Daily Analysis Investing Logo

bforex_analysis-(1).png
Peru stocks lower at close of trade; S&P Lima General down 0.20%

August 16, 2018, 09:25

Investing.com – Peru stocks were lower after the close on Thursday, as losses in the Non-Metal Minerals, Food&Beverages and Industrials sectors led shares lower.

At the close in Lima, the S&P Lima General declined 0.20% to hit a new 6-months low.

The best performers of the session on the S&P Lima General were Trevali Mining (LM:TV), which rose 12.50% or 0.060 points to trade at 0.540 at the close. Meanwhile, Relapasa (LM:REL) added 5.88% or 0.010 points to end at 0.180 and Atacocha (LM:ATB) was up 2.86% or 0.010 points to 0.360 in late trade.

The worst performers of the session were Empresa Agroindustrial Pomalca (LM:POM), which fell 6.42% or 0.007 points to trade at 0.102 at the close. Buenaventura (LM:BVN) declined 2.80% or 0.340 points to end at 11.810 and Candente Copper (LM:DNT) was down 1.82% or 0.0010 points to 0.0540.

Falling stocks outnumbered advancing ones on the Lima Stock Exchange by 16 to 10 and 10 ended unchanged.

Shares in Empresa Agroindustrial Pomalca (LM:POM) fell to 5-year lows; down 6.42% or 0.007 to 0.102. Shares in Buenaventura (LM:BVN) fell to 52-week lows; losing 2.80% or 0.340 to 11.810.

Crude oil for September delivery was up 0.69% or 0.45 to $65.46 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.08% or 0.06 to hit $71.31 a barrel, while the December Gold Futures contract fell 0.34% or 4.00 to trade at $1181.00 a troy ounce.

USD/PEN was down 0.18% to 3.3120, while EUR/PEN fell 0.36% to 3.7612.

The US Dollar Index Futures was down 0.11% at 96.48.

Read More
Day Ahead: Top 3 Things to Watch

August 16, 2018, 08:48

Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow.

1. Nvidia Shares Fall on Weak Guidance

Chip stocks could face weakness tomorrow after Nvidia issued softer-than-expected guidance when it released quarterly results after the bell.

The company said it expected revenue in the current quarter to be $3.25 billion, lower than Wall Street expectations of $3.34 billion. Nvidia (NASDAQ:NVDA) stock fell more than 5% after hours.

Nvidia noted significant weakness in its cryptocurrency mining business.

“Whereas we had previously anticipated cryptocurrency to be meaningful for the year, we are now projecting no contributions going forward,” the company said in a statement.

Deere (NYSE:DE) is the lone major company reporting earnings before the bell tomorrow. Analysts are looking for a profit of $2.73 per share on revenue of about $9.2 billion.

But more of interest to the broader market would be any insight into how the trade battle with China is affecting demand for the company’s equipment and costs.

White House economic advisor Larry Kudlow confirmed Thursday that Washington and Beijing will resume trade talks by the end of August, leading to hopes that the world’s two largest economies will begin to tone down tit-for-tat tariffs and avoid a global economic meltdown.

2. Consumer Confidence in the Crosshairs

Consumer sentiment will be the highlight of the economic calendar tomorrow.

The University of Michigan releases its preliminary measure of August consumer sentiment at 10:00 AM ET (14:00 GMT).

Economists expect that the index rose to 98.1 from 97.9 in July.

Fed heads will likely be looking at the report’s inflation expectations component, which was at 2.9% last month.

The consumer is showing strength if the latest batch of retail earnings are anything to go by. Walmart (NYSE:WMT) was the latest to post very strong numbers, sending its stock soaring today.

3. Crude Set for Another Losing Week

Oil trading has been active this week and crude oil prices are on track for third-straight weekly drop, despite rising today. Expectations for steeper losses of Iran crude has struggled to stem the slide in prices.

Crude futures recouped some of their losses from a day earlier on hopes about U.S.-China trade talks. China is the world's largest oil importer.

But prices fell to a two-month low on Wednesday as inventories unexpectedly rose and a U.S.-Turkey feud fueled fears of contagion in emerging markets dimming the outlook for oil demand.

At 1:00 PM ET (17:00 GMT) tomorrow, Baker Hughes will report its weekly rig numbers. The numbers of U.S. oil rigs in operation was at 869 last week.

Read More
Mexico stocks lower at close of trade; S&P/BMV IPC down 1.08%

August 16, 2018, 08:29

Investing.com – Mexico stocks were lower after the close on Thursday, as losses in the Materials, Financial Services and Industrials sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC lost 1.08% to hit a new 1-month low.

The best performers of the session on the S&P/BMV IPC were Grupo LALA SA de CV (MX:LALAB), which rose 2.56% or 0.50 points to trade at 20.00 at the close. Meanwhile, VOLARIS A (MX:VOLARA) added 2.04% or 0.27 points to end at 13.50 and Wal - Mart De Mexico, SAB De CV (MX:WALMEX) was up 1.55% or 0.810 points to 53.220 in late trade.

The worst performers of the session were Cemex SAB de CV (MX:CMXCPO), which fell 4.27% or 0.560 points to trade at 12.560 at the close. Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) declined 4.05% or 2.190 points to end at 51.900 and Grupo Aeroportuario Del CentroNorte (MX:OMAB) was down 3.55% or 4.200 points to 114.230.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 148 to 117 and 13 ended unchanged.

Gold Futures for December delivery was down 0.35% or 4.20 to $1180.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.71% or 0.46 to hit $65.47 a barrel, while the October Brent oil contract rose 0.85% or 0.60 to trade at $71.36 a barrel.

USD/MXN was down 0.80% to 18.9787, while EUR/MXN fell 0.57% to 21.5915.

The US Dollar Index Futures was down 0.12% at 96.47.

Read More
U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.58%

August 16, 2018, 08:25

Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Telecoms, Utilities and Financials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.58%, while the S&P 500 index climbed 0.79%, and the NASDAQ Composite index added 0.42%.

The best performers of the session on the Dow Jones Industrial Average were Walmart Inc (NYSE:WMT), which rose 9.33% or 8.42 points to trade at 98.64 at the close. Meanwhile, Boeing Co (NYSE:BA) added 4.28% or 14.21 points to end at 345.97 and Caterpillar Inc (NYSE:CAT) was up 3.23% or 4.26 points to 136.28 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 0.61% or 0.29 points to trade at 47.17 at the close. Walt Disney Company (NYSE:DIS) declined 0.31% or 0.35 points to end at 112.50 and Microsoft Corporation (NASDAQ:MSFT) was down 0.02% or 0.02 points to 107.64.

