INGOT Brokers AU | European market report (2017-08-02)

European market report (2017-08-02)

European equity markets traded lower in the red over the strengthening Euro as well as the weak profit data from some banking and mining stocks led their sectors lower and affecting on today’s trade.

 

FTSE 100

Equities in the FTSE 100 traded in the red led by the loses in the Technology, Basic Materials and Industrials sectors, with it settling lower at 7,411.43 after losing 12.23 points at today’s session’s end.

The session’s losers slightly outnumbered the gainers by 6, with 53 losers and 47 gainers and a single flat share.

The best performers of the session on the FTSE 100 were, Old Mutual PLC gaining 2.84 percent, ITV PLC adding 4.3 points and Paddy Power Betfair PLC rising by 2.27 percent.

The worst performers of the session on the FTSE 100 were, Standard Chartered PLC plummeting by 6.05 percent, Rolls-Royce Holdings PLC losing 36 points and Rio Tinto PLC shading 2.83 percent.

 

DAX 30

The DAX ended lower in the red, witnessing the majority of its declines in the ending parts of today’s trading session, led by the poor performance in Healthcare and Basic Materials sectors to settle at 12,181.48.

The losers outnumbered the gainers by 9, with 21 losers, 9 gainers and zero unchanged.

The best performers of the session on the DAX 30 were, Deutsche Lufthansa AG gaining 3.19 percent, Vonovia SE adding 0.425 points and Deutsche Post AG rising by 1.14 percent.

The worst performers of the session on the DAX 30 were, Thyssenkrupp AG losing 3.64 percent, Fresenius SE & Co KGaA falling by 2.55 points and Heidelbergcement AG dropping by 3.08 percent.

 

CAC 40

CAC 40 settled at 5.107.25 lower dropping 0.39 percent led the declines in several sectors such as Basic Materials and Industrials sectors.

At the session’s end, the 29 losers outnumbered the 11 gainers with no flat shares.

The best performers of the session on the CAC 40 were, Accor SA gaining 1.31 percent, Kering SA adding 2.8 points and Schneider Electric SE rising by 0.72 percent.

The worst performers of the session on the CAC 40 were, Societe Generale SA falling by 4.01 percent, ArcelorMittal SA losing 0.68 points and Safran SA shading 1.77 percent.

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