MARKET REVIEW

Peru stocks higher at close of trade; S&P Lima General up 0.13%

Investing.com – Peru stocks were higher after the close on Friday, as gains in the Non-Metal Minerals, Food&Beverages and Industrials sectors led shares higher.

At the close in Lima, the S&P Lima General gained 0.13%.

The best performers of the session on the S&P Lima General were Grana Y Monter (LM:GRA), which rose 6.58% or 0.100 points to trade at 1.620 at the close. Meanwhile, Relapasa (LM:REL) added 4.76% or 0.010 points to end at 0.220 and Milpo (LM:MIL) was up 4.11% or 0.150 points to 3.800 in late trade.

The worst performers of the session were Candente Copper (LM:DNT), which fell 18.18% or 0.0120 points to trade at 0.0540 at the close. Minsur (LM:MINi) declined 4.83% or 0.070 points to end at 1.380 and Trevali Mining (LM:TV) was down 2.17% or 0.020 points to 0.900.

Rising stocks outnumbered declining ones on the Lima Stock Exchange by 14 to 10 and 9 ended unchanged.

Shares in Candente Copper (LM:DNT) fell to 52-week lows; down 18.18% or 0.0120 to 0.0540. Shares in Milpo (LM:MIL) rose to 3-years highs; up 4.11% or 0.150 to 3.800.

Crude oil for May delivery was up 0.84% or 0.40 to $48.10 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.85% or 0.43 to hit $50.99 a barrel, while the April Gold Futures contract fell 0.34% or 4.20 to trade at $1243.00 a troy ounce.

USD/PEN was down 0.25% to 3.2400, while EUR/PEN rose 0.04% to 3.5061.

The US Dollar Index Futures was up 0.03% at 99.59.

U.S. equities close mixed after health care bill gets the boot

Investing.com – U.S. stocks closed mixed on Friday, after the House of Representatives’ withdrew a health care bill to repeal and replace Obamacare, as chances of passing the bill appeared slim amid a lack of votes.

The vote on the bill was scheduled for 15:30 EDT but the House went into recess as Republicans deliberated whether to proceed with a vote on the bill while House Speaker Paul Ryan visited the White House at midday to warn President Trump that he lacked the votes to pass the American Health Care Act (AHCA).

House Speaker Ryan, in an update to reporters, following the withdrawal of the health care bill, mentioned that he spoke with President Trump and advised him to pull the bill as it would be “the best thing to do”.

Over the past week, investors were focused on the potential impact a setback on the bill could have on Trump’s ability to push through more ‘market sensitive’ legislation such as tax reform.

House Speaker Ryan, added to fears that the setback in health care reform could dampen the success of future legislation being passed, after he admitted that “it [the withdrawal of the health care bill] does make tax reform more difficult but it does not make it impossible”

The Dow offered the biggest reaction to the news, as it moved sharply off the lows but eventually closed in negative territory.

Meanwhile U.S. economic data heaped further pressure on equities, as The Commerce Department said Friday, orders for core durable goods, a category that excludes aircraft and military goods, rose 0.4% in February, which was less than economists’ forecast of a 0.5% rise.

The Dow Jones Industrial Average slumped 59 points, or 0.29%, to close at 20,596. The S&P 500 gained 0.11% and the Nasdaq Composite closed at 5,828 up 0.19%.

The top S&P 500 gainers included Micron Technology Inc (NASDAQ:MU) up 7.4%, and Centene Corporation (NYSE:CNC) up 5.2%, while Under Armour Inc C (NYSE:UA) added 4.1%.

Martin Marietta Materials Inc (NYSE:MLM) down 2.9%, Fluor Corporation (NYSE:FLR) down 2.5% and Nucor Corporation (NYSE:NUE) slumped 2.4%, were among the worst S&P 500 performers of the session.

Mexico stocks higher at close of trade; IPC up 0.84%

Investing.com – Mexico stocks were higher after the close on Friday, as gains in the Financial Services, Industrials and Consumer Goods&Services sectors led shares higher.

At the close in Mexico, the IPC added 0.84% to hit a new all time high.

The best performers of the session on the IPC were Grupo Aeroportuario Del Sureste (MX:ASURB), which rose 5.23% or 16.54 points to trade at 333.00 at the close. Meanwhile, Grupo Financiero Santander Mexico (MX:SANMEXB) added 3.70% or 1.180 points to end at 33.080 and Alfa, S.A.B. De C.V. (MX:ALFAA) was up 3.16% or 0.860 points to 28.110 in late trade.

The worst performers of the session were Genomma Lab Internacional SAB De CV (MX:LABB), which fell 1.86% or 0.440 points to trade at 23.220 at the close. Gentera SAB de CV (MX:GENTERA) declined 1.32% or 0.400 points to end at 29.990 and Coca-Cola Femsa, S.A.B. De C.V. (MX:KOFL) was down 0.62% or 0.86 points to 137.54.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 141 to 122 and 10 ended unchanged.

Shares in Grupo Aeroportuario Del Sureste (MX:ASURB) rose to all time highs; rising 5.23% or 16.54 to 333.00.

Gold Futures for April delivery was down 0.18% or 2.25 to $1244.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.96% or 0.46 to hit $48.16 a barrel, while the May Brent oil contract rose 0.93% or 0.47 to trade at $51.03 a barrel.

USD/MXN was down 0.89% to 18.7621, while EUR/MXN fell 0.66% to 20.2775.

The US Dollar Index Futures was down 0.05% at 99.51.

Brazil stocks higher at close of trade; Bovespa up 0.51%

Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Public Utilities, Electric Power and Financials sectors led shares higher.

At the close in Sao Paulo, the Bovespa gained 0.51%.