The top performers on the S&P 500 were Walmart Inc (NYSE:WMT) which rose 9.33% to 98.64, Symantec Corporation (NASDAQ:SYMC) which was up 4.64% to settle at 19.41 and Boeing Co (NYSE:BA) which gained 4.28% to close at 345.97.

The worst performers were Chipotle Mexican Grill Inc (NYSE:CMG) which was down 4.40% to 502.76 in late trade, NetApp Inc (NASDAQ:NTAP) which lost 3.59% to settle at 79.51 and Chesapeake Energy Corporation (NYSE:CHK) which was down 3.30% to 4.255 at the close.

The top performers on the NASDAQ Composite were JMU Ltd (NASDAQ:JMU) which rose 46.83% to 1.850, Sphere 3D Corp (NASDAQ:ANY) which was up 34.38% to settle at 0.311 and SAExploration Holdings Inc (NASDAQ:SAEX) which gained 28.89% to close at 0.580.

The worst performers were Pain Therapeutics Inc (NASDAQ:PTIE) which was down 47.45% to 1.030 in late trade, Helios and Matheson Analytics Inc (NASDAQ:HMNY) which lost 37.50% to settle at 0.030 and ParkerVision Inc (NASDAQ:PRKR) which was down 32.11% to 0.2600 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2270 to 816 and 29 ended unchanged; on the Nasdaq Stock Exchange, 1766 rose and 784 declined, while 128 ended unchanged.

Shares in Pain Therapeutics Inc (NASDAQ:PTIE) fell to all time lows; losing 47.45% or 0.930 to 1.030. Shares in Helios and Matheson Analytics Inc (NASDAQ:HMNY) fell to all time lows; falling 37.50% or 0.018 to 0.030. Shares in ParkerVision Inc (NASDAQ:PRKR) fell to all time lows; losing 32.11% or 0.1230 to 0.2600.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 7.58% to 13.53.

Gold Futures for December delivery was down 0.34% or 4.00 to $1181.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.71% or 0.46 to hit $65.47 a barrel, while the October Brent oil contract rose 0.82% or 0.58 to trade at $71.34 a barrel.

EUR/USD was up 0.26% to 1.1377, while USD/JPY rose 0.14% to 110.90.

The US Dollar Index Futures was down 0.12% at 96.47.

Read More
Brazil stocks lower at close of trade; Bovespa down 0.35%

August 16, 2018, 08:25

Investing.com – Brazil stocks were lower after the close on Thursday, as losses in the Consumption, Basic Materials and Industrials sectors led shares lower.

At the close in Sao Paulo, the Bovespa lost 0.35%.

The best performers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET3), which rose 7.93% or 1.21 points to trade at 16.46 at the close. Meanwhile, Centrais Eletricas Brasileiras SA (SA:ELET6) added 7.13% or 1.26 points to end at 18.94 and CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) was up 4.43% or 0.35 points to 8.25 in late trade.

The worst performers of the session were Viavarejo Unt (SA:VVAR11), which fell 3.20% or 0.64 points to trade at 19.36 at the close. JBS SA (SA:JBSS3) declined 3.16% or 0.29 points to end at 8.88 and Suzano Papel e Celulose SA (SA:SUZB3) was down 2.64% or 1.17 points to 43.16.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 227 to 197 and 31 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.29% to 34.81.

Gold Futures for December delivery was down 0.34% or 4.00 to $1181.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.71% or 0.46 to hit $65.47 a barrel, while the September US coffee C contract fell 0.24% or 0.25 to trade at $101.92 .

USD/BRL was down 0.11% to 3.9025, while EUR/BRL rose 0.23% to 4.4395.

The US Dollar Index Futures was down 0.11% at 96.48.

Read More
Canada stocks higher at close of trade; S&P/TSX Composite up 0.43%

August 16, 2018, 08:25

Investing.com – Canada stocks were higher after the close on Thursday, as gains in the Consumer Staples, Clean Technology and Telecoms sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.43%.

The best performers of the session on the S&P/TSX Composite were West Fraser Timber Co. Ltd . (TO:WFT), which rose 7.35% or 6.25 points to trade at 91.30 at the close. Meanwhile, Labrador Iron Ore Royalty Corp (TO:LIF) added 5.44% or 1.26 points to end at 24.42 and Interfor Corp (TO:IFP) was up 5.19% or 1.14 points to 23.10 in late trade.

The worst performers of the session were NovaGold Resources Inc (TO:NG), which fell 12.68% or 0.70 points to trade at 4.82 at the close. Endeavour Mining Corp (TO:EDV) declined 5.28% or 1.030 points to end at 18.490 and Great Canadian Gaming Corporation (TO:GC) was down 5.17% or 2.46 points to 45.10.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 640 to 431 and 133 ended unchanged.

Shares in Endeavour Mining Corp (TO:EDV) fell to 52-week lows; falling 5.28% or 1.030 to 18.490.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 4.92% to 13.54.

Gold Futures for December delivery was down 0.34% or 4.00 to $1181.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.71% or 0.46 to hit $65.47 a barrel, while the October Brent oil contract rose 0.85% or 0.60 to trade at $71.36 a barrel.

CAD/USD was down 0.14% to 0.7599, while CAD/EUR fell 0.42% to 0.6679.

The US Dollar Index Futures was down 0.11% at 96.48.

Read More
Stocks - Dow Bags Biggest Daily Gain in Months as US-China Concerns Cool

August 16, 2018, 07:58

Investing.com - The Dow had its best day in months as investors cheered bullish earnings from Walmart and optimism over U.S-China relations as both parties will resume trade talks.

The Dow Jones Industrial Average rose about 1.58% -- its biggest daily gain since April. The S&P 500 rose 0.85%, while the Nasdaq Composite rose about 0.42%.

A wave of buying pressure emerged across the broader averages on hopes the U.S. and China would be able to hash out their differences in trade talks slated for later this month, and pave the way for an end to their ongoing trade war.

Trade talks have stalled in recent months as both parties imposed billions of dollars' worth of tariffs on each other's goods, with the United States threatening to impose a further $200 billion in tariffs.

Caterpillar (NYSE:CAT) and Boeing (NYSE:BA) -- notable names most sensitive to escalating trade tensions -- closed markedly higher.

Boeing (NYSE:BA) stock closed 4% higher, clawing back losses sustained over the previous four sessions, which followed concerns about the aircraft manufacturer's exposure to China and a rout in emerging markets.

The broader averages were also propelled higher on upbeat earnings from both Walmart and Cisco.

Walmart Inc (NYSE:WMT) stock closed 9% higher after the retailer delivered its best quarter in a decade, smashing earnings estimates as grocery and e-commerce growth swelled. Cisco Systems (NASDAQ:CSCO) also reported above-consensus earnings.

