European stocks rise on Thursday, shares of commodity companies Expensive

Written by admin on October 9th, 2009

European

stocks rose on Thursday after the stock quotes commodity companies, reports Bloomberg.

Dow Jones Stoxx 600 rose during trading on 1,1%, the indicators 18 of the 19 major industries index increased.

Stronger-than-expected quarterly reporting of the American Alcoa was a signal that the global economic recovery has been that demand for raw materials.

largest U.S. aluminum producer surprised the market ended the third quarter with a profit through cost savings and, through higher world prices for metals. Net profit corporation was $ 77 million, or 8 cents per share (excluding one-off factors - 4 cents), compared with $ 268 million, or 33 cents a year ago. It was expected that the company will record a third quarter net loss of 9 cents per share.

Analysts are waiting for signals of recovery in demand, as well as signs that companies control their costs, - the head offices of research and investment strategy for Barclays Wealth in London, Michael Dix. - Investors rightly expect that they see it all. We see gradual rise in demand and renewals.

Copper rises in price on Thursday the third day of the four, the price of gold hit record third consecutive day.

Cost

Xstrata shares rose 3,8%, Antofagasta - on 3,7%, Petropavlovsk Plc, one of the largest Russian producer of gold - on 6,6%.

support of the European stock market had a positive statistic data on the U.S. labor market.

number of Americans who first applied for unemployment insurance fell last week to 33 thousand - up to 521 thousand - the lowest since January. Analysts expected reduction in the number of hits on 11 thousand with previously declared level - up to 540 thousand

Bank of England and European Central Bank on Thursday keptthe base interest rates at historically low levels - 0.5% and 1% per annum respectively.

share price Carillion Plc, the second largest in the UK construction company, soared during the bidding on 7,1%. The company announced that is on the way to significant improvement in profits this year.

Papers

Electricite de France went up by 2,5%. Analysts at Goldman Sachs recommended investors buy shares of Europe's largest producer of electricity.

Value of shares Lloyds Banking Group fell during trading at 2.7% for the newspaper Financial Times that the British finkompaniya plans to attract 15 billion pounds ($ 24 billion) through share placements.

index of the largest enterprises in Europe Dow Jones Euro Stoxx 50 to 19:30 on Thursday, rose 32.02 points (1.12%) - up to 2,884.19 points.

British FTSE 100 rose to 37.56 points (0.74%) - up to 5,146.46 points.

French CAC 40 index at this time increased by 43.39 points (1.16%), amounting to 3,799.8 points.

Deutsch DAX added 70.03 points (1.24%), amounting to 5,710.78 points.

All 18 major stock indexes in Western Europe are growing on Thursday.

The interest of buyers attracted by the paper yesterday, mining companies against the higher cost of gold
USA: sales retailers and positive start to the season, investors were encouraged by statements
Kommersant: Against all
NAK: Eurobond holders of Naftogaz supported the proposal to restructure
The dollar on the interbank market has fallen in price by 5 cents
Petrol out of control: how to change the price of fuel?

Gasoline market released ...


The Ukrainian stock market rose on Thursday on the external positive things
Forex - results of the day

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