UK shares edge higher on Chinese manufacturing

Note: This section contains information in English only.
Source: Dukascopy Bank SA
UK equities are trading higher on Monday, favored by energy shares and heavyweight mining. The latter sector improved after Chinese manufacturing sector expanded in November the first time in more than year. Data on UK's manufacturing also shrank less-than-expected. However, mixed views have appeared over whether the UK equity market is going to further improve, as the uncertainty on the U.S. fiscal cliff is rising. The FTSE 100 Index added 0.33% to trade at 5,885.91. All industries within the index advanced with Basic Materials and Industrials in the top positions by surging 1.05% and 0.71%, respectively. The top performers were Melrose Industries, Sage Group and Schroders with their shares rallying 2.91%, 2.57% and 2.38% subsequently. The fund management group Schroder rallied after BofA Merrill Lynch improved the company's rating tfrom ‘neutral' to ‘buy'. Among worst performers were Hargreaves Lansdown, J Sainsbury and Lloyds Banking.


Back to articles

Actual Topics

Mon, 03 Dec 2012 18:44:29 GMT

German equities advance on better Eurozone data

German shares rose on signs of growth in Chinese economy and better economic data on Europe that boosted up demand. The data on Euro-area's PMI indicated the manufacturing sector was shrinking at a slower-than-expected pace in November and adding to signs of Eurozone's recovery. However, concerns over the U.S. unsolved budget keep rising. The DAX index advanced 0.72% to 7,458.55.

Mon, 03 Dec 2012 18:22:30 GMT

China shares fell despite improving economy

Regardless of Chinese economy accelerating its pace of growth in November and the Chinese vice-premier's attempts to motivate investors, onshore Chinese equities dropped on Monday. The Hang Seng Index lost 1.19% to 21,767.85, after opening at 22,070.44 and rallying to its high of 22,162.47 earlier. All sectors within the index posted losses with Technology, Basic Materials and Oil and Gas

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.