Europe: IMF forecasts have upset not only bank sector

On Thursday, on June, 25th, the share markets of the European region against the statement of experts of the International currency fund that losses of banks of Ireland by 2010 will reach $49 bln have finished day with negative dynamics. Index Dow Jones Stoxx 600 by the end of the auctions down on 0,92 % also has reached a point of 204,43 points. Indicator Stoxx 50 «has grown thin» for 1,26 %, the key indicator of Eurozone Euro Stoxx 50 has lowered 0,75 %.

German DAX has fallen in price on 0,73 %, French CAC-40 became easier”on 0,68 % while the index of Great Britain FTSE 100 has lowered 0,64 %. Actions of Irish creditor Bank of Ireland have failed on 5,79 % to 1,79 euros while than its competitor Allied Irish Banks became easier on 4,41 % to 1,77 euros against words of representatives of IMF about the predicted losses caused by unprecedented rates of delay of national economy.

Papers of second-large French bank Credit Agricole have fallen on 3,91 % to 9,14 euros after analysts Kepler Capital Markets have lowered recommendations about actions to to “hold”, and experts Cheuvreux have reduced look-ahead value of profit of the creditor with 2,6 billion euro to 1 billion euro. Quotations of the manufacturer of medical products Sanofi-Aventis have rolled down on 4,36 % to 44,55 euros. Analysts UBS have declared that more and more investors are disturbed by safety of medicine Lantus intended for treatment of a diabetes.

Actions of the insurer of life Swiss Life Holding largest in Switzerland have fallen in price on 3,41 % to 89,35 Swiss francs. Experts Bank of America have lowered recommendations about papers to an estimation «worse the market». Quotations of the world’s largest company on manufacture of chemical preparations BASF “have grown thin” for 2,56 % to 28,14 euros against news about intention to close factory on polystyrene manufacture in Germany and by that to reduce plastic release in Europe by 15 % with a view of increase of appeal of division Styrenics for potential buyers.

Papers of builder Bouygues have added 3,91 % to level 27,64 euros after analysts Goldman Sachs Group have added actions in the list recommended to purchase and the company has declared that has won 335 million contract on construction of port constructions in Morocco. The main European currencies – euro and pound sterling – have shown at 19:54 mixed dynamics against dollar. So, the course of pair EUR/USD has risen on 0,08 % to $1,394 for euro while GBP/USD has lowered 0,56 % to $1,632 for pound.