German stocks stay at their 22-month high as U.S. unemployment unchanged

Note: This section contains information in English only.
Source: Dukascopy Bank SA
European stocks advanced for the fourth consecutive day, staying around its highest level in 22 months as U.S. unemployment stayed at the same level, raising optimism on the outlook for the world's largest economy. The German DAX index advanced 0.15% to 7,767.45. Only two groups in the benchmark index declined. Technology shares erased 0.95% and health care stocks lost 0.40%. Telecommunications stocks gained the most by surging 1.07%, supported by Deutsche Telekom stocks edging 0.9% higher. Furthermore, Commerzbank AG soared 1.42%, leading gains in the financials shares, while Bayer AG rose 0.6% to 72.67 euros and capped losses in the health care sector. Among worst performers were Merck KGaA, Lanxess AG and Continental AG with their shares tumbling 1.8%, 1.6% and 1.4%, respectively. Merck KgaA, operating in the pharmaceutical and chemical business sectors, declined after Nomura downgraded their shares from buy rating to neutral rating.

Back to articles

Actual Topics

Fri, 04 Jan 2013 17:33:59 GMT

S&P 500

U.S. Stocks dropped after Fed policy makers announced they might end their $85 billion monthly bond-purchase program in 2013. The S&P 500 index tumbled 0.2% to 1,459.37. The benchmark index touched its highest level in 3 months on Wednesday, as the lawmakers passed a budget bill. Seven out of ten groups in the index inched lower with basic materials pairing

Fri, 04 Jan 2013 17:22:56 GMT

Hong Kong shares slump on Fed's announcement

Hong Kong shares dropped down from their 19-month high amid falling exporters that declined after Federal Reserve said it will end their monthly bond purchase program. The Hang Seng index decreased 0.3% to 23,331.09, the biggest decline in 14 days.The gauge rose 23% last year. All but two groups slumped in the index. Financial companies slid the most in the

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.