Mexico stocks higher at close of trade; IPC up 0.14%

2017-01-20 22:29 GMT

Investing.com – Mexico stocks were higher after the close on Friday, as gains in the Materials, Consumer Goods&Services and Industrials sectors led shares higher.

At the close in Mexico, the IPC gained 0.14%.

The best performers of the session on the IPC were Cemex SAB de CV (MX:CMXCPO), which rose 4.47% or 0.810 points to trade at 18.920 at the close. Meanwhile, Grupo Aeroportuario Del CentroNorte (MX:OMAB) added 4.43% or 3.660 points to end at 86.310 and Arca Continental , S.A.B. De C.V. (MX:AC) was up 3.92% or 4.250 points to 112.580 in late trade.

The worst performers of the session were El Puerto De Liverpool Sab De CV (MX:LIVEPOLC1), which fell 2.91% or 3.930 points to trade at 130.910 at the close. Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA) declined 2.66% or 1.240 points to end at 45.310 and Genomma Lab Internacional SAB De CV (MX:LABB) was down 2.49% or 0.490 points to 19.160.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 152 to 95 and 8 ended unchanged.

Shares in Cemex SAB de CV (MX:CMXCPO) rose to 5-year highs; rising 4.47% or 0.810 to 18.920. Shares in El Puerto De Liverpool Sab De CV (MX:LIVEPOLC1) fell to 52-week lows; down 2.91% or 3.930 to 130.910.

Gold for February delivery was up 0.67% or 8.00 to $1209.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.05% or 1.07 to hit $53.19 a barrel, while the March Brent oil contract rose 2.38% or 1.29 to trade at $55.45 a barrel.

USD/MXN was down 1.66% to 21.5903, while EUR/MXN fell 1.31% to 23.1083.

The US Dollar Index was down 0.33% at 100.77.

Gold prices gain as Trump takes the helm, trade flows eyed

2017-01-20 22:17 GMT

Investing.com - Gold prices gained on Friday in the U.S. as Donald Trump delivered an inaugural address as president that vowed to pursue an America First policy in economic management, raising same concerns that global trade patterns are in for more shock as Brexit looms and the North American Free Trade Agreement comes under the scanner.

"From this moment on, it's going to be America First," Trump said. "Every decision on trade, on taxes, on immigration, on foreign affairs, will be made to benefit American workers and American families. We must protect our borders from the ravages of other countries making our products, stealing our companies, and destroying our jobs. Protection will lead to great prosperity and strength."

On the Comex division of the New York Mercantile Exchange, gold futures for March delivery rose 0.67% to $1,209.50 a troy ounce, while copper futures gained 0.21% to $2.616 a pound with the industrial metal seen as a bellwether for global economic prospects.

The dollar weakened against a basket of currencies on Friday as Donald Trump became the 45th president of the United States and used his inaugural speech to hit populist themes on halting off-shoring of work that have raised concerns of a trade war with leading manufacturing exporters such as China.

The U.S. dollar index fell 0.33% to 100.07. In earlier trade, gold's safe-have status was sought as caution surrounded Trump’s future policies. The February contract ended Thursday’s session 0.87% lower at $1,201.50 an ounce.

However, gold faces resistance to higher prices on expected interest rate hikes this year with Fed Chair Janet Yellen noting on Thursday the central bank should continue to raise interest rates, but slowly.

Speaking at a conference in San Francisco, Yellen said that "allowing the economy to run markedly and persistently ‘hot’ would be risky and unwise," before adding: "I consider it prudent to adjust the stance of monetary policy gradually over time."

The greenback also initially strengthened on Thursday following the release of strong U.S. jobless claims and housing starts data, as well as an upbeat Philly Fed manufacturing activity report on Thursday. A stronger dollar makes gold, denominated in greenbacks, more expensive in other currencies, particularly the world's top two buyers, India and China.

On Friday data showed that China’s gross domestic product rose 6.8% in the fourth quarter of 2016, in line with expectations. Year-on-year, China’s economy grew at a rate of 6.8%, slightly above expectations for a growth rate of 6.7%.

The data eased concerns over a slowdown in the world’s second biggest economy, although worries surrounding the country’s growing debt persisted.

Dollar weakens as Trump inaugural hits populist trade notes

2017-01-20 22:03 GMT

Investing.com - The dollar weakened against a basket of currencies on Friday as Donald Trump became the 45th president of the United States and used his inaugural speech to hit populist themes on halting off-shoring of work that have raised concerns of a trade war with leading manufacturing exporters such as China.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, dropped 0.31% to 100.79. USD/JPY changed hands at 114.59, down 0.24% after the speech and market close, while GBP/USD rose 0.23% to 1.2374 as the United Kingdom prepares to exit the European Union trade bloc and strike stronger trade ties to the U.S.

USD/CAD was nearly flat at 1.3317 as investors awaited further word on the fate of the North American Free Trade Agreement that also includes Mexico in a massive trade bloc. The peso, USD/MXN tumbled 1.66% to 21.58 on expectations that Trump's promise to build a wall on the southern border and impose some kind of import tax would hit current trade patterns hard.

"From this moment on, it's going to be America First," Trump said. "Every decision on trade, on taxes, on immigration, on foreign affairs, will be made to benefit American workers and American families. We must protect our borders from the ravages of other countries making our products, stealing our companies, and destroying our jobs. Protection will lead to great prosperity and strength."

Earlier, the dollar pulled back from session highs against the other majors currencies sparked by comments Thursday from Fed Chair Janet Yellen that the central bank should continue to raise interest rates, but slowly.

Speaking at a conference in San Francisco, Yellen said that "allowing the economy to run markedly and persistently ‘hot’ would be risky and unwise," before adding: "I consider it prudent to adjust the stance of monetary policy gradually over time."

Earlier, the pound had weakened after the U.K. Office for National Statistics said on Friday that retail sales declined 1.9% in December, confounding expectations for a 0.1% slip. Retail sales fell 0.1% in November, whose figure was revised from a previously estimated 0.2% rise.

Year-on-year, retail sales increased by 4.3% last month, compared to expectations for a 7.2% climb. Core retail sales, which exclude automobiles, dropped 2.0% in December, disappointing expectations for a 0.3% fall.

As well on Friday, data showed that China’s gross domestic product rose 6.8% in the fourth quarter of 2016, in line with expectations. Year-on-year, China’s economy grew at a rate of 6.8%, slightly above expectations for a growth rate of 6.7%.

The data eased concerns over a slowdown in the world’s second biggest economy, although worries surrounding the country’s growing debt persisted. AUD/USD traded at 0.7560, down 0.01% late on Friday after posting gains earlier in the day with Australia China’s biggest export partner.

CFTC: Speculators Crude Oil Net Longs at All-Time High

2017-01-20 21:40 GMT

Investing.com - The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending January 17 on Friday.


