UK shares move down despite upbeat retail sales in July

Note: This section contains information in English only.
Source: Dukascopy Bank SA
UK stocks extended slump on Thursday ahead of the key US data release due later in the day. Meanwhile, easing expectations weakened amid optimistic US industrial production data released on Wednesday. At the same time, an unexpected increase in the UK retail sales in July provided slight support for the stock index. The FTSE 100 Index sank 0.11% to trade at 5,823.56 at GMT 12:00. Only three in ten sectors advanced. On the upside were basic materials and utilities. Rio Tinto, BHP Billion and Xstrata surged 0.87%, 1.32% and 0.10%, respectively.  In the financial sector stocks were mixed, Standard Chartered declined by 0.67% while Barclays and Lloyds Banking Group added 0.76% and 2.46%. On the downside were technology and telecommunication stocks; Sage Group and BT Group tumbled by 1.66% and 0.55%. Admiral Group was the top-loser after reporting that its SilverBug merged with three company's divisions: Admiral IT, Admiral Network Infrastructure and Admiral Education Solutions

 

Back to articles

Actual Topics

Thu, 16 Aug 2012 16:21:35 GMT

German stocks rise on China's easing speculation

German shares rose slightly on Thursday on positive news from the US and UK. Speculation that China is preparing to ease its prudent monetary policy also boosted German shares. However, fading hopes for QE3 in the US capped the upswing of the equities. The DAX Index added 0.15% to trade at 6,952.63 at GMT 12:00. Seven out of nine sectors

Thu, 16 Aug 2012 15:15:44 GMT

Chinese stocks tumbled after dismal FDI data

Hong Kong equities fell after news that China's FDI declined by annualized 8.7%, attaining  two-year low in July. Downside risks and slower inflation created a room for monetary stimulus, according to Wen Jiabao, China's PM. Hints regarding monetary stimulus eased pressure on the China's stocks. The Hang Seng Index slumped by 0.45% to trade at 19,962.95. Only two in ten

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.