"Walmart's combination of physical infrastructure and ability to leverage its scale with vendors to give consumers lower prices is proving to be a powerful force when competing with Amazon (NASDAQ:AMZN)," S.G. Cowen said in a note.

Energy, which led the sharp decline in the broader market, recouped some of its losses as oil prices settled higher, shaking off concerns about waning crude demand.

On the New York Mercantile Exchange crude futures for September delivery rose 45 cents settle at $65.46 a barrel.

In other corporate news, Teva Pharma (NYSE:TEVA) stock surged after the Food and Drug Administration approved Teva's generic version of EpiPen, the emergency allergy medication.

On the economic front, traders mulled over mixed economic data showing ongoing pressures in the housing market and an unexpected slump in the Philly Fed Index, which serves as a precursor for the ISM factory survey due in two weeks.

Top Dow Gainers and Losers Today:

Walmart (NYSE:WMT), Bank of America (NYSE:BAC), Caterpillar (NYSE:CAT) among the top Dow gainers for the session.

Intel (NASDAQ:INTC), Microsoft (NASDAQ:MSFT) and Walt Disney (NYSE:DIS) were among the worst Dow performers of the session.

Read More
Colombia stocks higher at close of trade; COLCAP up 0.31%

August 16, 2018, 08:15

Investing.com – Colombia stocks were higher after the close on Thursday, as gains in the Industrials, Services and Financials sectors led shares higher.

At the close in Colombia, the COLCAP rose 0.31%.

The best performers of the session on the COLCAP were Etb (CN:ETB), which rose 3.80% or 13.0 points to trade at 355.0 at the close. Meanwhile, Ecopetrol SA (CN:ECO) added 2.00% or 60.0 points to end at 3060.0 and Bancolombia Pf (CN:BIC_p1) was up 1.32% or 440.0 points to 33680.0 in late trade.

The worst performers of the session were Conconcret (CN:CIC), which fell 6.06% or 40.0 points to trade at 620.0 at the close. Promigas (CN:PMG) declined 3.78% or 280.0 points to end at 7120.0 and Cemex Latam Holdings SA (CN:CLH) was down 2.55% or 180.0 points to 6870.0.

Rising stocks outnumbered declining ones on the Colombia Stock Exchange by 17 to 8 and 4 ended unchanged.

Shares in Conconcret (CN:CIC) fell to 5-year lows; down 6.06% or 40.0 to 620.0. Shares in Cemex Latam Holdings SA (CN:CLH) fell to all time lows; losing 2.55% or 180.0 to 6870.0.

US coffee C for September delivery was down 0.24% or 0.25 to $101.92 . Elsewhere in commodities trading, US cocoa for delivery in December rose 0.47% or 10.00 to hit $2155.00 , while the December Gold Futures contract fell 0.34% or 4.00 to trade at $1181.00 a troy ounce.

USD/COP was down 0.93% to 3021.50, while BRL/COP fell 1.11% to 774.33.

The US Dollar Index Futures was down 0.10% at 96.49.

Read More
Crude Oil Prices Settle Higher, but Fears Over Demand Dent Gains

August 16, 2018, 06:48

Investing.com - WTI crude oil prices settled higher on Thursday, but concerns about waning demand kept a lid on gains.

On the New York Mercantile Exchange crude futures for September delivery rose 45 cents to trade at $65.46 a barrel, while on London's Intercontinental Exchange, Brent rose 0.90% to trade at $71.39 barrel.

Oil prices recouped some of their losses from a day earlier on hopes U.S.-China trade talks set to resume later this month would open the door to more constructive talks between the two nations, and ease the economic slowdown in China, the world's largest oil importer.

Crude oil prices fell to a two-month low on Wednesday as inventories of U.S. crude unexpectedly rose and a U.S.-Turkey feud fueled fears of contagion in emerging markets dimming the outlook for oil demand.

Inventories of U.S. crude rose by 6.805 million barrels for the week ended Aug. 10, missing expectations for a draw of 2.449 million barrels, according to data from the Energy Information Administration (EIA).

The unexpected build in crude supplies emerged as imports rose by about 1.341 million barrels a day (bpd), while exports fell by 2.58 million bpd, data from EIA showed. An increase in refinery activity, which tends to support demand for crude, did little to limit the build in stockpiles.

A monthly OPEC report released earlier this week exacerbated fears of slowing oil demand growth as the cartel forecast lower demand amid increased non-OPEC supply.

Global oil demand growth for 2019 was lowered by 20,000 barrels per day (bpd) to 1.4 million bpd, while non-OPEC oil supply in 2019 was revised up by 30,000 bpd to 2.13 million bpd.

Crude oil prices are on track for third-straight weekly drop as expectations for steeper losses of Iran crude has struggled to stem the slide in oil prices.

Oil-market observers will likely turn to the Baker Hughes rig count data Friday for signs that U.S. output continues to tighten after data on Wednesday, showed U.S. oil output rose for the time in three weeks.

Read More
Metals Prices Power Ahead as Dollar's Dash Higher Stalls

August 16, 2018, 05:55

Investing.com - Metal prices rebounded Thursday from a rout a day earlier as a subdued dollar and expectations for renewed U.S.-China trade talks supported sentiment, helping gold prices steady.

Gold futures for August delivery on the Comex division of the New York Mercantile Exchange fell by $1.00, or 0.08%, to $1,184.80 troy ounce.

The dollar struggled to add to gains, stemming losses in the yellow metal, which fell to a fresh 17-month low intraday.

The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, fell by 0.06% to 96.54.

But traders remained wary of initiating large upside bets on gold, as the dollar is likely to resume its advance sooner rather than later, supported rising rates.

The U.S. dollar offers the highest yield in carry trades, which is "historically atypical and a reflection of a robust U.S. economic cycle and a steadily hiking Fed," said analysts from Bank of America Merrill Lynch (NYSE:BAC) in a note. "These are the attributes that have supported the dollar higher since the first quarter. "

Gold is sensitive to moves higher in the U.S. dollar. A stronger dollar makes gold more expensive for holders of foreign currency, reducing investor demand for the precious metal.

Elsewhere, the wider metals market rebounded on optimism over U.S.-China trade talks and easing concerns over Turkey's economic frailties, as the lira continued its recovery from a recent rout.

White House economic advisor Larry Kudlow confirmed Thursday that the U.S. and China will resume trade talks later this month, ending a two-month stalemate during which both countries have imposed billions of dollars' worth of tariffs on each other's goods.

The escalating trade war between the U.S. and China has dented the latter's economy, raising concerns that further weakness could dent the Far-East nation's demand for commodities, which could hurt emerging market economies reliant on commodity exports.

