NG Groep N.V. (NYSE: ING) shares start to rise in price in early trading

ING Groep got a good profit

In brief: ING Groep quarter profit exceeded analysts' forecasts. ING Groep N.V. (NYSE: ING) can add to the price significantly.

ING Groep N.V. (NYSE: ING) located near the 10 point mark, losing -0.26 (-2.53%) last night. Company’s positive reports may cause a bullish trend today.

The largest company in the Netherlands, ING Groep of the financial sector reported an increase in net profit for the second quarter with 71 million euros a year earlier to 1.09 billion euros ($ 1.43 billion). Analysts on average expected profit at 682 million euros. The company managed to exceed the forecast and show less tangible improvement of results due to the recovery of profit banking division.

Anrey Torbinski
2010-08-11 12:13, Economics.

News on: , , , , , ,

Post a comment