» UK markets retreated yesterday, led by a decline in mining and financial sector stocks, as a surge in Spanish and Italian government bond yields rekindled fear of a debt crisis.
» Retailer, Burberry, the top laggard on the FTSE 100 index, lost 5.2%, amid profit booking and as the company did not raise its profit forecasts, despite reporting a 26% rise in six-month adjusted profit.
» Among financial stocks, Lloyds Banking Group, Barclays and Royal Bank of Scotland slipped between 1.6% and 3.8%, amid uncertainty in the Eurozone.
» Essar Energy declined 4.7%, as a broker trimmed its earnings forecasts, citing project delays and cost escalation fears.
» Vedanta Resources retreated 1.1%, amid reports that it might bid for New Hope Corp, the Australian coal miner.
» Cable & Wireless Worldwide slumped 26.1%, after it suspended future dividend payments and named Gavin Darby as CEO.
» FTSE 100 fell marginally to 5,517.4. FTSE 250 inched 0.9% lower to 10,260.1.
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 - 16 Nov 11
» US markets closed higher yesterday, rebounding from earlier losses, after better-than-expected retail sales lifted spread betting market sentiment.
» Technical services firm, Jacobs Engineering, the top gainer on the S&P 500 index, rallied 7.9%, amid upbeat managerial assessment of the growth outlook for 2012.
» Dick's Sporting Goods rose 4.6%, after its third-quarter earnings more than doubled.
» Intel climbed 2.9% and led the semi-conductor sector higher, after Berkshire Hathaway invested in the company.
» Bank of America rose 1.3%, following its indication that its net credit card write-offs and delinquencies declined in October from September.
» Red Hat rallied 5.0%, after unveiling upgrades to its OpenShift cloud-development platform.
» Woodward jumped 14.0%, after its fourth-quarter results topped market estimates.
» DJIA edged up 0.1% to close at 12,096.2. Nasdaq gained 1.1% to settle at 2,686.2. S&P 500 inched 0.5% higher to end at 1,257.8.
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 - 16 Nov 11
» Asian markets are trading lower this morning, amid concerns that new Government in Italy would struggle to restrict the escalation of European sovereign debt crisis.
» In Japan, financial stocks, Nomura Holdings Sumitomo Mitsui Financial Group and Daiwa Securities paced losses, after the Bank of Japan cut its economic outlook on the country.
» Metal stocks, Sumitomo Metal Mining and Mitsui Mining & Smelting traded lower, as base metal prices retreated.
» In Hong Kong, homebuilders, China Overseas Land & Investment, Henderson Land Development and Hang Lung Properties traded lower after the IMF warned that Hong Kong property bubble might be dangerous.
» China Vanke lost value following report that it cut prices for a major residential project in Shanghai.
» In South Korea, exporters, Samsung Electronics and Hyundai Motor paced declines, amid weak prospects for their global sales.
» Nikkei 225 index is trading 0.7% lower, at 8,486.0. Hang Seng index is trading 1.9 % lower at 18,973.1, while the Kospi index is trading 0.6% lower, at 1,875.2.
Spread Betting Markets
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'Nasdaq Spread Betting Market Up on US Retail Sales Data', Article by ETX Capital, last update: 16-Nov-11
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