Market news

10 October 2016
  • 22:28

    Stocks. Daily history for Oct 10’2016:

    (index / closing price / change items /% change)

    Nikkei 225 16,860.09 -39.01 -0.23%

    Shanghai Composite 3,048.14 +43.44 +1.45%

    S&P/ASX 200 5,475.43 +8.04 +0.15%

    FTSE 100 7,097.50 +53.11 +0.75%

    CAC 40 4,497.26 +47.35 +1.06%

    Xetra DAX 10,624.08 +133.22 +1.27%

    S&P 500 2,163.66 +9.92 +0.46%

    Dow Jones Industrial Average 18,329.04 +88.55 +0.49%

    S&P/TSX Composite 14,566.26 -29.24 -0.20%

  • 20:08

    Major US stock indices closed above zero

    Major US stock indexes rose on Monday, driven by rising oil prices, as well as on the background of the fact that the Democrat Hillary Clinton was the winner of the second round of the presidential debates.

    Clinton is expected as US President will be more positive for the market, because of its position known better than her Republican rival, Donald Trump, according to Reuters data.

    Brent prices rose sharply, reaching a peak in mid-October 2015, as Russia said it was ready to join a proposed deal to curb oil production in an attempt to stop the fall in prices. Quotes of WTI crude oil also increased significantly, reaching its highest level in four months.

    Among the corporate nature of the message it is worth noting the news that Twitter search for new solutions to the situation after the failure of potential buyers - Google (Alphabet Inc .; GOOG), Salesforce.com Inc. and Walt Disney (DIS), - the acquisition of the company under the pressure of its own investors. This was reported in his article Bloomberg. According to the agency, on Saturday, Twitter's board of directors should hold a meeting with the independent consultants to discuss the sale, but the event was canceled. As reported by Bloomberg informed sources, Twitter is considering other options, including the separation of assets that are not of importance to the company's core business.

    DOW index components ended the day mostly in positive territory (19 vs. 11). More rest up shares Exxon Mobil Corporation (XOM, + 1.99%). Outsider were shares of Wal-Mart Stores Inc. (WMT, -1.15%).

    All Sector S & P Index showed an increase. The leader turned out to be the basic materials sector (+ 1.6%).

    At the close:

    Dow + 0.49% 18,329.25 +88.76

    Nasdaq + 0.69% 5,328.67 +36.26

    S & P + 0.46% 2,163.66 +9.92

  • 19:00

    DJIA +0.58% 18,347.05 +106.56 Nasdaq +0.84% 5,336.72 +44.31 S&P +0.56% 2,165.88 +12.14

  • 16:01

    European stocks closed: FTSE 100 +53.11 7097.50 +0.75% DAX +133.22 10624.08 +1.27% CAC 40 +47.35 4497.26 +1.06%

  • 15:30

    WSE: Session Results

    Polish equity market advanced on Monday. The broad market measure, the WIG Index, added 0.55%. Sector performance in the WIG index was mixed. Oil and gas sector (+2.92%) fared the best, while telecoms (-0.53%) lagged behind.

    The large-cap companies' measure, the WIG30 Index, rose 0.67%. Within the index components, two oil refiners LOTOS (WSE: LTS) and PKN ORLEN (WSE: PKN) led the gainers, recording advances of a respective 4.49% and 3.62%. Other major outperformers were coking coal producer JSW (WSE: JSW) and three utilities names PGE (WSE: PGE), ENEA (WSE: ENA) and ENERGA (WSE: ENG), jumping by 1.48%-2.81%. On the other side of the ledger, railway freight transport operator PKP CARGO (WSE: PKP) and FMCG-wholesaler EUROCASH (WSE: EUR) recorded the biggest drops, tumbling 4.16% and 3.7% respectively. They were followed by IT-company ASSECO POLAND (WSE: ACP) and footwear retailer CCC (WSE: CCC), declining 1.71% and 1.65% respectively.

  • 13:55

    WSE: After start on Wall Street

    Before the opening of the session in the US sentiment in the environment definitely improved and the increase in the valuation of the German DAX slightly exceeded 1%. Afternoon trading phase brings also a strong increase in the oil market. Quotations on Wall Street started with anticipated increases (+ 0.41%), which means comeback to Friday's levels. These factors have been spotted on the Warsaw Stock Exchange and an hour before the end of trading, the Warsaw WIG20 index gained almost one percent and stood at 1,768 points.