Speculative positioning in the CME and ICE currency, commodity, energy and index futures:

LongShort
NetPriorChangeGrossChangeGrossChange
EUR-66.5k-65.8k-0.7k128.8k-5.9k195.3k-5.2k
GBP-66.2k-65.8k-0.4k55.2k-1.5k121.5k-1.1k
JPY-77.8k-79.8k2.0k28.6k2.5k106.4k0.5k
CHF-13.7k-14.2k0.6k7.2k-2.8k20.8k-3.4k
CAD-5.5k-7.9k2.5k32.1k3.7k37.5k1.2k
AUD4.8k-3.8k8.7k42.4k1.6k37.6k-7.1k
NZD-12.3k-14.0k1.7k25.5k2.5k37.8k0.9k
MXN-73.3k-71.8k-1.5k22.6k-1.3k95.9k0.2k
S&P 50035.3k21.4k13.9k451.0k-0.4k415.7k-14.4k
Gold107.0k109.5k-2.4k218.1k4.1k111.1k6.6k
Silver69.5k64.6k4.9k90.8k2.4k21.4k-2.5k
Copper46.5k47.7k-1.2k118.9k2.1k72.4k3.3k
RUB16.8k15.6k1.2k18.3k0.5k1.5k-0.6k
Crude Oil464.7k433.6k31.1k631.5k27.3k166.9k-3.8k


Peru stocks lower at close of trade; S&P Lima General down 0.19%

2017-01-20 21:35 GMT

Investing.com – Peru stocks were lower after the close on Friday, as losses in the Non-Metal Minerals, S&P Lima Juniors and Industrials sectors led shares lower.

At the close in Lima, the S&P Lima General declined 0.19%.

The best performers of the session on the S&P Lima General were Atacocha (LM:ATB), which rose 2.56% or 0.010 points to trade at 0.400 at the close. Meanwhile, Buenaventura (LM:BVN) added 2.25% or 0.290 points to end at 13.190 and Volcan Minera (LM:VOL_pb) was up 1.27% or 0.010 points to 0.800 in late trade.

The worst performers of the session were Empresa Agroindustrial Pomalca (LM:POM), which fell 5.56% or 0.010 points to trade at 0.170 at the close. Grana Y Monter (LM:GRA) declined 4.76% or 0.150 points to end at 3.000 and Sider (LM:SID) was down 3.68% or 0.013 points to 0.340.

Falling stocks outnumbered advancing ones on the Lima Stock Exchange by 15 to 11 and 12 ended unchanged.

Crude oil for March delivery was up 2.01% or 1.05 to $53.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.34% or 1.27 to hit $55.43 a barrel, while the February Gold contract rose 0.50% or 5.95 to trade at $1207.45 a troy ounce.

USD/PEN was down 0.57% to 3.2965, while EUR/PEN fell 0.82% to 3.5212.

The US Dollar Index was down 0.29% at 100.81.

U.S. stocks close higher with Trump administration underway

2017-01-20 21:30 GMT

Investing.com - U.S. stocks gained on Friday as President Donald Trump took office setting a populist tone on governance, but little in the way of policy direction outside of a repeated commitment to protect jobs at home.

The Dow Jones climbed 94.85 points, or 0.48%, the S&P 500 gained 7.6 points, or 0.34%, while the tech-heavy Nasdaq Composite added 15.25 points, or 0.28%.

Trump's speech focused on themes that echoed the late president Ronald Reagan.

"For too long, a small group in our nation's Capital has reaped the rewards of government while the people have borne the cost," Trump said. "Washington flourished -- but the people did not share in its wealth. Politicians prospered -- but the jobs left, and the factories closed."

"That all changes -- starting right here, and right now, because this moment is your moment: it belongs to you."

Trump takes office ten weeks after shocking the world by winning the U.S. election, sparking an equities rally on hopes for tax cuts and infrastructure spending.

However, so far, Trump failed to offer details on his promises.

Earlier in the trading day, Procter & Gamble (NYSE:PG) posted gains of more than 3% after the firm beat on both the top and bottom line and raised its fiscal year forecast for organic sales growth.

But even though IBM (NYSE:NYSE:IBM) reported its 19th straight quarter of declining revenue, investors appeared to take heart in the positive outlook for its newer segments that allowed it to forecast full-year earnings that beat the Street. Shares were last up 1.8%.

This weekend market participants will also be looking for any clues at a Vieena meeting on Jan. 22 on the landmark agreement among major oil producers to cut production by nearly 1.8 million barrels per day.

Crude oil for February delivery on the New York Mercantile Exchange jumped 2.04% to settle at $52.42 a barrel. On the ICE Futures Exchange in London, Brent oil for March delivery rose 2.46% to settle at $55.49 a barrel.

Canada stocks higher at close of trade; S&P/TSX Composite up 0.90%

2017-01-20 21:25 GMT

Investing.com – Canada stocks were higher after the close on Friday, as gains in the Materials, Financials and Energy sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.90%.

The best performers of the session on the S&P/TSX Composite were Potash Corporation of Saskatchewan (TO:POT), which rose 4.82% or 1.16 points to trade at 25.23 at the close. Meanwhile, Russel Metals Inc . (TO:RUS) added 4.50% or 1.18 points to end at 27.39 and OceanaGold Corporation (TO:OGC) was up 4.25% or 0.170 points to 4.170 in late trade.

The worst performers of the session were DH Corp (TO:DH), which fell 4.90% or 1.12 points to trade at 21.75 at the close. Lucara Diamond Corp (TO:LUC) declined 2.98% or 0.090 points to end at 2.930 and Bombardier Inc (TO:BBDb) was down 2.61% or 0.070 points to 2.610.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 740 to 409 and 128 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 12.36% to 11.56.

Gold for February delivery was up 0.50% or 6.05 to $1207.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.05% or 1.07 to hit $53.19 a barrel, while the March Brent oil contract rose 2.36% or 1.28 to trade at $55.44 a barrel.

CAD/USD was up 0.03% to 0.7506, while CAD/EUR fell 0.31% to 0.7018.

The US Dollar Index was down 0.29% at 100.81.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.48%

2017-01-20 21:25 GMT

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the Basic Materials, Consumer Goods and Telecoms sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.48%, while the S&P 500 index added 0.34%, and the NASDAQ Composite index gained 0.28%.

The best performers of the session on the Dow Jones Industrial Average were Merck&Company Inc (NYSE:MRK), which rose 3.65% or 2.20 points to trade at 62.53 at the close. Meanwhile, Procter&Gamble Company (NYSE:PG) added 3.25% or 2.75 points to end at 87.45 and International Business Machines (NYSE:IBM) was up 2.24% or 3.74 points to 170.55 in late trade.

