We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
GE Aerospace | NYSE:GE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.32 | 0.19% | 168.29 | 1,130 | 11:29:52 |
By Sara Sjolin, MarketWatch
LONDON (MarketWatch) -- European stock markets pulled back Monday after four straight weekly gains, as a poll over the weekend put the pro-Scottish-independence camp in the lead for the first time, spooking investors.
With less than two weeks to the Sept. 18 vote, 47% of those surveyed said "yes" to independence for Scotland, while 45% said no. Economists have warned about the consequences for a Scottish breakaway; Goldman Sachs, for example, said last week that it could cause a eurozone-style crisis for both Scotland and the U.K. economy, according to media reports.
Market reaction: The pound (GBPUSD) got creamed, touching an intraday low of $1.6103 from $1.6328 in late Friday in New York, marking the lowest level since November. At the time of the European close, sterling traded at $1.6139.
The FTSE 100 index dropped 0.3% to 6,834.77.
Elsewhere in Europe, the Stoxx Europe 600 index lost 0.4% to close at 346.09 after posting a 1.6% gain last week to bring the increase over its streak of four weekly gains to 7%.
France's CAC 40 index gave up 0.3% to 4,474.93. Germany's DAX 30 index fared relatively better, rising 0.1% to 9,758.03 "as the surprise rate cut on Thursday continues to be a boon for the export-led economy," according to a note from Jonathan Sudaria, dealer at London Capital Group. The European Central Bank on Thursday cut interest rates and announced it would start to buy asset-backed securities to boost growth and fight off the threat of deflation.
Electrolux rally: Shares of the Swedish household-appliances maker jumped 5.1% to the top of the Stoxx 600 after the company agreed to buy General Electric's (GE) appliance division for $3.3 billion.
Analysts at Kepler Cheuvreux said in a note that the deal is very positive for Electrolux, as it helps the firm get a stronger foothold in North America and Latin America.
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year GE Aerospace Chart |
1 Month GE Aerospace Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions