(Bloomberg) — Driven by a number of surprisingly positive quarterly reports, and the jump in the Dow Jones over the psychologically important mark of 20,000 points, the European share markets, with strong gains from Wednesday.
An additional impulse to Buy came from the chart, for example, after the Dax broke out of his for weeks well-established sideways range to the top. The somewhat under-anticipated ifo business climate index for January left behind, although in the meantime the brake tracks, are not clouded the mood, but permanently.
The Stoxx Europe 600 index rose 1.3 percent to 366,59 counter. For the Euro Stoxx 50 was down 1.4 percent to 3326,15 points to the top. The Dax closed 1.8 per cent firmer at 11.806,05 meters. This was the highest level since the 22. May 2015. The SMI advanced by 1.7 percent to 8387,55 points.
the upward movement between Amsterdam and Zurich, the Bank’s shares attracted an average of 3.0 percent was Headed. Previously, the Banco Santander SA had surprised with its Numbers for the fourth quarter is positive. Pre-provision profit of the Spanish major Bank was five per cent above expectations, commented the analysts of Goldman Sachs. Banco Santander rose by 4.0 per cent.
Because of good business in Latin America increased the share of strongly committed Banco Bilbao Vizcaya Argentaria SA to 3.2 percent. In the Wake of Deutsche Bank AG rose 5.8 percent, UniCredit SpA, climbed to 8.9 percent.
in addition, the ongoing speculation has fueled a consolidation of the European insurance sector, the rates of the insurance companies. The corresponding Subindex of the Stoxx Europe 600 advanced 2.5 percent. Allianz SE rose by 3.3 per cent, Axa SA advanced 2.7 percent, Vienna Insurance Group AG advanced 3.8 percent.
Rocket Internet SE rose 7.7 percent, after Deutsche Bank-Analyst Benjamin Kohnke the day before, in a communication, the possibility of a stock exchange had played in gangs of Delivery Hero in the second quarter. Hamburger port and logistics AG declined 2.9 percent, the analysts from Citi had recommended the stock for sale. Gerry Weber International AG fell by 4.7 percent. The clothing manufacturer had reported for the past fiscal year a decline in sales and a confident Outlook.
For Raiffeisen Bank International AG, in Vienna, by 10.9 percent. The analysts of UBS had recommended the shares at the time of purchase. After the credit institution has improved its capital position, clearly, could focus the market on the ability of the Bank to accelerate lending in the attractive Central and Eastern European markets.
At the Zurich stock exchange, the securities of Logitech International SA were among others the focus of market participants. The manufacturer of Computer accessories such as mice and keyboards, had not only presented a significantly better-than-expected Figures for the third quarter, but the Outlook for the year for the second Time after screwed up. “Buy value,” commented Kepler-Cheuvreux-Analyst Torsten Sauter in a message. Logitech increased by 15.5 percent.
Swatch Group AG advanced 2.5 percent. The analysts of Deutsche Bank had recommended the papers for sale. Newron Pharmaceuticals SpA rose by 1.3 percent. The company had been in talks with a potential Partner over the licensing of a medicament for the treatment of schizophrenia.
The LuxX increased by 0.7 percent to 1716,442 counter. Reinet Investments SCA rose by 5.0 percent, for ArcelorMittal SA fell by 2.2 percent down.
On Wall Street, the Dow Jones had risen after several futile attempts, immediately after the start of trading for the first time about the mark of 20,000 points. At the close of trading in Europe, the Index closed 0.7 percent firmer at 20.047 counters. For the S&P 500 went up by 0.6 per cent to 2293 points.
The share of the construction equipment manufacturer Caterpillar Inc rose 1.8 percent. The Trump Administration has compiled according to media reports, a list of infrastructure projects in the volume of 137,5 billion dollars. The papers of the world’s largest aircraft manufacturer Boeing Co rose after better-than-expected Numbers for the fourth quarter to 4.7 percent. Cree Inc rose by 9.3 percent. The manufacturer of solutions for LED lighting applications had surpassed the report for the second quarter of the year analysts ‘ expectations.
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