The best performers of the session on the Bovespa were Lojas Renner SA (SA:LREN3), which rose 4.20% or 1.10 points to trade at 27.30 at the close. Meanwhile, CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) added 3.87% or 0.38 points to end at 10.21 and Equatorial Energia SA (SA:EQTL3) was up 3.24% or 1.80 points to 57.40 in late trade.

The worst performers of the session were Metalurgica Gerdau SA (SA:GOAU4), which fell 4.01% or 0.21 points to trade at 5.03 at the close. Usinas Siderurgicas de Minas Gerais (SA:USIM5) declined 2.88% or 0.12 points to end at 4.05 and Gerdau SA Pref (SA:GGBR4) was down 2.62% or 0.30 points to 11.15.

Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 183 to 177 and 27 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.05% to 34.59.

Gold Futures for April delivery was down 0.18% or 2.25 to $1244.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.96% or 0.46 to hit $48.16 a barrel, while the May US coffee C contract fell 2.07% or 2.91 to trade at $137.57 .

USD/BRL was down 0.96% to 3.1103, while EUR/BRL fell 0.64% to 3.3605.

The US Dollar Index Futures was down 0.05% at 99.51.

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.29%

Investing.com – U.S. stocks were mixed after the close on Friday, as gains in the Utilities, Telecoms and Technology sectors led shares higher while losses in the Basic Materials, Oil&Gas and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.29% to hit a new 1-month low, while the S&P 500 index lost 0.08%, and the NASDAQ Composite index climbed 0.19%.

The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 1.79% or 0.99 points to trade at 56.36 at the close. Meanwhile, American Express Company (NYSE:AXP) added 0.46% or 0.36 points to end at 78.20 and Visa Inc (NYSE:V) was up 0.37% or 0.33 points to 89.19 in late trade.

The worst performers of the session were Goldman Sachs Group Inc (NYSE:GS), which fell 1.50% or 3.49 points to trade at 228.41 at the close. E I du Pont de Nemours&Co (NYSE:DD) declined 1.19% or 0.96 points to end at 79.60 and Pfizer Inc (NYSE:PFE) was down 0.85% or 0.29 points to 34.00.

The top performers on the S&P 500 were Frontier Communications Corporation (NASDAQ:FTR) which rose 7.73% to 2.09, Micron Technology Inc (NASDAQ:MU) which was up 7.40% to settle at 28.43 and Centene Corporation (NYSE:CNC) which gained 5.24% to close at 68.73.

The worst performers were Martin Marietta Materials Inc (NYSE:MLM) which was down 2.93% to 207.24 in late trade, Fluor Corporation (NYSE:FLR) which lost 2.52% to settle at 51.44 and Nucor Corporation (NYSE:NUE) which was down 2.45% to 59.76 at the close.

The top performers on the NASDAQ Composite were HTG Molecular Diagnostics Inc (NASDAQ:HTGM) which rose 145.55% to 9.650, Staffing 360 Solutions Inc (NASDAQ:STAF) which was up 48.98% to settle at 0.730 and Zais Group Holdings Inc (NASDAQ:ZAIS) which gained 29.20% to close at 2.920.

The worst performers were Xenon Pharmaceuticals Inc (NASDAQ:XENE) which was down 52.79% to 4.65 in late trade, Argos Therapeutics Inc (NASDAQ:ARGS) which lost 32.66% to settle at 0.49 and Medigus Ltd (NASDAQ:MDGS) which was down 24.04% to 3.350 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1658 to 1548 and 47 ended unchanged; on the Nasdaq Stock Exchange, 1376 rose and 1110 declined, while 111 ended unchanged.

Shares in Micron Technology Inc (NASDAQ:MU) rose to 52-week highs; up 7.40% or 1.96 to 28.43. Shares in HTG Molecular Diagnostics Inc (NASDAQ:HTGM) rose to 52-week highs; up 145.55% or 5.720 to 9.650. Shares in Xenon Pharmaceuticals Inc (NASDAQ:XENE) fell to all time lows; losing 52.79% or 5.20 to 4.65. Shares in Argos Therapeutics Inc (NASDAQ:ARGS) fell to all time lows; falling 32.66% or 0.24 to 0.49.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.61% to 13.04.

Gold Futures for April delivery was down 0.09% or 1.15 to $1246.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.86% or 0.41 to hit $48.11 a barrel, while the May Brent oil contract rose 0.81% or 0.41 to trade at $50.97 a barrel.

EUR/USD was up 0.18% to 1.0802, while USD/JPY rose 0.19% to 111.14.

The US Dollar Index Futures was down 0.04% at 99.52.

Portugal stocks higher at close of trade; PSI 20 up 0.44%

Investing.com – Portugal stocks were higher after the close on Friday, as gains in the Industrials, Consumer Services and Basic Materials sectors led shares higher.

At the close in Lisbon, the PSI 20 rose 0.44%.

The best performers of the session on the PSI 20 were CTT Correios de Portugal SA (LS:CTT), which rose 5.24% or 0.2550 points to trade at 5.1200 at the close. Meanwhile, Mota Engil (LS:MOTA) added 2.05% or 0.0350 points to end at 1.7450 and Sonae (LS:YSO) was up 1.83% or 0.0160 points to 0.8880 in late trade.

The worst performers of the session were Ibersol SGPS (LS:IBS), which fell 1.51% or 0.220 points to trade at 14.380 at the close. Galp Energia Nom (LS:GALP) declined 1.04% or 0.1400 points to end at 13.3800 and Corticeira Amorim (LS:CORA) was down 0.83% or 0.083 points to 9.882.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 18 to 14 and 8 ended unchanged.

Brent oil for May delivery was up 0.14% or 0.07 to $50.63 a barrel. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.31% or 0.15 to hit $47.85 a barrel, while the April Gold Futures contract rose 0.04% or 0.55 to trade at $1247.75 a troy ounce.

