» UK markets extended losses yesterday, led by mining and banking sector stocks, after data showed that China's economy in the third quarter, grew at the slowest pace since 2009.
» Among mining stocks, Rio Tinto skidded 4.3%, and emerged as the top laggard on the FTSE 100 index, amid worries over faltering global growth.
» Xstrata fell 1.3% after a mixed production update, while Randgold Resources retreated 1.8%, as gold prices lost ground.
» Among banking stocks, Royal Bank of Scotland fell 1.4%, after Morgan Stanley downgraded the stock to “Underweight”.
» Standard Chartered retreated 2.5%, after Singapore's investment company, Temasek Holdings, sold $513 million of exchangeable bonds.
» Retailer, Burberry declined 1.4%, as investors fretted over slowdown in sales in its key Chinese market.
» FTSE 100 dipped 0.5% to 5,410.4, while FTSE 250 slipped 0.7% to close at 10,178.9.
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 - 19 Oct 11
» US markets advanced yesterday, after the Guardian reported that France and Germany had agreed to expand eurozone’s rescue fund. Moreover, upbeat corporate earnings report overshadowed concerns about France’s credit rating.
» Goldman Sachs rallied 5.5%, after it reported a quarterly loss but announced that it was moving to cut costs, including employee pay.
» Homebuilders, Lennar, DR Horton and Pulte Group rose between 9.3% and 11.2%, after homebuilder sentiment climbed to its highest level in October.
» Intel and Apple, edged up 0.5% each, amid optimism, ahead of their quarterly results.
» Boeing rallied 2.7%, after Citigroup raised its price target on the stock.
» DJIA climbed 1.6% or 180.1 points to close at 11,577.0. NASDAQ rallied 1.6% or 42.5 points to settle at 2,657.4. S&P 500 gained 2.0% or 24.5 points to end at 1,225.4.
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 - 19 Oct 11
» Asian markets are trading higher this morning, tracking overnight gains on Wall Street, amid reports of an agreement to strengthen the eurozone's rescue fund.
» In Japan, banks, Mitsubishi UFJ Financial Group, Nomura Holdings and Shinsei Bank, gained values, amid easing concerns about the eurozone debt crisis.
» Oil exploration company, Japan Petroleum Exploration, traded higher, tracking overnight gains in crude oil prices.
» In Hong Kong, China Overseas Land & Investment, gained value after it posted a 47% rise in profit for the January-September period.
» Jiangxi Copper rose higher, tracking a rise in base metal prices.
» In South Korea, Hyundai Motor and Kia Motors posted gains amid positive expectations over their quarterly earnings.
» Refiner, SK Innovation, gained as crude oil prices rose.
» Nikkei 225 index is trading 0.6% higher, at 8,796.7. Hang Seng index gained 1.5%, to trade at 18,341.2, while the Kospi index is trading marginally higher, at 1,839.3.
Spread Betting Markets
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'Bank of America at Top of Dow Spreads on Profits Report', Article by ETX Capital, last update: 19-Oct-11
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