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European stocks trading lower in lighter volume on return from Christmas holiday

Dec 27, 2018

 

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

European Markets

  • European stocks opened positive but soon turned negative and are trading lower in lighter volume, unable to sustain the momentum from US strength yesterday
  • European stocks are on pace for their worst year since 2008 with outflows of approximately USD$70 billion from European mutual funds
  • The Euro Stoxx 600 is currently down -1.09%, the FTSE 100 has declined -1.05%, the DAX has fallen -1.94%, and the CAC 40 is lower by -0.22%
  • Investor sentiment for European stocks is negative with the advance/decline ratio for the Euro Stoxx 600 currently at 0.26x
  • Retail (-0.34%), Technology (-0.26%), and Banks (-0.7%) stocks are the top performers in the Euro Stoxx 600 today
  • Utilities (-2.39%), Real Estate (-1.92%), and Basic Resources (-1.73%) stocks are the worst performers in the Euro Stoxx 600 today
  • 1 stock in the Euro Stoxx 600 are at 4-week highs while 90 stocks are at 4-week lows
  • 3 stocks in the Euro Stoxx 600 are overbought while 50 stocks are oversold according to the 16-day RSI Measure
  • VSTOXX, the European stocks equivalent of the VIX, is little rising this morning and is currently at 24.97 after closing at 20.39 Monday

What is Going on with European Currencies?

  • EUR€ is currently up +0.203% against the USD$ to 1.1376
  • GBP£ is currently little changed against the USD$ at 1.2642
  • CHF is currently up +0.388% against the USD$ to 1.0082

Highlights from the European Bond Market

  • Generic Euro 10-Year Bonds are higher with yields down -1.5 basis points to 0.235%
  • German 10-Year Bunds are higher with yields down -1.5 basis points to 0.235%
  • French 10-Year Government Bonds are higher with yields down -0.3 basis points to 0.694%
  • UK 10-Year GILTs are lower with yields up 2.4 basis points to 1.287%
  • Italian 10-Year Government Bonds are higher with yields down -3.6 basis points to 2.795%
  • Spanish 10-Year Government Bonds are higher with yields down -0.8 basis points to 1.393%
     

 

 

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Euro Stoxx 50 Movers

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

Outperformers Sector Price 1D % Chg Volume
ASML Holding NV Health Care 133 1.39%                  452,213
Amadeus IT Group SA Materials 60.2 0.97%                  237,781
Airbus SE Industrials 82.4 0.92%                  487,702
LVMH Moet Hennessy Louis Vuitton SE Consumer Discretionary 247 0.82%                  232,589
BNP Paribas SA Financials 39.1 0.80%               1,148,574
 
Underperformers Sector Price 1D % Chg Volume
Volkswagen AG Consumer Staples 140 -2.65%                  449,035
Linde PLC Real Estate 134 -2.58%                  408,475
Iberdrola SA Consumer Staples 6.86 -2.47%            13,274,825
Siemens AG Utilities 95.8 -2.47%                  961,755
Enel SpA Industrials 5.08 -2.12%            16,501,066

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