Europe: Commodities and the Goldman Sachs investors pleased region

 

Tuesday, July 14, the stock markets of the European region on the background of increasing cost of Commodities, which entailed the strengthening of the shares of mining companies, as well as excess profit, Goldman Sachs predicted values, finished the day with positive dynamics.

UK Consumer Price Index in June increased by 0.3% m /m, which coincided with expectations, euro area industrial production in May showed an increase of 0.5% m /m against projected to strengthen to 1.2%, whereas as index of economic expectations ZEW in July unexpectedly fell from 44.8 to 39.5 points, while the expected rate increase to 47.8 points.

Index Dow Jones Stoxx 600 by the end of the trading stronger at 1.34% and reached 203.49 points. Indicator Stoxx 50 potolstel at 1.29%, a key indicator of the euro Euro Stoxx 50 added 1.09%.

German DAX went up by 1.26%, French CAC-40 was a difficult to 0.98%, while the UK FTSE 100 index added 0.85%.

Shares of German lender Deutsche Bank jumped to 2.6% to 46.69 euros, while its British competitor Barclays became heavier at 1.21% to 300 pence after the publication of the American Goldman Sachs record profits for quarter 2.

Papers

world's largest mining company BHP Billiton went up by 3.48% to 1 376 pence, while its rival Rio Tinto Group potolsteli at 5.07% to 1 989 pence as a result of the strengthening value of industrial metals.

Quotations

German automakers Bayerische Motoren Werke added 5.28% to 28.09 euros, while its French rival Renault had grown up on 4,22% to 23,81 euros.

One British newspaper reported that BMW is ready to increase production, thereby give hope with regard to the gradual restoration of the car market. At the same time, the Japanese Nissan Motor, which is 44% owned by Renault, is also intended to expand production at one of its factories in China.

Paper manufacturer of building materials SIG soared 8.29% to 95.81 pence after its Canadian competitor IKO Group, as well as several other investors have acquired 3.1% share of the company's shares.

Quotations of the world's largest mobile phone operator Vodafone fell by 1.91% to 112.8 pence. UBS analysts lowered the rating companies to assess the neutral, and assigned them to a short-term recommendation to sell, underlining the deterioration of its fundamentals.

Shares Q-Cells, a manufacturer of solar energy, the disruption of 14.37% to 11.32 euros. Loss of the second quarter, before deduction of interest and taxes amounted to 62 million euros, which was due to lower prices for products, as well as the postponement of some projects. Representatives of Q-Cells is also reported that the company will not be able to justify a forecast for earnings in 2009.

major European currencies - euro and pound sterling - at 20:18 showed mixed trends against the dollar. Thus, the rate of pair EUR /USD dropped 0.08% to $ 1.397 per euro, while the GBP /USD gained 0.37% to $ 1.63 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 2042,62 42,01 2,10% 16,67%
BEL20 Index Belgium 2025, 71 32,12 1,61% 6,13%
FTSE 100 United Kingdom 4237,68 35,55 0,85% -4,43%
DAX Index Germany 4781,69 59,35 1,26% -0,59%
IBEX 35 INDEX Spain 9634,00 66,60 0,70% 4,77%
SP /MIB Italy 18450,54 233,07 1,28% -5,19%
AEX Netherlands 251,91 2,12 0,85% 2,43%
OMX Nordic 40 Scandinavia 694,84 5,34 0, 78% 11,03%
CAC 40 France 3081,87 29,79 0,98% — 4,23%
SMI Switzerland 5365,05 49,76 0,94% -3,06%


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Good morning! Information Group Finam.ru and Investment Company FINAM welcome you to their site, and wish you good day!
Analytical review of the Forex market for July 14



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