Novosti i prognoe: tržište kapitala od 23-04-2014

European stock markets were lower because of the weak-than-expected first quarter results of technology companies. But the lower-than-expected figures from the U.S. housing market had a negative influence on European stock markets.

Ericsson - the Swedish mobile telecom equipment maker – fell 6.00% after announcing the worse-than-expected revenue in the first quarter.

ARM Holdings – chip designer – declined 2.8% after the publication of the weak growth in the first quarter.

Scania AB shares declined 5.5 percent after a shareholder rejected Volkswagen AG’s offer for remaining shares in the Swedish company.

AB Foods (ABF) climbed 9.2 percent caused by the first-half operating profit increase of its Primark clothing-retail business.

Banca Monte dei Paschi di Siena SpA increased 3.1% because of Goldman Sachs’ upgrade of the stock to neutral from sell.

Name                                   Price                                    Change                 Change %

FTSE 100                              6,674.74                              -7.02                     -0.11%  

DAX                                       9,544.19                              -55.90                   -0.58%

CAC 40                                  4,451.08                              33.13                   -0.74%

U.S. stock futures were little changed as investors weighed earnings from AT&T Inc. (T), Boeing Co.(BA) and Procter & Gamble (PG).

Global markets:

Nikkei 14,546.27 +157.50 +1.09%

Hang Seng 22,509.64 -221.04 -0.97%

Shanghai Composite 2,067.38 -5.45 -0.26%

FTSE 6,676.84 -4.92 -0.07%

CAC 4,468.24 -15.97 -0.36%

DAX 9,583.88 -16.21 -0.17%

Crude oil $101.65 (-0.10%)

Gold $1285.10 (+0.31%)

European stocks dropped. Market participants were focussed on euro zone purchasing managing index (PMI). The figures beat expectations. Manufacturing PMI (Preliminary) of the Eurozone increased to 53.3 in April from 53.0 in March. The projected figure was 53.0.

Weak earnings of Ericsson had a negative influence on stock markets.

Ericsson - the Swedish mobile telecom equipment maker – fell 4.70% after announcing the worse-than-expected revenue in the first quarter.

Scania AB shares declined 4.5 percent after a shareholder rejected Volkswagen AG’s offer for remaining shares in the Swedish company.

AB Foods (ABF) climbed 8.2 percent caused by the first-half operating profit increase of its Primark clothing-retail business.

Banca Monte dei Paschi di Siena SpA increased 3.9% because of Goldman Sachs’ upgrade of the stock to neutral from sell.

Current figures:

Name                                   Price                                    Change                 Change %

FTSE 100                              6,691.32                              66.01                     1.00%   

DAX                                       9,527.97                              118.26                   1.26%

CAC 40                                  4,470.28                              38.47                     0.87%

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

Asian stock markets traded mixed today. China's stock markets were affected by the lower than expected Chinese HSBC Manufacturing PMI (Preliminary). HSBC Manufacturing PMI was up to 48.3 in April from 48.0 in March. But the figure in April did not exceed the forecast of 48.4. The Japanese index Nikkei 225 was up due to the weakness of the yen.

Indexes on the close:

Nikkei 225                    14,546.27     +157.50      +1.09%

Hang Seng                   22,509.64     -221.04     -0.97%