Daily Market Overview 27.07.2012
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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 |
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