- Analytics
- News and Tools
- Market News
- European stocks gained
European stocks gained
European stocks gained, after falling the most in two months yesterday, amid speculation China may announce new stimulus measures to support economic growth and before the Spanish government presents its budget for 2013.
A report showed China’s industrial profits fell for a fifth month, increasing speculation the government will do more to support economic growth.
Rajoy may face renewed criticism today when the Cabinet approves the 2013 budget and presents measures to bolster the shrinking economy. The premier is struggling to persuade European peers, voters and investors that he can tackle the crisis. Spanish bond yields surged yesterday amid rising investor uncertainty over whether he will ask for external aid.
H&M slid 4.8 percent to 234.60 kronor after it reported third-quarter profit that trailed analysts’ estimates. Net income was 3.62 billion kronor ($550 million) in the three months ended Aug. 31, Stockholm-based H&M said today. The average projection of analysts was 4.05 billion kronor.
Volkswagen, Europe’s largest automaker, lost 1.7 percent to 143.95 euros and Renault SA declined 0.9 percent to 36.94 euros. Fiat SpA dropped 1 percent to 4.28 euros.
FTSE 100 5,792.05 +23.96 +0.42%
CAC 40 3,441.45 +26.61 +0.78%
DAX 7,314.56 +38.05 +0.52%
© 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.
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.
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
