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Monday, January 11, European stock markets showed mixed trends. The news that the Venezuelan government devalued the national currency, had sparked the decline, without giving indices to stay in the conquered earlier heights against the backdrop of record growth in Chinese imports in December 2009.
As a result of trades regional index Dow Jones Stoxx 600 has lowered 0,19%. The British FTSE 100 gained strength at 0.07%, the Swiss SMI fell 0,39%, German DAX rose to 0,05%, while the French CAC 40 dropped to 0.05%. Leader of growth was the Austrian ATX, an increase of 2,78%, and in the fall of leaders joined Spanish IBEX 35 INDEX, decreased by 0,73%.
Such a rapid growth in China of imported goods, which include raw materials, served as another reason to purchase Commodities and favorably affected the value of the shares of companies of the sector. Thus, the paper oilman Royal Dutch Shell "recovered" at 0,89%, but rates of BP and Total rose to 2,22% and 0,54% respectively. Citigroup analyst recommended buying shares of BP.
The market capitalization of Swiss Life Holding rose 5.53% after it became known that the German company Allianz is preparing to make a takeover bid of the largest life insurer in Switzerland.
Paper Heineken strengthened to 3.26%. Third largest producer in the world of beer brewing unit agreed to acquire Mexican holding company Fomento Economico Mexicano. The total transaction value is estimated at 5.3 billion euros ($ 7.7 billion).
Shares in Europe"s leading telephone company Telefonica lost 3.19% of the cost, after Venezuela, which is the second largest in Latin America market for the company, devalued the national currency.
Papers of the representatives of the financial services industry declined in anticipation of the beginning of the reporting season in the United States. Thus, quotes Credit Suisse dropped to 2.05% and a market capitalization BNP Paribas declined by 1.41%. Shares Deutsche Bank "thinner" at 1,2%, which also contributed to rumors of a possible reduction of dividends paid to shareholders of the company.
Quotations Air France-KLM Group rose by 3%. The company plans to invest hundreds of millions of euros to improve the seats in business class.
Values of the basic indexes on closing are resulted in the table:
| Index | Country | Closing (items) | Delta day (items) | Change day (%) | value at beginning of year (the last closing in 2009) | Change YTD |
|---|---|---|---|---|---|---|
| ATX | Austria | 2,660.39 | 71.90 | 2.78% | 2495.56 | 6.60% |
| BEL20 Index | Belgium | 2,585.86 | -5.78 | -0.22% | 2511.62 | 2.96% |
| FTSE 100 | United Kingdom | 5,538.07 | 3.83 | 0.07% | 5412.88 | 2.31% |
| DAX Index | Germany | 6,040.50 | 2.89 | 0.05% | 5957.43 | 1.39% |
| IBEX 35 INDEX | Spain | 12,074.50 | -88.50 | -0.73% | 11940 | 1.13% |
| FTSE MIB | Italy | 23,774.76 | -36.37 | -0.15% | 23248.39 | 2.26 % |
| AEX | Netherlands | 340.52 | -1.42 | -0.42% | 335.33 | 1.55% |
| OMX Nordic 40 | Scandinavia | 861.7 | 3.93 | 0.46% | 829.44 | 3.89% |
| CAC 40 | France | 4,043.09 | -2.05 | -0.05% &amd4bp;lt;/td> | 3936.33 | 2.71% |
| SMI | Switzerland | 6,592.26 | -25.62 | -0.39% | 6545.91 | 0.71% |