INGOT Brokers AU | European market report (2017-08-09)

European market report (2017-08-09)

European equities fell over the rising tensions between the United States and North Korea as investors focus now shifted towards the safe havens as well as the sharp declines across the Financials sectors where financial firms were big losers in the United Kingdom, Germany and France.

Meanwhile, Germany’s Federal Statistical Office reported that turnover in the main construction industry in May was up 12.8% compared with the same month last year. At the end of May, the number of persons employed by main construction industry entrepreneurs was up 3.1% compared to the level a year earlier.

 

FTSE 100

Equities in the FTSE 100 settled mostly lower led by the losses in the Healthcare and Financials sectors but they managed to recoup some of their losses in the later parts of today’s trading session, where the FTSE 100 ended marginally lower at 7,498.06 dropping 0.59 percent.

The session’s losers significantly outnumbered the gainers by more than 2 to 1 ratio, with 67 losers and 32 gainers and two flat shares.

The best performers of the session on the FTSE 100 were, Fresnillo PLC gaining 4.89 percent, Randgold Resources Ltd adding 200 points and Worldpay Group PLC rising by 1.28 percent.

The worst performers of the session on the FTSE 100 were, G4S PLC PLC plummeting by 7.47 percent, Standard Chartered PLC losing 20.9 points and Prudential PLC shading 2.33 percent.

 

DAX 30

Shares in the DAX ended in the red with few gainers at today’s session end affected by the large declines from several sectors especially the Financials sector, while the significant gains Utilities kept today’s losses slightly limited, where the DAX lost 1.12 percent or 138.05 points settling lower at 12,154.

The losers significantly outnumbered the gainers surpassing a 6 to 1 ratio, with 26 losers, four gainers, and no flat shares.

The best performers of the session on the DAX 30 were, E.ON SE gaining 3.68 percent, RWE AG adding 0.145 points and Continental AG rising by 0.47 percent.

The worst performers of the session on the DAX 30 were, Commerzbank AG losing 4.14 percent, Deutsche Bank AG falling by 0.585 points and Adidas AG ending lower at 193.40.

 

CAC 40

CAC 40 fell by 1.40 percent to lower at 5,145.70 led by the relatively high declines across all sectors during today’s red colored trading session where all the shares settled lower with no gainers or flat shares.

The best performers of the session on the CAC 40 were, Atos SE dropping 0.19 percent, Peugeot SA shading 0.035 points and Safran SA settling lower by 0.26 percent at 81.42.

The worst performers of the session on the CAC 40 were, Schneider Electric SE falling by 3.08 percent, Societe Generale SA losing 1.515 points and Vivendi SA ending lower at 19.35.

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