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European Stocks at Midday

Jul 17, 2018

European Markets

 

 

  • European stocks are compounding on yesterday’s negative returns, and are broadly in the red today, with the Euro Stoxx 600 -0.32%, the FTSE 100 -0.20%, the DAX -0.21%, and the CAC40 -0.43%
  • Telecommunications (-1.68%), consumer staples (-0.73%), and utilities stocks (-0.63%) are the largest laggards in the Euro Stoxx 600
  • Materials stocks (+0.74%) are the only stocks in the Euro Stoxx 600 in positive territory
  • Market breadth for the Euro Stoxx 600 is decidedly negative with 248 stocks advancing compared to 333 declines
  • Volume across European equity markets is 15.39% below its 10-day average
  • Italy’s industrial turnover in May grew +5.0% Y/Y, firmly above industrial turnover growth in April (+3.9% Y/Y). Industrial orders in May were well below April results (+4.9% Y/Y vs +7/2% Y/Y expected)
  • UK unemployment in May was in-line with the consensus (4.2% vs 4.2% projected)

Highlights from the European Bond Market

  • Italian treasuries are higher today, with the yield on Italy’s 10-year down 7.0 basis points to 2.500%
  • The German Bund is up today, with the yield on the German 10-year falling 0.7 basis points to 0.351%
  • Yield on the UK 10-year is down 1.1 basis points to 1.267%
  • Spanish sovereign treasuries are up today, as yield on Spain’s’ 10-year declined 1.3 basis points to 1.261%

What is Going on with European Currencies?

  • EUR€ is 0.04% weaker, to EUR€/USD$ -- 1.1706
  • GBP£ is down 0.29%, to GBP£/USD$ -- 1.3197
  • SEK is up 0.27%, to SEK/USD$ -- 0.1136
  • CHF is 0.16% higher, to CHF/USD$ -- 1.005 

*Data in Price Return

Euro Stoxx 50 Movers

In local currency.

On Mobile/Tablet scroll to the right. 

Outperformers Ticker Price Chg % Chg Volume
BASF SE DB:BAS 82.67 1.08 1.32% 921.11k
Allianz SE DB:ALV 181.72 1.64 0.91% 347.63k
Safran SA ENXTPA:SAF 107.80 0.90 0.84% 309.45k
Intesa Sanpaolo SpA BIT:ISP 2.47 0.02 0.65% 28.37M
Airbus SE ENXTPA:AIR 107.54 0.60 0.56% 364.04k

 

Underperformers Ticker Price Chg % Chg Volume
Orange SA ENXTPA:ORA 14.16 -0.40 -2.78% 3.28M
Telefonica SA BME:TEF 7.39 -0.13 -1.68% 6.07M
Vivendi SA ENXTPA:VIV 21.05 -0.34 -1.59% 739.97k
Nokia OYJ HLSE:NOKIA 4.93 -0.07 -1.48% 4.70M
CRH PLC ISE:CRG 30.26 -0.44 -1.43% 233.98k