The worst performers of the session were General Electric Company (NYSE:GE), which fell 2.18% or 0.68 points to trade at 30.53 at the close. Wal-Mart Stores Inc (NYSE:WMT) declined 0.65% or 0.44 points to end at 67.18 and American Express Company (NYSE:AXP) was down 0.64% or 0.49 points to 76.20.

The top performers on the S&P 500 were Skyworks Solutions Inc (NASDAQ:SWKS) which rose 13.01% to 88.67, CF Industries Holdings Inc (NYSE:CF) which was up 6.05% to settle at 34.20 and Qorvo Inc (NASDAQ:QRVO) which gained 4.65% to close at 61.02.

The worst performers were Bristol-Myers Squibb Company (NYSE:BMY) which was down 11.28% to 49.23 in late trade, Transdigm Group Incorporated (NYSE:TDG) which lost 9.87% to settle at 226.90 and Endo International PLC (NASDAQ:ENDP) which was down 4.34% to 12.34 at the close.

The top performers on the NASDAQ Composite were Globus Maritime Ltd (NASDAQ:GLBS) which rose 31.79% to 9.7000, Transgenomi (NASDAQ:TBIO) which was up 30.30% to settle at 0.8600 and Cartesian I (NASDAQ:CRTN) which gained 33.64% to close at 1.430.

The worst performers were Naked Brand Group Inc (NASDAQ:NAKD) which was down 20.80% to 1.679 in late trade, Pluristem Therapeutics Inc (NASDAQ:PSTI) which lost 17.86% to settle at 1.1500 and Affimed NV (NASDAQ:AFMD) which was down 16.28% to 1.800 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2067 to 1128 and 45 ended unchanged; on the Nasdaq Stock Exchange, 1507 rose and 991 declined, while 127 ended unchanged.

Shares in Skyworks Solutions Inc (NASDAQ:SWKS) rose to 52-week highs; rising 13.01% or 10.21 to 88.67. Shares in Bristol-Myers Squibb Company (NYSE:BMY) fell to 52-week lows; losing 11.28% or 6.26 to 49.23. Shares in Endo International PLC (NASDAQ:ENDP) fell to 5-year lows; down 4.34% or 0.56 to 12.34. Shares in International Business Machines (NYSE:IBM) rose to 52-week highs; gaining 2.24% or 3.74 to 170.55. Shares in Affimed NV (NASDAQ:AFMD) fell to all time lows; losing 16.28% or 0.350 to 1.800.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 9.47% to 11.57.

Gold for February delivery was up 0.50% or 6.05 to $1207.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.05% or 1.07 to hit $53.19 a barrel, while the March Brent oil contract rose 2.36% or 1.28 to trade at $55.44 a barrel.

EUR/USD was up 0.29% to 1.0696, while USD/JPY fell 0.26% to 114.56.

The US Dollar Index was down 0.29% at 100.81.

Crude prices jump as OPEC curbs eyed, settle over 2% higher

2017-01-20 20:39 GMT

Investing.com - Crude prices jumped on Friday with investors noting an OPEC meeting next week could confirm solid compliance in a coordinated effort with non-OPEC nations to trim almost 1.8 million barrels per day (bpd) from global production.

Crude oil for February delivery on the New York Mercantile Exchange jumped 2.04% to settle at $52.42 a barrel. On the ICE Futures Exchange in London, Brent oil for March delivery rose 2.46% to settle at $55.49 a barrel.

However, price gains were tempered as U.S. oil drillers added 29 rigs by the end of last week taking the total to 551, compared to 510 a year ago, as drilling activity in shale formations continues to grow again with higher oil prices.

Since crude prices first topped $50 a barrel in May drillers have added a total of 235 oil rigs, with almost two-thirds in the Permian basin, the nation's biggest shale oil formation located in west Texas and eastern New Mexico. Other supply responses are coming from OPEC members Libya, Iran and Nigeria which are exempt from the cvuts.

Libya's National Oil Corporation (NOC) said its output now stands at 722,000 bpd, resuming its rise from levels below 400,000 barrels a day late in December after warring factions allowed oil fields to resume output and ports to load supplies.

Brazil stocks higher at close of trade; Bovespa up 0.89%

2017-01-20 20:30 GMT

Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Real Estate, Public Utilities and Consumption sectors led shares higher.

At the close in Sao Paulo, the Bovespa gained 0.89% to hit a new 1-month high.

The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 5.24% or 0.24 points to trade at 4.82 at the close. Meanwhile, ALL America Latina Logistica SA (SA:RUMO3) added 5.22% or 0.36 points to end at 7.26 and Bradespar SA (SA:BRAP4) was up 5.00% or 0.99 points to 20.80 in late trade.

The worst performers of the session were Fibria Celulose SA (SA:FIBR3), which fell 2.97% or 0.98 points to trade at 31.98 at the close. Klabin Unt (SA:KLBN11) declined 2.80% or 0.47 points to end at 16.33 and Cielo SA (SA:CIEL3) was down 2.66% or 0.67 points to 24.54.

Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 220 to 123 and 25 ended unchanged.

Shares in Usinas Siderurgicas de Minas Gerais (SA:USIM5) rose to 52-week highs; rising 5.24% or 0.24 to 4.82. Shares in Bradespar SA (SA:BRAP4) rose to 3-years highs; gaining 5.00% or 0.99 to 20.80.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 7.63% to 30.51 a new 1-month low.

Gold for February delivery was up 0.65% or 7.85 to $1209.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.96% or 1.02 to hit $53.14 a barrel, while the March US coffee C contract rose 1.60% or 2.41 to trade at $153.23 .

USD/BRL was down 0.85% to 3.1692, while EUR/BRL fell 0.54% to 3.3901.

The US Dollar Index was down 0.27% at 100.83.

Colombia stocks lower at close of trade; COLCAP down 0.40%

2017-01-20 20:20 GMT

Investing.com – Colombia stocks were lower after the close on Friday, as losses in the Services, Industrials and Public Services sectors led shares lower.

At the close in Colombia, the COLCAP fell 0.40%.

The best performers of the session on the COLCAP were Avianca Holdings Pf (CN:AVT_p), which rose 1.33% or 45.0 points to trade at 3430.0 at the close. Meanwhile, Celsia SA (CN:CEL) added 1.31% or 55.0 points to end at 4250.0 and Banco Davivienda Pf (CN:DVI_p) was up 1.05% or 320.0 points to 30840.0 in late trade.

The worst performers of the session were Grupoaval (CN:GAA), which fell 1.67% or 20.0 points to trade at 1180.0 at the close. Banco De Bogota SA (CN:BBO) declined 1.49% or 920.0 points to end at 61000.0 and Bolsa De Valores De Colombia (CN:BVC) was down 1.37% or 0.3 points to 21.6.

Falling stocks outnumbered advancing ones on the Colombia Stock Exchange by 21 to 4 and 3 ended unchanged.

