Trades in Europe on Monday, September 6, opened mostly higher leading indexes after a stormy Friday the growth of U.S. markets and the positive dynamics at the auctions in Asia. Positive effect on mood of players continued to provide a report U.S. Department of Labor (US Department of Labor), published on Friday, September 3. Although unemployment in the country in August 2010. rose by 0.1 percentage points - up 9.6%, as predicted, analysts are optimistic investors were greeted by reducing the number of jobs in non-agricultural sectors of the country on 54 th at the forecast decline to 105 thousand
During Monday a significant macroeconomic statistics are not published. U.S. markets were closed Monday because of Labor Day. In the absence of U.S. players bid for the European sites were fairly calm. During the session, major stock indexes fluctuated near the opening level and on the day showed no significant changes. The French CAC 40 index rose 0.34% to 3,684.73 points, Germany's DAX - on 0,33%% - to 6155.04 points, the British FTSE 100 - on 0,20% - to 5439.19 points. As leaders rise were shares of energy companies on the background of news that Germany has extended the operation of nuclear power plants.
British Airways shares have fallen in price on 0,99%. British Airlines and Spanish carrier Iberia are considering following the completion of the merger to expand the combined business by buying several of the 12 companies. This list is as operators of budget airlines, and airlines, providing an extensive range of services, but they are registered in developing countries with high growth potential such as Brazil, India and China. According to available data, initially as a potential target acquisitions of 40 companies were listed, but later, British Airways and Iberia, for various reasons lost interest in most of them. Recall merger British Airways and Iberia should be completed in late 2010., And the combined company will be named International Airlines Group.
The price of shares of investment bank Natixis rose to 5.92% after reports about his inclusion of securities in the calculation of the CAC 40 index. Increase in the French media company demonstrated Paper Publicis (+1,1%), which will also be included in the calculation of the CAC 40 index.
Quotes securities BP rose 1.2% after reporting on the expansion plans asset sales to $ 40 billion, in particular, the company intends to sell part of its assets in Alaska. The costs of the company incurred in connection with an accident on an oil platform deep Deepwater Horizon in the Gulf of Mexico reached $ 8 billion BP has reported previously that the costs of responding to the catastrophe of $ 6.1 billion in connection with the crash in the Gulf of Mexico cost oil concern BP advertising has increased three times from April to July of this year compared with the same period a year earlier.
Introduction to banking standards, Basel III ", estimated the 10 largest credit institutions in Germany, will require them to attract an additional 105 billion euros. Such amounts of "fresh" capital required to maintain capital adequacy at the level of 8%, the proposed new Basle Accord. The final decision to tighten the requirements for bank capital will be made in November 2010. at a meeting of European heads of State and Government. In addition, the agenda is the issue of strengthening the requirements for capital and liquidity levels of debt. However, a preliminary discussion of the key points of the reform will be held for 7 September 2010. at a meeting of the Basel Committee. Including members of the Banking Committee will decide on the minimum level of equity credit institution and on what kind of role should alternative forms of capital. According to current assumptions, regulators may require credit institutions to prove that 80% of core Tier I capital is paid-up capital and retained earnings.
