Tuesday, December 5, 2017

In Europe, the Indian summer: shares thawed again

In Europe, the Indian summer: shares thawed again

On Wednesday European stock fairly cheerful: everyone is waiting for the statements Mario Dragi on additional measures to mitigate, so quotes "crawled to the sun". Yes, and concerns about tensions in Ukraine
decreased. Peter Poroshenko - and even stated that an agreement with Russia on mutual permanent ceasefire.

The results of all this idyll: DJ Euro Stoxx 50 rose by 1,22%, CAC 40 firmed by 1%, and the DAX added 1.26%.

Yesterday's statistics showed that
Activity in the services sectors in Germany and France slowed.



The financial sector keeps growing. Thus, French lenders BNP Paribas and Societe Generale rose 1.86% and 2.67%, while German Deutsche Bank rose 2.86%.

LVMH shares jumped 2.33% amid reports that French manufacturer
luxury plans to distribute to its shareholders a share in
competing company Hermes International.

German provider United Internet Internet access
It notes the rise of shares by 2.52% after the agreement on the purchase of a full
control over a fiber-optic network operator Versatel GmbH for € 586
million.

London's FTSE 100 rose 0.76%, supported by growth in the financial sector.

Lloyds Banking shares rose by 0,41%, HSBC Holdings shares rose 1.48%, while Barclays shares jumped 2.54%. Shares of Royal Bank of Scotland, on the contrary, weakened by 0.85%.

shares of ICAP
rose 0.69% on reports that the world's largest broker
interbank transactions intended to get rid of its Brazilian business
serving individuals.

The mining sector holds a mixed trend. Shares of Rio Tinto climbed 0.25%, shares in Glencore Xstrata rose 0.46%, while shares of Fresnillo competitors and Bhp Billiton tumbled 1.42% and 1.46% respectively.

In the US, equity markets pointed to a higher open. Futures on Dow 30 shows an increase of 0.38%, futures on S P 500 indicates an increase of 0.34%, a ?? while futures Nasdaq 100 reports the rise of 0.32%.

Later today in the US, there are data on factory orders.


No comments:

Post a Comment