Copper prices rose 1.88% to $2.61, while zinc prices rose 3.65% at 2,377.25.

Aluminium prices rose 0.57% to 2,038.25, while nickel futures rose 3.40% to 13,327.50.

Silver futures rose 1.35% to $14.64 a troy ounce, while platinum futures lost 1.45% to $783.10.

Read More
Dollar Hovers at 13-Month Highs; Euro Edges Lower

August 16, 2018, 05:20

Investing.com - The dollar was flat against its rivals Thursday, pressured by a bout of mixed U.S. economic data and improving risk sentiment after the U.S. confirmed trade talks with China would resume.

The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, fell by 0.01% to 96.58.

White House economic advisor Larry Kudlow confirmed Thursday that the U.S. and China will resume trade talks later this month, ending a two-month stalemate during which both countries have imposed billions of dollars' worth of tariffs on each other's goods.

Concerns over Turkey eased as lira continued its recovery from a slump earlier in the week, underpinning risk sentiment, after Turkish financial minister Berat Albayrak reportedly told investors that the government would tighten fiscal policy and ruled out capital controls.

But analysts said the "half-measures" implemented by Turkey this week were unlikely to pull its economy from the brink and called for the country to adopt a policy overhaul.

"These exemplify the half-measures that are unlikely to restore confidence," Berenberg Bank said. "Considering the country shows the 'classic signs' of economic overheating, Turkey needs to rise interest rates and implement fiscal prudence, including less reliance on credit-financed vanity projects such as the next mega-airport or a channel to bypass the Bosporus."

The dollar was also knocked by mixed U.S. economic data on housing and regional manufacturing.

The Commerce Department said Tuesday U.S. homebuilding fell 0.9% to a seasonally adjusted annual rate of 1.168 million units in July, well below economists’ estimates for a 7.4% rise.

In a separate report, the Philadelphia Fed said its manufacturing index fell 13.8 points to a reading of 11.9, from 25.7 in July.

The euro gave up most of its gains despite an earlier surge on the back of a rising in the lira.

EUR/USD rose 0.17% to $1.1366 after languishing at 13-1/2 month lows.

Elsewhere, the return of risk appetite weighed on safe-haven yen and Swiss franc fell, helping the greenback pare losses.

USD/JPY rose 0.14% to 1110.90, while USD/CHF rose 0.25% to 0.9962.

GBP/USD rose 0.05% to $1.2702, while USD/CAD rose 0.17% to C$1.3164.

Read More
Nigeria stocks lower at close of trade; NSE 30 down 0.95%

August 16, 2018, 05:15

Investing.com – Nigeria stocks were lower after the close on Thursday, as losses in the Banking, Insurance and Food, Beverages&Tobacco sectors led shares lower.

At the close in Lagos, the NSE 30 fell 0.95% to hit a new 52-week low.

The best performers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 1.79% or 0.10 points to trade at 5.55 at the close. Meanwhile, Diamond Bank (LAGOS:DIAMONB) added 0.91% or 0.010 points to end at 1.110 and Guaranty Bnk (LAGOS:GUARANT) was up 0.79% or 0.30 points to 38.05 in late trade.

The worst performers of the session were Skye Bank (LAGOS:SKYEBAN), which fell 8.77% or 0.050 points to trade at 0.520 at the close. Wemabank (LAGOS:WEMABAN) declined 7.46% or 0.050 points to end at 0.610 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) was down 5.92% or 0.45 points to 7.15.

Falling stocks outnumbered advancing ones on the Lagos by 54 to 26 and 15 ended unchanged.

Crude oil for September delivery was up 0.68% or 0.44 to $65.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.93% or 0.66 to hit $71.42 a barrel, while the December Gold Futures contract fell 0.09% or 1.10 to trade at $1183.90 a troy ounce.

EUR/NGN was up 0.54% to 411.370, while USD/NGN fell 0.14% to 360.000.

The US Dollar Index Futures was down 0.06% at 96.53.

Read More
Morocco stocks lower at close of trade; Moroccan All Shares down 0.06%

August 16, 2018, 05:05

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Chemicals, Real Estate and Distributors sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 0.06%.

The best performers of the session on the Moroccan All Shares were Maghreb Oxygene (CS:OXYG), which rose 5.99% or 8.40 points to trade at 148.65 at the close. Meanwhile, Delattre Levivier Maroc (CS:DLM) added 5.57% or 7.85 points to end at 148.85 and Miniere Touissit (CS:CMT) was up 3.36% or 50 points to 1540 in late trade.

The worst performers of the session were Alliances (CS:ADI), which fell 4.18% or 4 points to trade at 99 at the close. Snep (CS:SNP) declined 2.98% or 18.60 points to end at 605.00 and CIH (CS:CIH) was down 2.98% or 8.95 points to 291.05.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 16 to 13 and 7 ended unchanged.

Crude oil for September delivery was up 0.51% or 0.33 to $65.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.73% or 0.52 to hit $71.28 a barrel, while the December Gold Futures contract fell 0.08% or 1.00 to trade at $1184.00 a troy ounce.

EUR/MAD was up 0.14% to 10.8790, while USD/MAD fell 0.01% to 9.5715.

The US Dollar Index Futures was down 0.04% at 96.55.

Read More
Portugal stocks higher at close of trade; PSI 20 up 1.29%

August 16, 2018, 04:45

Investing.com – Portugal stocks were higher after the close on Thursday, as gains in the Basic Materials, Industrials and Consumer Services sectors led shares higher.

At the close in Lisbon, the PSI 20 gained 1.29%.

The best performers of the session on the PSI 20 were The Navigator Company SA (LS:NVGR), which rose 4.19% or 0.1800 points to trade at 4.4760 at the close. Meanwhile, CTT Correios de Portugal SA (LS:CTT) added 2.40% or 0.0760 points to end at 3.2400 and Pharol SGPS SA (LS:PHRA) was up 2.04% or 0.0045 points to 0.2255 in late trade.

The worst performers of the session were EDP (LS:EDP), which unchanged 0.00% or 0.0000 points to trade at 3.4000 at the close. Galp Energia Nom (LS:GALP) added 0.55% or 0.0950 points to end at 17.3450 and REN (LS:RENE) was up 0.58% or 0.0140 points to 2.4400.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 27 to 4 and 7 ended unchanged.

Brent oil for October delivery was up 0.64% or 0.45 to $71.21 a barrel. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.49% or 0.32 to hit $65.33 a barrel, while the December Gold Futures contract fell 0.08% or 0.90 to trade at $1184.10 a troy ounce.

EUR/USD was up 0.18% to 1.1367, while EUR/GBP rose 0.07% to 0.8944.

