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Wednesday, January 13, the major stock markets in the European region have shown mixed dynamics with a predominance of positive component - high-tech sector stocks were popular among investors, after analysts raised their recommendations on the securities of individual companies in the industry, meanwhile, the banking sector, on the contrary who were under siege because of allegations of French bank Societe Generale.
As a result of trading a key index of the UK FTSE 100 fell by 0.46%, despite the fact that industrial production in monthly terms has increased in November at 0.4% versus 0.3% expected by analysts. The French CAC 40 index rose only 0.02%, while the German DAX closed in positive territory at 0.34%. Regional index Dow Stoxx 600 has become harder to 1,28% and closed at the level of 257.1 points.
Shares of the second-largest European semiconductor manufacturer Infineon Technologies strengthened to 3.39%, after Goldman Sachs Group analysts raised their rating on the background of the expected profit increase of high-tech companies on the basis of activity in the fourth quarter. In turn, the leading European manufacturer of equipment for semiconductor ASML Holding earned at the auction 1,58% of market capitalization. Analysts Goldman Sachs Group raised the rating of securities ASML from "neutral" to "buy".
Quotes of the German group Freenet dropped during the session at 2.28%. Today it became known that British private equity firm Permira, through its German unit Telco Holdings intends to sell the remainder of her 10.1% stake in Freenet totaling 119 million euros ($ 127.7 million).
The leader of growth in the Stoxx 600 index has become Europe"s largest supplier of insulation and roofing SIG, whose shares soared 10.02%. Company representatives said that annual profit before tax excluding one-time items as a minimum will coincide with the expectations of analysts.
Leading Belgian pharmacist UCB has added to its asset 4,1%, after analysts Citigroup have recommended to buy his paper.
Shares of the banking sector failed to pass the sale, after disappointing second-largest applications in France lender Societe Generale. According to the report, which has no precise figures, Societe Generale expects to receive asmall profit in the fourth quarter due to write-off of 1.4 billion euros ($ 2.03 billion). As a result, quotes, Societe Generale, BNP Paribas, Deutsche Bank and Credite Agricole fell 3,52%, 0,7%, 1,7% and 1,24% respectively.
The operator of Europe"s largest plant for the production of bioethanol CropEnergies reported on the results of the third quarter. Thus, the profit after taxes, interest and depreciation increased by 36% and amounted to 9.5 million euros ($ 13.8 million). As a result, the paper CropEnergies become harder to 2,5%.
By improving the analysts, JPMorgan Chase Co predictive value of the shares in leading European producer of potash KS from 34 euros to 41 euros, quotes the company went in plus on 1,2% to 44,84 euros.
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 | 2,651.84 | 20.92 | 0.80% | 2495.56 | 6.26% |
| BEL20 Index | Belgium | 2,575.11 | 10.06 | 0.39% | 2511.62 | 2.53% |
| FTSE 100 | United Kingdom | 5,473.48 | -25.23 | -0.46% | 5412.88 | -8.12% |
| DAX Index | Germany | 5,963.14 | 20.14 | 0.34% | 5957.43 | 0.10% |
| IBEX 35 INDEX | Spain | 11,958.30 | -7.8 | -0.07% | 11940 | 0.15% |
| SP /MIB | Italy | 23,658.40 | 75.05 | 0.32% | 23248.39 | 1.76 % |
| AEX | Netherlands | 338.18 | 1.41 | 0.42% | 335.33 | 0.85% |
| OMX Nordic 40 | Scandinavia | 856.66 | 5.65 | 0.66% | 829.44 | 3.28% |
| CAC 40 | France | 4,000.86 | 0.81 | 0.02 % | 3936.33 | 1.64% |
| SMI | Switzerland | 6,554.55 | 12.65 | 0.19% | 6545.91 | 0.13% |
Forex Market 12/01/2010
Asia: Markets in turmoil, reporting Alcoa disarmed Commodity
Europe: corporate accountability have not added optimism
United States: the quarterly reporting season has started not the best way
Latin America: cheaper Commodities played into the hands of the bears
Forex Market. 13/01/2010
Asia: China gave a general collapse
USA: pessimists, optimists have won
Latin America: steelmakers and mining companies helped the index to complete trades in the black