» Shares spread betting markets dropped sharply yesterday, amid concerns that the Eurozone sovereign debt crisis is intensifying after Spanish and French bond yields surged to euro-era high levels at the recent debt auction.
» Vedanta Resources, the top laggard on the FTSE 100 spread betting index, declined 6.9%, while BHP Billiton, Anglo American and Rio Tinto lost between 2.8% and 3.5%, as base metal prices lost ground.
» Among banking stocks, Barclays, Royal Bank of Scotland and Lloyds Banking Group slipped between 2.6% and 4.6%, amid concerns over global economic growth.
» Travel sector stock, Carnival dropped 4.3%, amid worries over rising fuel cost and after HSBC initiated coverage on the stock with “Neutral” rating.
» Imperial Tobacco retreated 2.9%, as Nomura downgraded the stock to “Reduce” from “Add”.
» FTSE 100 shed 1.6% to end at 5,423.1. FTSE 250 lost 1.2% to settle at 10,150.3.
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 - 18 Nov 11
» American stocks closed lower yesterday, shrugging off upbeat data on labour and housing sector, amid persisting worries over the Eurozone debt crisis and as US policymakers failed to reach a consensus to reduce the American deficit.
» NetApp, the top laggard on the S&P 500 index, declined 12.3%, as its second-quarter earnings missed market expectations.
» Investment bank, Jefferies Group dropped 2.0%, amid concerns over its relatively small size and its exposure to the European sovereign debt.
» Retailer, Sears Holdings shed 4.6%, as it reported a wider-than-expected loss in its third quarter.
» Applied Materials lost 7.5%, as its forecasts trailed estimates. Alcoa declined 3.5%, and emerged as the top loser on the DJIA index, amid concerns over the pace of global economic growth.
» Eastman Kodak fell 6.3%, amid report that the company is mulling to dispose its online photo-sharing business in an effort to raise funds.
» DJIA lost 1.1% to close at 11,770.7. NASDAQ declined 2.0% to settle at 2,588.0. S&P 500 retreated 1.7% to end at 1,216.1.
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 - 18 Nov 11
» Asian markets are trading lower this morning, led by losses in banking and metal sector stocks, amid mounting concerns about the European sovereign debt crisis.
» In Japan, metal sector stocks, Sumitomo Metal Mining and Mitsui Mining & Smelting paced losses, tracking a fall in base metal prices.
» Exporters, Sony, Mitsubishi Motors and Honda Motor traded lower, as the yen traded higher against the dollar.
» In Hong Kong, Bank of China and ICBC, paced declines, after the China Banking Regulatory Commission highlighted that banks should cut “high-risk” loans to developers.
» Homebuilders, China Vanke and Agile Property traded lower, after China Securities journal stated that developers might cut house prices in more cities.
» In South Korea, Lotte Shopping lost value, as sluggish department store sales raised concerns about its profitability.
» Nikkei 225 index is trading 1.3% lower, at 8,368.1. Hang Seng index is trading 1.8 % lower at 18,476.2, while the Kospi index is trading 2.2% lower, at 1,834.7.
Spread Betting Markets
For more news and data on today's markets also see:
As a small percentage of the total contract value is required as deposit, your profit or loss can rapidly exceed that deposit. Seek advice if you don't fully understand the risks. Spread bets and CFDs carry high risk and are not suitable for everyone.
Advert:ETX Capital - Spread Betting and CFDs
- Thousands of markets, Indices, Forex, Shares, Commodities and more »
ETX Capital
The above content does not constitute investment advice, it is provided purely for information purposes and is delivered as a personal view of the writer. Neither the contributing company (or writer) nor Online-Spread-Betting.com accepts any responsibility for any use that may be made of the content.
'Shares Spread Betting Markets Drop Sharply as Spanish Bond Yields Rise', Article by ETX Capital, last update: 18-Nov-11
Risk warning: As a small percentage of the total contract value is required as deposit, your profit or loss can rapidly exceed that deposit. Seek advice if you don't fully understand the risks. Spread bets and CFDs carry high risk and are not suitable for everyone.
ETX Capital is the trading name of Monecor (London) Limited which is authorised and regulated by the Financial Services Authority, registration number 124721.
Related articles:
Spread Betting Shares News, 23-May-12,
Daily shares news - a quick review of the latest news affecting the share prices of some of the largest UK, US, Asian companies. Daily shares news covers...see: Spread Betting Shares News
Spread Betting Share Trading, 22-May-12,
Daily share trading news with a look at the factors affecting the stocks and shares of the largest US, Asian and UK firms. The daily review includes...see: Spread Betting Share Trading
Looking to improve your trading results? Get free trading tips and trading analysis as well as the latest trading offers »
Trading News.
Risk Warning:
Spread Betting carries a high level of risk
to your capital and you can lose more than your initial investment,
it may not be suitable for all investors. Ensure you only
speculate with money that you can afford to lose and that you fully
understand the risks involved and seek independent financial advice where necessary.
Disclaimer:
Online-Spread-Betting.com does not endorse the information and
analysis available on this site. It is provided purely for information
purposes and is delivered as a personal view of the writer. Under no circumstances
is the information hereon to be used or considered as, an offer to sell, or a
solicitation of any offer to buy. The website content does not constitute investment
advice and neither the individual contributor nor Online-Spread-Betting.com accepts any
responsibility for any use that may be made of the content.
* Tax Free Trading:
Tax law is subject to change. It may also differ if you pay tax in a jurisdiction outside the UK.