The US Dollar Index Futures was down 0.06% at 96.53.

Read More
Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.85%

August 16, 2018, 04:35

Investing.com – Denmark stocks were higher after the close on Thursday, as gains in the Consumer Goods, Personal&Household Goods and Financials sectors led shares higher.

At the close in Copenhagen, the OMX Copenhagen 20 gained 0.85%.

The best performers of the session on the OMX Copenhagen 20 were Carlsberg A/S B (CO:CARLb), which rose 3.46% or 26.4 points to trade at 790.0 at the close. Meanwhile, GN Store Nord (CO:GN) added 2.99% or 9.3 points to end at 320.3 and DSV (CO:DSV) was up 2.34% or 13.4 points to 586.6 in late trade.

The worst performers of the session were ISS A/S (CO:ISS), which fell 3.89% or 8.80 points to trade at 217.60 at the close. Vestas Wind Systems A/S (CO:VWS) declined 1.74% or 7.1 points to end at 400.1 and Novo Nordisk A/S Class B (CO:NOVOb) was up 0.02% or 0.1 points to 313.9.

Rising stocks outnumbered declining ones on the Copenhagen Stock Exchange by 70 to 45 and 18 ended unchanged.

Shares in Carlsberg A/S B (CO:CARLb) rose to all time highs; gaining 3.46% or 26.4 to 790.0. Shares in DSV (CO:DSV) rose to all time highs; rising 2.34% or 13.4 to 586.6.

Crude oil for September delivery was up 0.51% or 0.33 to $65.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.62% or 0.44 to hit $71.20 a barrel, while the December Gold Futures contract rose 0.11% or 1.30 to trade at $1186.30 a troy ounce.

USD/DKK was down 0.24% to 6.5554, while EUR/DKK rose 0.03% to 7.4572.

The US Dollar Index Futures was down 0.11% at 96.48.

Read More
Spain stocks higher at close of trade; IBEX 35 up 0.43%

August 16, 2018, 04:35

Investing.com – Spain stocks were higher after the close on Thursday, as gains in the Financial Services&Real Estate, Telecoms&IT and Consumer Services sectors led shares higher.

At the close in Madrid, the IBEX 35 added 0.43%.

The best performers of the session on the IBEX 35 were BBVA (MC:BBVA), which rose 1.63% or 0.088 points to trade at 5.487 at the close. Meanwhile, Amadeus IT (MC:AMA) added 1.46% or 1.080 points to end at 75.080 and Caixabank SA (MC:CABK) was up 1.33% or 0.050 points to 3.800 in late trade.

The worst performers of the session were ACS Actividades de Construccion y Servicios SA (MC:ACS), which fell 1.97% or 0.700 points to trade at 34.750 at the close. Siemens Gamesa Renewable Energy SA (MC:GAM) declined 1.51% or 0.180 points to end at 11.720 and Ferrovial (MC:FER) was down 1.20% or 0.215 points to 17.770.

Rising stocks outnumbered declining ones on the Madrid Stock Exchange by 119 to 54 and 16 ended unchanged.

Shares in Amadeus IT (MC:AMA) rose to all time highs; gaining 1.46% or 1.080 to 75.080.

Gold Futures for December delivery was up 0.10% or 1.20 to $1186.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.51% or 0.33 to hit $65.34 a barrel, while the October Brent oil contract rose 0.62% or 0.44 to trade at $71.20 a barrel.

EUR/USD was up 0.26% to 1.1376, while EUR/GBP rose 0.11% to 0.8948.

The US Dollar Index Futures was down 0.11% at 96.48.

Read More
France stocks higher at close of trade; CAC 40 up 0.83%

August 16, 2018, 04:35

Investing.com – France stocks were higher after the close on Thursday, as gains in the Consumer Goods, Basic Materials and Utilities sectors led shares higher.

At the close in Paris, the CAC 40 rose 0.83%, while the SBF 120 index climbed 0.76%.

The best performers of the session on the CAC 40 were Publicis Groupe SA (PA:PUBP), which rose 2.30% or 1.26 points to trade at 56.04 at the close. Meanwhile, LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) added 2.28% or 6.65 points to end at 297.80 and Airbus Group SE (PA:AIR) was up 2.22% or 2.34 points to 107.56 in late trade.

The worst performers of the session were Valeo SA (PA:VLOF), which fell 0.36% or 0.14 points to trade at 39.23 at the close. Vinci SA (PA:SGEF) declined 0.27% or 0.22 points to end at 81.22 and Vivendi SA (PA:VIV) was down 0.19% or 0.04 points to 21.31.

The top performers on the SBF 120 were JC Decaux SA (PA:JCDX) which rose 7.14% to 27.90, Elior Group (PA:ELIOR) which was up 4.26% to settle at 13.96 and Europcar Groupe SA (PA:EUCAR) which gained 3.33% to close at 8.38.

The worst performers were DBV Technologies (PA:DBV) which was down 4.32% to 31.480 in late trade, Groupe Eurotunnel (PA:GETP) which lost 1.90% to settle at 10.815 and Euronext (PA:ENX) which was down 1.14% to 52.15 at the close.

Rising stocks outnumbered declining ones on the Paris Stock Exchange by 323 to 204 and 127 ended unchanged.

Shares in Valeo SA (PA:VLOF) fell to 52-week lows; losing 0.36% or 0.14 to 39.23.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 14.38% to 15.24.

Gold Futures for December delivery was up 0.10% or 1.20 to $1186.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.51% or 0.33 to hit $65.34 a barrel, while the October Brent oil contract rose 0.62% or 0.44 to trade at $71.20 a barrel.

EUR/USD was up 0.26% to 1.1376, while EUR/GBP rose 0.11% to 0.8948.

The US Dollar Index Futures was down 0.11% at 96.48.

Read More
Netherlands stocks higher at close of trade; AEX up 0.67%

August 16, 2018, 04:35

Investing.com – Netherlands stocks were higher after the close on Thursday, as gains in the Financials, Telecoms and Healthcare sectors led shares higher.

At the close in Amsterdam, the AEX added 0.67%.

The best performers of the session on the AEX were NN Group NV (AS:NN), which rose 4.05% or 1.47 points to trade at 37.76 at the close. Meanwhile, Altice NV (AS:ATCA) added 2.57% or 0.06 points to end at 2.40 and Aegon NV (AS:AEGN) was up 2.46% or 0.132 points to 5.488 in late trade.

The worst performers of the session were Galapagos NV (AS:GLPG), which fell 0.90% or 0.820 points to trade at 89.940 at the close. Gemalto (AS:GTO) declined 0.38% or 0.19 points to end at 49.79 and ASML Holding NV (AS:ASML) was down 0.08% or 0.14 points to 173.90.