Shares in Celsia SA (CN:CEL) rose to 52-week highs; rising 1.31% or 55.0 to 4250.0.

US coffee C for March delivery was up 1.60% or 2.41 to $153.23 . Elsewhere in commodities trading, US cocoa for delivery in March rose 0.12% or 2.50 to hit $2149.00 , while the February Gold contract rose 0.58% or 7.00 to trade at $1208.50 a troy ounce.

USD/COP was down 0.69% to 2924.10, while BRL/COP rose 0.15% to 922.57.

The US Dollar Index was down 0.29% at 100.81.

Portugal stocks higher at close of trade; PSI 20 up 0.46%

2017-01-20 17:45 GMT

Investing.com – Portugal stocks were higher after the close on Friday, as gains in the Consumer Goods, Industrials and Financials sectors led shares higher.

At the close in Lisbon, the PSI 20 rose 0.46%.

The best performers of the session on the PSI 20 were Banco Comercial Portugues (LS:BCP), which rose 10.37% or 0.0148 points to trade at 0.1575 at the close. Meanwhile, Altri SGPS (LS:ALSS) added 2.24% or 0.0900 points to end at 4.1070 and Pharol SGPS SA (LS:PHRA) was up 0.88% or 0.0020 points to 0.2290 in late trade.

The worst performers of the session were Sonae (LS:YSO), which fell 2.17% or 0.0190 points to trade at 0.8560 at the close. REN (LS:RENE) declined 1.53% or 0.0400 points to end at 2.5800 and Sonae Capital (LS:SONAC) was down 1.40% or 0.0100 points to 0.7050.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 17 to 17 and 6 ended unchanged.

Shares in Altri SGPS (LS:ALSS) rose to 52-week highs; rising 2.24% or 0.0900 to 4.1070.

Brent oil for March delivery was up 2.44% or 1.32 to $55.48 a barrel. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.34% or 1.22 to hit $53.34 a barrel, while the February Gold contract rose 0.32% or 3.85 to trade at $1205.35 a troy ounce.

EUR/USD was up 0.14% to 1.0680, while EUR/GBP rose 0.23% to 0.8659.

The US Dollar Index was down 0.08% at 101.02.

Denmark stocks lower at close of trade; OMX Copenhagen 20 down 0.13%

2017-01-20 17:35 GMT

Investing.com – Denmark stocks were lower after the close on Friday, as losses in the Healthcare, Consumer Services and Chemicals sectors led shares lower.

At the close in Copenhagen, the OMX Copenhagen 20 lost 0.13%.

The best performers of the session on the OMX Copenhagen 20 were TDC A/S (CO:TDC), which rose 3.92% or 1.45 points to trade at 38.45 at the close. Meanwhile, Danske Bank A/S (CO:DANSKE) added 1.39% or 3.1 points to end at 226.3 and Vestas Wind Systems A/S (CO:VWS) was up 1.13% or 5.3 points to 476.3 in late trade.

The worst performers of the session were Lundbeck A/S (CO:LUN), which fell 1.35% or 4.0 points to trade at 293.0 at the close. Novozymes A/S B (CO:NZYMb) declined 1.08% or 2.7 points to end at 246.4 and Genmab (CO:GEN) was down 0.95% or 12.0 points to 1250.0.

Rising stocks outnumbered declining ones on the Copenhagen Stock Exchange by 64 to 57 and 19 ended unchanged.

Shares in Danske Bank A/S (CO:DANSKE) rose to 5-year highs; up 1.39% or 3.1 to 226.3.

Crude oil for March delivery was up 2.48% or 1.29 to $53.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.53% or 1.37 to hit $55.53 a barrel, while the February Gold contract rose 0.35% or 4.25 to trade at $1205.75 a troy ounce.

USD/DKK was down 0.21% to 6.9585, while EUR/DKK fell 0.01% to 7.4361.

The US Dollar Index was down 0.15% at 100.95.

Spain stocks higher at close of trade; IBEX 35 up 0.01%

2017-01-20 17:35 GMT

Investing.com – Spain stocks were higher after the close on Friday, as gains in the Financial Services&Real Estate, Chemical, Petroleum&Plastic and Telecoms&IT sectors led shares higher.

At the close in Madrid, the IBEX 35 rose 0.01%.

The best performers of the session on the IBEX 35 were Cellnex Telecom SA (MC:CLNX), which rose 1.40% or 0.19 points to trade at 13.76 at the close. Meanwhile, Iberdrola (MC:IBE) added 1.01% or 0.060 points to end at 6.007 and Banco Santander (MC:SAN) was up 0.90% or 0.046 points to 5.133 in late trade.

The worst performers of the session were Grifols SA (MC:GRLS), which fell 1.94% or 0.385 points to trade at 19.415 at the close. Acciona (MC:ANA) declined 1.71% or 1.270 points to end at 73.030 and Enagas (MC:ENAG) was down 1.15% or 0.270 points to 23.320.

Rising stocks outnumbered declining ones on the Madrid Stock Exchange by 79 to 75 and 28 ended unchanged.

Gold for February delivery was up 0.35% or 4.15 to $1205.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.49% or 1.30 to hit $53.42 a barrel, while the March Brent oil contract rose 2.55% or 1.38 to trade at $55.54 a barrel.

EUR/USD was up 0.20% to 1.0686, while EUR/GBP rose 0.22% to 0.8658.

The US Dollar Index was down 0.14% at 100.96.

France stocks higher at close of trade; CAC 40 up 0.20%

2017-01-20 17:35 GMT

Investing.com – France stocks were higher after the close on Friday, as gains in the Oil&Gas, Utilities and Industrials sectors led shares higher.

At the close in Paris, the CAC 40 gained 0.20%, while the SBF 120 index gained 0.14%.

The best performers of the session on the CAC 40 were Bouygues SA (PA:BOUY), which rose 2.69% or 0.92 points to trade at 34.98 at the close. Meanwhile, Carrefour SA (PA:CARR) added 2.14% or 0.49 points to end at 23.61 and Compagnie de Saint Gobain SA (PA:SGOB) was up 2.13% or 0.97 points to 46.51 in late trade.

The worst performers of the session were Cap Gemini SA (PA:CAPP), which fell 1.37% or 1.07 points to trade at 76.87 at the close. Compagnie Generale des Etablissements Michelin SCA (PA:MICP) declined 1.07% or 1.10 points to end at 102.05 and Pernod Ricard SA (PA:PERP) was down 0.78% or 0.85 points to 107.60.

The top performers on the SBF 120 were CGG SA (PA:GEPH) which rose 7.83% to 10.6100, Numericable SFR SA (PA:SFRGR) which was up 3.51% to settle at 27.440 and Vallourec (PA:VLLP) which gained 3.41% to close at 6.797.

