Europe: the beginning of the week in green
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Monday, December 21, the major indices of European stock markets have shown positive dynamics. In leaders of growth were the shares of energy companies, which underpinned a rise in price of oil due to cold weather on both sides of the Atlantic Ocean.
Do not overlook the investors and the news from companies Safran and Cairn. For example, Safran said today that it won an order to supply engines for China”s first single-aisle aircraft and a British company, a leading oil exploration in India, Cairn Energy has reduced the time run on oil in Greenland.
The growth of the FTSE 100 at 1.87% also contributed to the increase of the Confederation of British Industry forecast for UK economic growth in 2010 to 1,2%, whereas previously discussed the possible expansion of the economy to 0.9%.
As a result of trades regional index Dow Jones Stoxx 600 added 1.31%. The Swiss SMI was strengthened to 0,62%, German DAX Index increased by 1,7%, Austria”s ATX rose to 1.32%, and the Belgian BEL20 Index advanced at 1.2%. Leader of growth was the French CAC 40 increased by 2.05%.
Shares of European aircraft engine manufacturer Safran “recovered” at 4,49%. The company managed to sign a contract worth $ 5 billion to supply engines of the Chinese Commercial Aircraft. In addition, representatives Safran reported on the possible construction of an assembly line in China in partnership with General Electric.
Paper Cairn Energy jumped 4.66%. Oilman managed to gain permission to start drilling rig Stena Forth in Greenland during the second half of 2010, whereas previously planned to start production no earlier than summer 2011.
Shares of oil producers and drilling equipment have completed trades with the growth against the background of the increased cost of “black gold”. Thus, the market capitalization of Royal Dutch Shell rose 2.6%, and quotes a Norwegian manufacturer of offshore oil platforms, Aker Solutions rose to 3.35%.
Copper, nickel and aluminum also increased the cost of trading in London. As a result, the paper”s third-largest aluminum producer in Europe, Norsk Hydro moved to 5.64%, while shares of the world”s largest steel producer ArcelorMittal strengthened to 3.51%. According to the World Association of steel and metal production in November increased by 24%.
The market capitalization of Nokia fell by 0,46%. Agency Fitch Ratings has downgraded the credit rating of the world”s largest manufacturer of cellular phones from A to A-with stable outlook.
Natixis shares have risen in price on 3,58%. Representatives of the investment banking division of the second-largest bank in France reported that they planned to complete the fourth quarter with a positive financial result.
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 2008) | Change YTD |
|---|---|---|---|---|---|---|
| ATX | Austria | 2,464.65 | 32.04 | 1.32% | 1750.83 | 40.77% |
| BEL20 Index | Belgium | 2,482.61 | 29.55 | 1.20% | 1908.64 | 30.07% |
| FTSE 100 | United Kingdom | 5,293.99 | 97.18 | 1.87% | 4434.17 | 19.39% |
| DAX Index | Germany | 5,930.53 | 99.32 | 1.70% | 4810.2 | 23.29% |
| IBEX 35 INDEX | Spain | 11,830.80 | 185.8 | 1.60% | 9195.8 | 28.65% |
| FTSE MIB | Italy | 22,738.68 | 266.25 | 1.18% | 19460 | 16.85% |
| AEX | Netherlands | 330.51 | 5.88 | 1.81% | 245.94 | 34.39% |
| OMX Nordic 40 | Scandinavia | 812.32 | 5.7 | 0.71% | 625.8 | 29.81% |
| CAC 40 | France | 3,872.06 | 77.62 | 2.05% | 3217.97 | 20.33% |
| SMI | Switzerland | 6,504.44 | 40.12 | 0.62% | 5534.53 | 17.52% |
Latin America: Brazil, waiting to improve, rally returns
United States: the clouds dissipate, investors are set up on the Christmas weekend
Week on the world stage: New Year”s oil fluctuations
Europe: growth in spite of macroeconomic indicators
Technical analysis for gold index fund SPDR Gold Trust
Asia: cheaper yen encouraged by Japan, China introduced its poison in the honey
Latin America: mixed dynamics with a neutral background newsletter
United States: in the absence of market news bidders listened to expert advice
Asia: depressing news background is not made of the rally
