UK stocks edged down despite German court's decision

Note: This section contains information in English only.
Source: Dukascopoy Bank SA

UK stocks were slightly lower on Wednesday despite positive news from the Eurozone. The German Constitutional Court approved the euro area bailout fund  and yields on Italian short-term debt tumbled during today's auction.  Providing additional support for UK equities, UK jobless claims posted an unexpected decline last month. The FTSE 100 Index lost 0.03% to trade at 5,790.84. Only three sectors within the index climbed. The top-gainers were technology and financial shares. Sage Group added 3.27% on strong performance of the US and Asian technology stocks.  Barclays, HSBC Holdings and Royal Bank of Scotland surged 1.22%, 1.51% and 3.29%, respectively. Dragging the UK stock index lower, consumer goods and oil and gas companies retreated. Associated British Foods and BP dropped 1.17% and 0.52%.


Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.