blog

Latest from the Quantamize Blog

European Stocks Advancing Midday As Banks Begin To Rally

Aug 21, 2018

Start Your Free Trial Today

 

*Data in Price Return and Updated Real-Time (with a delay), Source: StockDio

European Markets

  • European equities are in positive territory today, as European bank stocks begin to rebound following a sell-off that was triggered by Turkey's economic plight
  • The Euro Stoxx 600 is currently up +0.39%, the FTSE 100 has declined -0.06%, the DAX has advanced +0.63%, and the CAC 40 has risen +0.77%
  • Investor sentiment for European stocks is positive with the advance/decline ratio for the Euro Stoxx 600 currently at 3.08x
  • Utilities (+0.89%), Construction & Materials (+0.79%), and Banks (+0.65%) stocks are the top performers in the Euro Stoxx 600 today
  • Travel & Leisure (-0.25%), Media (-0.03%), and Basic Resources (+0.14%) stocks are the worst performers in the Euro Stoxx 600 today
  • 67 stocks in the Euro Stoxx 600 are at 4-week highs while 18 stocks are at 4-week lows
  • 22 stocks in the Euro Stoxx 600 are overbought while 30 stocks are oversold according to the 16-day RSI Measure
  • VSTOXX, the European stocks equivalent of the VIX, is little changed this morning and is currently at 13.61 after closing at 14.5 yesterday

What is Going on with European Currencies?

  • EUR€ is currently up +0.34% against the USD$ to 1.1521
  • GBP£ is currently up +0.297% against the USD$ to 1.2836
  • CHF is currently up +0.407% against the USD$ to 1.0127

Highlights from the European Bond Market

  • German 10-Year Bunds are lower with yields up 2.6 basis points to 0.328%
  • French 10-Year Government Bonds are lower with yields up 1.8 basis points to 0.671%
  • UK 10-Year GILTs are lower with yields up 3.7 basis points to 1.26%
  • Italian 10-Year Government Bonds are higher with yields down -6.4 basis points to 2.95%
  • Spanish 10-Year Government Bonds are higher with yields down -3.4 basis points to 1.356%

Euro Stoxx 50 Movers

In local currency.
On Mobile/Tablet scroll to the right.

Outperformers Sector Price 1D% CHG Volume
Bayer AG Health Care 83.4 3.19%         2,326,225.00
Intesa Sanpaolo SpA Financials 2.23 2.88%      41,990,444.00
Banco Bilbao Vizcaya Argentaria SA Financials 5.52 1.94%         6,870,766.00
Cie de Saint-Gobain Industrials 36.3 1.90%            644,768.00
Deutsche Bank AG Financials 9.93 1.62%         4,558,691.00
Underperformers Sector Price 1D% CHG Volume
Unibail-Rodamco-Westfield Real Estate 186 -0.19%               68,699.00
Volkswagen AG Consumer Discretionary 139 -0.12%            383,883.00
Vivendi SA Consumer Discretionary 21.9 -0.09%            443,841.00
CRH PLC Materials 28.6 -0.07%            152,763.00
Daimler AG Consumer Discretionary 55.3 -0.05%            946,889.00