Wednesday, February 3, the main stock indexes in Latin America, completed the day with a predominantly negative dynamics.

indicator of equity market of Brazil Bovespa has fallen to 0,08% to a mark of 67 108.56 points. Brazilian Real with weakened to 0.77% to 1.844 reais per dollar. Statement by Finance Minister Guido Mantega that the central bank before raising key interest rates to tighten redundancy rules affected the actions of lenders and builders.

support to the national market was news about the intention of the world"s largest money manager - the company BlackRock - on expectations of higher corporate profits to increase assets in Brazil this year, more than 4-fold to $ 1 billion

In addition, Banco Santander analysts recommend buying Brazilian stocks in anticipation of the rally this year even though the drop in January. Experts believe that growth in corporate profits of domestic companies in 2010 will reach 22%.

Shares

developer PDG slipped to 2.3%, while its competitor Cyrela lost 0.4% on fears of tighter monetary policy in the country. Quotes of banks led by the 2.5% decline in Banco do Brasil as "sunk".

Paper

clothing retailer Lojas Renner climbed 5.6%. Analysts at Raymond James Associates reported that the growth of stores the company may accelerate the introduction of a smaller size.

oil company OGX shares soared 6.2% after reports about the possibility of finding a deposit of BM-C-41 more oil than expected.

Mexican Bolsa by the end of the trading session increased by 1,33% to a value of 31 287.04 points. Quotes mining Grupo Mexico, by contrast, slipped to 1.48% on the weakening value of metals.

Chilean IPSA completed trades with a decrease of 0,05%. Peso at the same time lost 2,1% and up to the values of 538 pesos to the dollar, which was the result of central bank purchases of dollars in anticipation of the expiration of the liquidity program.

Papers

retailer Cencosud "thinn1000er" at 0,98%. One of the tangible shareholders informed of its intention to sell the 2.28% share price of about $ 176 million

Values of the basic indexes on closing are resulted in the table:

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macroeconomic data published yesterday in general are not contributing to further building up short positions in the market segment risk investments.
The index of business climate in the manufacturing sector of America according to the ISM in January of this year risen to a mark of 58.1 points versus 54.9 points in the previous month and their average forecast is equal to 56,1 points.

The December performance indicators of private incomes and expenditures in the United States amounted to 0,4% and 0,2% (m /m) against the average forecast for this indicator is equal to 0,3%. In this case, their previous values have been revised to increase to 0,5% and 0,7% (m /m) against 0,4% and 0,5%, according to preliminary information.

Should, however, be noted that included in the calculation of the index of industrial climate ISM index of prices paid in January of this year increased to a maximum in recent quarters mark of 70.0 points. The annual growth rate of this indicator proved to be the highest since early 50-ies of the last century, well above the average levels of its changes, prevailing over the past decade, indicating a limited potential for future growth benchmark index ISM as a whole.

Emphasis is placed also fairly low dynamic recovery of construction costs in the United States. Also according to yesterday"s information, they are in December 2009 decreased by 1,2% (m /m) with an average forecast of reducing that figure by 0.5%. Previous changes in the value of this indicator has been revised downward to -1.2% (m /m) against -0,6% (m /m) previously. Last year the construction costs in the U.S. economy fell by 10%, which is still a consequence of the unfavorable situation in the sphere of private lending America and developed countries in general.

On Monday, U.S. President Barack Obama unveiled a draft budget that the surplus the state treasury in the next fiscal year will increase to $ 1.56 trillion. Click to continue »

 

Friday, 29 January, stock markets in Latin America have demonstrated mixed dynamics - the time has the stage at which even the most seemingly positive macroeconomic data and reporting is not capable of causing massive buying of shares. These include, for 6 years, the strongest growth in GDP of the United States in the fourth quarter, the improvement of data on business activity and consumer confidence in the U.S., more or less safe to continue reporting season - all this has been unable to cause full-scale rally, although a couple of months ago, the indices of such news would rise by 2-3%.

