting the better-than-forecasted second-quarter net income.

Current figures:

Name Price Change Change %

FTSE 100 6,769.95 +14.47 +0.21%

DAX 9,353.04 +38.47 +0.41%

CAC 40 4,266.45 +25.66 +0.61%

Asian stock indices closed mixed after the weaker-than expected China's preliminary HSBC manufacturing purchasing managers' index. China's preliminary HSBC manufacturing purchasing managers' index dropped to 50.3 in August from 51.7 in July, missing expectations for a decline to 51.5.

Japanese shares benefited from the weaker yen. The yen weakened after yesterday's release of FOMC minutes. Investors speculate that the Fed may raise its interest rate sooner than expected.

Indexes on the close:

Nikkei 225 15,586.2 +131.75 +0.85%

Hang Seng 24,994.1 -165.66 -0.66%

Shanghai Composite 2,230.46 -9.75 -0.44%

Asian stocks outside Japan fell for the first time in nine days after a private gauge of Chinese manufacturing dropped more than economists forecast.

The preliminary Purchasing Managers' Index from HSBC Holdings Plc and Markit Economics was at 50.3 in August, trailing all 22 estimates in a Bloomberg News survey of economists and missing the 51.5 median forecast. The measure dropped from July's 51.7 and was at a three-month low. Numbers above 50 indicate expansion.

Japan's Topix index bucked the trend, climbing 0.9 percent.

China Shenhua Energy Co., the nation's biggest coal producer by market capitalization, declined 1.9 percent in Hong Kong.

Gambling firm Tatts Group Ltd. slumped 5.8 percent in Sydney after profit missed estimates.

Dainippon Screen Manufacturing Co. jumped 3.4 percent in Tokyo after Mitsubishi UFJ Morgan Stanley Securities Co. advised buying shares of the semiconductor-equipment maker.

Nikkei 225 15,586.2 +131.75 +0.85%

Hang Seng 24,994.1 -165.66 -0.66%

S&P/ASX 200 5,638.86 +4.26 +0.08%

Shanghai Composite 2,230.46 -9.75 -0.44%