Mixed tones as trading officially gets underway 21 July 2016
- FTSE -0.2%
- DAX +0.5%
- CAC40 flat
- FTMIB +0.2%
- IBEX +0.2%
In China the SCI closed up +0.4%, CS1300 Index +0.5%
In China the SCI closed up +0.4%, CS1300 Index +0.5%
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Enbridge stock's 30%+ rally nears highs, but analysts see 12% upside. Valuation is attractive.
Oil stocks slide 5-11% on Iran ceasefire easing supply fears. WTI crude down 17%. Fertilizer firms also dip.
Pharma stocks mixed: RPRX revenue missed by 25.8%, LLY up 42.6%. CORT up 16.3% despite revenue miss.
Traders score $1.2M betting on Iran conflict; insider trading claims spark scrutiny.
Bitcoin nears $73K on ceasefire news; crypto stocks surge. New ETF launch adds fuel.
Gold jumps to $4,800 on ceasefire hopes, but a 10% war drop & Fed rates loom.
Roku surges 22.5% on strong revenue beat, while UDMY lags despite EBITDA gains. Valuations vary.
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