INGOT Brokers AU | European market report (2017-08-03)

European market report (2017-08-03)

European equities traded mostly higher in the green following the good corporate earning as well as the Bank of England keeping its interest rate unchanged.

Meanwhile, the Bank of England Governor Mark Carney and his top officials reiterated their message that they might raise borrowing costs by slightly more than investors expect over the next three years, possibly within a year.

 

FTSE 100

Equities in the FTSE 100 were higher in the green during today’s up-trending session led by the gains in the Consumer Non-Cyclicals and Basic sectors, while settling higher at 7,474.77 after gaining 63.34 points at today’s session’s end.

The session’s gainers significantly outnumbered the losers, with 80 gainers and 19 losers and two flat shares.

The best performers of the session on the FTSE 100 were, Next PLC surging 9.67 percent, Randgold Resources Ltd adding 240 points and Imperial Brands PLC rising by 3.14 percent.

The worst performers of the session on the FTSE 100 were, ConvaTec Group PLC plummeting by 6.38 percent, Mondi PLC losing 54 points and Micro Focus International PLC shading 2.66 percent.

 

DAX 30

Following today’s side-trended trading session, the DAX ended slightly lower in the red led by the heavy losses in the Industrials and Consumer Non-Cyclicals sectors to settle at 12,154.72 despite reaching a low of 12,099.13.

The losers outnumbered the gainers by 3, with 16 losers, 13 gainers and one unchanged.

The best performers of the session on the DAX 30 were, Commerzbank AG gaining 2.04 percent, Thyssenkrupp AG adding 0.315 points and SAP SE rising by 1.03 percent.

The worst performers of the session on the DAX 30 were, Siemens AG losing 3.06 percent, Beiersdorf AG falling by 1.64 points and Prosiebensat 1 Media SE dropping by 1.24 percent.

 

CAC 40

CAC 40 settled higher at 5,130.49 gaining 0.46 percent during today’s up-trending session supported by the gains across several sectors such as Consumer Cyclicals and Basic Materials.

At the session’s end, the 27 gainers outnumbered the 12 losers with a single flat share.

The best performers of the session on the CAC 40 were, Danone SA gaining 1.94 percent, LVMH Moet Hennessy Louis Vuitton SE adding 3.95 points and Solvay SA rising by 1.84 percent.

The worst performers of the session on the CAC 40 were, TechnipFMC PLC falling by 0.96 percent, Essilor International SA losing 0.75 points and Peugeot SA shading 0.64 percent.

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