» UK markets advanced on Friday, amid news that IMF members debated over strengthening its capital reserves to help contain Europe’s debt crisis.
» Additionally, markets also received boost as China’s inflation eased from its three-year high in September.
» Precious metal miner, Fresnillo climbed 1.9%, as silver spread betting prices rose. Among other mining stocks, Vedanta Resources, Kazakhmys, Antofagasta climbed between 1.2% and 3.7%, as base metal prices gained.
» BHP Billiton rose 1.9%, amid reports that it made a bid for Australian coal producer, Walter Energy.
» Energy stocks, Cairn Energy, BP and Tullow Oil, rallied between 2.5% and 4.7%, tracking a rise in oil prices.
» Among fund managers, Man Group, the top gainer on the FTSE 100 index, rallied 5.1%, while Ashmore climbed 3.1%, helped by bargain hunting.
» FTSE 100 advanced 1.2% to 5,466.4. FTSE 250 rose1.1% to close at 10,338.5.
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 - 17 Oct 11
» US markets closed higher on Friday, as optimism over corporate earnings and better-than-expected rise in US retail sales lifted market sentiments.
» Meeting by the G20 nations to discuss steps to tackle the European debt crisis also added to the positive sentiment.
» Infotainment equipment company, Harman International Industries, the top gainer on the S&P 500 index, surged 9.6%, after investment firm, Relational Investors and the California State Teachers' Retirement System raised their stakes in the company.
» Google rallied 5.9%, after its third quarter results surpassed market expectations.
» IBM gained 2.0%, after Collins Stewart raised its price target on the stock and Macquarie initiated coverage on the firm with an "Outperform" rating.
» Apple gained 3.3%, amid reports that its US sales for iPhone 4S was poised to reach 4 million units before the end of the same week.
» DJIA climbed 1.5% to 11,644.5. NASDAQ jumped 1.8% to 2,667.9. S&P 500 rose 1.7% to 1,224.6.
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 - 17 Oct 11
» Asian markets are trading higher this morning, tracking gains on Wall Street on Friday, and amid hopes that the European leaders would resolve the region’s debt crisis.
» In Japan, exporters, Sony, Sharp and Advantest, gained values, on better-than-expected rise in US retail sales and as the yen depreciated against the dollar.
» However, Olympus Corp. tumbled after several brokerages downgraded their rating on the stock.
» In Hong Kong, commodity stocks, Aluminum Corp. of China and Jiangxi Copper, gained values, tracking higher base metal prices.
» Banks, Bank of China and China Citic Bank, added values amid optimism that European leaders would announce a new plan to shore up the region's finances.
» In South Korea, refiner, SK Innovation, rallied after Samsung Securities stated that the shares are undervalued.
» Nikkei 225 index is trading 1.6% higher, at 8,891.8. Hang Seng index is trading 1.8% higher at 18,836.9, while the Kospi index is trading 1.1% higher, at 1,856.2.
Spread Betting Markets
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'Fresnillo Shares Track Silver Spread Betting Market Higher', Article by ETX Capital, last update: 17-Oct-11
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