Stock Market Movers and Shakers in Q1

The markets took a stream of negative news and weak economic growth indicators in stride during the first quarter

Rouhan Sharma 3 April, 2013 | 5:52PM
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If there was a significant difference in Europe stock market action in the first quarter of 2013 compared with the previous few quarters, it was how little the major markets actually moved. And investors must be relieved, given the roller-coaster ride that equity markets took during much of 2012.

According to data from MSCI, for the quarter ended March 28, 2013, the French and German stock markets (Large + Mid Cap) lost 0.6% and 0.7% each, respectively. The UK’s FTSE 350 Index gained 0.6%.

The year started on a positive note as equities logged minor gains by the end of January. Stocks were given a boost after lawmakers in the US agreed on ways to avoid automatic tax increases known as the "fiscal cliff," and after ECB President Mario Draghi said economic activity was stabilising and that he expected a recovery in the second half.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
AstraZeneca PLC7,735.00 GBX0.72Rating
Bayer AG54.13 EUR0.41Rating
Bayerische Motoren Werke AG83.64 EUR0.30Rating
BNP Paribas54.78 EUR-0.24Rating
Capgemini SE155.10 EUR1.11Rating
Carrefour16.52 EUR-0.21Rating
Commerzbank AG5.61 EUR-0.43Rating
Credit Agricole SA12.87 EUR-1.67Rating
Deutsche Bank AG11.48 EUR0.95Rating
GlaxoSmithKline PLC1,355.60 GBX0.85Rating
Renault SA34.15 EUR-0.70Rating
Sainsbury (J) PLC251.20 GBX1.99Rating
Sanofi SA85.44 EUR1.35Rating
SAP SE117.36 EUR0.81Rating
Societe Generale SA24.91 EUR-0.06Rating
STMicroelectronics NV30.94 EUR2.84Rating
Tesco PLC227.50 GBX0.71Rating

About Author

Rouhan Sharma  Rouhan Sharma is an assistant site editor for Morningstar.com based in Mumbai, India.

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