European stock markets declined on the basis of trading environment on the background of fixed income investors

Written by admin on August 27th, 2009

Europe

European stock markets declined on the basis of trading environment on the background of fixed income investors, and despite the encouraging macroeconomic data from Germany and the United States. Pan-European index of blue chip FTSEurofirst 300 dropped to 0.47 per cent to 974.19 points, halting a four-day rally. Sales of new homes in the U.S. in July rose by 9.6 percent in monthly terms and amounted to 0,433 million units. Germany's business climate index calculated by the German economic institute Ifo, rose in August of 2009 to 90.5 points from the revised upward the July values at the level of 87.4 points.

FT-SE 100 -5.97 -0.12%
DAX -7.82 -0.14%
CAC40 0.21 0.01%

U.S.

U.S. stock market as a whole has remained virtually the same positions on Wednesday, as investors remain cautious after rally, despite optimistic about sales of homes and orders for durable goods consumption. After a five-month recovery, which resulted in the SP 500 index rose by 52 per cent with a minimum level of closure in 12 years March 9, members have questioned the sustainability of this rally, despite the fact that economic data show improvement in demand. The Dow Jones rose 0.04 percent to 9.543,52 points. Index of Standard Poor s 500 added 0.01 percent to 1.028,12 points. The Nasdaq Composite Index rose to 0.01 percent to 2.024,43 points. In July new home sales in the U.S. grew fastest in 10 months, showed data from the Ministry trade, but the impact on these statistics, the market was negligible, since, according to some market players, this factor has already been taken into account. However, these data have benefited the housing sector. Building the Dow Jones index jumped 3 percent. The company's shares Home Depot Inc, the largest retailer of products for arrangement of the house, went up by 0.9 per cent.

DJIA 4.23 0.04%
SP 500 0.12 0.01%
NASDAQ COMPOSITE INDEX 0.20 0.01%
NASDAQ 100 -2.90 -0.18%


Tax registered 660 Kiev residents with incomes of more than 1 million hryvnia in 2008
To date, Russia's stock quotes marking near the zero mark with a spread in average percentage
Top gainers are paper Avtovaz , Volgatelekoma , Uralsvyazinform
Blue chips mainly cheaper, the leaders of the decline - shares Polyus Gold
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
The courts have confirmed the legality of the decision on the recognition of FAS subsidiaries of Rosneft, and LUKoil have violated the competition law
Daughter of Gazprom Neft has paid 65.9 million rubles fine for violation of the antimonopoly legislation
Futures on major U.S. indexes show a moderate negative dynamics
Dollar exchange rate has risen - day review of the cash markets

 

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