Europe: the fall metalloproizvoditeley and insurance companies exceeded the rise of retailers and utilities
Tuesday, June 23, bidding on thestock markets of the region were quite volatile. By the end of the day six of the ten major indexes closed in the red zone. The main drivers of growth as the shares of retailers and utilities, which are able to offset falling commodity securities and insurance companies.
According to official statistics, in the German GfK consumer confidence index in July, surpassing analysts' expectations and rose from 2.5 points to 2.9 points. Against this background, German DAX index rose by 0.29%. The remaining statistics was not very good and kept the growth of quotations in the trading session. For example, sales of homes on the secondary market in the United States in May increased from 4.68 million to 4.77 million, while expected to increase to 4.81 million balance of trade in Switzerland in May, declined to 2.5514 billion Swiss francs to 2.013 billion . Nevertheless, the Swiss SMI index had strengthened its position at 0.21%.
As a result of trades overall regional index Dow Jones Stoxx 600 weakened to 0.53%. English FTSE 100 fell 0.1%. French CAC 40 fell by 0.21%.
Carrefour Shares went up by 3.6% after Le Figaro reported that the largest retailer in Europe is going to reduce costs by more than 2 billion euros by 2012. The final value of the planned reduction of costs still unknown.
The market capitalization of the largest German utility E. ON has increased by 1.81% against the backdrop of increasing the agency JPMorgan ranking companies of the industry in Europe with a sell to buy. Quotations European RWE rose to 0.89%. According to unofficial information, the company received approval from the European Union for the purchase of units of the Dutch utility Essent NV.
Papers of British mining company Anglo American on the cheaper 2,71%. The company rejected the bid from nickel producer Xstrata, citing the fact that the strategic alliance unattractive from the viewpoint of shareholders. Xstrata Shares went up by 0.76%. According to British newspaper Times, the topic remains open and may continue to be followed by takeover bid from Xstrata, addressed directly to the shareholders of Anglo American.
Quotations Thomson Reuters declined to 2.42%. The company, which provides financial news and information, announced that plans to withdraw from listing in London Stock Exchange, while maintaining a listing on the Toronto stock exchanges (Toronto Stock Exchange) and New York (New York Stock Exchange).
Shares Swiss Life Holding cheaper at 5.06%. UBS cut the rating in Switzerland's largest life insurer with a neutral to sell, citing weak reporting company.
The values of major indices at the closing are shown in the table:
| Index | Country | Closing (items) | Change day (items) | Changing the day (%) | Value at beginning of year (the last closing in 2008) | Change from the beginning of the year |
|---|---|---|---|---|---|---|
| ATX | Austria | 1,941.49 | -17.57 | -0.9% | 1750.83 | 10.89% |
| BEL20 Index | Belgium | 1,966.43 | 18.01 | 0.92% | 1908.64 | 3.03% |
| FTSE 100 | United Kingdom | 4,230.02 | -4.03 | -0.1% | 4434.17 | -4.60% |
| DAX Index | Germany | 4,707.15 | 13.75 | 0.29% | 4810.20 | -2.14% |
| IBEX 35 INDEX | Spain | 9,348.70 | 10.2 | 0.11% | 9195.80 | 1.66% |
| FTSE MIB | Italy | 18,464.06 | -77.24 | -0.42% | 19460 | -5.12% |
| AEX | Netherlands | 248.69 | -0.4 | -0.16% | 245.94 | 1.12% |
| OMX Nordic 40 | Scandinavia | 667.16 | -4.3 | -0.64% | 625.8 | 6.61% |
| CAC 40 | France | 3,116.82 | -6.43 | -0.21% | 3217.97 | -3.14% |
| SMI | Switzerland | 5,321.31 | 10.94 | 0.21% | 5534.53 | -3.85% |
Overview of the foreign exchange market 24.06.09
Latin America: markets do not want to persist in the region capable of correcting
United States: SP 500 and Dow Jones,on the basis of the session broke up in the dynamics of
Asia: the commodity sector has weakened regional indices, the Chinese banks are waiting for the new indulgence
Week on the world stage: Iran rally, and developing economies silent
Overview of the foreign exchange market 23.06.2009
Latin America: the indexes continue to follow on the heels of the price of Commodities
United States: World Bank led to sale at a discount on the stock exchanges
Credit unions started in shares
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