» UK markets closed lower yesterday, as downbeat comments from the Bank of England and disappointing Chinese manufacturing data dampened spread betting investors’ sentiment.
» Among banking sector stocks, Barclays, Royal Bank of Scotland and Lloyds Banking Group slipped between 1.7% and 3.3%, after Bank of England’s December Financial Stability Report indicated an “exceptionally threatening environment” for financial lenders.
» Among mining stocks, Rio Tinto, Antofagasta and BHP Billiton dropped between 1.1% and 1.3%, after manufacturing activity in China showed a contraction in November.
» Vedanta Resources shed 0.8%, after Credit Suisse cut its rating on the stock to “Neutral” from “Outperform”.
» Engineering firm, IMI, the top laggard on the FTSE 100 index, declined 4.9%, while GKN lost 1.9%, after disposing its aerospace engineering services business in the UK and Australia.
» FTSE 100 fell 0.3% to 5,489.3. FTSE 250 lost 1.1% to settle at 10,203.8.
Where to Spread Bet on UK Shares
FTSE 100 Shares
FTSE 250 Shares
Spread betting markets on European Shares may also be available through other companies. Notes.
US Shares News - 02 Dec 11
» US markets closed mostly lower yesterday, as data showing a rise in US weekly jobless claims benefits overshadowed better-than-forecasted manufacturing growth in November.
» Financials, Wells Fargo, JPMorgan and Citigroup lost between 0.9% and 1.8%, as Massachusetts sued some of the largest lenders over their foreclosure practices.
» Kohl's Corp, the biggest decliner on the S&P 500 index, retreated 6.4%, after its November sales missed market expectation.
» Alcoa, the second top loser on the DJIA index, lost 2.1% as commodities prices lost ground.
» Yahoo rose 3.3%, amid reports that a private-equity backed group might make a bid for the company.
» Wireless network provider, Clearwire jumped 14.0%, after its major customer, Sprint Nextel agreed to pay $1.6 billion over the next four years, easing worries over a liquidity crisis.
» DJIA fell 0.2% to 12,020.0. NASDAQ rose 0.2% to 2,626.2. S&P 500 slipped 0.2% to 1,244.6.
Where to Spread Bet on US Shares
Wall Street Shares
S+P 500 Shares
Nasdaq 100 Shares
Spread betting markets on US Shares may also be available through other companies. Notes.
Asian Shares News - 02 Dec 11
» Asian markets are trading mostly lower this morning, as investors remain concerned about the pace of the global economic recovery. This came ahead of the release of the key US jobs report and German Chancellor Angela Merkel’s speech on the debt crisis.
» In Japan, homebuilders, Kajima, Obayashi and Fukuda traded higher, after the Japanese cabinet announced a ¥2 trillion package to help Japan recover from the March earthquake and boost corporate earnings.
» DeNA gained value, after Credit Suisse initiated coverage on the stock with an “Outperform” rating.
» In Hong Kong, China Southern Airlines lost value, on news that the Chinese government has raised wholesale jet fuel prices.
» Homebuilder, China Vanke paced losses, after China’s home prices fell for a third month in November.
» In South Korea, SK and S oil paced declines in line with a fall in crude oil prices.
» Nikkei 225 index is trading 0.5% higher, at 8,642.4. Hang Seng index is trading 0.5% lower at 18,909.1, while the Kospi index is trading 0.4% lower at 1,908.5.
Spread Betting Markets
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'Alcoa Spread Betting Market Tracks Commodity Prices Lower', Article by ETX Capital, last update: 2-Dec-11
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