Novosti i prognoe: tržište kapitala od 23-09-2014

Stock indices closed lower. Weaker manufacturing and services purchasing managers' index from the Eurozone weighed on markets.

Eurozone's preliminary manufacturing purchasing managers' index (PMI) declined to 50.5 in September from 50.7 in August, missing expectations for a fall to 50.6.

Eurozone's preliminary services PMI decreased to 52.8 in September from 53.1 in August, missing expectations for a rise to 53.2.

Germany's preliminary manufacturing purchasing managers' index fell to 50.3 in September from 51.4 in August, missing expectations for a decline to 51.3.

Germany's preliminary services PMI rose to 55.4 in September from 54.9 in August, beating expectations for a drop to 54.6.

France's preliminary manufacturing purchasing managers' index increased to 48.8 in September from 46.9 in August, exceeding expectations for a gain to 47.1.

France's preliminary services PMI dropped to 49.4 in September from 50.3 in August, missing expectations for a decrease to 50.2.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,676.08 -97.55 -1.44%

DAX 9,595.03 -154.51 -1.58%

CAC 40 4,359.35 -83.20 -1.87%

U.S. stock futures fell as a government crackdown on tax-saving mergers sent drugmakers with pending cross-border deals lower.

Global markets:

Hang Seng 23,837.07 -118.42 -0.49%

Shanghai Composite 2,309.72 +19.85 +0.87%

FTSE 6,657.37 -116.26 -1.72%

CAC 4,360.95 -81.60 -1.84%

DAX 9,619.74 -129.80 -1.33%

Crude oil $91.40 (+0.59%)

Gold $1226.00 (+0.66%)

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

Upgrades:

Downgrades:

Other:

Chevron (CVX) initiated with a Neutral at JP Morgan, target $133

Exxon Mobil (XOM) initiated with a Neutral at JP Morgan, target $104

Stock indices traded lower on weaker manufacturing and services purchasing managers' index from the Eurozone.

Eurozone's preliminary manufacturing purchasing managers' index (PMI) declined to 50.5 in September from 50.7 in August, missing expectations for a fall to 50.6.

Eurozone's preliminary services PMI decreased to 52.8 in September from 53.1 in August, missing expectations for a rise to 53.2.

Germany's preliminary manufacturing purchasing managers' index fell to 50.3 in September from 51.4 in August, missing expectations for a decline to 51.3.

Germany's preliminary services PMI rose to 55.4 in September from 54.9 in August, beating expectations for a drop to 54.6.

France's preliminary manufacturing purchasing managers' index increased to 48.8 in September from 46.9 in August, exceeding expectations for a gain to 47.1.

France's preliminary services PMI dropped to 49.4 in September from 50.3 in August, missing expectations for a decrease to 50.2.

Current figures:

Name Price Change Change %

FTSE 6,683.92 -89.71 -1.32%

DAX 9,637.75 -111.79 -1.15%

CAC 40 4,369.28 -73.27 -1.65%

Asian stock closed mixed despite the better-than-expected Chinese preliminary HSBC manufacturing purchasing managers' index. The HSBC manufacturing purchasing managers' index rose to 50.5 in September from 50.2 in August, beating expectations for a decline to 50.0

Markets in Japan were closed for a public holiday.

Indexes on the close:

Nikkei 225 closed

Hang Seng 23,837.07 -118.42 -0.49%

Shanghai Composite 2,309.72 +19.85 +0.87%