Europe: report led investors pause

 

On Wednesday, 22 July, the stock markets of the European region after volatile trading day, accompanied by the release of controversial corporate data, most of them still finished the day with positive dynamics.

Today was not rich in the publication of macroeconomic statistics. Among the most interesting data are the increase in consumer spending in France in June at 1.4% m /m, while the expected increase of 0.3%.

Index Dow Jones Stoxx 600 by the end of the trading stronger at 0.13% and reached 215.30 points. Indicator Stoxx 50 potolstel at 0.01%, a key indicator of the euro Euro Stoxx 50 added 0.13%.

German DAX went up by 0.54%, French CAC-40 was a difficult to 0.07%, while the UK FTSE 100 index added 0.28%.

Shares in Europe's largest manufacturer of navigation systems for automobiles TomTom soared 12% to 7.04 euros. Net profit for the second quarter of the company amounted to 19.9 million euro ($ 28.3 million) and was higher than the projected value of $ 15.5 million Euro.

Papers

Swedish media company Modern Times Group jumped to 6.63% to 257.5 crowns after the publication of the profit exceeding analysts' expectations. Thus, net profit amounted to 425 million kroner ($ 55.8 million) against the projected value of 330.3 million kroons.

Quotations

manufacturer of ingredients for medicines Lonza Group rolled on 5,92% to 104.9 Swiss francs. Profit for the first half of the company collapsed by 55% to 120 million francs ($ 112 million) as a result of higher costs for opening plants, as well as the reduction of orders from manufacturers of medicines.

Shares

telephone company Tele2 became heavier at 8.8% and finished the day at 90.10 crowns after the publication of the profit for the quarter 2, proved to be the best of expectations.

Quotations

British bank Barclays cheaper at 3.14% to 298 pence, thereby leading the fall in the banking sector against the background of the publication of the American Morgan Stanley more than the expected loss is 2 quarters, as well as Wells Fargo to increase bad debts.

One national newspaper also said that Barclays and Royal Bank of Scotland may need additional funding.

Papers insurer Axa lost 1.58% and finished the day at 13.72 euros as a result of reduced Cazenove analysts recommendations on stocks to assess the worse than the market. Experts said that as the company's profit for the current year, and the value of the shares will not help strengthen them.

major European currencies - euro and pound sterling - at 20:11 showed mixed trends against the dollar. Thus, the rate of pair EUR /USD rose to 0.04% to $ 1.422 per euro, while the GBP /USD reduced 0.08% to $ 1,643 per pound.

the main index at the closing are shown in the table:

Index Country Closing (items) Change day (items) Changing the day (%) Change from the beginning of the year
ATX Austria 2130,48 -10,82 -0, 51% 21,68%
BEL20 Index Belgium 2125,66 14,50 0,69% 11,37%
FTSE 100 United Kingdom 4493,73 12,56 0,28% 1,34%
DAX Index Germany 5121,56 27,59 0,54% 6,47%
IBEX 35 INDEX Spain 10153,40 31,20 0,31% 10,41%
SP /MIB Italy 19925,71 95,42 0,48% 2,39%
AEX Netherlands 271,19 0,51 0,19% 10,27%
OMX Nordic 40 Scandinavia 734,09 3,55 0,49 % 17,30%
CAC 40 France 3305,07 2,18 0,07% 2 71%
SMI Switzerland 5637,02 0,83 0,01% 1,85%


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