Europe: quarterly reports, and again raised hopes

 

Wednesday, October 14, major indexes of stock markets in the European region have updated yearly highs against surpassed expectations of analysts reporting companies Intel and JPMorgan Chase and the slowing of the fall of Chinese exports. Do not overlook the investors and macroeconomic statistics, published in the U.S., according to which retail sales in September declined by 1.5%, while the expected decrease in value of the indicator on 2,1%, while inventories in August were down 1.5% at projected to fall 0.9%.

From the intra-indicators should pay attention to the level of unemployment in Britain, which in August remained at the previous level of 7.9% and on industrial production in the euro area, the increased in August to 0.9% with the expected growth of 1.0%.

As a result of trades regional index Dow Jones Stoxx 600 added 1.99%. The British FTSE 100 gained strength at 1.98%, German DAX rose to 2,45%, French CAC 40 rose by 2.14%. Leader of growth was the Scandinavian OMX Nordic 40, an increase of 2,76%.

Shares STMicroelectronics, Europe's largest manufacturer of microchips, recovered at 2,58%, and the paper Infineon Technologies have advanced 4,01%. The main reason for the growth of quotations of Representatives technology sector served surpassed expectations of analysts reporting Intel. Thus, for the third quarter net earnings were $ 1.9 billion, or 33 cents a share, for the projected 28 cents per paper. In addition, U.S. corporations announced the projects that by the fourth quarter revenue of approximately $ 10.1 billion with a possible deviation of $ 400 million

The market capitalization of Rio Tinto Group rose by 5,27%. The third-largest global mining company reported record growth in output of iron ore in the third quarter against a background of increasing demand from Chinese steelmakers.

Papers of the world's largest chemical concern BASF jumped 7.38%. The accounts of the company for the third quarter exceeded analysts' expectations as a result of successful policies to reduce costs, as well as the slow and weak recovery industry, supported by demand from China.

Shares in Europe's largest oilman Royal Dutch Shell advanced to 2.39% on the background of the increased cost of oil. Quotes BP rose to 2,23%.

Market capitalization of Credit Agricole rose by 4.12%. The largest by number of branches in France, the bank intends to return to the Government of 3 billion euros, which the lender has borrowed in the past year inorder to increase capital and to maintain lending.

Paper European manufacturers of alcoholic beverages Diageo and Pernod Ricard has retreated to 2.05% and 3.49% respectively. Company Diageo reported a drop in sales as a result of the first fiscal quarter, exceeded expectations of analysts, due to the fact that U.S. wholesalers continued to reduce stock levels against a background of recession. Exane BNP Paribas analysts lowered the rating of Pernod Ricard shares with neutral to worse than the market, referring to the risk of further decline in sales and prices for alcoholic beverages.

Values of the basic indexes on closing are resulted in the table:

Index Country Closing (items) Delta day (items) Change day (%) value at beginning of year (the last closing in 2008) Change YTD
ATX Austria 2,729.26 41.94 1.56% 1750.83 55.88%
BEL20 Index Belgium 2,584.29 52.27 2.06% 1908.64 35.40%
FTSE 100 United Kingdom 5,256.10 101.95 1.98% 4434.17 18.54%
DAX Index Germany 5,854.14 139.83 2.45% 4810.2 21.70%
IBEX 35 INDEX Spain 11,870.90 262.6 2.26% 9195.8 29.09%
FTSE MIB Italy 24,348.23 419.46 1.75% 19460 25.12%
AEX Netherlands 325.47 5.94 1.86% 245.94 32.34%
OMX Nordic 40 Scandinavia 825.19 22.16 2.76% 625.8 31.86%
CAC 40 France 3,882.67 81.28 2.14% 3217.97 20.66%
SMI Switzerland 6,405.92 84.66 1.34% 5534.53 15.74%


Naftogaz: The flow of oil through the main oil pipeline Druzhba and Odessa-Brody oil pipeline will be resumed within a day
Samostroi can register
Transfer of Naftogaz Ukraine 12 oil and gas licenses to be completed before the end of 2009
Information indulgence Aeroflot in the payment of customs duty on imported Airbus 330 supported the action carrier
Investor indecision caused by a lack of certainty - the players have no confidence in the future many days rally
Further dynamics of Russia's markets are heavily exposed to the external background
Bonus American bankers in 2009 will be a record - 140 billion dollars
Ukrainian Exchange elected the new Exchange Board
Tomorrow, a motion vector of Russia market may adjust statements of U.S. companies

This entry was posted in Reviews and ideas. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>