The European technology sector is moving downward decided today, in the wake of U.S. futures foreshadowing a tough session on Wall Street. Among individual stocks, slip Ericsson (-6.67%), Dassault Systemes (-4.24%), SAP (-4.21%), Alcatel (-3.74%), Infineon (-3.22% ). Down even ASML Holding (-2.80%), Siemens (-1.63%) and Nokia (-1.51%).
Seat of suffering for the titles of the Scandinavian mobile handset, hit by declines generalized scored this morning by the sector of technology stocks. On the Helsinki Exchanges under the giant Nokia marks a decrease of 3.19%, passing from hand to 13.55 euros, while rival Ericsson marks the Stockholm Stock Exchange a slope of 1, 54% to 6.4 Swedish kronor.
Tags: Ericsson, euro, euros, exchange, mobile, Nokia, stock, stocks, Swedish
slip into even the smallest Session titles European technology sector in the wake of bad news came from across the ocean. The worst performance is recorded by Kudelski (-6.70%), Nokia (-4.96%), Business Object (-4.03%) Ground Network (-2.76%), Ericsson (-2.50% ) and Infineon (-1.82%), while moving upward actions Arm Holdings (+4.55%), Infogrames (+3.32%), Sage Group (+3.04%), Wanadoo (+ 2.67%) and T-Online (+2.64%).
China Chijin Liu, chief executive of Nokia, said that the Chinese market for mobile phones is very fast growth with a few million new subscribers per month. Currently the Chinese market is Nokia’s second, worldwide, in volume of sales just behind the U.S.. In China, Nokia is the second reality for sales of mobile phones, behind the Swedish rival Ericsson, controls 31% of the market. Meanwhile, the continuing good performance of Nokia, the Helsinki Stock Exchange, under the title, which scored a rise above 6%.
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Final will be week full of red for the Scandinavian duo Nokia and Ericsson. The mobile phone giant Nokia, for example, the Helsinki Stock Exchange, lost 3.68% on passing from hand to 25.38 euros. Also lower the title of Swedish rival Ericsson, which loses 2.86% trading at 51 Swedish kronor.
Tags: Ericsson, euro, euros, exchange, mobile, Nokia, stock, Swedish, trading
Nokia will improve even if the decrease remains significant today. The Finnish giant, in fact, lost 3.42% at this time with actions that go to AMNO to 25.45 euros. In the morning, the title had come to lose about 5%. Falls, however, below the threshold of 24 euros Ericsson decline of 0.37%.
Improving the situation of the sector European technology in the early afternoon, in view of the opening of Wall Street. Remain some negative signs and reduction in particular Arm Holdings (-3.88%), Alcatel (-2.71%), Nokia (-1.86%), ASML Holding (-1.48%), Infineon (– 1.34%), STMicroelectronics (-0.96%) and Ericsson (-0.38%).
takes a breath the automotive industry and investors today do not exploit its characteristic of refuge sector, particularly given what is happening between the titles tlc after bad results by Sweden’s Ericsson. But the car sector has raced a lot in Europe and its maturity may be a limit according to some analysts. It ‘also true, according to another part of analysts, that many titles such as BMW and Porsche have become almost securities of luxury. Both BMW and Porsche in fact, particularly after the crisis of September 11 proved to be very reactive, and sales are growing at a rate much higher than the industry. Today they are dominating sales. In Germany, the rebates are led by BMW, the title loses 1, 85%, passing from hand to 45 euros. DaimlerChrysler also in sharp decline (-1.35%). Volkswagen, the first car manufacturer in Europe, lost 0.51% while Porsche loses 0.29%. Porsche is one of their favorite titles from investors and the launch of the new model, Cayenne (sport utility veichle) should give a further boost to sales. Sales also dominate the quotations of the French Peugeot (-0.45%) and Renault, which marks a decrease of 0.45%. Too bad the Italian Fiat, always at the center of numerous market rumors about his future with General Motor, which the Milan stock exchange loses 1, 15%, passing from hand to 14.40 euros.
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Day letter to the Milan Stock suffering the thud of the Swedish giant Ericsson and the debacle of the U.S. telecoms, drag into the abyss of WorldCom. The NASDAQ has thus ended down 0,96% while the Mib30 lost the 1, 20%. Declining also Numtel (-1.55%), weighed down by weak performance of Tiscali, but also of inference and e.Biscom Cardnet, although volumes were very low. A Piazza Affari shone Bipop (+2.93%), thanks again to print rumors about some budget estimates on the aggregation between the two banking groups (Bipop Bank and Rome) with a ROE of 10.9% in 2004 and the green light to the merger by the Foundation Manodori. Well as other banking IntesaBci and MPS while Eni has made a new intraday record high at 17.15 euros. Falling sharply, however, the titles of the Olympia, with Tim that is close to its 5 euros because of the heavy loss of British telecoms such as Vodafone and Orange, and STMicroelectronics. Enel also in red, according to the Minister of Productive Activities Antonio Marzano, will be placed on the market other plants.
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Plus sign this afternoon, in this last session before the Easter break for certificates of Scandinavian mobile phones Nokia and Ericsson. Sweden’s Ericsson scored a rise of 0.46%, passing from hand to 43.9 euros, while the Finnish rival Nokia rose 1, 64% trading at 24.23 euros.