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Hilbroy Advisory: European stocks mostly fall on easing Egypt tensions
Hilbroy Advisory: European stocks mostly fall on easing Egypt tensions
Traders said recent sustained gains left stocks vulnerable, with concerns over inflation emerging to provide a ready excuse to sell as investors consolidate positions.
Montreal,
Quebec,
Canada
(prbd.net)
15/02/2011
Montreal, Quebec, February 14, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports : Europe's main stock markets fell down on Monday despite gains in Asia on an easing of political tensions in Egypt as markets digested mixed economic data, especially signs of inflation pressures.
Traders said recent sustained gains left stocks vulnerable, with concerns over inflation emerging to provide a ready excuse to sell as investors consolidate positions. The Stoxx 50 index of leading eurozone companies dropped 0.29 percent to 3,015.65 points approaching the half-way mark.
Traders also reacted to news that eurozone industrial output fell for the first time in three months in December, when harsh winter weather hit production in Germany and elsewhere. Industrial production fell 0.1 percent from November but was 8.0 percent stronger than in December 2009, the European Union's Eurostat agency said Monday.
The December figures were slightly weaker than the market consensus estimate of flat output on the month and an 8.1 percent increase on the year in a Dow Jones Newswires survey of economists. Earlier Monday, Asian markets closed higher thanks partly to the easing of Egypt's political crisis, although there was caution about upcoming Chinese inflation data while oil prices remained high, analysts said.
Tokyo's Nikkei climbed 1.13 percent to 10,725.54 points despite data showing Japan's economy contracted 1.1 percent in the last quarter of 2010. The data confirmed Japan had lost its 42-year-old spot as the world's number two economy to China.
The market partly responded to a modest gain on Wall Street last Friday, when optimism about US economic prospects was compounded by relief at the resignation of Mubarak after weeks of unrest. The Dow Jones Industrial Average rose 0.36 percent to finish at 12,273.26 points ahead of the weekend.
About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking
• Go Public strategy,
• Debt and or equity financing
• Identify prospective investors
• Hire investor relations firm
• Cross listing decisions
• Planning road-shows and promotional campaigns.
Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.
Contact:
Jean François Amyot
HilbroyAdvisory, Inc.
1400 rue Begin
Montreal, QC H4R 1X1
info@hilbroyadvisory.com
www.hilbroyadvisory.com
Tel: 514-334-3131
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
About
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
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