EUR/USD was up 0.20% to 1.0805, while EUR/GBP rose 0.41% to 0.8647.

The US Dollar Index Futures was down 0.10% at 99.46.

Dollar trickles lower; as key vote to replace Obamacare draws closer

Investing.com - The dollar fell against a basket of major currencies on Friday, as weaker than expected economic data weighed on sentiment while investors worried about the outcome of a Key House vote to repeal and replace parts of Obamacare scheduled for 15:30 EDT.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, dipped 0.05% to 99.52 by 13:27 EDT.

Events on Capitol Hill, continued to dominate market moves, as investors feared that a negative outcome concerning a key House vote could dampen the markets' belief in President Trump’s ability to push through more pro-growth legislation such as tax reform.

Meanwhile, a weaker than expected core durable goods print for February, heaped further pressure on the greenback.

The Commerce Department said on Friday, orders for core durable goods, a category that excludes aircraft and military goods, rose 0.4% in February, which was less than economists’ forecast of a 0.5% rise.

Elsewhere, the dollar recovered against the yen, after falling to a four-month low 110.78, as USD/JPY traded roughly flat at 110.91.

Meanwhile, GBP/USD slipped to $1.2498, down 0.18%, while the EUR/USD gained 0.23% to $1.0808, after a strong batch of manufacturing data from both France and Germany.

Both French and German Manufacturing PMI prints for March beat analysts’ expectations.

The sell-off in the greenback was not prevalent in the USD/CAD pair, as ‘loonie’ gained 0.16% to $1.3373.

Spain stocks lower at close of trade; IBEX 35 down 0.15%

Investing.com – Spain stocks were lower after the close on Friday, as losses in the Telecoms&IT, Chemical, Petroleum&Plastic and Financial Services&Real Estate sectors led shares lower.

At the close in Madrid, the IBEX 35 declined 0.15%.

The best performers of the session on the IBEX 35 were Grifols SA (MC:GRLS), which rose 2.31% or 0.500 points to trade at 22.150 at the close. Meanwhile, Aena Aeropuertos SA (MC:AENA) added 0.99% or 1.40 points to end at 142.45 and Amadeus IT (MC:AMA) was up 0.96% or 0.445 points to 46.705 in late trade.

The worst performers of the session were Repsol (MC:REP), which fell 1.27% or 0.185 points to trade at 14.370 at the close. Gamesa (MC:GAM) declined 1.24% or 0.275 points to end at 21.920 and Viscofan (MC:VIS) was down 1.19% or 0.590 points to 48.900.

Rising stocks outnumbered declining ones on the Madrid Stock Exchange by 90 to 77 and 16 ended unchanged.

Shares in Grifols SA (MC:GRLS) rose to 52-week highs; rising 2.31% or 0.500 to 22.150. Shares in Aena Aeropuertos SA (MC:AENA) rose to all time highs; up 0.99% or 1.40 to 142.45. Shares in Amadeus IT (MC:AMA) rose to all time highs; rising 0.96% or 0.445 to 46.705.

Gold Futures for April delivery was up 0.09% or 1.15 to $1248.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.31% or 0.15 to hit $47.85 a barrel, while the May Brent oil contract rose 0.16% or 0.08 to trade at $50.64 a barrel.

EUR/USD was up 0.22% to 1.0807, while EUR/GBP rose 0.42% to 0.8648.

The US Dollar Index Futures was down 0.11% at 99.45.

Netherlands stocks lower at close of trade; AEX down 0.21%

Investing.com – Netherlands stocks were lower after the close on Friday, as losses in the Oil&Gas, Financials and Consumer Goods sectors led shares lower.

At the close in Amsterdam, the AEX declined 0.21%.

The best performers of the session on the AEX were Altice NV (AS:ATCA), which rose 2.88% or 0.59 points to trade at 21.29 at the close. Meanwhile, ASML Holding (AS:ASML) added 2.29% or 2.75 points to end at 122.95 and SBM Offshore (AS:SBMO) was up 1.67% or 0.24 points to 14.64 in late trade.

The worst performers of the session were Aegon (AS:AEGN), which fell 5.22% or 0.268 points to trade at 4.867 at the close. ING Groep NV (AS:INGA) declined 1.26% or 0.175 points to end at 13.765 and Royal Dutch Shell A (AS:RDSa) was down 1.02% or 0.250 points to 24.160.

Falling stocks outnumbered advancing ones on the Amsterdam Stock Exchange by 65 to 60 and 13 ended unchanged.

Shares in ASML Holding (AS:ASML) rose to all time highs; gaining 2.29% or 2.75 to 122.95.

The AEX Volatility, which measures the implied volatility of AEX options, was up 0.47% to 13.33.

Crude oil for May delivery was up 0.31% or 0.15 to $47.85 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.14% or 0.07 to hit $50.63 a barrel, while the April Gold Futures contract rose 0.08% or 1.05 to trade at $1248.25 a troy ounce.

EUR/USD was up 0.21% to 1.0806, while EUR/GBP rose 0.42% to 0.8648.

The US Dollar Index Futures was down 0.11% at 99.45.

Finland stocks lower at close of trade; OMX Helsinki 25 down 0.39%

Investing.com – Finland stocks were lower after the close on Friday, as losses in the Telecoms, Technology and Oil&Gas sectors led shares lower.

At the close in Helsinki, the OMX Helsinki 25 fell 0.39%.

The best performers of the session on the OMX Helsinki 25 were Kesko Oyj (HE:KESKOB), which rose 0.80% or 0.34 points to trade at 42.98 at the close. Meanwhile, Cargotec Oyj (HE:CGCBV) added 0.54% or 0.25 points to end at 46.76 and KONE Oyj (HE:KNEBV) was up 0.42% or 0.17 points to 41.12 in late trade.