Rising stocks outnumbered declining ones on the Amsterdam Stock Exchange by 76 to 51 and 9 ended unchanged.

The AEX Volatility, which measures the implied volatility of AEX options, was down 15.54% to 13.41.

Crude oil for September delivery was up 0.57% or 0.37 to $65.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.66% or 0.47 to hit $71.23 a barrel, while the December Gold Futures contract rose 0.11% or 1.30 to trade at $1186.30 a troy ounce.

EUR/USD was up 0.26% to 1.1377, while EUR/GBP rose 0.10% to 0.8947.

The US Dollar Index Futures was down 0.12% at 96.47.

Read More
Italy stocks lower at close of trade; Investing.com Italy 40 down 1.67%

August 16, 2018, 04:35

Investing.com – Italy stocks were lower after the close on Thursday, as losses in the Industrials, Technology and Travel&Leisure sectors led shares lower.

At the close in Milan, the Investing.com Italy 40 declined 1.67% to hit a new 52-week low.

The best performers of the session on the Investing.com Italy 40 were Unipol Gruppo Finanziario Spa (MI:UNPI), which rose 3.59% or 0.128 points to trade at 3.692 at the close. Meanwhile, Buzzi Unicem (MI:BZU) added 3.03% or 0.53 points to end at 17.84 and Mediobanca (MI:MDBI) was up 2.12% or 0.176 points to 8.496 in late trade.

The worst performers of the session were Atlantia (MI:ATL), which fell 22.26% or 5.24 points to trade at 18.30 at the close. Banco Bpm (MI:BAMI) declined 3.96% or 0.086 points to end at 2.099 and STMicroelectronics (MI:STM) was down 3.18% or 0.570 points to 17.335.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 240 to 106 and 32 ended unchanged.

Shares in Atlantia (MI:ATL) fell to 3-years lows; down 22.26% or 5.24 to 18.30. Shares in Banco Bpm (MI:BAMI) fell to 52-week lows; losing 3.96% or 0.086 to 2.099.

Crude oil for September delivery was up 0.57% or 0.37 to $65.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.65% or 0.46 to hit $71.22 a barrel, while the December Gold Futures contract rose 0.11% or 1.30 to trade at $1186.30 a troy ounce.

EUR/USD was up 0.26% to 1.1376, while EUR/GBP rose 0.10% to 0.8947.

The US Dollar Index Futures was down 0.11% at 96.48.

Read More
Russia stocks lower at close of trade; MOEX Russia down 0.27%

August 16, 2018, 04:35

Investing.com – Russia stocks were lower after the close on Thursday, as losses in the Mining, Oil&Gas and Telecoms sectors led shares lower.

At the close in Moscow, the MOEX Russia lost 0.27%.

The best performers of the session on the MOEX Russia were NPK OVK PAO (MCX:UWGN), which rose 3.48% or 18.2 points to trade at 541.4 at the close. Meanwhile, Trubnaya Metallurgicheskaya Kompaniya OAO (MCX:TRMK) added 3.36% or 2.40 points to end at 73.75 and Aeroflot (MCX:AFLT) was up 2.89% or 3.10 points to 110.50 in late trade.

The worst performers of the session were NK RussNeft PAO (MCX:RNFT), which fell 3.75% or 22.0 points to trade at 565.0 at the close. X5 Retail Group NV (MCX:FIVEDR) declined 2.31% or 36.5 points to end at 1540.5 and MMK (MCX:MAGN) was down 2.02% or 0.940 points to 45.500.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 110 to 88 and 15 ended unchanged.

Shares in X5 Retail Group NV (MCX:FIVEDR) fell to all time lows; falling 2.31% or 36.5 to 1540.5.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 0.15% to 26.670.

Gold Futures for December delivery was up 0.11% or 1.30 to $1186.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.52% or 0.34 to hit $65.35 a barrel, while the October Brent oil contract rose 0.61% or 0.43 to trade at $71.19 a barrel.

USD/RUB was down 0.71% to 66.8213, while EUR/RUB fell 0.44% to 76.0128.

The US Dollar Index Futures was down 0.12% at 96.47.

Read More
Finland stocks higher at close of trade; OMX Helsinki 25 up 1.22%

August 16, 2018, 04:30

Investing.com – Finland stocks were higher after the close on Thursday, as gains in the Telecoms, Utilities and Basic Materials sectors led shares higher.

At the close in Helsinki, the OMX Helsinki 25 rose 1.22%.

The best performers of the session on the OMX Helsinki 25 were DNA Oyj (HE:DNAO), which rose 6.18% or 1.0500 points to trade at 18.0300 at the close. Meanwhile, Huhtamaki Oyj (HE:HUH1V) added 2.09% or 0.63 points to end at 30.77 and UPM-Kymmene Oyj (HE:UPM) was up 2.05% or 0.61 points to 30.39 in late trade.

The worst performers of the session were Neste Oil Oyj (HE:NESTE), which fell 0.76% or 0.56 points to trade at 73.60 at the close. Cargotec Oyj (HE:CGCBV) declined 0.74% or 0.30 points to end at 40.04 and Outokumpu Oyj (HE:OUT1V) was down 0.12% or 0.0060 points to 5.1960.

Rising stocks outnumbered declining ones on the Helsinki Stock Exchange by 86 to 62 and 15 ended unchanged.

Brent oil for October delivery was up 0.69% or 0.49 to $71.25 a barrel. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.58% or 0.38 to hit $65.39 a barrel, while the December Gold Futures contract rose 0.06% or 0.70 to trade at $1185.70 a troy ounce.

EUR/USD was up 0.26% to 1.1376, while EUR/GBP rose 0.10% to 0.8947.

The US Dollar Index Futures was down 0.11% at 96.48.

Read More
Belgium stocks higher at close of trade; BEL 20 up 0.60%

August 16, 2018, 04:20

Investing.com – Belgium stocks were higher after the close on Thursday, as gains in the Utilities, Consumer Services and Consumer Goods sectors led shares higher.

At the close in Brussels, the BEL 20 added 0.60%.

The best performers of the session on the BEL 20 were bpost NV (BR:BPOST), which rose 2.49% or 0.32 points to trade at 13.17 at the close. Meanwhile, Ontex Group (BR:ONTEX) added 1.63% or 0.38 points to end at 23.74 and Solvay SA (BR:SOLB) was up 1.56% or 1.75 points to 114.15 in late trade.

The worst performers of the session were Umicore SA (BR:UMI), which fell 1.17% or 0.54 points to trade at 45.81 at the close. Galapagos NV (AS:GLPG) declined 0.90% or 0.820 points to end at 89.940 and Aperam SA (AS:APAM) was down 0.79% or 0.31 points to 38.69.

