Novosti i prognoe: tržište kapitala od 24-09-2014

Stock indices closed higher on speculation the European Central Bank will add further stimulus measures. The reason for the speculation was the weaker-than-expected Ifo business climate index for Germany. The Ifo business climate index for Germany declined to 104.7 in September from 106.3 in August. That was the fifth successive in five months and the lowest level since April 2013.

Analysts had expected the Ifo business climate index to fall to 105.9.

The European Central Bank (ECB) President Mario Draghi said in a French radio interview on Wednesday that the ECB will keep its monetary policy accommodative for as long as needed to bring inflation to 2% inflation target.

TNT Express NV dropped 9.4% after the company cut its 2015 profit forecast.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,706.27 +30.19 +0.45%

DAX 9,661.97 +66.94 +0.70%

CAC 40 4,413.72 +54.37 +1.25%

U.S. stock futures advanced as investors awaited data estimated to show new-home sales rebounded for the first time in three months.

Global markets:

Nikkei 16,167.45 -38.45 -0.24%

Hang Seng 23,921.61 +84.54 +0.35%

Shanghai Composite 2,343.57 +33.86 +1.47%

FTSE 6,676.88 +0.80 +0.01%

CAC 4,383 +23.65 +0.54%

DAX 9,604.52 +9.49 +0.10%

Crude oil $91.65 (+0.09%)

Gold $1221.80 (-0.02%)

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

Stock indices traded mixed due to weaker-than-expected economic data from Germany. The Ifo business climate index for Germany declined to 104.7 in September from 106.3 in August. That was the fifth successive in five months and the lowest level since April 2013.

Analysts had expected the Ifo business climate index to fall to 105.9.

The European Central Bank (ECB) President Mario Draghi said in a French radio interview on Wednesday that the ECB will keep its monetary policy accommodative for as long as needed to bring inflation to 2% inflation target.

TNT Express NV dropped 11.5% after the company cut its 2015 profit forecast.

Current figures:

Name Price Change Change %

FTSE 6,674.45 -1.63 -0.02%

DAX 9,604.91 +9.88 +0.10%

CAC 40 4,381.37 +22.02 +0.51%

Asian stock closed mixed on geopolitical concerns. Market participants monitor escalating conflict in the Middle East.

Japanese stocks fell due to stronger yen. The yen rose against the U.S. dollar after comments by Japanese Prime Minister Shinzo Abe. Abe said he would carefully watch the impact of yen weakness on Japanese regional economies.

Japan's preliminary purchasing managers' index declined to 51.7 in September from 52.2 in August, missing expectations for an increase to 52.5.

Indexes on the close:

Nikkei 225 16,167.45 -38.45 -0.24%

Hang Seng 23,921.61 +84.54 +0.35%

Shanghai Composite 2,343.57 +33.86 +1.47%