FTSE 100 index tumbles on resource prices

Note: This section contains information in English only.
Source: Dukascopy Bank
FTSE 100 index traded lower on Monday weighed down by mining stocks amid falling oil and metal prices. Randgold Resources dropped 1.7% after Nomura  downgraded the company from neutral to reduce citing political turmoil in Mali. Man Group provided negative impact on the British index and slipped 4.8% a day before company's first-quarter earnings. On the upside British Sky Broadcasting Group added 0.9% after Citigroup lifted the stock from neutral to buy. At the moment of writing FTSE 100 trades 0.51% or 29.18 points down at 5,747.42 

Back to articles

Actual Topics

Mon, 30 Apr 2012 15:35:43 GMT

German DAX index lower on weak Spanish data

German DAX index experienced a choppy session on Monday as data from Spain showed its unemployment climbed in March while 1st quarter GDP contracted for a second time indicating recession. On the positive side Adidas rallied 5.2% after sportswear producer posted a 38% gain in first-quarter profit. Volkswagen AG added 1% after J.P. Morgan Cazenove kept unchanged its stock rating

Mon, 30 Apr 2012 20:01:45 GMT

US consumer spending rose by 0.3% in March

US consumer spending surged in March, adding to the previous gains as incomes increased. Household purchases that account about 70% of the US economy surged by 0.3%, following a 0.9% increase in February. Experts projected consumer spending to rise by 0.4%. Meanwhile, incomes eased up 0.4%, indicating the largest increase in the last three months.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.