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European Stocks Trading Higher, Buoyed By Strength In Technology Sector

Aug 23, 2018

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

European Markets

  • European stocks are in the black today, with the Euro Stoxx 600 on pace for its 3rd positive trading session this week, as investors cautiously eye Jackson Hole Economic summit for indications of the sentiment among central banks regarding interest rate policies
  • The Euro Stoxx 600 is currently up +0.08%, the FTSE 100 is higher by +0.01%, the DAX has fallen -0.09%, and the CAC 40 has risen +0.12%
  • Investor sentiment for European stocks is positive with the advance/decline ratio for the Euro Stoxx 600 currently at 1.23x
  • Technology (+0.9%), Oil & Gas (+0.4%), and Industrial Goods & Services (+0.32%) stocks are the top performers in the Euro Stoxx 600 today
  • Automobiles & Parts (-0.96%), Insurance (-0.4%), and Banks (-0.39%) stocks are the worst performers in the Euro Stoxx 600 today
  • 66 stocks in the Euro Stoxx 600 are at 4-week highs while 39 stocks are at 4-week lows
  • 26 stocks in the Euro Stoxx 600 are overbought while 20 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 13.58 after closing at 13.85 yesterday

What is Going on with European Currencies?

  • EUR€ is currently little changed against the USD$ at 1.1584
  • GBP£ is currently little changed against the USD$ at 1.2894
  • CHF is currently little changed against the USD$ at 1.0175

Highlights from the European Bond Market

  • German 10-Year Bunds are lower with yields up 0.1 basis points to 0.345%
  • French 10-Year Government Bonds are higher with yields down -0.4 basis points to 0.683%
  • UK 10-Year GILTs are lower with yields up 0.5 basis points to 1.277%
  • Italian 10-Year Government Bonds are lower with yields up 2.1 basis points to 3.082%
  • Spanish 10-Year Government Bonds are higher with yields down -1.2 basis points to 1.369%

Euro Stoxx 50 Movers

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

Outperformers Sector Price 1D% CHG Volume
adidas AG Consumer Discretionary 214 1.71%            212,381.00
CRH PLC Materials 29.4 1.10%            418,687.00
Koninklijke Philips NV Health Care 38.1 1.10%            689,445.00
SAP SE Information Technology 104 1.09%            422,232.00
Nokia OYJ Information Technology 4.74 1.04%         4,677,544.00
Underperformers Sector Price 1D% CHG Volume
Deutsche Bank AG Financials 9.78 -1.91%         4,725,323.00
Bayerische Motoren Werke AG Consumer Discretionary 81.2 -1.35%            507,505.00
Daimler AG Consumer Discretionary 54.7 -1.14%            639,432.00
Bayer AG Health Care 82.6 -1.04%         1,015,089.00
Intesa Sanpaolo SpA Financials 2.19 -0.77%      24,453,285.00