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European Stocks Advancing Despite Soft Eurozone Growth

Jul 31, 2018

*Data in Price Return, Source: Stockdio

European Markets                                                                                                                                                            Start Your Free Trial Today

  • Euro Stoxx 600 is currently up 0.18%, FTSE 100 is up 0.67%, the DAX is down -0.09%, and the CAC 40 is up 0.2%
  • Banks(+1.18%), Travel & Leisure(+0.96%), Oil & Gas(+0.88%) stocks are the top performers in the Euro Stoxx 600 today
  • Chemicals(-0.53%), Health Care(-0.44%), Technology(-0.36%) stocks are the worst performers in the Euro Stoxx 600 today
  • Euro-area GDP growth came in at +0.3% in C2Q2018 against estimates of +0.4%. Y/Y Euro-area GDP growth was reported at +2.7% against estimates of +2.8%
  • Investor sentiment for European stocks is neutral with the advance/decline ratio for the Euro Stoxx 600 currently at 1.03x
  • 112 stocks in the Euro Stoxx 600 are at 4-week highs while 26 stocks are at 4-week lows
  • 62 stocks in the Euro Stoxx 600 are overbought while 14 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 12.6after closing at 12.71 yesterday

Highlights from the European Bond Market

  • Generic Euro 10-Year Bonds are higher with yields down -0.1 basis points to 0.445%
  • German 10-Year Bunds are higher with yields down -0.1 basis points to 0.445%
  • French 10-Year Government Bonds are higher with yields down -1 basis points to 0.738%
  • UK 10-Year GILTs are higher with yields down -0.5 basis points to 1.338%
  • Italian 10-Year Government Bonds are higher with yields down -1.7 basis points to 2.769%
  • Spanish 10-Year Government Bonds are higher with yields down -1.3 basis points to 1.413%

What is Going on with European Currencies?

  • EUR€ is currently up +0.239% against the USD$ to 1.1734
  • GBP£ is currently up +0.206% against the USD$ to 1.316
  • CHF is currently little changed against the USD$ at 1.0123

Euro Stoxx 50 Movers

In local currency.

On Mobile/Tablet scroll to the right

Outperformers Sector Price 1D% CHG Volume
Vivendi SA Consumer Discretionary 22.3 4.53%       3,181,923.00
Intesa Sanpaolo SpA Financials 2.6105 3.20%    59,496,390.00
Deutsche Bank AG Financials 11.206 2.62%    10,458,547.00
Societe Generale SA Financials 38.25 2.24%       2,316,912.00
Banco Santander SA Financials 4.8445 1.75%    43,822,037.00

 

Underperformers Sector Price 1D% CHG Volume
Fresenius SE & Co KGaA Health Care 67.28 -1.65%          437,634.00
Nokia OYJ Information Technology 4.665 -1.39%       9,695,295.00
Safran SA Industrials 105.95 -1.21%          304,325.00
Airbus SE Industrials 105.96 -1.10%          296,548.00
Sanofi Health Care 73.32 -0.85%          793,289.00