Russian Stocks Dipped Before The Additional Sanction
September 12, 2014 10:25 am
September 12, 2014 – Stocks News
Asian stocks opened lower on the Chinese negative money supply report that was leaked 33 hours prior to the original release time. However, the Shanghai Composite has managed to correct the downwards movement and added 0.43% with SoftBank Corp continuing to advance for the second day. Sony Corp rose for the third day advancing today an additional 1.54%. The Hang-Seng was negative with CITIC Group lost a significant 4.19%. Lukoil (-1.58%) dropped after the EU authorized the second round of sanctions against Russia.
European stocks opened higher despite the EU and U.S. announcement on additional round of sanctions against Russia targeting specific companies. The sanctions will target mainly energy companies and will stop them from raising money in the EU and US. This will have direct implications also on the EU stock market as the targeted companies include mainly Russian banks and oil companies. Lloyd’s Banking Group continued increasing addition additional 0.89%. Fashion week in London has induced some movement within the high end fashion brands, Louis Vuitton SA added 0.66%.
U.S. stocks showed moderated movement with little change an investors speculate the implications of Obama’s speech and the 2nd round of sanctions of the EU and U.S against Russia. Pfizer Inc. added 0.65% after releasing divided this week. Visa Inc. lost 0.89% yesterday but is showing a 0.31% upwards correction in after-hours trading. Yahoo(!) Inc facing a quarter million dollar fine from the U.S. government if not complying with requests for its internet user data in national security investigations.
September 12, 2014 – Stocks News
Asian stocks opened lower on the Chinese negative money supply report that was leaked 33 hours prior to the original release time. However, the Shanghai Composite has managed to correct the downwards movement and added 0.43% with SoftBank Corp continuing to advance for the second day. Sony Corp rose for the third day advancing today an additional 1.54%. The Hang-Seng was negative with CITIC Group lost a significant 4.19%. Lukoil (-1.58%) dropped after the EU authorized the second round of sanctions against Russia.
European stocks opened higher despite the EU and U.S. announcement on additional round of sanctions against Russia targeting specific companies. The sanctions will target mainly energy companies and will stop them from raising money in the EU and US. This will have direct implications also on the EU stock market as the targeted companies include mainly Russian banks and oil companies. Lloyd’s Banking Group continued increasing addition additional 0.89%. Fashion week in London has induced some movement within the high end fashion brands, Louis Vuitton SA added 0.66%.
U.S. stocks showed moderated movement with little change an investors speculate the implications of Obama’s speech and the 2nd round of sanctions of the EU and U.S against Russia. Pfizer Inc. added 0.65% after releasing divided this week. Visa Inc. lost 0.89% yesterday but is showing a 0.31% upwards correction in after-hours trading. Yahoo(!) Inc facing a quarter million dollar fine from the U.S. government if not complying with requests for its internet user data in national security investigations.
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