  • 13:33

    U.S. Stocks open: Dow +0.63%, Nasdaq +0.53%, S&P +0.53%

  • 13:28

    Before the bell: S&P futures +0.56%, NASDAQ futures +0.49%

    U.S. stock-index futures rose as oil prices rallied, while early reaction to the second presidential debate favored Democratic candidate Hillary Clinton.

    Global Stocks:

    Nikkei Closed

    Hang Seng Closed

    Shanghai 3,048.14 +43.44 +1.45%

    FTSE 7,084.46 +40.07 +0.57%

    CAC 4,489.92 +40.01 +0.90%

    DAX 10,604.52 +113.66 +1.08%

    Crude $50.46 (+1.30%)

    Gold $1260.60 (+0.69%)

  • 13:03

    Wall Street. Stocks before the bell

    (company / ticker / price / change ($/%) / volume)


    ALCOA INC.

    AA

    31.58

    0.21(0.6694%)

    6202

    ALTRIA GROUP INC.

    MO

    62.15

    0.23(0.3714%)

    1064

    Amazon.com Inc., NASDAQ

    AMZN

    843.1

    3.67(0.4372%)

    16725

    AMERICAN INTERNATIONAL GROUP

    AIG

    60.2

    0.25(0.417%)

    1020

    Apple Inc.

    AAPL

    115.38

    1.32(1.1573%)

    383436

    AT&T Inc

    T

    38.96

    0.09(0.2315%)

    2586

    Barrick Gold Corporation, NYSE

    ABX

    15.92

    0.19(1.2079%)

    44639

    Boeing Co

    BA

    134.24

    0.39(0.2914%)

    302

    Caterpillar Inc

    CAT

    88.89

    0.42(0.4747%)

    3135

    Cisco Systems Inc

    CSCO

    31.59

    0.11(0.3494%)

    1860

    Citigroup Inc., NYSE

    C

    49.5

    0.22(0.4464%)

    9793

    Deere & Company, NYSE

    DE

    87.75

    1.45(1.6802%)

    4589

    E. I. du Pont de Nemours and Co

    DD

    68.48

    -0.58(-0.8398%)

    519

    Exxon Mobil Corp

    XOM

    87.61

    0.87(1.003%)

    3736

    Facebook, Inc.

    FB

    129.48

    0.49(0.3799%)

    33815

    Ford Motor Co.

    F

    12.32

    0.03(0.2441%)

    7990

    Freeport-McMoRan Copper & Gold Inc., NYSE

    FCX

    10.3

    0.17(1.6782%)

    60807

    General Electric Co

    GE

    29.18

    0.10(0.3439%)

    3839

    General Motors Company, NYSE

    GM

    32.55

    0.21(0.6493%)

    1442

    Goldman Sachs

    GS

    170.79

    0.96(0.5653%)

    825

    Google Inc.

    GOOG

    778.55

    3.47(0.4477%)

    3337

    HONEYWELL INTERNATIONAL INC.

    HON

    107.3

    0.36(0.3366%)

    7438

    Intel Corp

    INTC

    38.28

    0.21(0.5516%)

    3822

    International Business Machines Co...

    IBM

    156.5

    0.83(0.5332%)

    492

    JPMorgan Chase and Co

    JPM

    68.45

    0.34(0.4992%)

    21707

    McDonald's Corp

    MCD

    114.23

    0.78(0.6875%)

    328

    Merck & Co Inc

    MRK

    64.88

    2.11(3.3615%)

    190275

    Microsoft Corp

    MSFT

    58.04

    0.24(0.4152%)

    7435

    Procter & Gamble Co

    PG

    90.1

    0.10(0.1111%)

    2329

    Starbucks Corporation, NASDAQ

    SBUX

    53.61

    0.15(0.2806%)

    2051

    Tesla Motors, Inc., NASDAQ

    TSLA

    201.3

    4.69(2.3854%)

    73396

    The Coca-Cola Co

    KO

    41.9

    0.19(0.4555%)

