Seat negative for the Tokyo Stock Exchange that follows the trend outlined last night by Wall Street. Driving the Nikkei index lost 2.1% to 9501 points, remaining firmly anchored below the important psychological threshold of 10 thousand points.
The new eighth does not bring good news to the field of securities telephone the continent. To characterize this first half hour of trading are the sales that decision even killed by the title of the German Deutsche Telekom, which the Frankfurt Stock Exchange leaves at ground level from 2.59% passing from hand to 10.52 euros.
To complicate things there are also negative signs of future U.S. that does not bode well for the opening of Wall Street. Meanwhile, the main European exacerbate losses: Paris drops by 3.60%, Frankfurt lost 3.84% and the London Stock Exchange marks -2.58%.
The financial debt of the 35 largest industrial groups listed on the Milan Stock Exchange in 2001 increased by 10.3% to 172.42 billion euros and its costs, despite low interest rates, rose by 35%. And ‘what emerges from R & D studies issued by the Office of Mediobanca. The study also warns that if there is a lively end of year recovery for the likely growth rates will weigh on economic accounts. Again the analysis shows that the profitability of the groups to public scrutiny, however, is improved by 19.7%, for a net profit of 11.7 billion.
deep red for the Milan Stock Exchange where the index Mibtel lost in the 2.88% because of the slopes of Fiat (-5%), Pirelli (-6.30%), Unicredito (-4 , 16%), Mediobanca (-4.66%), and Bulgari Alliance.
First day of trading in positive terrain for the major stock exchanges of the continent. In Frankfurt the Dax 30 marks +1.24% to 3737 points and Paris marks +1.15% to 3186 points. Departure rather weak for the square with the Dutch AEX 25 which marks a slight rise of 0.72% yesterday after it lost nearly 7%. Plus even with the Madrid Ibex 35 in upward of 1, 29% at 6332 points.
“In this particular phase of the market rather stay at the window because, from a technical standpoint, we find ourselves in a situation not too good,” says Edoardo Mosca of New Investments sim. “It ‘important that the Milan Stock Exchange to remain above the minimum last Wednesday (24,550 points Fib NDR).. If it holds, it could also be a bounce. Ideally, though, is that for at least a week, the market remains on these levels, thereby developing a phase of accumulation. ” But the eyes of investors have turned everyone on Wall Street, and in particular the S & P500. “The Standard & Poor’s is oversold and held 850 shares, could also bounce with an initial target of 900 points and the Next at 940,” says Moscow.
The data come from the States did not exactly brilliant accelerating downwards with the Milan stock exchange derivative that is passed from hand to 25,430 points while the Mibtel is declining by 2.87% at 18,689 points. The letter is hitting a bit ‘all areas even if the financial statements and the TMC are the most affected.
Analysts at Deutsche Bank have issued a Buy rating on the British title Diageo, with a target price to 1,000 pence. The beverage companies continue to show good growth in both the United Kingdom and the United States. The German broker has estimated sales growth around 9-10%, while earnings per share should increase over the next 3 years. At this time, Diageo exchanges 811 pence a share (+0.7%).
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