22 jun: Glitter og glamour i overhalingsbanen - Monaco grandprix 2012 set..
26 jun: Den hurtigste Bentley til dato - Continental GT Speed
25-06-2012 23:11:00

ADR Report: Shares End Lower as Investors Look Warily to European Union Summit

Relateret indhold

By Mia Lamar

International companies trading in New York closed lower Monday as investors looked to a European Union summit later this week with little enthusiasm.

The Bank of New York index of ADRs fell 2.1% to 114.06 as financial stocks sold off. Spain's banks were among the hardest hit after the country formally requested aid to bail out its struggling banking sector but offered few new details about the plan.

Spain's Banco Bilbao Vizcaya Argentaria (BBVA, BBVA.MC) dropped 7.5% to $6.28, while Banco Santander (SAN, SAN.MC) shed 5.5% to $5.98.

The European index slumped 2.1% to 105.87 as investors readied for little progress on the euro zone's massive debt crisis ahead of a major summit slated for later this week.

Beyond financial stocks, shares of U.K. pharmaceutical maker Shire Plc (SHPGY, SHP.LN) also landed among the region's major decliners after the U.S. Food and Drug Administration approved a generic version of Shire's hyperactivity drug Adderall. U.S.-listed shares of Shire tumbled 9.5% to end at $82.65 Monday.

The Asian index fell 1.9% to 113.08. Energy stocks ended broadly lower after oil prices resumed a downward slide Monday to close near $79 a barrel.

Among individual stocks, oil companies CNOOC Ltd. (CEO, 0883.HK) fell 2.8% to $180.62, Sinopec Shanghai Petrochemical Co. (SHI, K3DD.SG, 600688.SH, 0338.HK) declined 4.4% to $28.65 and China Petroleum & Chemical Corp. (SNP, 0386.HK, 600028.SH) dropped 2.6% to $86.22.

The Latin American index fell 2.6% to 300.12 and the emerging markets index shed 2.2% to 257.41.

Shares of Brazil's government-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR) plunged as investors expressed disappointment with its latest round of fuel price increases. Investors were looking for a larger price hike or a commitment from the company to higher fuel prices in the future. U.S.-listed shares closed 9% lower at $17.84.

Shares of Mexican cement and building materials company Cemex SAB (CX, CEMEX.MX) surged after the company said it is in talks with creditors to refinance its heavy 2014 debt payment schedule. Shares closed up 7.2% to $6.12 in New York trade.

Write to Mia Lamar at mia.lamar@dowjones.com

(END) Dow Jones Newswires

June 25, 2012 17:11 ET (21:11 GMT)

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

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Mærsk: Spotrater på Asien-Europa fortsætter faldet

20-10-2017 16:04:59
Spotpriserne for containerfragt på de vigtige ruter mellem Asien og Europa faldt i denne uge med 0,7 pct. til 681 dollar per tyvefodscontainer (teu).Det skriver branchemediet Journal of Commerce, der henviser til data fra Shanghai Shipping Exchange.Spotprisen på verdens travleste handelsrute fortsætter derfor de negative tendenser, der også gjorde sig gældende i sidste uge, hvor spotpriserne faldt..

Novo: Fiasp godkendt i USA

29-09-2017 16:20:48
De amerikanske sundhedsmyndigheder, FDA, har godkendt Fiasp (hurtigtvirkende insulin aspart), en ny hurtigtvirkende måltidsinsulin, til behandling af voksne med diabetes.Det oplyser Novo Nordisk.FDA's beslutning kommer, efter at kliniske studier har dokumenteret, at Fiasp giver fordele for mennesker, der har behov for en forbedret generel blodsukkerregulering.- Vi er meget glade for, at Fiasp nu o..

Atlantic Petroleum: Direktør fratræder 1. december

29-09-2017 14:02:37
Topchefen for Atlantic Petroleum, der er noteret i Norge og København, direktør Ben Arabo, har opsagt sit job for at tiltræde et andet job på Færøerne.Det oplyser selskabet.Han vil dog blive hos Atlantic Petroleum til 1. december./ritzau/FINANSClaus Mikkelsen +45 33 30 03 35 Ritzau Finans, E-mail: finans@ritzau.dk , www.ritzaufinans.dk

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge

Relaterede aktiekurser

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2017  Disclaimer Privatlivspolitik
Aktieinformation leveres af Morningstar.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
22. oktober 2017 08:25:58
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20171020.1 - EUROWEB2 - 2017-10-22 08:25:58 - 2017-10-22 08:25:58 - 1 - Website: OKAY