The British stock market opened in the red zone today. Bullish trend has changed to bearish mood in the first minutes of trading. British stocks are volatile as investors lower trading volumes
Lloyds Banking Group takes a look for better future on the background of the crisis new wave. Professionals from the franchise community recently attended a forum hosted by Lloyds Banking Group to discuss key issues impacting on the franchise sector and the bank’s plans for developing its own products and services to the franchise community.
European stock market in the banking sector showed a significant plus. Lloyds Banking Group and Royal Bank of Scotland shares of the UK went up by 0,2% and 0,9% respectively. Securities of Deutsche Bank rose in price by 0,6%, the French BNP Paribas and Credit Agricole – on 0,7%.
Lloyds tsb bank plc rises above confidently. European stock market closed with slight drop in the leading index. Against this background, the banking sector, a multidirectional dynamics of quotations. Shares of British Barclays and HSBC went up by 0,23% and 0,24% respectively. Securities Royal Bank of Scotland and Lloyds Banking Group cheaper respectively 0,34% and 0,57%. In addition, decreased quotes the French Societe Generale (-0,69%) and Credit Aricole (-1,07%), while BNP Paribas shares went up by 0.17%. Germanic Deutsche Bank on the basis of exchange session went into the “red zone” (-1.38%).
Lloyds Banking Group, 41% of the shares of which belong to the British government intends to sell the investment division of Bank of Scotland Integrated Finance to private equity firm Coller Capital for 332 million pounds ($ 504 million).
Stock trades in Europe began with lowering the leading index by an average of 1,5%. The British FTSE 100 index fell by 79.74 points (-1.62%) – up to 4,837.13 points, the French CAC 40 – at 69.38 points (-2.02%) to 3373 , 51 points; German DAX – on 83,79 points (-1.4%) to 5,881.73 points, while the Swiss SMI dropped by 83.89 points (-1.37%) – up to 6044.1 points.
Bad news from Europe may omit a positive attitude bulls on today’s bid for Dow Jones Industrial Average. Dow Jones index is under pressure from the European negativity from the start of futures trading. Dow Jones Industrial Average could fall below 10,100 mark in early trading session. So, let’s take a look what happened in Europe:
Dow Jones Industrial will fight for the slightest chance for growth in early trading. Dow Jones Industrial Average trading week starts with an uncertain future. On the one hand rising dollar and falling euro, on the other deplorable situation on the European stock markets gives confidence bears. Analysts believe that the Dow Jones Industrial Average will start the day with a fall, but after the wait statistics from the U.S.. Meanwhile, the stock trades in Europe on June 2st 2010 opened with decrease in leading indexes against the background of news from China, which were presented the latest statistics of China Federation of Logistics and Procurement for the purchasing managers index (PMI).
On Wednesday, May 26, the major European stock indicators showed a significant increase, while the leaders of growth were the paper representatives of the commodity and banking sectors. Investors are fully concentrating on the problems of the region, so far did not have a proper attention to the emerging signals of a gradual recovery of world economy. As a result, any assumptions about the excessive activity of the sellers in markets dominated most of the month.
Dow Jones Industrial Average finished the final day of last week in positive territory. Futures for the purchase of Dow Jones grow and Europe this moderately happy. Stock trading in Europe, 24 May 2010. opened up different directions movement leading indexes, helped by ambiguous external background: USA markets closed in plus, as a result of trades on May 21 2010. Dow Jones index rose by 125.38 points (1.25%) – up to 10,193.39 points.