14 maj: Tryg/CEO: Større fokus på rentabilitet koster på væksten
15 maj: Selskabernes forventninger - tirsdag den 15 maj
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

Siemens skal betale erstatning til syge medarbejdere - NY

30-06-2016 11:22:11
Vindmøllefabrikken Siemens Wind er ved Retten i Aalborg blevet dømt til at betale knap en million kroner i erstatning til tre medarbejdere, der blev syge af arb..

Mærsk/Sydbank: Oil mere oplagt frasalg med tabt Qatar-kontrakt

30-06-2016 08:31:34
Efter at det mandag aften kom frem, at olieforretningen hos A.P. Møller-Mærsk, Maersk Oil, er blevet fravalgt som partner på oliefeltet Al Shaheen i Qatar, er o..

Vestas får tyrkisk ordre på 26 MW - NY

29-06-2016 12:59:41
Vestas har sikret sig en ordre på otte af vindmøllekoncernens V126-3,3 MW-møller - eller i alt 26 megawatt.Kunden er tyrkiske Elfa Elektrik Uretim, og projektet..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Dansk kornkæmpe solgt for milliardbeløb - citat
2
Aktier/tendens: Udsigt til små fald på aktiemarkedet
3
Vestas vinder ordre på 76 MW i Sverige - Google er modtager -NY
4
Aktier: FTSE 100 henter det tabte fra brexit-afstemning
5
FLSmidth løftes af heftige råvarestigninger

Relaterede aktiekurser

Credit Agricole 7,55 0,0% Stigning i aktiekurs
Societe Generale 28,05 0,5% Stigning i aktiekurs
Fibria Celulose S.A. 6,87 0,0% Aktiekurs uændret
Latam Airlines Group S.A.. 6,58 0,0% Aktiekurs uændret
Sinopec Shangai Petroche.. 45,31 0,0% Aktiekurs uændret
PetroChina Company Limit.. 67,38 0,0% Aktiekurs uændret
Cnooc Limited 123,09 0,0% Aktiekurs uændret
Banco Bilbao Vizcaya Arg.. 5,57 0,0% Aktiekurs uændret
Banco Bilbao Vizcaya Arg.. 5,03 1,0% Stigning i aktiekurs
Banco Santander S.A. ORD.. 283,14 -1,1% Fald i aktiekurs
Banco Santander 3,42 -2,0% Fald i aktiekurs
Banco Bilbao Vizc 5,01 0,0% Aktiekurs uændret
Banco Santander 3,54 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2016  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
30. juni 2016 14:09:55
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20160627.1 - EUROWEB5 - 2016-06-30 14:09:55 - 2016-06-30 14:09:55 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x