As a result of trading a key index of Brazil Bovespa has decreased by 0.28% to a level of 65,401.77 points, the Mexican Bolsa fell to 1.36%, Chile"s Ipsa rose by 0,93%, while Argentina"s Merval rose by 0.21%.

At the auctions in Brazil, the retreat led by air carriers and oil sector.
The largest Brazilian airline Tam lost 3,6% against the background of news that it intends to buy stake in Chile"s Lan, belonging to the newly elected president of Chile, Mr. Pinheiro. Pinheiro, after the election promised to move away from big business and focus on the president"s work, resulting in the media immediately began to "make a match for" airline Lan various potential buyers. Click to continue »

 

According to yesterday"s data, the index of consumer confidence in the euro area in January of this year unchanged from the previous month and amounted to -16 points against the average forecast, equal to -15 points.

The volume of orders for durable goods in America grew in December, PG by 0,2% (m /m) against the analysts expected an average growth of the index by 2% and its increase of 0,3% in the previous month.

Corporate reports Microsoft and Amazon have demonstrated more favorable than expected EPS performance for the IV quarter. 2009, however, the market is now paying more attention to forecasts. And they, in terms of yesterday"s data, Motorola and Qualcomm had been very restrained. In particular, Motorola warned investors that the expected loss on the results of I quarter. this year, which is associated with the planned increase in capital investment in a promising sector smartphones.

Support for the segment of the investment in "risk" by U.S. Click to continue »

 

Thursday, January 28, the main stock indexes of the United States after companies such as Qualcomm and Motorola posted worse-than-expected projections for the activities and concerns the need for financial assistance to Greece, grew up, finished day with negative results.

fallen short of expectations, macroeconomic statistics also added fuel to the fire. Thus, the number of initial applications for unemployment benefits last week dropped from 482 thousand to 470 thousand against forecast a decline to 450 thousand, while orders for durable goods in December increased by 0,3% compared with an estimated increase of 2%.

Ben Bernanke, meanwhile, was approved by the Senate for a second term head Fedrezerva.

At the end of trading the barometer of blue chips "Dow sank to 1.13% to the value of 10 120.46 points, while the more" wide "SP 500 index weakened to 1.18% and closed at 1 084 , 53 points. Rate with a large proportion of the shares of high-tech companies Nasdaq has lowered 1,91% to a value of 2 179 points.

Shares in mobile phone chip Qualcomm collapsed to a maximum in the last 10 years the value of 14% after the company lowered its forecast for sales in 2010 and reported on the expected earnings per share excluding a number of residues in the second quarter of 53 cents that was 7% lower than analysts expected values.

Quotes largest U.S. mobile phone maker Motorola have fallen by 12% to $ 6.48. The company said that in the first quarter will suffer a greater loss than analysts expected, due to falling sales of phones. Click to continue »

 

Wednesday, January 27, the main American stock market indices, despite the disappointing data from the housing market, completed auctions growth. Federal Commission for open markets U.S. Federal Reserve decided to maintain the base interest rate in the target range of 0% -0.25% and the discount interest rate at 0,5%. Thus, according to statements by the regulator, the base interest rate can be kept extremely low as long as necessary for economic recovery time. In addition, the Fed will continue to buy problem mortgage-backed securities and mortgage debt obligations.

Sales of new buildings on the market in December reached a nine-month minimum. Thus, it is estima1000ted that the U.S. Census Bureau, the sale of new dwellings for the period decreased by 7,6% to 342 thousand, with the anticipated growth of up to 370 thousand

According to the Energy Information Administration (EIA), oil reserves over the past week fell by 3.9 million barrels to 326.7 million barrels. Analysts expect an increase in reserves at 1.4 million barrels. Gasoline inventories for the period rose by 2 million barrels, while distillate stocks rose 0.4 million barrels.

