» UK spread betting markets finished lower yesterday, paring early gains, after Germany damped expectations for a complete solution to the eurozone debt crisis at the forthcoming European Union summit.
» Security services contractor, G4S, the top laggard on the FTSE 100 index, slumped 22.1%, after it agreed to acquire Danish facilities services provider ISS.
» Among mining stocks, Rio Tinto, Xstrata and Antofagasta declined between 1.3% and 3.6%, as base metal prices fell.
» Financial stocks, Legal & General, Royal Bank of Scotland and Lloyds Banking declined between 0.6% and 2.5%, as worries about the eurozone debt contagion increased.
» Fund manager, Schroders dropped 1.3%, after UBS downgraded the stock to “Neutral” from “Buy”.
» Oil industry services group, AMEC, firmed up by 1.7%, after it bagged a contract worth £150 million.
» FTSE 100 dipped 0.5% or 29.7 points to settle at 5,436.7, while FTSE 250 retreated 0.9% or 88.1 points to close at 10,250.4.
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 Oct 11
» US markets plunged yesterday, after comments by a German official damped optimism of an imminent solution to the European debt crisis at the European Union summit.
» Among home builders, Pulte Group, the top laggard on the S&P 500 index, plunged 9.5%, while Beazer Homes USA and KB Home declined 4.3% and 5.8%, respectively, as Fitch lowered its ratings on their debt.
» Wells Fargo retreated 8.4%, as its third-quarter earnings missed market expectations.
» Canadian Solar plummeted 13.7%, after it slashed its third-quarter earnings outlook.
» Freeport-McMoRan Copper & Gold declined 4.5%, as it postponed production at its Grasberg mine in Indonesia.
» Citigroup slipped 1.7%, after S&P Equity Research cut its target price on the stock.
» DJIA plunged 2.1% to 11,397.0. NASDAQ shed 2.0% to 2,614.9. S&P 500 lost 1.9% to 1,200.9.
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 Oct 11
» Asian markets are trading lower this morning, as hopes for a fast resolution to the European debt crisis faded and after data showed that China’s economic growth slowed down in the third quarter.
» In Japan, NEC, Toshiba and Elpida Memory, lost values, as outlook for exporters weakened.
» Financial stock, Mitsubishi UFJ Financial Group dropped after its US peers, Citigroup and Wells Fargo, reported lower quarterly earnings.
» In Hong Kong, China Eastern Airlines dropped after the airliner confirmed that it was cancelling orders for Boeing 787 Dreamliners in favour of a smaller order of Airbus A330s.
» Jiangxi Copper and Angang Steel, lost values tracking lower base metal prices. In South Korea, Samsung Life Insurance tumbled after CJ Group sold 4 million shares of Samsung Life.
» Korea Electric Power lost value, after it forecasted full-year loss of more than 2 trillion won.
» Nikkei 225 index is trading 1.7% lower, at 8,731.1. Hang Seng index dropped 3.4%, to trade at 18,232.0, while the Kospi index is trading 1.6% lower, at 1,834.7.
Spread Betting Markets
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'UK Spread Betting Markets Lower on Eurozone Crisis Worries', Article by ETX Capital, last update: 18-Oct-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.
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