Rising stocks outnumbered declining ones on the Brussels Stock Exchange by 58 to 51 and 19 ended unchanged.

Gold Futures for December delivery was up 0.07% or 0.80 to $1185.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.63% or 0.41 to hit $65.42 a barrel, while the October Brent oil contract rose 0.61% or 0.43 to trade at $71.19 a barrel.

EUR/USD was up 0.32% to 1.1383, while EUR/GBP rose 0.15% to 0.8951.

The US Dollar Index Futures was down 0.14% at 96.45.

Read More
U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 1.02%

August 16, 2018, 04:15

Investing.com – U.K. stocks were higher after the close on Thursday, as gains in the Construction&Materials, Fixed Line Telecommunications and Tobacco sectors led shares higher.

At the close in London, the Investing.com United Kingdom 100 added 1.02%.

The best performers of the session on the Investing.com United Kingdom 100 were WPP PLC (LON:WPP), which rose 2.93% or 36.50 points to trade at 1281.50 at the close. Meanwhile, J Sainsbury PLC (LON:SBRY) added 2.61% or 8.60 points to end at 338.20 and Fresnillo PLC (LON:FRES) was up 2.52% or 22.60 points to 919.60 in late trade.

The worst performers of the session were Kingfisher PLC (LON:KGF), which fell 4.82% or 13.90 points to trade at 274.50 at the close. Informa Plc (LON:INF) declined 1.40% or 11.00 points to end at 774.00 and Legal&General Group PLC (LON:LGEN) was down 1.12% or 2.90 points to 254.90.

Rising stocks outnumbered declining ones on the London Stock Exchange by 1206 to 795 and 323 ended unchanged.

Shares in Kingfisher PLC (LON:KGF) fell to 5-year lows; losing 4.82% or 13.90 to 274.50. Shares in J Sainsbury PLC (LON:SBRY) rose to 3-years highs; gaining 2.61% or 8.60 to 338.20.

Gold Futures for December delivery was up 0.07% or 0.80 to $1185.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.57% or 0.37 to hit $65.38 a barrel, while the October Brent oil contract rose 0.54% or 0.38 to trade at $71.14 a barrel.

GBP/USD was up 0.16% to 1.2718, while EUR/GBP rose 0.15% to 0.8951.

The US Dollar Index Futures was down 0.16% at 96.44.

Read More
Germany stocks higher at close of trade; DAX up 0.61%

August 16, 2018, 04:15

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Software, Transportation&Logistics and Technology sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.61%, while the MDAX index gained 0.88%, and the TecDAX index gained 1.59%.

The best performers of the session on the DAX were SAP SE (DE:SAPG), which rose 2.78% or 2.760 points to trade at 102.060 at the close. Meanwhile, Deutsche Lufthansa AG (DE:LHAG) added 1.80% or 0.410 points to end at 23.190 and Vonovia SE (DE:VNAn) was up 1.69% or 0.72 points to 43.22 in late trade.

The worst performers of the session were Bayer AG NA (DE:BAYGN), which fell 4.63% or 3.74 points to trade at 77.05 at the close. Deutsche Boerse AG (DE:DB1Gn) declined 0.09% or 0.100 points to end at 111.550 and BASF SE NA O.N. (DE:BASFN) was down 0.05% or 0.040 points to 77.460.

The top performers on the MDAX were Puma SE (DE:PUMG) which rose 6.36% to 455.75, K+S AG NA O.N. (DE:SDFGn) which was up 2.84% to settle at 19.585 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which gained 2.70% to close at 31.140.

The worst performers were Hochtief AG (DE:HOTG) which was down 4.79% to 141.10 in late trade, Leoni AG (DE:LEOGn) which lost 2.17% to settle at 36.500 and Aareal Bank AG (DE:ARLG) which was down 1.25% to 36.390 at the close.

The top performers on the TecDAX were Wirecard AG (DE:WDIG) which rose 8.99% to 175.875, Evotec AG O.N. (DE:EVTG) which was up 5.93% to settle at 20.640 and SMA Solar Technology AG (DE:S92G) which gained 3.38% to close at 29.940.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 1.81% to 8.364 in late trade, S&T AG (DE:SANT1) which lost 1.11% to settle at 24.96 and Xing AG (DE:OBCGn) which was down 0.99% to 300.50 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 451 to 249 and 80 ended unchanged.

Shares in Bayer AG NA (DE:BAYGN) fell to 5-year lows; down 4.63% or 3.74 to 77.05. Shares in Vonovia SE (DE:VNAn) rose to all time highs; up 1.69% or 0.72 to 43.22. Shares in BASF SE NA O.N. (DE:BASFN) fell to 52-week lows; losing 0.05% or 0.040 to 77.460. Shares in Leoni AG (DE:LEOGn) fell to 52-week lows; falling 2.17% or 0.810 to 36.500. Shares in Wirecard AG (DE:WDIG) rose to all time highs; rising 8.99% or 14.500 to 175.875.

The DAX volatility index, which measures the implied volatility of DAX options, was down 13.06% to 17.68.

Gold Futures for December delivery was up 0.08% or 1.00 to $1186.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.58% or 0.38 to hit $65.39 a barrel, while the October Brent oil contract rose 0.61% or 0.43 to trade at $71.19 a barrel.

EUR/USD was up 0.33% to 1.1385, while EUR/GBP rose 0.15% to 0.8951.

The US Dollar Index Futures was down 0.17% at 96.43.

Read More
Poland stocks lower at close of trade; WIG30 down 0.60%

August 16, 2018, 04:10

Investing.com – Poland stocks were lower after the close on Thursday, as losses in the Basic Materials, Telecoms and Developers sectors led shares lower.

At the close in Warsaw, the WIG30 lost 0.60%.

The best performers of the session on the WIG30 were Powszechna Kasa Oszczednosci Bank Polski SA (WA:PKO), which rose 2.32% or 0.91 points to trade at 40.18 at the close. Meanwhile, Kernel Holding SA (WA:KER) added 1.37% or 0.70 points to end at 51.80 and Powszechny Zaklad Ubezpieczen SA (WA:PZU) was up 1.21% or 0.50 points to 41.99 in late trade.

The worst performers of the session were Jastrzebska Spotka Weglowa SA (WA:JSW), which fell 4.15% or 3.26 points to trade at 75.20 at the close. Cyfrowy Polsat SA (WA:CPS) declined 3.10% or 0.70 points to end at 21.90 and CD Projekt SA (WA:CDR) was down 3.00% or 6.40 points to 206.60.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 254 to 173 and 203 ended unchanged.

