• European stocks traded down

Market news

14 November 2012

European stocks traded down

In the red zone are traded Wednesday on the European stock markets. Indices are down over 5 consecutive days. The reasons for this: Greece is once again on the verge of default and exit from the euro area, the threat of a "financial cliff" in the U.S., and a weak corporate reporting European companies.

FTSE 100 5,756.27 -29.98 -0.52%

CAC 40 3,423.74 -6.86 -0.20%

DAX 7,158.11 -11.01 -0.15%

The value of shares Electricite de France SA (EDF) dropped 1.3%. The company has reduced targets for the development of nuclear power for the second time in a year.

Capitalization brokerage ICAP fell 7.2% as of lposle ICAP pretax profit for the first finpolugodiya fallen by 26% - up to 137 million pounds ($ 217 million). The company expects annual profit at the lower boundary in the projected range 300-332 million pounds.

Mediaset shares lost 4.1% in value. Mediaset net loss in the third quarter was 88.4 million euros, compared with a net profit of 1.4 million euros in the same quarter a year earlier.

Quotes Vivendi rose by 1.3% due to lower profits for the second quarter by 2.6% in annual terms - up to 665 million euros compared to the forecast of the market in 598 million euros.


Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.