Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Russian Equity Slumps Along Oil Prices

Published 12/11/2014, 09:52
EUR/USD
-
UK100
-
US500
-
FCHI
-
DE40
-
LCO
-
IMOEX
-

On Tuesday, world stock markets closed on the up, with the exception of Russia’s equity market. In Europe, in particular, Britain’s FTSE 100 added 0.24 percent finishing trading at 6,627.40 points, France’s CAC 40 grew 0.5 percent up to 4,244.10 points, and Germany’s DAX 30 gained 0.18 percent reaching 9,369.03 points.

As the price of oil dropped to the level of 2010, the MICEX index shed 0.1 percent down to 1,514.78 points and the RTS index slumped 1.58 percent down to 1,028.95 points.

In the USA, the Dow Jones grew 0.01 percent up to 17,614.90 points, the S&P 500 picked up 0.07 percent making 2,039.68 points, and the NASDAQ advanced 0.19 percent up to 4,660.56 points.

On London’s stock exchange, the Brent oil future went down by $1.09 reaching $81.25 a barrel. On the New York Mercantile Exchange, the WTI oil future declined by $0.11 down to $77.29 a barrel. The drop to a new low has to do with the announcement by the UAE Energy Minister that OPEC won’t lower its oil output target. The decision was influenced by an increase in demand in the US.

On the Forex market, EUR/USD is still holding at the same level as yesterday. The pair is starting a new movement.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.