The worst performers of the session were Tieto Oyj (HE:TIE1V), which fell 5.42% or 1.42 points to trade at 24.79 at the close. Metso Oyj (HE:METSO) declined 3.76% or 1.11 points to end at 28.43 and Valmt (HE:VALMT) was down 3.20% or 0.48 points to 14.51.

Falling stocks outnumbered advancing ones on the Helsinki Stock Exchange by 71 to 68 and 12 ended unchanged.

Brent oil for May delivery was up 0.20% or 0.10 to $50.66 a barrel. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.34% or 0.16 to hit $47.86 a barrel, while the April Gold Futures contract rose 0.10% or 1.25 to trade at $1248.45 a troy ounce.

EUR/USD was up 0.23% to 1.0808, while EUR/GBP rose 0.43% to 0.8649.

The US Dollar Index Futures was down 0.12% at 99.44.

U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.07%

Investing.com – U.K. stocks were lower after the close on Friday, as losses in the Fixed Line Telecommunications, Industrial Metals&Mining and Healthcare Equipment&Services sectors led shares lower.

At the close in London, the Investing.com United Kingdom 100 declined 0.07%.

The best performers of the session on the Investing.com United Kingdom 100 were Capita PLC (LON:CPI), which rose 2.95% or 16.50 points to trade at 575.50 at the close. Meanwhile, Smiths Group PLC (LON:SMIN) added 2.89% or 45.00 points to end at 1601.00 and British American Tobacco PLC (LON:BATS) was up 1.99% or 103.00 points to 5277.00 in late trade.

The worst performers of the session were Ashtead Group PLC (LON:AHT), which fell 2.43% or 40.00 points to trade at 1609.00 at the close. BT Group PLC (LON:BT) declined 1.74% or 5.75 points to end at 325.65 and Taylor Wimpey PLC (LON:TW) was down 1.69% or 3.30 points to 191.50.

Rising stocks outnumbered declining ones on the London Stock Exchange by 972 to 908 and 502 ended unchanged.

Shares in Smiths Group PLC (LON:SMIN) rose to all time highs; gaining 2.89% or 45.00 to 1601.00. Shares in British American Tobacco PLC (LON:BATS) rose to all time highs; rising 1.99% or 103.00 to 5277.00.

Gold Futures for April delivery was up 0.08% or 1.05 to $1248.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.13% or 0.06 to hit $47.76 a barrel, while the May Brent oil contract fell 0.04% or 0.02 to trade at $50.54 a barrel.

GBP/USD was down 0.22% to 1.2494, while EUR/GBP rose 0.46% to 0.8652.

The US Dollar Index Futures was down 0.12% at 99.44.

Germany stocks higher at close of trade; DAX up 0.20%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Technology, Utilities and Media sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.20%, while the MDAX index gained 0.47%, and the TecDAX index climbed 1.17%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 9.35% or 1.600 points to trade at 18.705 at the close. Meanwhile, RWE AG ST O.N. (DE:RWEG) added 1.71% or 0.255 points to end at 15.170 and Merck KGaA (DE:MRCG) was up 1.66% or 1.70 points to 103.85 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 1.43% or 0.225 points to trade at 15.535 at the close. Allianz SE VNA O.N. (DE:ALVG) declined 1.02% or 1.75 points to end at 169.55 and Heidelbergcement AG O.N. (DE:HEIG) was down 0.84% or 0.7400 points to 87.3900.

The top performers on the MDAX were Leoni AG (DE:LEOGn) which rose 7.39% to 47.055, CTS Eventim AG (DE:EVDG) which was up 4.67% to settle at 35.955 and Rheinmetall AG (DE:RHMG) which gained 4.04% to close at 76.000.

The worst performers were Wacker Chemie O.N. (DE:WCHG) which was down 2.42% to 98.60 in late trade, Salzgitter AG (DE:SZGG) which lost 1.58% to settle at 33.390 and K+S AG NA O.N. (DE:SDFGn) which was down 1.35% to 21.185 at the close.

The top performers on the TecDAX were United Internet AG NA (DE:UTDI) which rose 5.88% to 41.400, Pfeiffer Vacuum Technology O.N. (DE:PV) which was up 3.66% to settle at 113.20 and Dialog Semiconductor (DE:DLGS) which gained 3.11% to close at 50.520.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 2.22% to 13.020 in late trade, Slm Solution G (DE:AM3D) which lost 2.06% to settle at 37.27 and RIB Software AG Na (DE:RIB) which was down 1.52% to 12.005 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 372 to 355 and 20 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; up 9.35% or 1.600 to 18.705. Shares in Leoni AG (DE:LEOGn) rose to 52-week highs; up 7.39% or 3.240 to 47.055. Shares in CTS Eventim AG (DE:EVDG) rose to 52-week highs; gaining 4.67% or 1.605 to 35.955. Shares in Rheinmetall AG (DE:RHMG) rose to all time highs; rising 4.04% or 2.950 to 76.000. Shares in Pfeiffer Vacuum Technology O.N. (DE:PV) rose to 52-week highs; rising 3.66% or 4.00 to 113.20.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.53% to 14.85.

Gold Futures for April delivery was up 0.09% or 1.15 to $1248.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.13% or 0.06 to hit $47.76 a barrel, while the May Brent oil contract fell 0.06% or 0.03 to trade at $50.53 a barrel.

EUR/USD was up 0.25% to 1.0810, while EUR/GBP rose 0.46% to 0.8652.

The US Dollar Index Futures was down 0.13% at 99.43.

Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.10%

Investing.com – Sweden stocks were lower after the close on Friday, as losses in the Oil&Gas, Healthcare and Financials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 0.10%.

The best performers of the session on the OMX Stockholm 30 were Telefonaktiebolaget LM Ericsson B (ST:ERICb), which rose 1.25% or 0.72 points to trade at 58.27 at the close. Meanwhile, ASSA ABLOY AB ser. B (ST:ASSAb) added 0.94% or 1.7 points to end at 182.0 and Atlas Copco AB ser. B (ST:ATCOb) was up 0.80% or 2.2 points to 278.4 in late trade.

The worst performers of the session were Electrolux, AB ser. B (ST:ELUXb), which fell 1.88% or 4.5 points to trade at 234.4 at the close. SSAB AB ser. A (ST:SSABa) declined 1.72% or 0.62 points to end at 35.46 and Skanska AB ser. B (ST:SKAb) was down 1.18% or 2.50 points to 209.20.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 377 to 306 and 77 ended unchanged.

Shares in Atlas Copco AB ser. B (ST:ATCOb) rose to all time highs; rising 0.80% or 2.2 to 278.4.

Crude oil for May delivery was up 0.15% or 0.07 to $47.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May unchanged 0.00% or 0.00 to hit $50.56 a barrel, while the April Gold Futures contract rose 0.08% or 1.05 to trade at $1248.25 a troy ounce.

EUR/SEK was up 0.04% to 9.5252, while USD/SEK fell 0.16% to 8.8117.

The US Dollar Index Futures was down 0.12% at 99.44.

Norway stocks lower at close of trade; Oslo OBX down 0.13%

Investing.com – Norway stocks were lower after the close on Friday, as losses in the Food, Beverages&Tobacco, Healthcare Equipment&Services and Capital Goods sectors led shares lower.

At the close in Oslo, the Oslo OBX lost 0.13%.

The best performers of the session on the Oslo OBX were DNO International ASA (OL:DNO), which rose 3.10% or 0.21 points to trade at 6.99 at the close. Meanwhile, Seadrill Limited (OL:SDRL) added 1.67% or 0.20 points to end at 12.19 and Aker BP ASA (OL:AKERBP) was up 1.66% or 2.30 points to 140.70 in late trade.

The worst performers of the session were Lerøy Seafood Group ASA (OL:LSG), which fell 4.15% or 17.3 points to trade at 399.7 at the close. SalMar ASA (OL:SALM) declined 2.66% or 5.40 points to end at 197.30 and P/f Bakkafrost (OL:BAKKA) was down 2.65% or 7.80 points to 286.80.

Falling stocks outnumbered advancing ones on the Oslo Stock Exchange by 93 to 80 and 28 ended unchanged.

Crude oil for May delivery was up 0.15% or 0.07 to $47.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.02% or 0.01 to hit $50.55 a barrel, while the April Gold Futures contract rose 0.08% or 1.05 to trade at $1248.25 a troy ounce.

EUR/NOK was up 0.21% to 9.1706, while USD/NOK fell 0.03% to 8.4841.

The US Dollar Index Futures was down 0.12% at 99.44.

Gold turns positive on healthcare vote jitters

Investing.com - Gold prices traded slightly above break even on Friday, buoyed by a dip in the dollar, as weaker than expected economic data and fears that President Trump failed to secure enough Republican votes to push a key healthcare bill through congress weighed on the greenback.

The outcome of a vote on a bill to repeal and replace parts of Obamacare remained front and centre on Friday, as investors worried that a negative outcome would cast a doubt on Trump’s ability to push through more ‘market sensitive’ legislation such as a tax reform.

Gold for April delivery on the Comex division of the New York Mercantile Exchange gained $0.65 or 0.04%, to trade at $1,243.85 a troy ounce by 12:54 EDT. The yellow metal remained on track for a second weekly gain.

A slump in the dollar to near seven-week lows continued to lend support to dollar-denominated gold, as dollar weakness tends to increase demand for the yellow metal from holders of other currencies.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, lost 0.06% to 99.50 by 12:43 EDT, as a weaker than expected core durable goods print for February weighed on sentiment.

The Commerce Department said on Friday, orders for core durable goods, a category that excludes aircraft and military goods, rose 0.4% in February, which was less than economists’ forecast of a 0.5% rise.

Elsewhere, silver futures rose 0.76% to $17.727, a troy ounce while copper sank 0.62% to $2.628.

Platinum fell 0.08% to $966.60 while Natural Gas tacked on 0.62% to trade at $3.070.

Greece stocks lower at close of trade; Athens General-Composite down 0.77%

Investing.com – Greece stocks were lower after the close on Friday, as losses in the Banking, Oil&Gas and Telecoms sectors led shares lower.

At the close in Athens, the Athens General-Composite lost 0.77%.

The best performers of the session on the Athens General-Composite were AS Company SA (AT:ASCr), which rose 6.81% or 0.051 points to trade at 0.800 at the close. Meanwhile, Intracom Hold (AT:INRr) added 3.86% or 0.014 points to end at 0.377 and Grivalia Properties REIC (AT:GRIr) was up 1.86% or 0.15 points to 8.21 in late trade.

The worst performers of the session were Selonda Aquaculture SA (AT:SELr), which fell 8.12% or 0.0130 points to trade at 0.1470 at the close. Revoil Petrol (AT:REVr) declined 7.32% or 0.024 points to end at 0.304 and Eurobank Ergasias SA (AT:EURBr) was down 4.58% or 0.024 points to 0.500.

Rising stocks outnumbered declining ones on the Athens Stock Exchange by 55 to 51 and 18 ended unchanged.

Shares in Grivalia Properties REIC (AT:GRIr) rose to 52-week highs; rising 1.86% or 0.15 to 8.21.

