The market experts continue to stress the importance of a prudent investment strategy. “At this stage we continue to recommend caution on the subject of possible warning technology stocks in the coming days,” reads the Morning Call of BNL, “Attention future profits of Oracle. To operate in the market better to continue with a view to trading in the short with take profit close.
First bars of the day full of shopping in the markets of the old continent. Frankfurt marks a rise of 0.11% at 3364 points, the Paris gains 0.91% at 3193 points while the FTSE 100 in London marks +0.41%. Plus for Amsterdam and Zurich.
According to analysts at Schroder, now is the time to reduce the exposure to the stocks that have raced more in recent sessions. Pessimism seems to have plunged again on markets and investors are back to being more risk averse, as evidenced by the underperformance of the IT sector and the outperformance of the Energy and Materials sectors. Schroder suggested to remain at the window waiting for new opportunities.
Vivendi Universal and Vodafone have reached an agreement for the acquisition by the latter, 50% in the hands of the French media group in the Internet portal Vizzavi. The transaction was for 142.7 million euros. The market applauded the operation as will give oxygen to the company’s cash trans in need of cash. Vivendi Universal is in fact an increase of 3.17% thus returning to 13 euros, while Vodafone is slightly downward.
Starting week full of purchases for the Japanese stock market, despite the ugly Friday scored the eighth week from Wall Street. The Nikkei index ended the trading day driving an increase of 2.03% at 10067th points.
Full speed ahead in opening the New Market (Numtel +3.78%), where it seems that the sirocco crazy not yet appeased. Suspension upward Digital Bros (+22%), ePlanet (+56%) and TXT e-solutions (+20%), that have not opened, but managed to make money Chl (+10.7% at 3, 08 euros) and CTO (+11.7%) to 4.7 million), traveling on volumes already above average. Performance worthy of note for AISOFTW, CDB Web Tech, Dada, Dmail, I. Net (+17% to 76.8 euros was suspended shortly after opening), Tas (suspended to 12% after opening) It Way Opengate and Vitaminic. Remain at the stake, with increases between 2 and 3%, securities companies with the largest and the best core budget (relet the lottery list of technology) as Data Service, Reply, EL.EN, Datalogic, Cad.It Cairo comm. Only slightly decreasing Freedomland, which are changing hands at 12.62 euros after Consob has rejected the complaint submitted August 19 against Interactive Content.
Day tonic for the single currency euro zone, which exchanges the upside this morning against the U.S. currency. The Euro now worth 98 cenetesimi dollar, up by 0.12% over the stock yesterday.
Snam Rete Gas slight penalty early in the session, with the title that gives a 1% share 3.1 euro. Probably some profit taking an action that has performed well in recent sessions, demonstrating the good in the sessions held in decline typical of his defensive role, without being unduly penalized when the indexes were pushed by telephone. The rediscovery of the Snam Rete Gas, penalized in the past by concerns about environmental charge in Sicily, came precisely from the outcry from the Authority for energy, ready to raise their freight rates if the Balzello (on which also investigate European Commissioner Mario Monti to the market) to be declared legitimate.
The home business Banc of America raised its recommendation on the British phone company BT Group, bringing to Buy from Market Perform following the recent fall of the title is too much. The target price has been set at 240 pence. BT currently shows an increase of 2.7% to 213 pence.
Nasdaq Japan has announced that it will cease its activities from October 15th, due to financial problems, aggravated by the weakness of equity markets. Nasdaq has stated that Japan Osaka Securities Exchange (OSE), manager of the activities of Nasdaq Japan, will put the contract into liquidation on October 15. Ose also said it will rename Nasdaq Japan Market in Japan New Market, allowing securities of companies currently listed on Nasdaq Japan to continue to be exchanged with the same rules.
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