As a result of trades barometer of blue chips "Dow rose 0,411% to a value of 10 236.16 points, more" broad "SP 500 index rose by 0,488% to a mark 1 097.5 points. Rate with a large proportion of high-tech stocks Nasdaq added value of 0.802% to 2 221.41 points.

Equities world"s largest producer of bulldozers and excavators Caterpillar "thinner" at 4.32% after the company"s representatives announced earnings forecast for 2010. Click to continue »

 

On Friday, January 22 trades on the American stock exchanges were even in the complete absence of any significant macroeconomic data from the U.S. and globally.

however, has reached a critical mass of information content of the previous days, and generally better than analysts" forecasts, but not with my legs investors surpassed the bar of expectations, corporate accountability have led to rather disappointing results on the U.S. stock exchange platforms.

to the test community to market worries about slowing global economic recovery sparked by a number of decisions in China on the compression of monetary amounts in order to curb the local "economic miracle", on Thursday added to the experience in connection with the proposed Obama plan is very strict regulation of financial institutions, which should help to avoid future crisis shocks, but will inevitably undermine the power and revenue of bank structures. Another novelty, largely due to negative reaction, was the attitude of some members of the Senate, are going to vote against the re-election "unshakable" The Fed head Ben Bernanke for another term.

consequence of the negative perception of all these factors was continued from Wednesday began a sharp decline of all major stock indexes, as well as the prices of commodity raw materials. At the same time as the results of the last day and week the results were worse for a sufficiently long period of time. In particular, the Dow Jones index on Friday fell to a maximum of 30 October magnitude of his loss in the 3-day interval, were greatest in percentage terms since March 2009, and the number of items - from November 2008 defeat in the same week in percentage terms was the largest with March 2009 Statistics for the SP 500 index almost coincided with the previous with a high degree of correlation of dates.

Index Dow Jones industrial average fell 216.90 points or 2.09% to 10172.98 points, loss per week amounted to 4.1%. Index of Standard Poor "s 500 fell 24.72 points, or 2.21%, to close at 1091.76 points, a loss for the week amounted to 3.9%. The Nasdaq Composite Index fell 60.41 points, or 2.67% to a value of 2205.29 points, lowered during the week 3.6%.

Almost all blue chips in the Top-30 suffered losses and finished in the red zone, "the most to the failed result was noted by a leading U.S. company servicing credit card American Express (-8.5%), despite the fairly successful quarterly reporting. Unfavorable assessment of its prospects for the future was made by experts FBR Capital Markets on the basis introduced in the rules governing the credit card changes. Click to continue »

 

Tuesday, January 19, European stock markets, despite the sudden drop in the index of economic expectations ZEW investor in Germany, have demonstrated positive dynamics on the background of strengthening the market in the pharmaceutical sector, as well as the growth of U.S. indexes.

From the macroeconomic statistics published today should focus on two indicators. Thus, the index of German ZEW economic expectations of investors in January decreased from 50.4 to 47.2 points, while analysts had expected the fall to 49.5 points. Consumer price index in the UK in December, on the contrary, increased by 0,6% with an average forecast of 0,3%. Such high rates of inflation could bring higher interest rates the central bank of UK.

As a result of trades regional index Dow Jones Stoxx 600 added 0.79%. The British FTSE 100 gained strength at 0.34%, the Swiss SMI rose by 0.46%, while the French CAC 40 rose to 0.81%. Leader growth was Spanish IBEX 35 INDEX, an increase of 1,28%. Not supported by the overall positive dynamics of only the stock markets of Austria and Belgium.

Shares of pharmaceutical companies, traditionally perceived by investors as a defensive investment tools, strengthened by 1-2%. Thus, the paper AstraZeneca and GlaxoSmithKline "recovered" at 1,69% and 1,94% respectively, and quotes Sanofi-Aventis and Novartis rose by 1,8% and 1,18%.

Paper Cadbury climbed 3.59%. British confectioner has renewed takeover bid by U.S. company Kraft Foods worth 11.9 billion pounds ($ 19.7 billion). According to Kraft Foods, Cadbury shareholders will receive 840 pence per share, from 500 pence to be paid in cash and the remainder of the shares. In addition, Cadbury will pay shareholders an additional dividend of 10 pence on the paper.