Gold Futures for April delivery was up 0.10% or 1.25 to $1248.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.10% or 0.05 to hit $47.75 a barrel, while the May Brent oil contract fell 0.04% or 0.02 to trade at $50.54 a barrel.

EUR/USD was up 0.25% to 1.0810, while EUR/GBP rose 0.52% to 0.8657.

The US Dollar Index Futures was down 0.11% at 99.45.

Dollar edges lower ahead of U.S. healthcare vote

Investing.com - The dollar edged lower against other major currencies on Friday, after the release of tepid U.S. durable goods orders data and as investors remained cautious ahead of a highly-anticipated vote on U.S. President Donald Trump’s healthcare bill scheduled later in the day.

EUR/USD rose 0.22% to 1.0807, off a three-day low of 1.0761 hit earlier in the session.

The U.S. Commerce Department said durable goods orders increased by 1.7% last month, compared to' expectations for a gain of 1.2%.

Core durable goods orders, which exclude volatile transportation items, rose by 0.4% last month, slightly below forecasts for a 0.4% gain.

But sentiment on the dollar remained vulnerable after Trump warned House Republican lawmakers that he will leave Obamacare in place and move on to tax reform if they do not approve new healthcare legislation in a vote on Friday.

The healthcare vote is seen by investors as a test of his ability to implement key campaign promises such as tax reform and infrastructure spending.

Meanwhile, the euro was supported after market research group Markit earlier said its flash euro zone composite purchasing managers’ index, which measures the combined output of both the manufacturing and service sectors, increased to a six-year high of 56.7 in March from 56.0 in February.

Analysts had expected the index to drop to 55.8 this month.

The report came shortly after data showed that German private sector growth hit its strongest level in nearly six years.

Elsewhere, GBP/USD slid 0.29% to 1.2485, off the previous session’s one-month peak of 1.2532.

USD/JPY edged up 0.08% to 111.02, off Thursday’s four-month trough of 110.63, while USD/CHF fell 0.21% to 0.9911.

The Australian and New Zealand dollars were steady, with AUD/USD down 0.05% at 0.7623 and with NZD/USD up only 0.03% at 0.7032.

Earlier Friday, Statistics New Zealand said the country’s trade deficit narrowed to NZ$18 million last month from NZ$257 million in January, whose figure was revised from a previously estimated deficit of NZ$285 million.

Analysts had expected the trade balance to swing into a surplus of NZ$160 million in February.

Meanwhile, USD/CAD edged up 0.16% to trade at 1.3373.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.08% at 99.48, just off Wednesday’s six-week trough of 99.34.

Mexican retail sales 4.9% vs. 5.1% forecast

Retail sales in Mexico fell more-than-expected last month, official data showed on Friday.

In a report, Insituto Nacional de Estadistica Y Geografia said that Mexican Retail Sales fell to a seasonally adjusted 4.9%, from 9.0% in the preceding month.

Analysts had expected Mexican Retail Sales to fall to 5.1% last month.

U.S. business activity registers slowest expansion in 6 months in March

Investing.com – Business activity in the U.S. private sector expanded at its slowest pace in six months in March, dampening optimism over the American economy, according to preliminary data released on Friday.

In a report, market research group Markit said that its flash services purchasing managers’ index (PMI) eased to 52.9 in March, from the prior month’s reading of 53.8. That was a six month low.

Analysts had expected the reading to increase to 54.2.

Services make up approximately 80% of the U.S. economy which makes the data key for interpreting growth.

Markit also said that its flash manufacturing purchasing managers’ index (PMI) fell to 53.4 in March from the prior month’s final reading of 54.2. That was a five month low.

Analysts had expected an increase to 54.8.

The composite PMI, including activity in both sectors, fell to 53.2 from February’s reading of 54.1. That was a six-month low.

On the indices, a reading above 50.0 indicates expansion, below indicates contraction.

IHS Markit chief economist Chris Williamson indicated that the slowdown for a second straight month suggested that the economy is struggling to sustain momentum and that the survey results were consistent with GDP growth of 1.7% for the first three months of 2017, compared to 1.9% in the fourth quarter of 2016.

Following the report, EUR/USD traded at 1.0796 from 1.0799 prior to the release, GBP/USD was at 1.2479 from 1.2482 earlier, while USD/JPY was at 111.23 compared to 111.21 previously.

The US dollar index, which tracks the greenback against a basket of six major rivals, was at 99.57, compared to 99.56 ahead of the report.

Meanwhile, U.S. stocks were trading higher after the open. The Dow 30 gained 45 points or 0.22%, the S&P 500 rose 7 points, or 0.28%, while the tech-heavy Nasdaq Composite advanced 34 points or 0.58%.

Elsewhere, in the commodities market, gold futures traded at $1,247.35 a troy ounce, compared to $1,244.25 ahead of the data, while crude oil changed hands at $47.91 compared to $47.83 previously.

USD/CAD trims gains, healthcare bill on tap

Investing.com - The U.S. dollar trimmed gains against its Canadian counterpart on Friday, after the release of positive inflations data from Canada and as investors were awaiting a key vote on U.S. President Donald Trump’s healthcare bill later in the day.

USD/CAD pulled away from 1.3383, the pair’s highest since Wednesday, to hit 1.3361 during early U.S. trade, steady for the day.

The pair was likely to find support at 1.3316, Thursday’s low and resistance at 1.3409, Wednesday’s high.

Statistics Canada reported that the consumer price index rose 0.2% in February, in line with forecasts and after a 0.9% increase in January.

Year-on-year, consumer prices advanced 2.0% last month, compared to expectations for a 2.1% rise.

Core CPI, which excludes food and energy, rose by 0.4% in February.

In the U.S., the Commerce Department said durable goods orders increased by 1.7% last month, compared to' expectations for a gain of 1.2%.

