Daily Market Overview 27.07.2012

| Saturday, 28 July 2012 0:43
0

this post has been viewed 25 times

The European and U.S equities rallied for a second consecutive day after the President of ECB announced today that he has arranged a meeting with Bundesbank’s President, Jens Weidmann. The president of ECB will try to gain the support and enable him to present a unified front to financial markets in order to gain back the investor’s confidence to the Equity market. The Spanish 10 year Bonds declined to 6.74% from 7.62% on July 24th.

The DJ30 closed at 12,075.66, gaining 187.73 points (+1.46%), SPX500 closed at 1,385.97, gaining 25.95 points (+1.91%) and the NASDAQ closed at 2,647.03 gaining 62.18 points (+2.41%) in today’s trading.

The CAC40 closed at 3,280.19, gaining 73.07 points (+2.28%), FTSE100 closed at 5,627.21 gaining 54.05 points (+0.97%) and DAX40 closed at 6,689.40 gaining 106.44 points (+1.62%).

Facebook (FB) shares plunged to record lows after the earnings report. Huge slowdown in revenue growth and no perspective financial forecast for current quarter were a huge disappointment for investors.

 Stocks Execution Prices:

Name

Sell

Buy

Closing Rate

Change %

Apple (AAPL)

583.97

585.21

585.16

1.79

Google (GOOG)

632.88

634.30

634.96

3.52

Facebook (FB)

23.88

23.93

23.70

-11.70

Microsoft (MSFT)

29.72

29.79

29.75

2.04

Amazon (AMZN)

236.70

237.20

237.32

7.87

Yahoo (YHOO)

16.08

16.13

16.11

1.96

Zynga (ZNGA)

3.08

3.11

3.09

-2.83

| Saturday, 28 July 2012 0:43
0

this post has been viewed 25 times

0 comments
Sort: Newest | Oldest