The worst performers were Altran Technologies (PA:ALTT) which was down 2.15% to 13.645 in late trade, SEB SA (PA:SEBF) which lost 1.94% to settle at 116.05 and Nexans (PA:NEXS) which was down 1.84% to 53.39 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 295 to 288 and 109 ended unchanged.

Shares in Compagnie de Saint Gobain SA (PA:SGOB) rose to 5-year highs; rising 2.13% or 0.97 to 46.51.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 1.87% to 14.44.

Gold for February delivery was up 0.29% or 3.50 to $1205.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.49% or 1.30 to hit $53.42 a barrel, while the March Brent oil contract rose 2.53% or 1.37 to trade at $55.53 a barrel.

EUR/USD was up 0.16% to 1.0682, while EUR/GBP rose 0.22% to 0.8658.

The US Dollar Index was down 0.10% at 101.00.

Netherlands stocks higher at close of trade; AEX up 0.28%

2017-01-20 17:35 GMT

Investing.com – Netherlands stocks were higher after the close on Friday, as gains in the Telecoms, Industrials and Basic Materials sectors led shares higher.

At the close in Amsterdam, the AEX added 0.28%.

The best performers of the session on the AEX were SBM Offshore (AS:SBMO), which rose 4.70% or 0.68 points to trade at 15.16 at the close. Meanwhile, Altice NV (AS:ATCA) added 3.04% or 0.57 points to end at 19.50 and Wolters Kluwer (AS:WLSNc) was up 2.15% or 0.74 points to 35.34 in late trade.

The worst performers of the session were Koninklijke Ahold Delhaize NV (AS:AD), which fell 2.25% or 0.47 points to trade at 20.21 at the close. Philips Kon (AS:PHG) declined 1.33% or 0.38 points to end at 27.92 and ASML Holding (AS:ASML) was down 0.31% or 0.35 points to 114.05.

Rising stocks outnumbered declining ones on the Amsterdam Stock Exchange by 77 to 49 and 11 ended unchanged.

Shares in Altice NV (AS:ATCA) rose to 52-week highs; rising 3.04% or 0.57 to 19.50.

The AEX Volatility, which measures the implied volatility of AEX options, was down 1.01% to 13.55.

Crude oil for March delivery was up 2.53% or 1.32 to $53.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.57% or 1.39 to hit $55.55 a barrel, while the February Gold contract rose 0.27% or 3.25 to trade at $1204.75 a troy ounce.

EUR/USD was up 0.16% to 1.0682, while EUR/GBP rose 0.21% to 0.8657.

The US Dollar Index was down 0.09% at 101.01.

Finland stocks higher at close of trade; OMX Helsinki 25 up 0.51%

2017-01-20 17:30 GMT

Investing.com – Finland stocks were higher after the close on Friday, as gains in the Industrials, Telecoms and Technology sectors led shares higher.

At the close in Helsinki, the OMX Helsinki 25 gained 0.51%.

The best performers of the session on the OMX Helsinki 25 were Cargotec Oyj (HE:CGCBV), which rose 1.90% or 0.82 points to trade at 43.91 at the close. Meanwhile, Nordea Bank AB (publ) FDR (HE:NDA1V) added 1.87% or 0.200 points to end at 10.880 and Huhtamaki Oyj (HE:HUH1V) was up 1.68% or 0.57 points to 34.47 in late trade.

The worst performers of the session were Outokumpu Oyj (HE:OUT1V), which fell 3.53% or 0.2950 points to trade at 8.0650 at the close. Neste Oil Oyj (HE:NESTE) declined 0.94% or 0.32 points to end at 33.90 and Orion Oyj B (HE:ORNBV) was down 0.49% or 0.21 points to 42.89.

Rising stocks outnumbered declining ones on the Helsinki Stock Exchange by 82 to 52 and 17 ended unchanged.

Shares in Cargotec Oyj (HE:CGCBV) rose to 5-year highs; up 1.90% or 0.82 to 43.91. Shares in Nordea Bank AB (publ) FDR (HE:NDA1V) rose to 52-week highs; rising 1.87% or 0.200 to 10.880.

Brent oil for March delivery was up 2.44% or 1.32 to $55.48 a barrel. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.36% or 1.23 to hit $53.35 a barrel, while the February Gold contract rose 0.32% or 3.85 to trade at $1205.35 a troy ounce.

EUR/USD was up 0.23% to 1.0689, while EUR/GBP rose 0.24% to 0.8660.

The US Dollar Index was down 0.16% at 100.94.

Belgium stocks lower at close of trade; BEL 20 down 0.15%

2017-01-20 17:20 GMT

Investing.com – Belgium stocks were lower after the close on Friday, as losses in the Consumer Services, Healthcare and Basic Materials sectors led shares lower.

At the close in Brussels, the BEL 20 lost 0.15%.

The best performers of the session on the BEL 20 were KBC (BR:KBC), which rose 0.81% or 0.480 points to trade at 59.710 at the close. Meanwhile, ING Groep NV (AS:INGA) added 0.68% or 0.090 points to end at 13.365 and Proximus NV (BR:PROX) was up 0.57% or 0.15 points to 27.57 in late trade.

The worst performers of the session were Koninklijke Ahold Delhaize NV (AS:AD), which fell 2.25% or 0.47 points to trade at 20.21 at the close. Etablissementen Fr Colruyt NV (BR:COLR) declined 0.71% or 0.33 points to end at 45.67 and Solvay SA (BR:SOLB) was down 0.69% or 0.75 points to 108.40.

Falling stocks outnumbered advancing ones on the Brussels Stock Exchange by 69 to 50 and 5 ended unchanged.

Gold for February delivery was up 0.08% or 1.00 to $1202.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.42% or 1.26 to hit $53.38 a barrel, while the March Brent oil contract rose 2.51% or 1.36 to trade at $55.52 a barrel.

EUR/USD was up 0.03% to 1.0668, while EUR/GBP rose 0.20% to 0.8656.

The US Dollar Index was up 0.04% at 101.14.

U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.15%

2017-01-20 17:15 GMT

Investing.com – U.K. stocks were lower after the close on Friday, as losses in the Industrial Metals&Mining, Pharmaceuticals&Biotech and Food&Drug Retailers sectors led shares lower.

At the close in London, the Investing.com United Kingdom 100 declined 0.15%.

The best performers of the session on the Investing.com United Kingdom 100 were BT Group PLC (LON:BT), which rose 2.41% or 9.100 points to trade at 387.150 at the close. Meanwhile, Capita PLC (LON:CPI) added 2.39% or 12.00 points to end at 513.50 and CRH PLC (LON:CRH) was up 1.58% or 44.00 points to 2836.00 in late trade.

The worst performers of the session were AstraZeneca PLC (LON:AZN), which fell 3.36% or 150.00 points to trade at 4318.50 at the close. Berkeley Group Hldgs (LON:BKGH) declined 2.72% or 78.00 points to end at 2787.00 and Associated British Foods PLC (LON:ABF) was down 2.44% or 63.00 points to 2522.00.

