» UK markets ended lower yesterday, paring earlier gains, as weaker-than-expected data on US third-quarter GDP growth and a surge in Spanish government bond yields at the recent auction, dampened market sentiment.
» Royal Bank of Scotland emerged as the top laggard on the FTSE 100 index, easing 5.8%, while Lloyds Banking Group declined 4.4%. This came amid concerns after a report stated that Germany's Commerzbank might need additional capital of about €5 billion.
» ITV retreated 3.1%, after a broker reiterated its “Sell” recommendation on the stock.
» International Consolidated Airlines declined 5.2%, amid speculation that it would face a potential strike action from workers over the firm's plans to launch a new airline next year.
» Among mining stocks, Anglo American and Rio Tinto dropped 0.4% and 0.9%, respectively, as base metals prices declined on demand concerns.
» FTSE 100 edged down 0.3% to end at 5,206.8. FTSE 250 lost 0.7% to settle at 9,703.1.
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 - 23 Nov 11
» US markets ended lower yesterday, as a surge in Spanish government bond yields and a downward revision to the US third-quarter growth figures overshadowed signs that the US Federal Reserve might take additional steps to bolster the economy.
» Netflix dropped 5.4%, after it announced that it would raise $400 million of additional capital. JinkoSolar Holding shed 7.9%, as its third-quarter earnings plunged by 74%.
» Alcoa, the top decliner on the DJIA index, lost 2.2%, while Caterpillar, Intel and FedEx declined between 1.2% and 1.5%, as risk aversion increased among investors.
» Bank of America eased 2.2%, amid reports that it could face public enforcement action.
» Campbell Soup retreated 5.3%, after its first-quarter sales trailed projections.
» Hewlett-Packard slid 0.8%, after the company issued a downbeat earnings outlook for the current quarter and the next fiscal year.
» DJIA edged down 0.5% to close at 11,493.7. NASDAQ slipped 0.1% to settle at 2,521.3. S&P 500 edged 0.4% lower to 1,188.0.
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 - 23 Nov 11
» Asian markets are trading lower this morning, after preliminary PMI data showed that China’s manufacturing might contract this month.
» Weaker-than-expected US GDP growth and escalating concerns about the Eurozone weighed on market sentiment.
» In Hong Kong, building equipment-makers, Sany Heavy, Baoshan Iron & Steel and Anhui Conch Cement paced losses.
» Citic Securities and Haitong Securities traded lower, as trading values declined.
» Banking stocks, Hang Seng Bank, ICBC and HSBC Holdings paced declines, tracking a fall in their European and US peers.
» In South Korea, exporters, Kia Motors, Hyundai Motor and Samsung Electronics traded lower as a slowdown in global economy raised worries about future demand.
» Markets in Japan are closed on account of a public holiday. Hang Seng index is trading 1.9% lower at 17,913.5, while the Kospi index is trading 2.2% lower, at 1,786.9.
Spread Betting Markets
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'Risk Aversion Pushes Alcoa Spread Betting Market Down', Article by ETX Capital, last update: 23-Nov-11
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