14 maj: Audi sætter nye rekorder
17 maj: IWC Portuguese Yachtclub Volvo Ocean Race
14-05-2012 22:41:00

ADR Report: Shares Fall As Spanish Banks Drag

Relateret indhold

By Corrie Driebusch

Of DOW JONES NEWSWIRES

NEW YORK -(Dow Jones)- International companies trading in New York ended lower Monday, in line with the broader market, as political gridlock in Greece fueled fears that the country could exit the euro zone.

The Bank of New York index of ADRs fell 2% to 118.17 as Spain announced increased provisioning requirements for its banks, which some analysts said remain insufficient.

Banco Bilbao Vizcaya Argentaria SA (BBVA) said on Monday it sees a EUR1.8 billion impact from the new measures. Separately, Societe Generale cut its rating to sell from hold. Shares tumbled 4% to $6.42.

Shares of Banco Santander SA (STD) shed 3.4% to $6.02.

The European index dropped 1.9% to 108.89.

Other banks in the region also fell after Greek antibailout party Syriza said over the weekend it would not take part in a coalition government to help put austerity measures in place.

Societe Generale SA (SCGLY, GLE.FR) declined 5% to $4.18 and Credit Agricole SA (CRARY, ACA.FR) dropped 6.4% to $2.06.

The Asian index declined 1.5% to 118.51 as energy stocks fell.

Crude-oil futures fell Monday to a fresh 2012 low below $95 a barrel about mounting worries about the state of Greece's economy and rising global oil supplies.

Shares of PetroChina Co. (PTR, K3OD.SG, 0857.HK, 601857.SH) dropped 2.7% to $131.18, CNOOC Ltd. (CEO, 0883.HK) ended off 3% at $187.16 and Sinopec Shanghai Petrochemical Co. (SHI, K3DD.SG, 0338.HK, 600688.SH) tumbled 4.1% to $31.76.

The Latin American index shed 3.2% to 317.15 and the emerging markets index lost 2.7% to 272.73.

Leading Brazilian pulp producer Fibria Celulose SA (FBR, FIBR3.BR) reported a loss of 10 million Brazilian reais ($5.1 million) in the first-quarter due to a reduction of pulp prices in the period, the company said Monday in a statement. Shares of Fibria fell 2.3% to $7.10.

Chilean flagship carrier LAN Airlines SA's (LFL, LAN.SN) first-quarter net profit fell year-on-year partly due to lower Brazilian demand for goods as that country's economy is slowing, LAN Chief Financial Officer Alejandro De la Fuente said Monday.

LAN's shares dropped 2.9% to $26.40 as its first-quarter net profit decreased 22% on-year to $76 million as its cargo business revenue grew only 6% on-year to $368 million, from a 30% on-year gain to $346 million in 2010's first quarter. Shares of TAM SA (TAM, TAMM4.BR), with which LAN will start operating as a single company in mid-June, also declined, off 3.5% at $23.16.

-By Corrie Driebusch, Dow Jones Newswires; 212-416-2143; corrie.driebusch@dowjones.com

(END) Dow Jones Newswires

May 14, 2012 16:41 ET (20:41 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Aktier/tendens: Tryg kommer med lunkent regnskab i varmt marked

23-01-2018 08:44:18
Mens tirsdagens åbning tegner positiv, så kan Tryg halte lidt efter det generelle marked, efter at forsikringskoncernen har skudt regnskabssæsonen ind med tal for fjerde kvartal, der peger i flere retninger.Målt på det forsikringstekniske resultat slog Tryg akkurat analytikerforventningerne. Til gengæld haltede bundlinjen lidt efter forventningerne blandt andet som følge af en lidt skuffende inves..

Bavarian rider med på biotekbølge: Aktien stiger godt 5 pct.

22-01-2018 15:05:51
Bavarian Nordic er i forrygende form på børsen i København mandag eftermiddag, hvor aktien stiger med 5,3 pct. til 244,30 kr.Der er ikke umiddelbart selskabsspecifikke nyheder i markedet, der kan forklare fremgangen, men fokus er der i hvert fald til hele sektoren, efter at der er blevet annonceret to store handler i USA.Det kaster også udenlandsk interesse i retningen af Bavarian Nordic, hvor ude..

TDC danner ny digital forretningsenhed - NY

22-01-2018 13:11:01
TDC danner med virkning fra den 1. februar en ny forretningsenhed, Digital, med henblik på at styrke den digitale transformation i selskabet.Den nye enhed vil omfatte visse it- og udviklingsaktiviteter samt medarbejdere fra TDC Operations og vil samlet beskæftige over 500 ansatte inklusive tilknyttede medarbejdere fra Yousee og TDC Erhverv.- Digitals vigtigste formål er at samle de digitale ressou..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Bavarian rider med på biotekbølge: Aktien stiger godt 5 pct.
2
Genmab-konkurrent vil købe amerikansk biotekselskab for 55 milliarder
3
Aktier/middag: Bavarian Nordic topper i rødt C25
4
Amerikansk industrigigants aktie når laveste niveau siden 2011
5
Torm sætter tal på 2017 og udnytter optioner på to skibe - NY

Relaterede aktiekurser

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2018  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
23. januar 2018 10:45:43
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20180122.2 - EUROWEB5 - 2018-01-23 10:45:43 - 2018-01-23 10:45:43 - 1 - Website: OKAY