Market comment ..
Symbol SX7P
Calculation Realtime
Dissemination period 09:00 CET-18:00 CET
ISIN EU0009658806
Bloomberg ID BBG000P5WS49
Free Float Mcap 889'227.299 MEUR
Last value 163.22
Daily change (absolute) +2.58% (4.11)
Week to week change 4.38%
52 week change -10.35%
Year to date change -10.63%
Daily low 159.56 (09:12)
Daily high 164.54 (15:18)
52 week low 116.29 (Jul. 06, 2016)
52 week high 186.55 (Dec. 08, 2015)
The all comments, and the suspensions that are included in the web page bankstrade by sot ark exist aiming at the general briefing of readers and in no case it does not constitute advice or constitution or proposal or prompt or incentive for any type transaction or investment. With the use of web page, bankstrade by sot ark, you are compelled to be informed of her TERMS of USE.
After a stabilizing opening and transitions sign ... a strong upward move while the STOXX® Europe 600 Banks, in a reaction of European banks in the wake of concerns that had been created on the occasion of the Italian Referendum, with investors turning their gaze on the ECB announcements on Thursday .. The European banks with precursors of the German Deutsche Bank AG + 5,90% to 16.181 and Commerzbank AG + 5,18% to 6.96 .. and the Italian banks Unione di Banche Italiane SpA with gains of 6.01% to 2.19 and Mediobanca Banca di Credito Finanziario SpA + 6.91% to 6.88 .. notes gains of 3.09% at 164.02 m ... moving high 10 months ..
STOXX® Europe 600 Banks
The STOXX® Europe 600 Banks ... despite concerns that have occurred in recent days ... has shown a great strength and managed to hold above the support level of 157.7 m .. moving between a narrow range between EMA 21 to 156.71 and the EMA to 9 157.5 m keeping intact the support of EMA 9.
The passage over the local peak of 161.6 in conjunction with the expectations of the returns expected Thursday by the ECB ... gave an upward escape to the resistance of 166.4 m but with the prices to move in super purchased price levels .. price levels with an increased risk of a sharp trend reversal ... although if the expectations are not verified by the ECB announcements expected ..
But it should however be noted that the input pointer fast stoch; astic a short-term as recorded at high prices over the average price zone .. Also the MACD indicator .. despite the gains that have occurred in recent days still retains the output signal .. but moving in a sideways movement at a high price level ...
Symbol SX7P
Calculation Realtime
Dissemination period 09:00 CET-18:00 CET
ISIN EU0009658806
Bloomberg ID BBG000P5WS49
Free Float Mcap 889'227.299 MEUR
Last value 163.22
Daily change (absolute) +2.58% (4.11)
Week to week change 4.38%
52 week change -10.35%
Year to date change -10.63%
Daily low 159.56 (09:12)
Daily high 164.54 (15:18)
52 week low 116.29 (Jul. 06, 2016)
52 week high 186.55 (Dec. 08, 2015)
The all comments, and the suspensions that are included in the web page bankstrade by sot ark exist aiming at the general briefing of readers and in no case it does not constitute advice or constitution or proposal or prompt or incentive for any type transaction or investment. With the use of web page, bankstrade by sot ark, you are compelled to be informed of her TERMS of USE.
