Rus News Journal

The share auctions in Europe were closed by small decrease in indexes

the Auctions by actions in Europe on Monday, on April, 19th, have opened decrease in leading indexes. As an occasion to sales in the world markets news that the Commission on securities and stock exchanges of the USA has brought an action against influential American bank Goldman Sachs have served, having accused him of swindle with use of derivative mortgage papers. Then there was an information that claims to bank Goldman Sachs have the British and German regulators, and they also can begin investigation concerning bank. All it has caused a collapse of stock markets on Friday, on April, 16th which has proceeded on Monday.

some support to the market was rendered by the publication of reporting Citigroup, and also the data of macroeconomic statistics of the USA. Net profit of American bank Citigroup in I quarter 2010γ. Has grown in 2,8 times and has made 4,4 mlrd dollars against 1,6 mlrd dollars For the similar period year before, a gain on 3,7 % - to 25,4 mlrd dollars with 24,5 mlrd dollars the Company management notices that it is the best indicators for Citigroup with 2007γ. The profit of the company on proceeding operations has grown in 2,5 times and has reached 4,2 mlrd dollars in comparison with 1,7 mlrd dollars year before. An index of leading economic indicators of the USA following the results of March 2010γ. Has grown on 1,4 %. Such data is resulted by research organisation Conference Board, the news service informs. Analysts expected increase of the given index on 1 %.

it is favorable on a course of the auctions in Europe positive opening of session in the USA has affected also. As a result the European share indexes have finished day in a small minus. The French index CAC 40 has decreased on 0,41 % and has made 3970,47 points, German DAX - on 0,30 % - to 6162,44 points, British FTSE 100 - on 0,28 % - to 5727,91 points.

In the oil market the liquidation of long positions caused by anxiety concerning possible demand for oil and derivative energy carriers has proceeded. Participants of the market are afraid that from - for swindle in mortgage sector of the USA in which investment bank Goldman Sachs participated, the outlined process of restoration of the American economy can be broken. Negative dynamics the prices of oil futures has been in addition caused by the further strengthening of positions of dollar concerning euro and other currencies, except for Japanese yen. As a result by the end of day cost of the nearest future of mark Brent with delivery in June has decreased on 2,2 % - to 84 dollars/ barr. Falling of the oil prices was negatively reflected in stock quotes of the power companies. Papers French Total have fallen in price on 0,26 %.

worse the market papers of the European airlines looked. Actions of British Airways have fallen to 1,40 %, Air France - on 2,85 %, Deutsche Lufthansa - on 3,00 %. Airlines have addressed to the European Union with the request to compensate them the financial losses suffered in connection with closing of air space from - for ashes of the Icelandic volcano. On it on Monday has informed British Airways (BA). The main chief executive BA of Uilli Uolsh named a current situation “ unprecedented “.

According to the head of British Airways, in the history of aviation branch already there was a similar precedent. “ after closing of air space of the USA after acts of terrorism on September, 11th 2001γ. Indemnification " has been paid airlines; - it has reminded, having underlined that present crisis will much more strongly be reflected in carriers. British Airways has cancelled on Monday all flights to Great Britain and from the country. The company estimates the daily missed gain plus contingencies in connection with “ volcanic “ crisis in 15 - 20 million pounds sterling (17 - 23 million euro).

Department of the analytical information