German shares rally on U.S. earnings season

Note: This section contains information in English only.
Source: Dukascopy Bank SA
German shares advanced after Alcoa Inc. started its earnings season in the U.S. with sales beating the analysts' estimates, offsetting the lower-than-expected-industrial production in November. The DAX index gained 0.34% to 7,722.41. Six out of nine sectors advanced. Deutsche Telekom rose 3.96% to its highest price level since October 2012, pacing gains in the telecommunications group that posted the biggest increase in the gauge by rallying 3.34%. Furthermore, Commerzbank surged 2.76%, capping a further decrease in the financials sector. Meanwhile, Lanxess AG erased 2.27% after Citigroup cut its stock rating to sell. Among worst performers were also Fresenius Medical Care AG & Co, dragging down the health care sector by 0.33%. Furthermore, Allianz SE was pacing losses in the financials sector by dropping 1.57%.


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Wed, 09 Jan 2013 18:10:03 GMT

S&P 500

U.S. shares dropped on Tuesday, as investors were still waiting for the new earnings season to begin, dragging down the S&P 500 index for a second day. The S&P 500 slumped 0.3% to 1,457.15. All sectors in the index edged lower, with telecommunications posting biggest losses in the industry, down 2.69%. Game stop Corp. shares lost 6.3% on lower sales

Wed, 09 Jan 2013 17:48:04 GMT

U.K. stocks edge higher, as U.S. earnings season kicks off

U.K. stocks advanced to their highest since May 2008, as Alcoa Inc. started the new earnings session in U.S. by posting higher-than-expected sales. The FTSE 100 index gained 0.9% to 6,106.57, reaching its highest level in 4 years. All but one sector edged higher. Lloyds Banking group was the best-performing company, as its shares surged 6.2% to 54 pence, followed

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