Saturday, March 3, 2012

European stocks rise this week that the ECB has a maximum loan to banks


Europeans (UKX) shares rose last week that the European Central Bank, banks lent in the region and consumer confidence and jobless claims in the United States added to optimism that the world’s largest economy to recover.
Veolia Environnement SA, the world’s supply of water is the largest, jumped 22 percent after it said it is in exclusive talks to its transmission system Transdev unit mass selling. Cable & Wireless PLC, the world jumped by 20 percent, such as Tata Communications Ltd. Said it will make a cash offer for the company.
The Stoxx europe 600 Index gained 0.9 percent to 267.21 last week. The baseline measurement of 3.9 percent last month and increased 8.1 percent since the beginning of the year to the end of last month. It has been the biggest increase since January-February 1998 as investors speculated that contain the crisis in the euro-zone government bonds and U.S. economic reports that beat estimates.
“The global context is the action of the ECB to improve, is part of a broad range of promotion of contacts with other central banks around the world,” said Trevor Greetham, head of asset investment allowance at Fidelity manages the world 135.3 million pounds (214 500. 000 $). ”There is increasing evidence that the stimulus starting to work and a recovery in the United States take the global growth is going on.”
Finance ministers from the Euro zone rescue package approved this week, funds in the region to issue bonds for the debt of Greece, the first step towards the development of the Mediterranean nation restructure its bailout fund of 130 million.
“We saw today that Greece has made great efforts and has made great progress,” said German Finance Minister Wolfgang Schaeuble told reporters after the meeting on 1 Of March. ”We were able to make a decision, always positive.”
U.S. consumer confidence
Trust (CONCCONF) of U.S. consumers rose in February to the highest level in a year and demonstrates budgetary expenditure to support and stimulate the economy. Initial jobless claims fell last week to a level corresponding to a minimum of four years showed a Labor Department report.
Auxiliary programs written recovers the largest gains among the 19 industry groups in the Stoxx 600 (SXXP) as Veolia Environnement and Suez. Technology shares posted the biggest weekly decline.
Veolia jumped by 22 percent, the largest weekly increase since 2002. Veolia has had exclusive interviews with unnamed investors from the sale of Transdev, the unit of mass transit, with deposit, CEO of Antoine Frérot first Of March. Les Echos on 2 March, the utility had discussions with the infrastructure fund of Natixis SA cube. The French newspaper did not say where he got the information.
Cable & Wireless Worldwide
Cable & Wireless throughout the world met 20 percent of Tata said as he could with Vodafone Group PLC will compete for the owner of the largest in the United Kingdom, to acquire the fiber optic network., Mumbai-based Tata said the decision to make an offer on 29March do. Vodafone, who said last month it was considering an offer, you have until 12 March to tell whether to make a formal offer for London-based Cable & Wireless.
ITV PLC rose 9.2 percent as the largest commercial broadcaster in the UK country hit in 2011 profit that beat analysts’ estimates, after the expansion of services, the less confidence in advertising.
SBM Offshore NV (SBMO), the world’s largest floating oil and gas platforms, increased by 15 per cent growth for the Company’s portfolio and revenue forecasts for 2012.
Vivendi SA (VIV), fell by 13 percent after predicting that the result will be until 2013 that covered his unit SFR in competition with the Iliad SA, a new French mobile operator.
Essar Energy PLC (ESSR), a power producer in India and refining of oil traded in London fell by 9.7 percent compared with a loss of 568.2 million dollars in 2011 compared to a profit of $ 248.3 million in 2010 . The Supreme Court of India ruled in January that the unit of energy Essar Oil is 63 million rupees (U.S. $ 1.3 billion) in sales tax paid, reversing a lower court ruling which allows to shift the costs.

No comments:

Post a Comment