Core durable goods orders, which exclude volatile transportation items, rose by 0.4% last month, slightly below forecasts for a 0.4% gain.

But sentiment on the dollar remained vulnerable after Trump warned House Republican lawmakers that he will leave Obamacare in place and move on to tax reform if they do not approve new healthcare legislation in a vote on Friday.

The healthcare vote is seen by investors as a test of his ability to implement key campaign promises such as tax reform and infrastructure spending.

The loonie was lower against the euro, with EUR/CAD gaining 0.28% to 1.4433.

Dollar index little changed after tepid U.S. data

Investing.com - The dollar was little changed against other major currencies on Friday, after the release of tepid U.S. durable goods orders data and as investors remained cautious ahead of a highly-anticipated vote on U.S. President Donald Trump’s healthcare bill.

EUR/USD was up 0.14% at 1.0798, off a three-day low of 1.0761 hit earlier in the session.

The U.S. Commerce Department said durable goods orders increased by 1.7% last month, compared to' expectations for a gain of 1.2%.

Core durable goods orders, which exclude volatile transportation items, rose by 0.4% last month, slightly below forecasts for a 0.4% gain.

But sentiment on the dollar remained vulnerable after Trump warned House Republican lawmakers that he will leave Obamacare in place and move on to tax reform if they do not approve new healthcare legislation in a vote on Friday.

The healthcare vote is seen by investors as a test of his ability to implement key campaign promises such as tax reform and infrastructure spending.

Meanwhile, the euro was supported after market research group Markit earlier said its flash euro zone composite purchasing managers’ index, which measures the combined output of both the manufacturing and service sectors, increased to a six-year high of 56.7 in March from 56.0 in February.

Analysts had expected the index to drop to 55.8 this month.

The report came shortly after data showed that German private sector growth hit its strongest level in nearly six years.

Elsewhere, GBP/USD slid 0.32% to 1.2481, off the previous session’s one-month peak of 1.2532.

USD/JPY edged up 0.11% to 111.04, off Thursday’s four-month trough of 110.63, while USD/CHF held steady at 0.9926.

The Australian and New Zealand dollars were weaker, with AUD/USD down 0.18% at 0.7612 and with NZD/USD shedding 0.24% to 0.7013.

Earlier Friday, Statistics New Zealand said the country’s trade deficit narrowed to NZ$18 million last month from NZ$257 million in January, whose figure was revised from a previously estimated deficit of NZ$285 million.

Analysts had expected the trade balance to swing into a surplus of NZ$160 million in February.

Meanwhile, USD/CAD edged up 0.13% to trade at 1.3369.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 99.53, not far from Wednesday’s six-week trough of 99.34.

Canadian inflation rises as expected in February

Investing.com – Canadian inflation increased in line with expectations in February, according to official data released on Friday.

According to the report from Statistics Canada, consumer price index (CPI) for February increased 0.2% from the previous month, in line with forecasts and after a 0.9% increase in January.

Year-on-year, CPI advanced 2.0% last month, compared to expectations for a 2.1% rise that matched January’s reading.

Core inflation, which excludes food and energy, rose by 0.4% in February, after a previous gain of 0.5%.

Year-on-year, core CPI advanced 1.7% in February, in line with the gain seen the prior month.

The Canadian economy has made good progress since the plunge in oil prices in 2014, but slack and risks remain, a deputy governor of the Bank of Canada (BoC) said Tuesday.

The BoC’s next monetary policy announcement is scheduled for Wednesday, April 12.

After the report, which was released simultaneously with U.S. durable goods orders, USD/CAD traded at 1.3378, compared to 1.3352 prior to the release.

U.S. durable goods orders 1.7% vs. 1.2% forecast

U.S. durable goods orders rose more-than-expected last month, official data showed on Friday.

In a report, the Census Bureau said that durable goods orders rose to 1.7%, from 2.3% in the preceding month whose figure was revised up from 2.0%.

Analysts had expected durable goods orders to rise 1.2% last month.

Canadian consumer price inflation 0.2% vs. 0.2% forecast

Consumer price inflation in Canada rose last month, official data showed on Friday.

In a report, Statistics Canada said that Canadian consumer price inflation rose to 0.2% on a monthly basis and before seasonal adjustment, from 0.9% in the preceding month.

Analysts had expected Canadian consumer price inflation to rise 0.2% last month.

Oil higher but supply glut concerns persist

Investing.com - Oil was higher Friday but global supply glut concerns persisted.
U.S. crude was up 33 cents, or 0.69%, at $48.03 at 08:00 ET. Brent crude added 25 cents, or 0.49%, to $50.81.
Market volatility has been marked by the merits of compliance with output cuts by major producers set aside higher U.S. inventories and supply.
U.S. crude inventories currently stand at a record 533.1 million barrels.
||Baker Hughes}} rig count data are due out later in the session.
The market received some support from a report Saudi Arabia is expected to reduce oil shipments to the U.S. this month.
OPEC and non-OPEC producers have agreed to cut output by 1.8 million barrels a day in the first half.
The adherents to the agreement are due to meet this weekend in Kuwait to discuss compliance with the cuts.
No decision on an extension of the accord beyond June is expected until May.
Despite Friday's bounce back, oil remained on track for its third straight weekly loss.

Crude moves higher but supply glut concerns persist

Investing.com - U.S. oil prices moved higher on Friday, following news of a decline in Saudi oil exports to the U.S., although concerns over high U.S. production and inventories continued to weigh.

U.S. crude futures for May delivery were up 0.50% at $47.94 a barrel, not far from Wednesday’s four-month low of $47.08.

On the ICE Futures Exchange in London, the May Brent contract advanced 0.40% to trade at $50.75 a barrel, still close to Wednesday’s four-month trough of $49.73.

