» UK markets dipped on Thursday, led by a decline in banking and mining sector stocks, amid a surge in French bond yields.
» Among mining stocks, Vedanta Resources, the top laggard on the FTSE 100 index, slumped 9.5%, after its first-half profit nosedived 92.0%.
» Rio Tinto and Antofagasta slipped 1.9% and 2.2%, respectively, tracking a fall in base metal prices.
» Randgold Resources dropped 4.0%, as gold prices lost ground. Admiral Group extended its losses, falling 7.6%, after Deutsche Bank downgraded the stock to “Hold” from “Buy”.
» Among banking stocks, HSBC continued its decline, sliding 1.9% in the wake of a sharp drop in its underlying profit.
» Barclays and Lloyds Banking Group lost 1.2% and 1.3%, respectively.
» Fund manager, Schroders retreated 2.6%, after its assets under management dropped 11.0% in the third quarter. Peer, Hargreaves Lansdown lost 2.6%.
» Engineering firm, Meggitt declined 4.3%, following a downgrade to “Neutral” from “Buy” at Citigroup.
» FTSE 100 edged down 0.3% to close at 5,444.8. FTSE 250 slid 0.8% to settle at 10,187.4.
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 - 11 Nov 11
» US markets closed higher yesterday, after weekly jobless claims fell to a seven-month low, and as worries over the contagion risk ebbed.
» Media major, Viacom, the top gainer on the S&P 500 index, rose 8.2%, after it reported fourth-quarter profit and revenue that beat analysts’ estimates, and augmented its share repurchase programme by $6 billion.
» Retailer, Kohl's gained 2.0%, after it lifted its full year profit outlook.
» Drug maker, Merck climbed 3.5%, after it increased its quarterly dividend for the first time in seven years by 11.0%.
» Technology bellwether firm, Cisco Systems jumped 5.7% and emerged as the biggest gainer on the Dow Jones index, after it gave an upbeat outlook for the current quarter.
» Wireless service provider, Sprint Nextel gained 3.7%, amid news of a surge in subscribers.
» DJIA climbed 1.0% to 11,893.8. NASDAQ rose 0.1% to 2,625.2. S&P 500 gained 0.9% to 1,239.7.
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 - 11 Nov 11
» Asian markets are trading higher this morning, taking cues from overnight gains on Wall Street, as concerns about the Eurozone debt crisis eased and after US initial jobless claims fell to the lowest level in seven months.
» In Japan, Fast Retailing traded higher, after it announced plans to open more stores in South Korea.
» In Hong Kong, banking stocks, Bank of Communications, Hang Seng Bank and Agricultural Bank of China paced gains, as risk appetite increased among investors.
» Coal Producer, China Shenhua Energy traded higher, following a report that the government would encourage mergers in the industry.
» In South Korea, Hynix Semiconductor gained value, after SK Telecom announced buying of a 20.0% stake in the company.
» Nikkei 225 index is trading 0.5% higher, at 8,542.9. Hang Seng index is trading 1.1% higher at 19,179.8, while the Kospi index is trading 2.4% higher, at 1,857.2.
Spread Betting Markets
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'Cisco Systems Top Riser in Dow Spreads on Positive Quarterly Outlook', Article by ETX Capital, last update: 11-Nov-11
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