European stock markets declined on the basis of trading Monday after the stock exchanges in China and the U.S.

Written by admin on September 1st, 2009

Europe

European stock markets declined on the basis of trading Monday after the stock exchanges in China and the United States. Pan-European index of blue chip FTSEurofirst 300 dropped to 0.64 per cent to 972.05 points. In August, indicative European index added 4.7 percent, and from 9 March, when it was renovated historic low - more than 50 percent. In the banking sector, the paper BNP Paribas, Banco Santander, Deutsche Bank, Intesa Sanpaolo, Societe Generale and UniCredit fell 1,0-2,3 percent. Oil has lost 4 percent and fell below $ 70 a barrel. Quotations Royal Dutch Shell, Total and StatoilHydro sank 0,6-2,9 percent. Shares of China lost 6.7 per cent, in addition, the index slipped below the moving average of 125 days that Chinese investors are used to separate the growing market of the incident. By the time the closing European stock markets fell on U.S. markets 0,9-1,3 percent.

DAX -52.74 -0.96%
CAC40 -39.60 -1.07%

Asia

Asian markets are growing in today's session after the companies technology and mining sectors after the profit performance Hon Hai Precision Industry Co. exceeded the expected projections. Additional support from the industrial production of China, the highest growth over the past 16 months. Rio Tinto Group - the company receives 19% of trading revenue in China, added 2.2% at the auction in Sydney. Bank of China Ltd. - Increased by 3% in Shanghai against the backdrop of Chinese markets rebound after the fall before the day became the most significant decline since June 2008.

NIKKEI 225 37.53 0.36%
HANG SENG INDEX 93.66 0.47%
SHANGHAI SE A SHARE INDX 16.85 0.60%
SHANGHAI SE B SHARE INDX -0.07 -0.04%
KOSPI INDEX 31.21 1.96%

U.S.

U.S. stock market fell on Monday as fears about the global economy impact on Wall Street after the fall of Chinese stocks. Shares of energy companies led the decline, as oil prices fell below $ 70 a barrel because of growing fears about global demand for energy. Quotes Chevron Corp lost 1.1 percent, and Exxon Mobil - 1,4 percent. SP Power index dropped by 1.8 percent. Chinese Shanghai Composite stock index on Monday fell nearly 7 percent, to three-month low amid worries that the Chinese government is trying to temper economic growth and suppresses the speculation in the stock market by restricting bank lending. Despite the negative dynamics in the day, the Dow finished August at 3.5 per cent higher SP 500 index rose 3.4 percent, and Nasdaq index added 1.5 per cent per month.

DJIA -47.92 -0.50%
SP 500 -8.31 -0.81%
NASDAQ COMPOSITE INDEX -19.71 -0.97%
NASDAQ 100 -18.05 -1.10%


NFPU: The Court recognized a wrongful decision NERC to raise retail prices for gas for the population
Kudrin spoke about the economic prospects of Russia
NBU tightened the requirement for banks by crediting them to the special account in the National Bank of 50% instead of 40% of the amount of required reserves
The market of Russia a bright green spot is once again allocated shares of the regional telecom
Paper telecoms again better than the market, they continue to reflect the price expectations of the restructuring of Svyazinvest
Net profit of Rosneft on US GAAP in the 2 quarter of 2009 decreased by 21,7% to $ 1.6 billion
SP: In 2009, Russia's GDP will drop by 8% and increase by 2% in 2010
The sharp drop to the level of the minimum monthly level of the world oil market yesterday
Asia: the growth of industry in China has weakened the position of bears

 

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