INGOT Brokers AU | European market report (2017-08-15)

European market report (2017-08-15)

European equities ended today’s session in the green after the war of words between North Korean Leader Kim Jong Un, and American President Donald Trump eased on Tuesday, Markets in Europe Rallied after Kim Jung Un said that he would delay firing missiles at Guam until he hears more from the White House.

Looking at Specific stock in Europe, British food retailer Sainsbury share price rose by a slight margin after the firm announced it would put it's 168 million dollars proposed takeover of grocery wholesalers Nisa on Hold.

Meanwhile, in Germany, the share price of German airliner Lufthansa rose 4.7 percent, marking its best performing day in the past 5 months, the price rose amid a report that the firm is in talks with Air Berlin to recuse the company after it filed for insolvency on Tuesday.

 

 

FTSE 100

Equities in the FTSE 100 fell during today’s up-trending trading session led by the gains across several sectors especially in the Basic Materials and Technology sectors, where the FTSE 100 settled higher at 7,383.85 adding 0.41 percent.

The best performers of the session on the FTSE 100 were, Easy Jet rising by 4.51 percent, IAG advanced by 2.94 percent and Glencore PLC PLC gaining  2.33 percent.

The worst performers of the session on the FTSE 100 were, Provident Financial that fell by 3.78 percent, Randgold Resources LTD lost 3.156 percent and Marks and Fresnillo shed 2.97 percent.

 

DAX 30

The shares in DAX ended higher as gains in the Utilities and Financials sectors kept the losses limited where the DAX rose 11.92 points settling higher at 12,177.04.

The best performers of the session on the DAX 30 were, Lufthansa that surged by 4.73 percent, RWE AG added 2.29 percents. Meanwhile, Fresenuis gained 1.52 percent.

The worst performers of the session on the DAX 30 were, Prosiebensat 1 lost 1.49 percent, Henkel VZO rose by 0.92 percent, and             ThyssenKrupp AG settled lower by 0.72 percent.

 

CAC 40

CAC 40 ended higher at 5,140.25 adding 0.36 percent led by gains in the Utilities and Financials sectors during today’s up-trending green colored trading session.

The best performers of the session on the CAC 40 were, Engie rising by 2.10 percent, Danone adding 1.04 points and Veolia Environment advancing 1.31 percent.

The worst performers of the session on the CAC 40 were, TechnipFMC that lost 1.58 percent to trade at 22.14,   LafargeHolcim declined by 0.55 percent, while Michelin fell 0.34 percent to trade at 50.66.

 

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