    1286

    Twitter, Inc., NYSE

    TWTR

    17.25

    -2.60(-13.0982%)

    6873252

    United Technologies Corp

    UTX

    98.85

    -1.73(-1.72%)

    4693

    Verizon Communications Inc

    VZ

    50.05

    0.13(0.2604%)

    3675

    Wal-Mart Stores Inc

    WMT

    68.72

    -0.64(-0.9227%)

    1211

    Walt Disney Co

    DIS

    92.9

    0.07(0.0754%)

    1875

    Yahoo! Inc., NASDAQ

    YHOO

    43.31

    0.09(0.2082%)

    28091

    Yandex N.V., NASDAQ

    YNDX

    22.02

    -0.11(-0.4971%)

    500

  • 13:00

    Upgrades and downgrades before the market open

    Upgrades:

    Deere (DE) upgraded to Outperform from Market Perform at Wells Fargo


    Downgrades:

    United Tech (UTX) downgraded to Neutral from Buy at Citigroup


    Other:

    McDonald's (MCD) resumed with a Outperform at Telsey Advisory Group; target $130

    Honeywell (HON) target lowered to $133 from $138 at RBC Capital Mkts

    HP (HPQ) target raised to $16 from $14 at RBC Capital Mkts

    Alphabet A (GOOGL) target raised to $1000 from $990 at Axiom Capital

    Honeywell (HON) removed from Conviction Buy List at Goldman; remains Buy; target $122

  • 11:07

    WSE: Mid session comment

    The first half of today's trading brought confirmation of the artificial nature of the initial strong growth in the WIG20 index. After nearly two hours of trading bulls were not able to keep the tempo, which confirmed the weakness of the demand side.

    On the Warsaw market the top form presents today PKN Orlen (WSE: PKN). Shares of the company stand out at the first part of the session and currently grow by over 3%. Share price is the highest since June 23.

    The beginning of the session in Europe has been slightly declining, where stood out the particular weakness of the banking sector, after the chief executive of Deutsche Bank, being in Washington at the end of last week did not reach an agreement with the Department of Justice on penalties imposed on the bank.

    Next hours brought a better mood with new maxima in the CAC40 and the DAX, what helped for trading on the Warsaw market. Apparently Trump's problems have not led to greater explosion of optimism.

    The second half of the session the WIG20 welcomed at the level of 1,764 points (+ 0.71%), with the turnover of PLN 240 million.

  • 07:17

    WSE: After opening

    WIG20 index opened at 1757.71 points (+0.34%)*

    WIG 47929.53 0.35%

    WIG30 2034.33 0.44%

    mWIG40 4018.09 0.06%

    */ - change to previous close


    The new week was began by contracts on the WIG20 with a slight increase of 4 points above Friday's closing. Today's morning did not bring any major changes in the main European markets and futures on the DAX and CAC40 oscillate at neutral levels

    The cash market started the day with an increase of 0.34% to 1,757 points with Monday's, modest turnover. With the first transaction market recovered Friday's decline and returned to the starting point, means the area of 1,760 points. Surrounded the German DAX initially rose much less, but pretty soon improved its image, which supports the preservation of the Warsaw Stock Exchange. However the turnover is weak and detracts the credibility of the observed changes.

    After fifteen minutes of trading the WIG20 index reached the level of 1,767 points (+0,90%).

  • 06:24

    WSE: Before opening

    We start a week at beginning of which there are new events that may affect the behavior of the markets. We are talking about the next debate Trump - Clinton and the subsequent controversies surrounding Donald Trump (published on Friday night video recording from 2005), which over the weekend led to comments suggesting his withdrawal from the race for the presidential nomination. Strengthen of the Mexican peso and the increase in the valuation of contracts in the US indicate decreasing the chances of this candidate in the upcoming elections.

    In Asia, we observe a clear weakening of the yuan by approx. 0.5%, which is a negative premise for the markets. There is no on the market the resting Japanese, but on the other hand, the market returned Chinese and the Shanghai index rose more than 1%.

    The Warsaw market in recent days become resistant to the mood from the environment and focuses on behavior of individual companies and local information impact on them.

Market Focus
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