Europe: UBS and Rio Tinto led to a new relaxation
On Wednesday, April 15, most stock markets in the European region on the background of the news about the loss the first quarter of UBS, as well as the decline in production of iron ore Rio Tinto completed the bidding with a negative result.
Index Dow Jones Stoxx 600 by the end of the trading weak at 0.58% and reached 189.89 points. Indicator Stoxx 50 “lost” at 0.59%, a key indicator of the euro Euro Stoxx 50 reduced 0.95%.
German DAX dropped in price on 0,16%, French CAC-40 was the “easier” to 0.48%, while the UK FTSE 100 index reduced 0.52%.
Quotations Swiss bank UBS “lost” at 7.01% and fell to 12.34 francs after the publication of 1 quarter loss of about 2 billion francs ($ 1.75 billion). Bank in 2010, intends to reduce the total number of jobs worldwide and 67 500 against the previous target 75 thousand
Shares third largest in the world mining company Rio Tinto rolled on 5,72% to 2 357 pence on the background reports 15% decline in production of iron ore in 1 quarter, which had flooding that led to the failure of supply from Australia, as well as weakening demand from steel companies.
Papers
its rival BHP Billiton have been easier on 4,5% to 1 380 pence, while zinc producer Xstrata fell by 7.01% to 570.5 pence.
Quotations
manufacturer GlaxoSmithKline medicines led the growth of so-called “defense” of securities and by the end of trading session, gaining 1.44% to 1 022.5 pence. Shares of tobacco company British American Tobacco went up by 4.68% to 1 565 pence.
Paper manufacturer of agricultural chemicals Syngenta jumped to 6.55% to 236 francs. Higher prices for products, as well as strengthening demand helped the company cope with the costs resulting from the strengthening dollar.
major European currencies - euro and pound sterling - at 19:45 AM EDT demonstrated mixed dynamics against the dollar. Thus, the rate of pair EUR /USD dropped 0.66% to $ 1318 for the euro, while the GBP /USD gained 0.63% to $ 1498 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 | 1851,34 | -60,98 | -3, 19% | 5,74% |
| BEL20 Index | Belgium | 1848,33 | 26,01 | 1,43% | -3,16 % |
| FTSE 100 | United Kingdom | 3968,40 | -20,59 | -0,52% | -10,50% |
| DAX Index | Germany | 4549,79 | -7,22 | -0,16% | -5,41% |
| IBEX 35 INDEX | Spain | 8711,90 | -122,90 | — 1,39% | -5,26% |
| SP /MIB | Italy | 17811,00 | -5 | -0,03% | -8,47% |
| AEX | Netherlands | 235,90 | 0,45 | 0,19% | -4,08% |
| OMX Nordic 40 | Scandinavia | 632,68 | -17,02 | -2,62% | 1,10% |
| CAC 40 | France | 2985,74 | -14,48 | — 0,48% | -7,22% |
| SMI | Switzerland | 5065,43 | -33,89 | -0,66% | -8,48% |
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