The rise in the Dow Jones and the small decline in the Nasdaq last night did not seem to influence the course of the main European markets, which are virtually unchanged at 11.30. London is down 0.04% at 6267 points. The Dax in Frankfurt is at 6637 points, up 0.14%. Paris instead leaves on the ground to 0.06%, to 5820 points.
Opening a negative for the London Stock Exchange, which marks -0.46% to 6436 points. According to analysts London could react better than expected at the collapse of the Dow Jones yesterday, following a trend already that we have seen in recent sessions. They lose today, such as Vodafone (-2.47%) and British Telecom (-0.26%), while salt Bp Amoco (+5.93%) through higher oil prices.
Yet another slide in the Nasdaq followed by a nervous performance of European stock exchanges. But how long? “Europe is more to influence the fear of what might happen in the markets of overseas of what really happens,” said Luke Streri, market strategist at studies and investment securities, “The trend of the last session on Wall Street , negative for the Dow Jones, has scared the markets of the continent. But there is no panic among investors. The correction could be over why the United States have already developed as Europe seems determined to do so. At these price levels you can start looking at some titles with a view to purchase. This does not mean that the market will divide, but after a few bounces will enter a stage side, in which securities to increase awareness of the Old Economy such as insurance and banking, but also the confidence will come back on TMT sector. And ‘a must selectivity that will choose the titles that have a larger and more visible. Among the most interesting are Tim RNC and Telecom savings, Fiat privilege, Tiscali (with an entry price around 550/600 euros), Toro, general, and in the interests of trading, Finmeccanica.
debuts today, the Dow Jones Euro Stoxx 50, the title Danone. The entry of Danone is due to the new criterion used by the index, it is no longer calculated by the capitalization of the title but his floating capital. Danone marks a decrease of 0, 31% trading at € 158.40.
Starting from next week will be 17 French titles, including all nell’Eurostoxx 50, may be traded freely on the German Xetra trading platform. French titles to go alongside those of Dow Jones and those of the Amsterdam stock exchange. In the second half of the year is also provided an opening for Italian titles.
The Japanese stock market “thanks” Wall Street and in the wake of the mini-rebound in the Nasdaq and Dow Jones ends the session in positive terrain: the Nikkei index has chalked up a rise of 1 , 45% to 9694 points share. In the other main plot rather negative squares Asia: Hong Kong gave the 1 .07% at 9185 points, the Korea Exchange in Seoul has yielded 2.09% at 472 points while the index of Singapore STI falls 0.53% in the 1278 points. Instead, reopened, scoring a sharp decline, the stock exchange of Pakistan, which has remained closed since Friday 14 September due to concerns triggered by the terrorist attacks in the U.S..
“Lately the market has no food for relief and the Milan Stock Exchange as a shadow seems to follow the movements of U.S. indices, explanatory notes SIM in Milan. “The advice is to follow the international linkages, particularly the few ideas that come from the Nasdaq and Dow Jones. The two indices seem to have stabilized in the range at different locations in 1750-2000 and 10850-11150 in the points. So be careful to movements of the underlying and to choose the covered warrants because the implied volatility is continuing to fall. “