Crude oil for September delivery was up 0.49% or 0.32 to $65.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.49% or 0.35 to hit $71.11 a barrel, while the December Gold Futures contract rose 0.07% or 0.80 to trade at $1185.80 a troy ounce.

EUR/PLN was down 0.41% to 4.3044, while USD/PLN fell 0.76% to 3.7807.

The US Dollar Index Futures was down 0.18% at 96.42.

Read More
Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.11%

August 16, 2018, 04:05

Investing.com – Sweden stocks were higher after the close on Thursday, as gains in the Basic Materials, Financials and Consumer Goods sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 rose 1.11%.

The best performers of the session on the OMX Stockholm 30 were Essity AB B (ST:ESSITYb), which rose 2.68% or 6.10 points to trade at 233.80 at the close. Meanwhile, Boliden AB (ST:BOL) added 1.85% or 4.55 points to end at 250.35 and Swedbank AB ser A (ST:SWEDa) was up 1.71% or 3.5 points to 207.8 in late trade.

The worst performers of the session were AstraZeneca PLC (ST:AZN), which fell 0.20% or 1.4 points to trade at 703.2 at the close. Electrolux, AB ser. B (ST:ELUXb) declined 0.15% or 0.3 points to end at 203.9 and Securitas AB ser. B (ST:SECUb) was up 0.19% or 0.30 points to 159.10.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 373 to 251 and 60 ended unchanged.

Crude oil for September delivery was up 0.58% or 0.38 to $65.39 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.61% or 0.43 to hit $71.19 a barrel, while the December Gold Futures contract rose 0.05% or 0.60 to trade at $1185.60 a troy ounce.

EUR/SEK was up 0.21% to 10.4655, while USD/SEK fell 0.14% to 9.1929.

The US Dollar Index Futures was down 0.16% at 96.44.

Read More
Turkey stocks lower at close of trade; BIST 100 down 3.46%

August 16, 2018, 04:05

Investing.com – Turkey stocks were lower after the close on Thursday, as losses in the Basic Metals, Leasing&Factoring and Metal Products&Machinery sectors led shares lower.

At the close in Istanbul, the BIST 100 lost 3.46% to hit a new 52-week low.

The best performers of the session on the BIST 100 were Dogan Sirketler Grubu Holding AS (IS:DOHOL), which rose 11.38% or 0.140 points to trade at 1.370 at the close. Meanwhile, Aygaz AS (IS:AYGAZ) added 6.82% or 0.75 points to end at 11.75 and Mavi Giyim Sanayi Ve Ticaret AS (IS:MAVI) was up 2.13% or 0.50 points to 24.00 in late trade.

The worst performers of the session were Yatas Yatak ve Yorgan Sanayi Ticaret AS (IS:YATAS), which fell 10.55% or 0.460 points to trade at 3.900 at the close. Ford Otomotiv Sanayi AS (IS:FROTO) declined 8.21% or 4.80 points to end at 53.70 and Eregli Demir ve Celik Fabrikalari TAS (IS:EREGL) was down 8.19% or 0.930 points to 10.430.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 243 to 125 and 41 ended unchanged.

Gold Futures for December delivery was up 0.04% or 0.50 to $1185.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.58% or 0.38 to hit $65.39 a barrel, while the October Brent oil contract rose 0.62% or 0.44 to trade at $71.20 a barrel.

USD/TRY was down 2.64% to 5.7637, while EUR/TRY fell 1.95% to 6.5704.

The US Dollar Index Futures was down 0.16% at 96.44.

Read More
Norway stocks higher at close of trade; Oslo OBX up 0.71%

August 16, 2018, 04:05

Investing.com – Norway stocks were higher after the close on Thursday, as gains in the Technology Hardware&Equipment, Food, Beverages&Tobacco and Insurance sectors led shares higher.

At the close in Oslo, the Oslo OBX rose 0.71%.

The best performers of the session on the Oslo OBX were Norwegian Finans Holding ASA (OL:NOFI), which rose 3.08% or 3.05 points to trade at 101.27 at the close. Meanwhile, Marine Harvest ASA (OL:MHG) added 2.84% or 4.95 points to end at 178.95 and Leroy Seafood Group ASA (OL:LSG) was up 2.81% or 1.7 points to 61.4 in late trade.

The worst performers of the session were Aker Solutions OL (OL:AKSOL), which fell 1.76% or 0.96 points to trade at 53.64 at the close. DNO International ASA (OL:DNO) declined 0.96% or 0.18 points to end at 18.57 and Aker BP ASA (OL:AKERBP) was down 0.87% or 2.40 points to 272.40.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 101 to 82 and 24 ended unchanged.

Crude oil for September delivery was up 0.58% or 0.38 to $65.39 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.59% or 0.42 to hit $71.18 a barrel, while the December Gold Futures contract rose 0.03% or 0.40 to trade at $1185.40 a troy ounce.

EUR/NOK was up 0.48% to 9.6366, while USD/NOK rose 0.14% to 8.4665.

The US Dollar Index Futures was down 0.14% at 96.45.

Read More
Oil Prices Recover as Trade Hopes Bolster Rebound

August 16, 2018, 03:45

Investing.com - Oil prices traded slightly higher on Thursday, breaking a three-day losing streak, as hopes the U.S. and China could reconcile recent trade tensions eased worries over the impact on the global economy.

New York-traded West Texas Intermediate crude futures gained 35 cents, or 0.54% to $65.36 a barrel by 11:42 AM ET (15:42 GMT).

Meanwhile, Brent crude futures, the benchmark for oil prices outside the U.S., rose 32 cents, or 0.45%, to $71.08.

White House economic advisor Larry Kudlow confirmed Thursday that Washington and Beijing will resume trade talks by the end of August, leading to hopes that the world’s two largest economies will begin to tone down tit-for-tat tariffs and avoid a global economic meltdown.

Crude has been under pressure as trade tensions have spurred worries of negative impact to the global economy, reducing demand for black gold.

Thursday’s more optimistic outlook on trade helped crude undergo a slight bounce on Thursday, following a three-day losing streak. U.S. crude ended Wednesday’s session with a 3% plunge after U.S. inventory data showed crude stockpiles had unexpectedly risen by 6.8 million barrels, surprising consensus that had forecast a draw of around 2.5 million barrels.

Also supporting gains, the dollar edged lower on Thursday, making the dollar-denominated asset more attractive to holders of foreign currency.

In other energy trading, gasoline futures fell 0.81% to $1.9758 a gallon by 11:44 AM ET (15:44 GMT), while heating oil inched up 0.09% to $2.0922 a gallon.

Lastly, natural gas futures traded down 1.12% to $2.907 per million British thermal units, after weekly storage data showed a larger-than-expected build.

Read More