Falling stocks outnumbered advancing ones on the London Stock Exchange by 971 to 926 and 449 ended unchanged.

Gold for February delivery was up 0.37% or 4.50 to $1206.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.23% or 1.16 to hit $53.28 a barrel, while the March Brent oil contract rose 2.29% or 1.24 to trade at $55.40 a barrel.

GBP/USD was down 0.01% to 1.2344, while EUR/GBP rose 0.20% to 0.8656.

The US Dollar Index was down 0.13% at 100.97.

Nigeria stocks higher at close of trade; NSE 30 up 0.12%

2017-01-20 17:15 GMT

Investing.com – Nigeria stocks were higher after the close on Friday, as gains in the Insurance, Food, Beverages&Tobacco and Banking sectors led shares higher.

At the close in Lagos, the NSE 30 added 0.12%.

The best performers of the session on the NSE 30 were Guiness Nig (LAGOS:GUINNES), which rose 4.61% or 2.95 points to trade at 67.00 at the close. Meanwhile, Stanbicibtc Hl (LAGOS:IBTC) added 1.77% or 0.28 points to end at 16.50 and Dangsugar (LAGOS:DANGSUG) was up 1.57% or 0.10 points to 6.45 in late trade.

The worst performers of the session were Wemabank (LAGOS:WEMABAN), which fell 5.56% or 0.030 points to trade at 0.510 at the close. Total Nig (LAGOS:TOTAL) declined 4.74% or 13.97 points to end at 286.17 and Diamond Bank (LAGOS:DIAMONB) was down 4.59% or 0.050 points to 1.040.

Rising stocks outnumbered declining ones on the Lagos by 27 to 14 and 58 ended unchanged.

Crude oil for March delivery was up 2.23% or 1.16 to $53.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.29% or 1.24 to hit $55.40 a barrel, while the February Gold contract rose 0.39% or 4.65 to trade at $1206.15 a troy ounce.

EUR/NGN was down 0.37% to 335.390, while USD/NGN unchanged 0.00% to 317.000.

The US Dollar Index was down 0.11% at 100.99.

Germany stocks mixed at close of trade; DAX up 0.29%

2017-01-20 17:15 GMT

Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Telecoms, Construction and Basic Resources sectors led shares higher while losses in the Food&Beverages, Retail and Insurance sectors led shares lower.

At the close in Frankfurt, the DAX added 0.29%, while the MDAX index added 0.05%, and the TecDAX index fell 0.04%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 2.77% or 0.217 points to trade at 8.061 at the close. Meanwhile, Lufthansa AG VNA O.N. (DE:LHAG) added 2.71% or 0.320 points to end at 12.110 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 2.01% or 0.355 points to 18.060 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 1.40% or 2.650 points to trade at 186.200 at the close. Muench. Rueckvers. VNA O.N. (DE:MUVGn) declined 0.96% or 1.700 points to end at 176.000 and Linde AG O.N. (DE:LING) was down 0.43% or 0.650 points to 151.600.

The top performers on the MDAX were Covestro AG (DE:1COV) which rose 3.03% to 68.650, Duerr AG (DE:DUEG) which was up 2.74% to settle at 78.010 and Leoni AG (DE:LEOGn) which gained 2.26% to close at 38.280.

The worst performers were Zalando SE (DE:ZALG) which was down 2.47% to 35.89 in late trade, Alstria Office Reit-Ag (DE:AOXG) which lost 1.86% to settle at 11.365 and Steinhoff International Holdings NV (DE:SNHG) which was down 1.69% to 4.88 at the close.

The top performers on the TecDAX were Jenoptik AG (DE:JENG) which rose 2.95% to 17.275, CompuGroup Medical AG O.N. (DE:COPMa) which was up 2.21% to settle at 37.980 and Siltronic AG (DE:WAFGn) which gained 2.08% to close at 49.265.

The worst performers were Alix Resources Corp (F:37N2) which was down 2.78% to 0.035 in late trade, Nemetschek AG O.N. (DE:NEKG) which lost 2.64% to settle at 53.560 and Evotec AG O.N. (DE:EVTG) which was down 1.90% to 7.430 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 408 to 347 and 20 ended unchanged.

Shares in Covestro AG (DE:1COV) rose to all time highs; up 3.03% or 2.020 to 68.650. Shares in Leoni AG (DE:LEOGn) rose to 52-week highs; gaining 2.26% or 0.845 to 38.280. Shares in Jenoptik AG (DE:JENG) rose to 5-year highs; gaining 2.95% or 0.495 to 17.275. Shares in Siltronic AG (DE:WAFGn) rose to all time highs; gaining 2.08% or 1.005 to 49.265.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.90% to 14.23 a new 52-week low.

Gold for February delivery was up 0.39% or 4.70 to $1206.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.21% or 1.15 to hit $53.27 a barrel, while the March Brent oil contract rose 2.25% or 1.22 to trade at $55.38 a barrel.

EUR/USD was up 0.18% to 1.0684, while EUR/GBP rose 0.20% to 0.8656.

The US Dollar Index was down 0.12% at 100.98.

Poland stocks lower at close of trade; WIG30 down 0.31%

2017-01-20 17:10 GMT

Investing.com – Poland stocks were lower after the close on Friday, as losses in the Oil&Gas, Chemicals and Telecoms sectors led shares lower.

At the close in Warsaw, the WIG30 declined 0.31%.

The best performers of the session on the WIG30 were CD Projekt SA (WA:CDR), which rose 3.93% or 2.21 points to trade at 58.44 at the close. Meanwhile, Asseco Poland SA (WA:ACPP) added 1.74% or 0.96 points to end at 56.15 and Alior Bank SA (WA:ALRR) was up 1.68% or 0.99 points to 60.09 in late trade.

The worst performers of the session were Polski Koncern Naftowy ORLEN SA (WA:PKN), which fell 4.12% or 3.55 points to trade at 82.53 at the close. Jastrzebska Spotka Weglowa SA (WA:JSW) declined 3.70% or 2.55 points to end at 66.40 and Grupa Azoty SA (WA:ATTP) was down 2.60% or 1.84 points to 69.00.

Rising stocks outnumbered declining ones on the Warsaw Stock Exchange by 303 to 248 and 166 ended unchanged.

Shares in CD Projekt SA (WA:CDR) rose to all time highs; up 3.93% or 2.21 to 58.44. Shares in Alior Bank SA (WA:ALRR) rose to 52-week highs; gaining 1.68% or 0.99 to 60.09.

Crude oil for March delivery was up 2.26% or 1.18 to $53.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.34% or 1.27 to hit $55.43 a barrel, while the February Gold contract rose 0.26% or 3.15 to trade at $1204.65 a troy ounce.

