July 24th, 2009
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On Friday, July 24, European stock markets showed mixed trends, with a predominance of negative component. Reporting season, which began for health, has some bad news, as published in the course of the day, macroeconomic statistics has been mixed. In particular, the UK's GDP declined by a preliminary calculation of 0.8%, while the expected reduction of 0.3% at the same time, the index of German business optimism rose in July compared with June and exceeded forecasts.
The key index of the UK FTSE 100 rose 0.4%, French CAC 40 index lost 0.2%, and the German DAX lost 0.3%. Regional Dow Stoxx 600 Index decreased by 0,05%.
The world's largest manufacturer of wireless communication networks Ericsson lost 7.7% after the publication of the quarterly statements - net income fell by 56% to 831 million kroner ($ 111 million), comparedwith 1.9 billion kroner a year earlier and was significantly below expectations.
Shares of German company Merck collapsed to 14.3% on the background of the news that the EU has not approved the drug Erbitux to treat lung cancer, because it causes severe side effects and no significant effect in the treatment. Following these news analysts UBS and JPMorgan Chase Co lowered the stock ratings of Merck.
the world's largest manufacturer of agricultural chemicals Syngenta has lost 7.4% of market value, fell short of expectations of analysts of its semi-annual profit of $ 1.39 billion
From the field of positive - in the telecommunications sector prevailed revival. The world's largest mobile operator Vodafone gained 3.1% thanks to the news of an increase in quarterly sales at 9.3% to a level of 10.7 billion pounds sterling.
Leading Swedish mobile operator TeliaSonera has left in plus on 7,5%, after increased its forecast for profitability. Quarterly net profit of the company rose by 8.2% and amounted to 4.47 billion kroner, justified forecasts.
Leading European building materials supplier Saint-Gobain added 3.4% after the expanded program to reduce costs by 400 million euros to 1.1 billion euros.
The largest Finnish construction company YIT jumped by 14%, surpassing forecasts of quarterly earnings.
The Swiss manufacturer of dental implants Nobel Biocare Holding brought bulls gain 6.5% as a result of the Deutsche Bank analysts recommend buy his actions.
| closing time (IUT) | Index | Country | Closure (points) | Changing the day (%) | Change for day (items) | Change from the beginning of the year (%) |
|---|---|---|---|---|---|---|
| 19:45 | ATX | Austria | 2202 | 1.1 | 24.03 | 24.40 |
| 19:30 | BEL20 Index | Belgium | 2135.43 | -0.25 | -5.42 | 12.17 |
| 19:30 | FTSE 100 | United Kingdom | 4576.61 | 0.37 | 16.81 | 3.21 |
| 19:30 | DAX Index | Germany | 5229.36 | -0.34 | -17.92 | 9.09 |
| 19:30 | IBEX 35 INDEX | Spain | 10438.6 | 0.66 | 68.8 | 12.77 |
| 19:30 | FTSE /MIB | Italy | 20161.18 | -0.4 | -81.13 | 4.02 |
| 19: 30 | AEX | Netherlands | 276.15 | 0 | 0 | 12.28 |
| 19:30 | OMX Nordic 40 | Scandinavia | 753.87 | -0.05 | -0.38 | 20.53 |
| 19:30 | CAC 40 | France | 3366.45 | -0.22 | -7.27 | 4.84 |
| 19:30 | SMI | Switzerland | 5760.9 | -0.08 | -4.61 | 4.17 |
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EBRD: The deep recession in 2009 are expected in Russia, Romania, Turkey and Ukraine
Rada refused to instruct the Cabinet to provide funding for the AIC no less than 10% of GDP in the draft state budget-2010
The most powerful of the day were shares of Surgutneftegaz, the prices of which had grown up almost 2%
Throughout the week there was a demand for shares InterRAO, magnet (as a security tool), and coal companies
Forex on the European session
Factor Friday led to the closure of Russian divergent indices reverse the positive trends in oil prices
United States: Skeletons in the closet season statements have not slowed the movement of the indices
Opinion: Course of the dollar might rise due to the elimination of Ukrprombank
NERC has raised gas prices by 20% for the population in September and 20% for teplokommunenergo October



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