» UK spread betting markets rallied yesterday, after the Bank of England expanded its bond-purchase plan by £75billion to £275billion. Additionally, better-than-expected US jobless claims data and optimism that European policymakers would contain the region’s debt crisis buoyed market sentiments.
» Standard Chartered led the banking sector higher, gaining 8.8%, while Lloyds Banking, Barclays and Royal Bank of Scotland rose between 7.8% and 8.7%, on optimism about the quantitative easing measures.
» Insurer, Prudential, the top gainer on the FTSE 100 index, surged 11.7%, amid optimism of a surge in its portfolios.
» Rio Tinto, ENRC and Antofagasta jumped between 7.6% and 10.2%, as base metal prices rose.
» SABMiller surged 7.0%, amid speculation of bid interest from Brazilian company, Anheuser-Busch InBev.
» FTSE 100 surged 3.7% or 189.1 points to 5,291.3, while FTSE 250 rose 3.4% to 9,888.6.
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 - 07 Oct 11
» US markets rallied yesterday, as the ECB announced to resume covered-bond purchases to infuse liquidity into the European financial system. Furthermore, less-than-expected rise in US weekly jobless claims also boosted market sentiments.
» Bank of America, the top gainer on the DJIA index, surged 8.8%, while Morgan Stanley and Citigroup rallied 4.8% and 5.3%, respectively, amid easing worries over the contagion.
» Retailers, Ltd Brands, Target and The Buckle rose between 0.8% and 4.8%, as their same-store sales growth exceeded market expectations.
» Express Scripts soared 11.4% and emerged as the top gainer on the S&P 500 index, amid news of its merger with Medco Health Solutions.
» Alcoa rallied 5.4%, tracking higher aluminium prices and ahead of its third-quarter earnings report due next week.
» DJIA advanced 1.7% to 11,123.3. NASDAQ gained 1.9% to settle at 2,506.8. S&P 500 rose 1.8% to end at 1,165.0.
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 - 07 Oct 11
» Asian markets are trading higher this morning, as investors kept economic worries on the back burner, after Bank of England and the European Central Bank announced monetary easing measures, and following better-than-expected US unemployment-claims data.
» In Japan, banking stocks, Sumitomo Mitsui Financial Group, and Mitsubishi UFJ Financial Group traded higher, as risk aversion decreased among investors.
» Exporters, Toyota Motor, Toshiba and Nissan Motor paced gains, as concerns about future demand eased.
» In Hong Kong, energy stocks, Cnooc and China Coal Energy traded higher, tracking a rise in crude oil prices.
» Exporters, Esprit Holdings, Lenovo Group, Li & Fung, amid easing worries over demand prospects.
» In South Korea, Samsung Electronics traded higher, after the company’s third- quarter earnings forecasts were above market expectations.
» Nikkei 225 index is trading 1.5% higher, at 8,652.5. Hang Seng index is 3.5% higher, at 17,767, while the Kospi index is trading 3.1% higher, at 1,763.5.
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.
'UK Spread Betting Markets Rally on BoE Stimulus Measures', Article by ETX Capital, last update: 7-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.
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, 24-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, 23-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.
