Shy recovery in the securities business and insurance Square yesterday, despite their defensive characteristics, have been dragged down the stock market crash. Ras salt 1 today, 30% at 13.40 euros, after having left yesterday at ground level 3.08%. Catching Alliance, which also rose 1% against a loss of 3.78% yesterday. General finally rises of 0.47%.
In a report prepared by Jens Wilhelm, CEO of Union Investment Privatfonds, the stock markets of emerging countries in Asia and Eastern Europe represent a range of attractive investment. Since late last year is emerging on many stock exchanges of emerging markets upward trend intact. “Emerging countries will benefit from the upturn began in the U.S. and Europe,” says Jens Wilhelm. “Both regions are characterized also by solid economic growth and a favorable situation with regard to equity valuations. Over the last few years, the Nasdaq was the crucial market for venture capital, now appeared the first signs that they returned to increase in portfolio investment in emerging markets. “
Eighth dedicated to drift lower for the CAC 40, which is faced with a loss of 0.1%. The week was marked by the collapse of France Telecom and many big shots of the index. The thiol of the telephone operator has lost more than 18.5%, suffering exit from its capital of Deutsche Telekom and, especially, the increasingly intricate affair that binds him to MobilCom. A peak also Vivendi Universal (-9.8%): the stock market is by no means liked the choice to get rid of Tele + to give all’acerrimo rival Rupert Murdoch and the choice of selling its stake in Vivendi Environnement Deustche Bank providing the rivenderà. TF1, meanwhile, continues to shed tears for the elimination of the French soccer team from the World Cup. The title of the television station has lost more than 5%, over a series of ad dollars. Among the other losers in the week, the index noted other big players such as Alcatel (-8%), Renault (-5%) and Dexia (-3.45%). It ends with applause but Sanofi has earned, in five days, slightly less than 9% after it has signed an important agreement with the UK with Astrazeneca. Distinguished itself well even TotalFina driven upwards by Repsol.
Eighth issue for the UK stock market, you start to close around the levels of a week ago with the Footsie which stood above the 4600 points. Have suffered in particular the usual TMT, while they defended the titles related to raw materials. The worst were on a weekly Reuters (-8.99%), Arm Holdings (-7.85%), Royal & Sun Alliance (-5.63%), BSkyB (-5.42%) and Electrocomponent (– 5.17%). They are distinct upward instead Imperial Chemical Industries (+8.77%), BAE Systems (+7.56%), Corus Group (+7.47%), Shire Pharmaceuticals (+6.75%) and GlaxoSmithKline (+ 5.36%).
All the major players are accusing the Spanish stock market today huge losses. Adversely affect the Uruguayan government’s decision to abandon the pegging of its currency against the dollar. Black sweater dell’Ibex, Telefonica is leaving the ground on 4.84%, so as not shine even his Internet provider, Terra Networks, which accuses a delay of 2.69%. A bank can be reported at the falls of BSCH (-4.73%) and BBVA (-3.15%), while the media Sogecable is a loss of 2%.
While stock markets have to deal with growing tension over possible terrorist attacks, the euro is celebrating. The single currency is indeed back on the values of last September: 0.925 against the dollar. Since the beginning febbario, the euro has chalked up a rise of 7.5%. Yesterday Wim Duisenberg (ECB) had expressed concern about the dear-prices.
Seat swinging the Paris stock exchange, with the Cac 40 index guide that having opened in positive terrain is inexorably down towards the minus sign. Latest trade, however, have seen the Paris stock market catch up, and now the French CAC index marks a growth of 0.72% at 4902 points, close to the maximum day. Among the increases are more pronounced Thomson Multimedia (+4.04%), TF1 (+2.8) Carrefour (+2.43%) and Alcatel (+2.36%).
The meeting with analysts was proposed conversion of bearer shares and plans there is also a bid on 10% of the equity. Actions ord. lose 3.25% to 6.84% on savings. Colaninno “Piazza Affari must give a final verdict is non-partisan.”
The Paris stock market closes in negative terrain this troubled session. The CAC 40 marks -0.16% in 6532 points. The day was characterized by low trading volumes, summer-style, after a good start to the day for good Tuesday close of the Nasdaq market has become extremely volatile. After several passages from negative to positive, the re-opening of U.S. markets, the CAC 40 has remained in the minus sign to the end of trading. Alstom has slowed its drastic descent (-1.78%), Aventis (-1.62%), Danone (-3.33%), L’Oreal (-0.96%), Renault continues its negative period after the publication of half-yearly figures (-1.01%), Tal Fina Elf (-2.06%). In contrast Accor (+4.48%), Equant (+8.10%), Lagardere (+5.94%).