UK stocks move lower after trade balance data

Note: This section contains information in English only.
Source: Dukascopy Bank SA
FTSE 100 Index extended previous losses on Thursday on pessimistic data from the UK. UK trade gap widened to GBP28.3 billion as exports tumbled by 4.9% in Q2. Sending UK stocks lower, the ECB cut its growth forecast for the Eurozone from 1% to 0.6% for 2013. FTSE 100 Index lost 0.2% to trade at 5,830.81 at the time of writing. Top-gainers were technology stocks, with Sage Group adding 0.71%. On the upside was also Standard Chartered. The company soared 3.53% as it continues to deny US allegations. US accused Standard Chartered of money laundering.  On the downside were telecommunication and health care industries. BT Group and Vodafone dropped 2.39% and 0.89% while Smith & Nephew slid 0.52%. Meanwhile, AMEC lost 6.47% despite reporting a 25% increase in H1 earnings and a 15% rise in interim dividend.

 

Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.