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European Stocks at Midday

Jun 18, 2018

European Markets                                                                                                                                                                                       Start Your Free Trial Today

  • Sentiment across European stock markets was decidedly risk-off, as concerns over escalating Sino-American trade tensions continue to dampen investor outlook. Euro Stoxx 600 is on pace for its biggest two-day decline since March, including the 0.99% loss posted on Friday. The European bond market is broadly higher today
  • European stocks are broadly lower with the Euro Stoxx 600 down 1.12%, the FTSE 100 falling 0.41%, the DAX sliding 1.58%, and the CAC 40 retreating 1.36%
  • All sectors in the Euro Stoxx 600 are in negative territory
  • Consumer discretionary (-1.33%), utilities (-1.32%), and industrials stocks (-1.31%) are the worst performers in the Euro Stoxx 600
  • Market breadth for the Euro Stoxx 600 is notably negative with 513 out of 600 stocks declining today
  • Volume across European markets is 10.98% below its 10-day average
  • The British Chamber of Commerce forecasts that FY2018 will be the UK’s weakest year of GDP growth since FY2009.
  • Italy’s trade balance for April came in at €2.94 billion, which was below expectations (€3.21 billion projected), and was lower than Italy’s trade balance in March (€4.53 billion prior)

Highlights from the European Bond Market

  • Italian sovereign treasuries are rallying, with the yield on Italy’s 10-year down 1.9 basis points to 2.574%
  • Yield on the German Bund is down 1.1 basis points to 0.391%
  • Spanish treasuries are higher as the yield on Spain’s 10-year bond has fallen 2.5 basis points to 1.262%
  • Greek bonds are higher today, with the yield on Greece’s 10-year down 2.9 basis points to 4.379%

What is Going on with European Currencies?

  • GBP£ is down 0.21%, to GBP£1.3251/USD$
  • EUR€ is 0.03% stronger, to EUR€1.1616/USD$
  • SEK is 0.18% lower, to SEK0.1136/USD$

 

*Data in price return.

Euro Stoxx 50 Movers

In local currency.

On Mobile/Tablet scroll to the right

OUTPERFORMERS TICKER Price CHG % CHG Volume
Intesa Sanpaolo SpA BIT:ISP 2.55 0.00 0.18% 40.09M
ING Groep NV ENXTAM:INGA 12.58 0.01 0.11% 5.99M
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen DB:MUV2 182.05 0.02 0.00% 227.39k
AXA SA ENXTPA:CS 21.57 -0.03 -0.14% 1.99M
Unibail-Rodamco-Westfield ENXTAM:URW 192.6 -0.5 -0.26% 133.90k

 

UNDERPERFORMERS TICKER Price Chg % Chg Volume
Engie SA ENXTPA:ENGI 13.42 -0.5 -3.59% 3.34M
Volkswagen AG XTRA:VOW3 156.38 -4.64 -2.88% 754.49k
adidas AG DB: ADS 195.5 -4.35 -2.18% 269.84k
Airbus SE ENXTPA:AIR 101.48 -2.12 -2.05% 447.69k
Iberdrola SA BME:IBE 6.58 -0.13 -1.97% 8.80M