» UK markets declined yesterday, as investors remained apprehensive about the outcome of the forthcoming EU summit, amid reports of a rift between France and Germany over the how to boost the eurozone rescue fund.
» Among, engineering stocks, IMI, the top laggard on the FTSE 100 index, slumped 5.6%, while Weir Group fell 1.5%, dragged down on demand concerns.
» Mining stocks, Anglo American and Kazakhmys slid 4.0% and 5.0%, respectively, as base metal prices fell.
» Rio Tinto lost 3.9%, as Natixis downgraded the stock to “Neutral” from “Buy”.
» Antofagasta slipped 3.4%, after Tethyan Copper, its joint venture with Barrick Gold, failed to get an extension for extraction in Baluchistan region.
» Energy stocks, BP, BG Group and Tullow Oil retreated between 1.6% and 3.6%, as oil prices lost ground.
» FTSE 100 fell 1.2% to 5,384.7, while FTSE 250 shed 1.2% to 10,111.1.
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 - 21 Oct 11
» US markets finished mostly higher yesterday, recovering from earlier session losses, as German and French leaders agreed to provide a “comprehensive” solution to the European debt crisis, ahead of the EU summit.
» Fifth Third Bancorp, the top gainer on the S&P 500 index, surged 9.1%, after its net income jumped more than doubled and profitability of loans improved in the third quarter.
» Nokia jumped 6.2%, after it reported a smaller-than-expected drop in its third-quarter profits.
» Philip Morris jumped 3.3%, after it raised prices in Japan.
» Voice communications solutions provider, Polycom, the top laggard on the NASDAQ, slumped 25.2%, as its third-quarter earnings fell short of market expectations.
» Dell fell 5.4%, amid concerns that flooding in Thailand could disrupt some electronic parts production for several quarters ahead.
» DJIA edged up 0.3% to 11,541.8. NASDAQ fell 0.2% to 2,598.6. S&P 500 gained 0.5% to 1,215.4.
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 - 21 Oct 11
» Asian markets are trading mixed this morning, as investors remained cautious over the prospects for Europe's bailout plan after reports stated that a final proposal has delayed until Wednesday.
» In Japan, carmaker, Mitsubishi Motors gained value after a report in the Nikkei business daily stated that the company’s operating profit would quadruple for April-September period.
» In Hong Kong, Citic Resources Holding traded higher after it accepted a bid from Peabody Energy and ArcelorMittal for its stake in Australia's Macarthur Coal.
» China Mobile lost value, after the company posted lower-than-expected rise in profit for January-September period.
» In South Korea, Korea gas rose after it discovered natural gas at a test well off Mozambique.
» LG Display gained value after positive comments from brokers.
» Nikkei 225 index is trading 0.1% lower, at 8,673.4. Hang Seng index gained 0.1%, to trade at 17,997.8, while the Kospi index is trading 1.1% up, at 1,824.7.
Spread Betting Markets
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'IMI Leads Laggards in FTSE Spread Trading on Demand Concerns', Article by ETX Capital, last update: 21-Oct-11
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