INGOT Brokers Australia | European market report (2017-06-05)

European market report (2017-06-05)

European equities fell in a down trading session as investor’s focus is on the European Central Bank press conference on Thursday, the British elections and the attacks on London Bridge

The London Bridge attacks led most of the sectors lower with travel and leisure stocks having the worst losses.

During today’s trading session the European Union final composite purchasing managers index data came out positively beating expectations, while the German stock market was closed due the white Mondays Holiday.

 

FTSE

The U.K. stock market closed lower in a down trending session nearing its one week’s low, the FTSE 100 ended lower at 7,525.76 down 21.87 points led by the losses in Basic Materials, Technology and Consumer Cyclicals sectors.

Today’s losses significantly outnumbered the losers on the FTSE 100 by 74 to 26 and a single flat share.

The session’s best performers on the FTSE 100 were, Old Mutual PLC rising by 2.28%, Standard Chartered PLC adding 8 points and Marks and Spencer Group PLC gaining 0.925% settling at 371.1.

The session’s worst performers on the FTSE 100 were, Antofagasta PLC falling by 3.54%, EasyJet PLC dropping 45 points and Sage Group PLC shading 2.68% ending at 19.5.

 

CAC

French equities ended Monday’s trading session in the red as CAC 40 settled lower at 5,307.89 just above the seesion’s low affected by the losses in Energy, Industrials, Consumer Non-Cyclicals and Telecommunications Services sectors.

CAC 40 had only 3 gainers while the losers completely outnumbered them at 37 with now flat shares.

The session’s best performers on the CAC 40 were, Veolia Environnement SA rising by 0.62%, Safran SA adding 0.29 points and Compagnie de Saint Gobain SA gaining 0.04% settling at 50.02.

The session’s worst performers on the CAC 40 were, Schneider Electric SE falling by 1.71%, Unibail Rodamco SE dropping 3.9 points and Compagnie Generale des Etablissements Michelin SCA shading 1.29% ending at 115.05.

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