UK shares rose on improved market sentiment

Note: This section contains information in English only.
Source: Dukascopy Bank SA
UK halted two-day decline on Tuesday after positive data from Germany. German GDP expanded more than expected in the second quarter. Moreover, speculation that some of the BoJ policymakers are ready to provide additional monetary stimulus for Japanese economy improved market sentiment. FTSE 100 Index added 0.39% to trade at 5,856.15 at GMT 12:00. Eight out of ten industries included in the index surged. The top-gainers were utilities and consumer services. Centrica, SSE and Carnival climbed by 0.81%, 0.45% and 0.37%, respectively. Standard Life was the second best performer, advancing by 6.23% after reporting that H1 profit jumped by 15%. Standard Chartered rose by 1.20% as the company attempts to reach a settlement with US authorities regarding possible violation of US money-laundering law. On the downside were industrials and basic materials. Rio Tinto and BHP Billiton dropped 0.47% and 0.15%.

 

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Tue, 14 Aug 2012 16:04:30 GMT

German stocks rally after positive GDP data

German stocks jumped on Monday on inspiring German GDP data. German GDP expanded by 0.3% in Q2 compared to a 0.2% growth widely expected. However, an unexpected decline in German investor sentiment index capped the upswing. The German DAX Index gained 0.81% to trade at 6,965.53 at GMT 12:00. Eight out of nine industries included in the index posted gains.

Tue, 14 Aug 2012 17:54:30 GMT

Single currency advanced after four days of losses

The shared currency advanced after four days of losses, as investors made bullish bets for ECB's bold actions to lower Italian and Spanish borrowing costs. The Euro jumped 0.4% to $1.2340, with a session high $1.2359 and was higher versus the Japanese yen, adding 0.5 per cent to 96.64 per yen. On the contrary, the ICE dollar Index erased 0.22% to 82.38.

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