Trading in stocks in Europe on Tuesday, 28 September, the leading index opened lower, following the collapse of American stock indicators before and negative dynamics in Asian trading on Tuesday. Soon fall to a halt, and then quotes the majority of papers have started to grow strongly. During the day, the markets remained highly volatile, but on the session key stock indicators were again on the closing level on Monday. Following the session, the French CAC 40 index fell by 0.1% - to 3762.35 points, the German DAX dropped by 0,05% - to 6276.09 points, Britain's FTSE 100 rose 0.09% - to 5578.44 points.
During the day, influenced the trading exerted oppositely directed factors. Rating agency Standard & Poor's warned that could continue to reduce the credit ratings of Ireland, if government spending on the restructuring of troubled bank Anglo Irish Bank will approach previously called around 35 billion euros.
Paper Michelin, French tire maker, have fallen to 10,2% on the announcement the company plans to raise 1.2 billion euros by issuing new shares to finance business expansion in developing countries. Shares of Akzo Nobel, Netherlands chemical company, fell 2.17%, Akzo Management plans to increase its dividend this year, only 5 cents, while investors hoped for more generous benefits. Paper British bank Royal Bank of Scotland fell 1.56% after reports that he plans to cut additional 500 jobs.
Shares of Unilever rose to 1.05%. UK / Netherlands company before agreed to buy U.S. manufacturer of personal hygiene Alberto Culver for 3.7 billion euros, paying U.S. $ 77.5 per share. Executive Director of the European company Paul Poulman expressed confidence that the products manufactured by American competitors, which successfully complement the range of Unilever.
Issuing statistics did not cause investors have little optimism. UK GDP in the II quarter of 2010. By the final results, in comparison with the previous quarter grew by 1.2%. On this news service reported RBC with reference to the National Bureau of Statistics of the country. Analysts also predicted that this figure will increase by 1.2%. In annual terms, the GDP of Great Britain in II quarter of 2010. increased by 1,7%. In the I quarter of 2010. UK GDP, according to revised data, relative to the IV quarter of 2009. increased by 0,4% (previously reported growth of 0,3%), and with respect to I quarter of 2009. showed a decline of 0.3% (previously reported a decline of 0.2%).
The consumer price index in Germany in September 2010. According to preliminary data, increased by 1,3% in annual terms. Such data has published the Federal Statistics Service of Germany. Analysts also expect the value of this indicator at the level of 1,3%. Compared with August 2010. inflation fell to 0.1 percentage points. In August of this year Consumer prices in Germany, according to updated data, rose 1% on an annualized basis, and on a monthly basis figure has not changed.
