Yearly Performance
Dow +13.42% S&P +9.54% Nasdaq +7.50% Russell +19.48% Brazil +38.93% Mexico +6.20% EuroStoxx +0.70% FTSE +14.43% CAC +4.86% Dax+6.87% Ibex -2.01% MIB -10.20% SMI -6.78% Nikkei +0.42% Hang Seng +0.39% CSI -11.28% Shanghai -12.30%
The last week of trading saw a mixed global reaction to the year's end. The FTSE managed to reach new all-time highs and closed the week up 1.4%, while the Shanghai and Hang Seng also finished up on the week. The US instead had a hard time during the last four sessions of the year as profit taking and pension fund rebalancing, in a high vacation period, took its toll. Trading volumes have reflected the absenteeism with average volumes on the NYSE at 35% below the 3 month average. For the week, after getting to within 20 points of the 20,000 milestone the DJIA lost 0.8%, while the Nasdaq dropped 1.5%, and the S&P500 fell 1.1%, causing the S&P to fall just short of a double digit percentage gain on the year.
Macro :
- China December Manufacturing PMI at 51.4; Est. 51.5
- U.K. Sets New Penalties for Enablers of Offshore Tax Evasion
- ECB to Start a Review of EU Banks’ Internal Models: Messaggero
- France Foiled 17 Attacks This Year, Prime Minister Tells JDD
- Einhorn’s Greenlight Fund Gains 9.4% in 2016
- Spain Wants Good Relations With U.K. to Continue, Rajoy Says
- Spain Bad Bank Sareb Exceeded EU1.5B in 2016 Institutional Sales
Keep an eye :
- AI FP : Air Liquide Completes Aqua Lung Sale to Montagu Private Equity
- AAPL US : Apple to Slice IPhone Production 10%, Calculations Show: Nikkei
- AAPL US : Apple Suppliers Fall After Report on IPhone Production Cut
- BMPS IM : Paschi Plans Bonds for Jan., Feb.; Weighs ‘Bad Bank,’ Sole Says
- BMW GY : BMW to Rely on Combustion Engines for Decade, Krueger Tells BZ
- BP IM : Banco Popolare: Got Interest Expressions on 178,859 Shares
- BPM IM : Banco BPM to Hold First Board Meeting on Sunday: Messaggero
- CON GY : Continental AG CEO Sees Jobs Endangered by E-Car Trend: WamS
- CSGN VX : Tanzania Says Seeking $300m Loan From Credit Suisse: Reuters
- FCC SM : FCC delisting offer to run from 30 December 2016 to 13 February 2017
- ITV LN : ITV Said Preparing for Exit of CEO Crozier, Finance Head: Sky
- LLOY LN : Lloyd’s May Pay Record $50m on Fisher Claim: Insurance Insider
- MC FP : Hengdeli Holdings to sell two business units to its chairman for CNY 3.5bn (MC owns 5.97% of Hngdeli)
- MC FP : LVMH’s Biver Says Smartwatches Still in Their Infancy: Blick
- MMT FP : TF1 Audience Fell to 20.4% in 2016, M6 Rose to 10.2%: Le Figaro
- MKS LN : M&S to Lift Some Prices 15% After Supplier Rebellion: S. Times
- UG FP : French New Car Registrations Rose 5.8% in Dec., 5.1% for 2016
- RNO FP : French New Car Registrations Rose 5.8% in Dec., 5.1% for 2016
- UHR VX : Hengdeli Holdings to sell two business units to its chairman for CNY 3.5bn (UHR owns 9.16% of Hngdeli)
- TSLA US : Elon Musk Says HW2 Autopilot Software Uploaded to 1k Cars Today
- TFI FP : TF1 Audience Fell to 20.4% in 2016, M6 Rose to 10.2%: Le Figaro
- VWS DC : Vestas Gets 67 MW Order and 29 MW Order in U.S.
- VIV FP : Vivendi Said to Seek Mediaset Board Seats Amid Fight for Control