Market news
27.07.2012, 10:29

European stocks are traded without any definite trend

 

European stocks rebounded after Le Monde reported that the European Central Bank is preparing to buy Spanish and Italian debt.

Thus, the publication of Le Monde reported that the European Central Bank is ready to buy Spanish and Italian bonds. At the same time, the Bundesbank said that Germany had not changed its opinion on the ECB's purchases of government bonds, as the ECB's unlimited purchases of government bonds would be contrary to the mandate and believes that public deficits should not be financed by printing money.

Support at the opening of markets has had a positive corporate reporting.

Shares of Danone, one of the world's largest producers of dairy products rose by 1.3%. Adjusted profit for the first half increased to 911 million euros from 874 million euros with an average forecast of analysts in I 901 euros.

Capitalization of PPR, the owner of the brand Gucci, rose by 5.9%. Operating profit for the six months ended June 30 rose to 20% - up to 815.3 million euros. The median estimates of the experts assumed figure at 785 million euros.

At the moment:

FTSE 100 5,570.99 -2.17 -0.04%

CAC 40 3,217.88 +10.76 +0.34%

DAX 6,569.69 -13.27 -0.20%

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location