Dow Jones Industrial Average calls FTSE for growth

Dow Jones made favorable impact on European stock indexes

In brief: Dow Jones Industrial Average has become an example. Major indexes in Europe show moderate growth.

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.

Investors were released a few concerns about the debt problems of the eurozone countries, which may impair recovery of the global economy. At the same time a little positive news, so the stock market could continue to decline this week, experts say. Stock trading in Japan’s Nikkei index ended lower by 0.27%. Now the British FTSE 100 index rose by 1.17 points (0.02%) – up to 5064.1 points, the French CAC 40 – by 2.62 points (0.08%) – to mark 3,433.36 points. In this case the Swiss SMI index fell by 55.83 points (-0.89%) – up to 6,206.59 points, the German DAX – on 35.25 points (-0.6%) – up to 5794 points. At the opening of stock trading in Europe Gainers escaped mining companies against the background of higher prices for metals: quotes the British-Australian Rio Tinto and BHP Billiton rose 1.3% and 1.4% respectively, Anglo American – 0,4%. Moreover, among the energy companies there is now negative dynamics of quotations: papers of British Petroleum BP and BG Group have fallen in price on 1,3% and 0,4%, the British-Dutch Royal Dutch / Shel – 0,9%.

Favored fold bidding for the British Chloride Group Plc. (One of the leading manufacturers of uninterruptible power supplies and solutions to ensure power supply) on the background of good financial reporting. Shares Chloride Group grew by opening the trading session at 2,7%, after the company reported revenue growth over the past year to 336 million pounds (386 million euro). Listen now investors and to the recommendations of analysts. Securities construction company Barratt Developments rose in price by 3% after JPMorgan analysts raised their recommendations on the shares of the company. Shares competitor Taylor Wipey also increased by 4,5%. Shares of the banking sector traded today at minus: Paper British Barclays and Lloyds Banking Group have fallen in price on 0,3% and 0,9%, shares of Royal Bank of Scotland dropped in price by 0,7%.

Ukrainian Globalist
2010-05-24 11:32, Economics.

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