European automakers today are not able to increase market capitalization, helped by the recommendations of analysts. Thus, the paper of the German luxury car manufacturer Daimler "thinner at 1.09% after the experts Nomura Holdings lowered its rating to" buy "to" neutral ", while shares of French industry representatives Renault weakened to 2.24% on the background reduction recommendations on them with a "buy" to "hold".

Quotes of the largest in British luxury goods retailer Burberry Group rose to 8,26%. According to the report of the company, sales for the third quarter exceeded analysts" expectations, and the annual profit will be near the upper boundary of the projected range.

Alstom shares lost 2.46% of the cost. The second-largest producer in the world of trains reported a rise in sales for the three months ending in December 2009 to 4.69 billion euros ($ 6.74 billion), which was below analysts" estimates. In addition, the company reported an incidence of new orders during the period of 31% to 4.22 billion euros.

Values of the basic indexes on closing are resulted in the table:

Click to continue »

 

Monday, December 21, the U.S. stock market finished the session with the confidence plus. In the absence of significant macroeconomic statistics bidders closely monitor emerging ratings and recommendations of the analysts of the big banks and brokers. Promotions of the Senate in terms of health reform have caused a good growth in the sector.

As a result of trading indicator of blue chips Dow Jones Industrial Average rose by 85.25 points, or 0.83% to a level of 10,414.14 points, the index is a broad market Standard Poor "s 500 rose 11.58 points, or 1.05% to a mark 1,114.05 points and the index of high-technology Nasdaq Composite has left in plus on 25,97 points or 1,17% to reach 2,237.66 points mark.

Leading aluminum producer Alcoa advanced by 7,9% to a level of $ 15.73, after Morgan Stanley analyst raised his stock rating to "better market" amid expectations of further growth in metals prices. Morgan Stanley expects the shares of Alcoa made $ 22.

Intel was strengthened by 2,3% against the background that the analysts at Barclays raised the rating of the shares of high-tech products with "at market" to "best market" and told its clients that they consider stock Intel relatively cheap, given the favorable conditions in the sector.

health sector in the broad market index gained strength on 1,1% against the background of news that the Democratic group in the U.S. Click to continue »

 

Wednesday, December 23, the main stock indexes of the United States on a weaker dollar and the consequent rally in commodity markets and the strengthening of the shares of high-tech sector, despite the contradictory macroeconomic statistics, managed to close in positive territory.

Personal incomes in November rose by 0.4%, expenses increased by 0,5%, while core consumer price index remained unchanged. The final index of consumer confidence in the University of Michigan in December, rose from 67,4 to 72,5 points, which, however, was less than analysts expected value.

Report U.S. Department of Energy showed that stockpiles of oil last week fell by 4.9 million barrels to 327.5 million, which also supported the shares of energy companies. At the same time, sales of new homes unexpectedly fell in November from 430 thousand to 355 thousand against the projected increase to 440 thousand

At the end of trading the barometer of blue chips "Dow stood at 0,014% to a value of 10 466.44 points, while a more" broad "index of SP 500 was strengthened to 0.23% and closed at 1 120.59 points. Rate with a large proportion of high-tech stocks Nasdaq added 0.75% to the value 2 269.64 points.

increase the cost of oil and metals had a positive impact on the stocks of the commodity sector. Thus, paper mining Freeport-McMoRan Copper Gold prices increased by 3.2% to $ 80.93, while its rival Newmont Mining added 2.8% and ended the day at $ 48.04 on the background of strengthening the value of copper and gold.

Quotes oil Schlumberger, at the same time, became heavier by 2% to $ 65.23 by increasing the price of oil to more than $ 76 a barrel, as well as recommendations for improving equity analyst at Barclays to assess "best market". Experts emphasized the financial strength of the company, good management and product line. Click to continue »