Novosti i prognoe: tržište kapitala od 25-04-2014

European stock markets dropped due to tensions between Russia and Ukraine.

Neste Oil shares – the Finnish oil refiner – were down 5.1%. The company’s first quarter revenue missed forecast.

Electrolux - the world’s second-biggest maker of home appliances – jumped 11.0% caused by the better-than-expected first quarter earnings.

Renault SA shares declined 2.5% after reporting the decline in first-quarter earnings.

Alstom shares were suspended from trading in Paris. The French stock market authority AMF demanded an explanation from Alstom. Alstom share were up about 10% in yesterday’s trading because of the rumours that General Electric Co. wants to buy Alstom.

Name                                   Price                                    Change                 Change %

FTSE 100                              6,685.69                              -17.31                     -0.26% 

DAX                                       9,401.55                              -147.13                   -0.58%

CAC 40                                  4,443.63                              -35.91                    -1.54%

U.S. stock futures fell as tension escalated over Ukraine. Investors weighted earning results Visa Inc. (V), Starbucks Corporation (SBAX), Microsoft (MSFT), Amazon.com, Inc. (AMZN) and Ford Motor (F).

Global markets:

Nikkei 14,429.26 +24.27 +0.17%

Hang Seng 22,223.53 -339.27 -1.50%

Shanghai Composite 2,036.52 -20.51 -1.00%

FTSE 6,689.93 -13.07 -0.19%

CAC 4,460.93 -18.61 -0.42%

DAX 9,459.46 -89.22 -0.93%

Crude oil $101.66 (-0.28%)

Gold $1301.80 (+0.86%)

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

Upgrades:

Wells Fargo (WFC) upgraded to Outperform from Mkt Perform at BMO Capital Mkts; target raised to $55 from $53

Downgrades:

Amazon.com (AMZN) downgraded to Outperform from Strong Buy at Raymond James

Other:

Oppenheimer reiterated Microsoft (MSFT) at Outperform, target raised from $38 to $45

RBC Capital Mkts reiterated Visa (V) at Outperform target lowered to $263 rom $250

European stocks dropped as concerns over the escalation of tensions between Russia and Ukraine are increasing. U.S. Secretary of State John Kerry warned Moscow to to imposing more sanctions.

Neste Oil shares – the Finnish oil refiner – were down 6%. The company’s first quarter revenue missed forecast.

Electrolux - the world’s second-biggest maker of home appliances – jumped 9.5% caused by the better-than-expected first quarter earnings.

Alstom shares were suspended from trading in Paris. The French stock market authority AMF demanded an explanation from Alstom. Alstom share were up about 10% in yesterday’s trading because of the rumours that General Electric Co. wants to buy Alstom.

Current figures:

Name                                   Price                                    Change                 Change %

FTSE 100                              6,682.2                              -20.80                     -0.31% 

DAX                                      9,441.26                           -107.42                     -1.12%

CAC 40                                 4,462.92                             -16.62                     -0.37%

Asian stock markets showed a mixed trend. Tensions between Russia and Ukraine influenced negatively the stock markets. The Japanese index Nikkei 225 traded higher because of the weaker yen. Tokyo CPI excluding fresh food climbed 2.7% in April from 1.0% in March. The rise of CPI did not meet the expectations. Analysts forecasted the increase of 2.7%. National Consumer Price Index improved from the previous month. The index climbed 1.6% in March (February: 1.5%). National CPI excluding fresh food did not meet the expectations. The index was up 1.3%, expected the rise of 1.4%.

Indexes on the close:

Nikkei 225                    14,429.26      +24.27      +0.17%

Hang Seng                   22,223.53     -339.27     -1.50%

Shanghai Composite    2,036.52       -20.51        -1.00%