Crude prices were boosted after Saudi Arabia said its crude exports to the United States in March would fall by around 300,000 barrels per day (bpd) from February, in line with the Organization of the Petroleum Exporting Countries’ agreement to reduce supply.

However, to other major consumer regions, Saudi exports remain high.

But traders were still cautious after the U.S. Energy Information Administration said in its weekly report on Wednesday that crude oil inventories rose by 5.0 million barrels last week to an all-time high of 533.1 million.

Oil prices have dropped this month amid concerns the ongoing rebound in U.S. shale production could derail efforts by other major producers to rebalance global oil supply and demand.

OPEC and other oil producers including Russia agreed last November to cut output by 1.8 million bpd during the first half of the year in order to reduce global supply.

OPEC's latest monthly report showed global oil stocks in January rose to 278 million barrels above the five-year average.

Euro above $1.08 as euro-zone PMI hits highest level in six years

Investing.com - The euro moved back above $1.08 as the euro-zone composite PMI hit its highest level in six years.
The single currency was up 0.19% at $1.0804 at 07.15 ET after an intraday low of $1.0761.
Markit's composite PMI in March rose to 56.7 from 56.0 the previous month.
The composite PMI, which combined services and manufacturing, was forecast to fall to 55.8.
German and French PMIs also beat estimates.
"The eurozone economy’s throttle opened further in March, " IHS Markit chief economist Chris Williamson said.
The dollar index was down 0.03% at 99.53.

Sri Lanka stocks higher at close of trade; CSE All-Share up 0.27%

Investing.com – Sri Lanka stocks were higher after the close on Friday, as gains in the Beverages&Tobacco, Manufacturing and Construction&Engineering sectors led shares higher.

At the close in Colombo, the CSE All-Share added 0.27%.

The best performers of the session on the CSE All-Share were Ceylon Printers PLC (CM:CPRT), which rose 20.00% or 10.00 points to trade at 60.00 at the close. Meanwhile, Amana Takaful PLC (CM:ATL) added 16.67% or 0.100 points to end at 0.700 and Royal Palms Beach Hotels PLC (CM:RPBH) was up 14.00% or 2.80 points to 22.80 in late trade.

The worst performers of the session were Serendib Land PLC (CM:SLND), which fell 17.83% or 296.20 points to trade at 1365.00 at the close. Ceylon Hospitals PLC (CM:CHL) declined 17.13% or 15.50 points to end at 75.00 and Adam Investments Ltd (CM:ADAM) was down 16.67% or 0.100 points to 0.500.

Rising stocks outnumbered declining ones on the Colombo Stock Exchange by 99 to 72 and 59 ended unchanged.

Shares in Ceylon Hospitals PLC (CM:CHL) fell to 3-years lows; down 17.13% or 15.50 to 75.00. Shares in Adam Investments Ltd (CM:ADAM) fell to all time lows; down 16.67% or 0.100 to 0.500.

Crude oil for May delivery was up 0.61% or 0.29 to $47.99 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.51% or 0.26 to hit $50.82 a barrel, while the April Gold Futures contract fell 0.24% or 3.05 to trade at $1244.15 a troy ounce.

GBP/LKR was down 0.34% to 189.700, while USD/LKR fell 0.10% to 151.790.

The US Dollar Index Futures was down 0.08% at 99.48.

Dollar index turns lower amid U.S. political woes

Investing.com - The dollar turned lower against other major currencies on Friday, as investors remained cautious ahead of a highly-anticipated vote on U.S. President Donald Trump’s healthcare bill and as strong euro zone data sent the single currency broadly higher.

EUR/USD was up 0.22% at 1.0807, off a three-day low of 1.0761 hit earlier in the session.

The single currency was boosted after market research group Markit said its flash euro zone composite purchasing managers’ index, which measures the combined output of both the manufacturing and service sectors, increased to a six-year high of 56.7 in March from 56.0 in February.

Analysts had expected the index to drop to 55.8 this month.

The report came shortly after data showed that German private sector growth hit its strongest level in nearly six years.

Meanwhile, sentiment on the dollar remained vulnerable after Trump warned House Republican lawmakers that he will leave Obamacare in place and move on to tax reform if they do not approve new healthcare legislation in a vote on Friday.

The healthcare vote is seen by investors as a test of his ability to implement key campaign promises such as tax reform and infrastructure spending.

Elsewhere, GBP/USD slipped 0.25% to 1.2490, off the previous session’s one-month peak of 1.2532.

The pound had strengthened broadly on Thursday thanks to a stronger than expected rise in U.K. retail sales last month.

USD/JPY held steady at 111.00, off Thursday’s four-month trough of 110.63, while USD/CHF fell 0.23% to 0.9910.The Australian and New Zealand dollars were weaker, with AUD/USD down 0.12% at 0.7618 and with NZD/USD shedding 0.21% to 0.7015.

Earlier Friday, Statistics New Zealand said the country’s trade deficit narrowed to NZ$18 million last month from NZ$257 million in January, whose figure was revised from a previously estimated deficit of NZ$285 million.

Analysts had expected the trade balance to swing into a surplus of NZ$160 million in February.

Meanwhile, USD/CAD eased up 0.08% to trade at 1.3363.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.10% at 99.46, off session highs of 99.81 and not far from Wednesday’s six-week trough of 99.34.

Euro Zone Services PMI 56.5 vs. 55.3 forecast

Euro zone service sector activity rose unexpectedly in the last quarter, industry data showed on Friday.

In a report, markit said that Euro Zone Services PMI rose to 56.5, from 55.5 in the preceding quarter.

Analysts had expected Euro Zone Services PMI to fall to 55.3 in the last quarter.