August 3rd, 2009, Monday, 10:55
The European shares were appreciated in Thursday’s session, in the context in which investor confidence was supported by a number of positive financial results, Reuters reported.
FTSEurofirst 300 index of major European shares, advanced by 0.6% in the opening session at 916.39 points. London Stock Exchange opened session Thursday in climbing, Footsie-100 index advancing by 0.45% at 4567.95 points.
The stock market in Frankfurt, the Dax index rose by 0.44% to 5293.55 points, while the CAC 40 index, of the Paris stock exchange, advanced by 0.65% to 3387.62 points.
“Results season provides financial support to the markets. Investors should not be careless, but we are far from the end of the world, “said Roger Peeters, an analyst in the Close Brothers Seydler.
“Most of the results are affected by economic crisis, but not worse than estimates”, he added.
Telecommunications companies have made some of the most significant gains. France Telecom shares have appreciated by 2.3% as the group posted a semester profit more than was expected, but warned about slowing activity in the second half of the year.
Titles Siemens group were impaired by 2 3% after the group has shown a massive decrease of operating profit in the third quarter.
Tags: Finance, index, shares, stock exchange
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July 30th, 2009, Thursday, 10:00
British Petroleum (BP), the second largest petroleum company in Europe has shown a profit down 53% in the second quarter of this year because of low prices of energy products, Bloomberg reported.
Thus, the company achieved a profit of 4.39 billion dollars from 9.36 billion dollars, as recorded in the same period last year.
Per share, profit was 23.16 cents, from 49.23 cents. Refining margins have fallen, also by 40%, from 8.25 dollars per barrel at 4.98 dollars per barrel.
Meanwhile, company officials say that “are little proves” that demand will recover. Petroleum stocks U.S. markets had an average of 59.79 dollars per barrel in the second quarter, with 52% lower than the same period last year.
In this week are expected financial results of other large oil companies in the world such as Royal Dutch Shell, Exxon Mobil, Total and Repsol.
Tags: oil, recession, stock, Trade
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July 28th, 2009, Tuesday, 09:58
U.S. exchanges opened the Friday session down, in the context of the disappointing financial results published by Microsoft Corp. and American Express Co. that have affected investor confidence, after what optimism was brought by the Dow Jones index, went above 9,000 points.
The Dow Jones industrial fell with 0.39% at 9034.29 points, while the Nasdaq index lost 1.43% to 1945.31 points. Index Standard & Poor’s 500 lost 0.57% to 970.68 points.
Friday, informational giant Microsoft reported a decrease by 29% of net profit recorded in the fourth fiscal quarter, to 3.05 billion dollars, or 34 cents per action.
Europe stock exchange had the same trend, the investors’ enthusiasm being affected by the financial results below expectations.
FTSEurofirst 300 index fell 0.5% to 904.19 points. This one, climbed to 11.5% in the last nine meetings, due to results over expectations of some companies.
London Stock Exchange opened with Footsie-100 index down with 0.08% at 4556.14 points, while the CAC 40 index of Paris stock dropped by 0.47% to 3357.67 points.
In turn, index star of the exchange in Frankfurt DAX, has fall by 0.26% to 5233.85 points. This closed previous meeting at 5247.28 points.
Tags: brokers, crisis, Forex, Money, usa
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July 23rd, 2009, Thursday, 11:12
In the U.S. stock indices have returned less in the Wednesday session after an increase of 8 consecutive sessions that sent to the maximum of recent 9 months.
After the results below expectations of banks and declining stocks of companies in the energy sector have affected a lot investor confidence, writes Reuters.
Dow Jones Industrial Index fell by 0.39%, Standard & Poor’s 500 by 0.05%.
Electronics manufacturer shares Apple rose by 3.5%, supporting positive evolution of Nasdaq to a 11-consecutive trading session.
Tags: Forex, index, Money, stock exchange
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July 20th, 2009, Monday, 11:01
European banking opened Monday session in climbing for the sixth consecutive days, based on the fund expensive bank securities after the market was covered by the optimism generated by a possible injection of three billion U.S. dollars granted to CIT Bank Group, transmits NewsIn.
Pan-European index FTSEurofirst 300 advanced by 0.9% to 878.61 points. The amount increased by approximately 35% from the record low reached on March 9.
London Stock Exchange opened with Foot-index climbing to 100 by 0.70% at 4419.43 points, while the CAC 40 index of the exchange in Paris increased by 1.04% to 3252.15 points.
In turn, star index of the exchange in Frankfurt DAX, up by 0.73% to 5014.50 points. This session closed Friday at 4978.40 points. So HBSC actions, Barclays, Banco Santander and SEB were assessed between 0.9 and 2.3%.
Monday, a close source of the situation said, according to Reuters, that CIT Group Inc., the American creditor trying to avoid bankruptcy, could announce that it will receive three billion dollars from the holders of its bonds.
Bank reported losses for eight quarters in a row, these amounting to 3.4 billion dollars .
Tags: growth, index, Money, stock exchange
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