Market Outlook - 11 June 2021
After a tumultuous session, European markets ended on a mixed Both Soceite Generale and Credit Agricole gained over 3% in note on Thursday as investors responded to the European Central France. Sanofi, STMicroElectronics, and ArcelorMittal all had Bank's monetary policy announcement and statistics on US strong finishes.Unibail Rodamco, Bouygues, Accor, Air France- consumer price inflation. KLM, Technip, Orange, Vinci, and Sodexo all finished the day with significant losses.Infineon Technologies, Deutsche Telekom, and Thyssenkrupp all gained 1.4 to 2% in the German market, while Volkswagen, BMW, Lufthansa, and RWE all lost ground.
The Stoxx 600 index in Europe rose 0.1 percent. The DAX in In other European economic news, the Royal Institution of Germany fell 0.06 percent, and the CAC 40 in France fell 0.26 Chartered Surveyors said that home prices in the United Kingdom percent, while the FTSE 100 in the United Kingdom and the SMI in grew to 83 percent in May, up from 76 percent in April, for the fourth Switzerland gained 0.1 percent and 0.19 percent, respectively. BT month in a row. According to sources citing statistics from the Insee Group shares rose more than 6.5 percent in the UK market after statistical office, France's industrial output dropped unexpectedly in Altice Group announced it had acquired a 12.1% stake in the UK's April. Industrial output fell 0.1 percent in April compared to March, largest broadband and mobile operator for around 2.2 billion contrary to predictions of a 0.5 percent growth. Manufacturing pounds. output, on the other hand, fell 0.3 percent month over month in April. The stock of Auto Trader Group increased by more than 6.5 percent as the firm provided a positive forecast following a difficult year. AstraZeneca, RightMove, Prudential, Avast, Vodafone Group, GlaxoSmithKline, Scottish Mortgage, Smurfit Kappa Group, and Royal Dutch Shell all increased by 1 to 2 percent. More than 3% was lost by Thungela Sources and Compass Group. Sainsbury (J), IHG, Taylor Wimpey, WPP, British Land Company, Antofagasta, and IAG all had their stock prices drop by 2 to 3%.
Top Gainers Top Losers
Company Last Price Change% Company Last Price Change%
Logitech International Auto Trader Group Plc £615.60 +6.54% €119.40 -4.21% SA
Argen-X €245.40 +3.81% Nel ASA €16.65 -3.90%
Bank Polska Kasa €98.95 +3.47% Siemens Gamesa €24.395 -3.69% Opieki SA Renewable Energy SA
Powszechny Zaklad €38.65 +3.20% TechnipFMC PLC €10.10 -3.63% Ubezpieczen SA
BT Group PLC €195.15 +6.55% Carnival PLC £1,798.40 -3.59% Market Outlook - 11 June 2021
Disclaimer and General Advice Instructions:
This document is provided by Laverne Securities Pty Ltd T/as La Verne Investing the Corporate Authorized Representative No. CAR No. 001269781 of La Verne Capital Pty Ltd AFSL 482937. The Research Analyst who prepared this report/article hereby certifies that the views expressed in this document accurately reflect the analyst’s personal views about the Company and its financial products. The information provided in the Report/Article is provided by Morningstar and FactSet. La Verne Fund is not a fund manager, however, the portfolio and the document is for general advice only, prepared by the Analysts and Research team for our clients.
This report/article have Different Assumptions, Views, Analytical Method of the analyst with no guarantee of reliability and accuracy of the content. The Research Analyst has not been, is not, and will not be receiving direct or indirect compensation for expressing the specific recommendations or views in this report/article. La Verne Securities has its own Research methodology, with regards to the rating and is confirmed by the team for long term Strategic rating of the concerned security as an Investment for Portfolios with High Growth High Risk Profile. Individual Stock is Speculative and of High Risk in nature and strongly
This Document is provided for the Advisors, their Clients, and Financial Professionals for information only and should not be considered an offer or solicitation of an offer to buy or sell a particular security or financial product or instrument.
The information or services provided in this report/article may not be suitable for you and we strongly recommend taking the advice of your Financial Planner or Investment advisors. Laverne Investing will not treat the recipients as its customer by virtue of their receiving the report/article and should seek the advice of their consultant, prior to making any investment decision considering this report/article