EUR/PLN was down 0.11% to 4.3689, while USD/PLN fell 0.20% to 4.0923.

The US Dollar Index was down 0.07% at 101.03.

Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.76%

2017-01-20 17:05 GMT

Investing.com – Sweden stocks were higher after the close on Friday, as gains in the Financials, Basic Materials and Oil&Gas sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 added 0.76%.

The best performers of the session on the OMX Stockholm 30 were Svenska Handelsbanken AB A (ST:SHBa), which rose 3.12% or 3.9 points to trade at 129.0 at the close. Meanwhile, Swedbank AB ser A (ST:SWEDa) added 1.87% or 4.0 points to end at 217.5 and Atlas Copco AB ser. A (ST:ATCOa) was up 1.73% or 4.8 points to 282.9 in late trade.

The worst performers of the session were AstraZeneca PLC (ST:AZN), which fell 4.19% or 21.1 points to trade at 481.9 at the close. Fingerprint Cards AB ser. B (ST:FINGb) declined 2.13% or 1.30 points to end at 59.75 and Telia Company AB (ST:TELIA) was down 0.76% or 0.28 points to 36.41.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 338 to 254 and 82 ended unchanged.

Crude oil for March delivery was up 2.21% or 1.15 to $53.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.31% or 1.25 to hit $55.41 a barrel, while the February Gold contract rose 0.42% or 5.00 to trade at $1206.50 a troy ounce.

EUR/SEK was down 0.22% to 9.5226, while USD/SEK fell 0.47% to 8.9078.

The US Dollar Index was down 0.19% at 100.91.

Norway stocks higher at close of trade; Oslo OBX up 0.28%

2017-01-20 17:05 GMT

Investing.com – Norway stocks were higher after the close on Friday, as gains in the Transport, Software&Computer Services and Auto&components sectors led shares higher.

At the close in Oslo, the Oslo OBX added 0.28% to hit a new all time high.

The best performers of the session on the Oslo OBX were Subsea 7 SA (OL:SUBC), which rose 5.41% or 5.8 points to trade at 113.1 at the close. Meanwhile, BW LPG Ltd (OL:BWLPG) added 5.15% or 2.22 points to end at 45.32 and Aker Solutions OL (OL:AKSOL) was up 2.78% or 1.25 points to 46.25 in late trade.

The worst performers of the session were REC Silicon ASA (OL:REC), which fell 5.03% or 0.07 points to trade at 1.40 at the close. Seadrill Limited (OL:SDRL) declined 2.22% or 0.6 points to end at 26.5 and Gjensidige Forsikring ASA (OL:GJFS) was down 1.31% or 1.8 points to 136.0.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 120 to 62 and 27 ended unchanged.

Shares in Aker Solutions OL (OL:AKSOL) rose to 52-week highs; up 2.78% or 1.25 to 46.25.

Crude oil for March delivery was up 2.26% or 1.18 to $53.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.38% or 1.29 to hit $55.45 a barrel, while the February Gold contract rose 0.29% or 3.50 to trade at $1205.00 a troy ounce.

EUR/NOK was up 0.04% to 9.0120, while USD/NOK fell 0.17% to 8.4338.

The US Dollar Index was down 0.11% at 100.99.

Morocco stocks higher at close of trade; Moroccan All Shares up 1.35%

2017-01-20 17:05 GMT

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Construction&Building Materials, Telecoms and Real Estate sectors led shares higher.

At the close in Casablanca, the Moroccan All Shares rose 1.35%.

The best performers of the session on the Moroccan All Shares were Zellidja S.A (CS:ZELI), which rose 5.98% or 7.30 points to trade at 129.30 at the close. Meanwhile, Centrale Danone (CS:CDA) added 5.97% or 63 points to end at 1118 and Bmce Bank (CS:BMCE) was up 4.70% or 10.10 points to 225.00 in late trade.

The worst performers of the session were Snep (CS:SNP), which fell 9.99% or 26.35 points to trade at 237.40 at the close. Med Paper (CS:PAP) declined 9.98% or 4.10 points to end at 36.97 and Timar (CS:TIM) was down 5.80% or 15.95 points to 259.05.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 26 to 24 and 6 ended unchanged.

Crude oil for March delivery was up 2.26% or 1.18 to $53.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.38% or 1.29 to hit $55.45 a barrel, while the February Gold contract rose 0.30% or 3.55 to trade at $1205.05 a troy ounce.

EUR/MAD was up 0.05% to 10.7280, while USD/MAD fell 0.25% to 10.0300.

The US Dollar Index was down 0.14% at 100.96.

Russia stocks lower at close of trade; MICEX down 0.11%

2017-01-20 17:05 GMT

Investing.com – Russia stocks were lower after the close on Friday, as losses in the Mining, Power and Oil&Gas sectors led shares lower.

At the close in Moscow, the MICEX fell 0.11% to hit a new 1-month low.

The best performers of the session on the MICEX were MegaFon OAO (MCX:MFON), which rose 2.40% or 15.00 points to trade at 641.10 at the close. Meanwhile, MTS (MCX:MTSS) added 1.83% or 4.90 points to end at 272.90 and Rosneft (MCX:ROSN) was up 1.77% or 6.75 points to 387.50 in late trade.

The worst performers of the session were MMC Norilsk Nickel (MCX:GMKN), which fell 2.40% or 230.0 points to trade at 9360.0 at the close. Severstal - ao (MCX:CHMF) declined 2.22% or 20.70 points to end at 912.70 and NLMK ao (MCX:NLMK) was down 1.87% or 2.10 points to 110.00.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 123 to 100 and 23 ended unchanged.

Shares in MTS (MCX:MTSS) rose to 52-week highs; gaining 1.83% or 4.90 to 272.90.

The Russian VIX, which measures the implied volatility of MICEX options, was down 2.00% to 24.030.

Gold for February delivery was up 0.35% or 4.15 to $1205.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.34% or 1.22 to hit $53.34 a barrel, while the March Brent oil contract rose 2.44% or 1.32 to trade at $55.48 a barrel.

USD/RUB was up 0.21% to 59.8559, while EUR/RUB rose 0.05% to 63.882.

The US Dollar Index was down 0.15% at 100.95.

Italy stocks higher at close of trade; Investing.com Italy 40 up 0.05%

2017-01-20 16:55 GMT

Investing.com – Italy stocks were higher after the close on Friday, as gains in the Telecoms, Industrials and Oil&Gas sectors led shares higher.

At the close in Milan, the Investing.com Italy 40 added 0.05%.

The best performers of the session on the Investing.com Italy 40 were Banca Pop Emilia Romagna (MI:EMII), which rose 1.59% or 0.090 points to trade at 5.745 at the close. Meanwhile, CNH Industrial NV (MI:CNHI) added 1.47% or 0.125 points to end at 8.625 and Italgas SpA (MI:IG) was up 1.27% or 0.05 points to 3.82 in late trade.

The worst performers of the session were Yoox Net-A-Porter Group SpA (MI:YNAP), which fell 4.25% or 1.15 points to trade at 25.90 at the close. UBI Banca (MI:UBI) declined 2.19% or 0.0800 points to end at 3.5800 and Unipol (MI:UNPI) was down 1.57% or 0.056 points to 3.520.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 168 to 167 and 24 ended unchanged.

Shares in CNH Industrial NV (MI:CNHI) rose to 52-week highs; rising 1.47% or 0.125 to 8.625.

Crude oil for March delivery was up 2.36% or 1.23 to $53.35 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.49% or 1.35 to hit $55.51 a barrel, while the February Gold contract rose 0.18% or 2.15 to trade at $1203.65 a troy ounce.

EUR/USD was up 0.15% to 1.0681, while EUR/GBP rose 0.24% to 0.8660.

The US Dollar Index was down 0.07% at 101.03.

Greece stocks lower at close of trade; Athens General-Composite down 0.40%

2017-01-20 16:15 GMT

Investing.com – Greece stocks were lower after the close on Friday, as losses in the Household, Technology and Banking sectors led shares lower.

At the close in Athens, the Athens General-Composite lost 0.40%.

The best performers of the session on the Athens General-Composite were Revoil Petrol (AT:REVr), which rose 11.76% or 0.040 points to trade at 0.380 at the close. Meanwhile, Centric Hold (AT:DESr) added 6.19% or 0.006 points to end at 0.103 and Selonda Aquaculture SA (AT:SELr) was up 4.27% or 0.0070 points to 0.1550 in late trade.

The worst performers of the session were Jumbo SA (AT:BABr), which fell 6.27% or 0.920 points to trade at 13.760 at the close. National Bank of Greece (AT:NBGr) declined 4.17% or 0.01 points to end at 0.23 and Techn Olympic (AT:OLYr) was down 2.80% or 0.030 points to 1.040.

Falling stocks outnumbered advancing ones on the Athens Stock Exchange by 53 to 47 and 17 ended unchanged.

Gold for February delivery was down 0.02% or 0.25 to $1201.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.63% or 1.37 to hit $53.49 a barrel, while the March Brent oil contract rose 2.82% or 1.53 to trade at $55.69 a barrel.

EUR/USD was up 0.04% to 1.0669, while EUR/GBP rose 0.21% to 0.8657.

The US Dollar Index was up 0.04% at 101.14.

Turkey stocks higher at close of trade; BIST 100 up 0.93%

2017-01-20 16:05 GMT

Investing.com – Turkey stocks were higher after the close on Friday, as gains in the Sports, Wholesale&Retail Trade and Tourism sectors led shares higher.

At the close in Istanbul, the BIST 100 gained 0.93% to hit a new 6-months high.

The best performers of the session on the BIST 100 were Vestel (IS:VESTL), which rose 9.41% or 0.610 points to trade at 7.090 at the close. Meanwhile, Pegasus (IS:PGSUS) added 6.50% or 0.980 points to end at 16.050 and Besiktas Futbol Yat. (IS:BJKAS) was up 5.64% or 0.250 points to 4.680 in late trade.

The worst performers of the session were Ihlas Holding (IS:IHLAS), which fell 2.94% or 0.010 points to trade at 0.330 at the close. Logo Yazilim (IS:LOGO) declined 1.76% or 0.900 points to end at 50.200 and Koza Altin (IS:KOZAL) was down 1.69% or 0.30 points to 17.50.

Rising stocks outnumbered declining ones on the Istanbul Stock Exchange by 230 to 108 and 70 ended unchanged.

Gold for February delivery was up 0.13% or 1.55 to $1203.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.48% or 1.29 to hit $53.41 a barrel, while the March Brent oil contract rose 2.57% or 1.39 to trade at $55.55 a barrel.

USD/TRY was down 0.88% to 3.7933, while EUR/TRY fell 0.79% to 4.0519.

The US Dollar Index was down 0.07% at 101.03.

U.S. stocks rise ahead of words from President Trump

2017-01-20 16:01 GMT

Investing.com – Wall Street traded higher with markets waiting to see what type of message Donald Trump could send in his inaugural speech later on Friday.

At 11:00AM ET (16:00GMT), the Dow Jones climbed 95 points, or 0.48%, the S&P 500 gained 11 points, or 0.48%, while the tech-heavy Nasdaq Composite rose 19 points, or 0.55%.

Ten weeks after shocking the world by winning the U.S. election, Donald Trump will be sworn in as the 45th President of the United States at approximately 12:00PM ET (17:00GMT) on Friday in Washington, D.C.

Though equities initially rallied after the surprise result on hopes that Trump would embark on implementing fiscal policies to spur growth and cut taxes, stocks have recently been cautious with the Dow itself ending down in the prior five sessions.

Trump failed to offer details on his promises to boost fiscal spending and cut taxes at a highly-anticipated news conference last week.

In that light, investors will welcome any detail he may give in his inaugural speech about his plans for tax reform, infrastructure spending and deregulation, as well as insight regarding policies on China and the domestic economy.

On a day lacking in any major economic reports stateside, investors evaluated several earnings reports from Dow Jones components.

Procter & Gamble (NYSE:PG) posted gains of more than 3% after the firm beat on both the top and bottom line and raised its fiscal year forecast for organic sales growth.

Even though IBM (NYSE:IBM) reported its 19th straight quarter of declining revenue, investors appeared to take heart in the positive outlook for its newer segments that allowed it to forecast full-year earnings that beat the Street. Shares were last up 1.8%.

On the downside, General Electric (NYSE:GE) led the decliners on the Dow with losses of 2% as the blue-chip conglomerate produced mixed results and traders appeared to focus on the bigger-than-expected 2.4% decline in revenue.

Shares of American Express (NYSE:AXP) were down 0.5% after reporting a lower-than-expected quarterly profit as the credit card issuer boosted spending on marketing and promotion to fend off rising competition.

Meanwhile, oil jumped nearly 3% on Friday, though investors will keep an eye on data from Baker Hughes out later on Friday to take stock of how U.S. shale drillers are responding to higher prices.

According to last week’s most recent data from the oilfield services provider, the number of rigs drilling for oil in the U.S. decreased by 7 to 522. That was the first decline in the oil-rig count in 10 weeks.

This weekend market participants will also be looking for any clues on the landmark agreement among major oil producers to cut production by nearly 1.8 million barrels per day.

A monitoring committee charged with tracking adherence to the global deal is due to meet in Vienna for the first time on January 22.

U.S. crude futures jumped 2.61% to $53.48 by 11:01AM ET (17:01GMT), while Brent oil soared 2.68% to $55.61

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