» UK spread betting markets closed higher yesterday, extending gains for the third consecutive day, as stronger-than-expected US consumer confidence data lifted market sentiment. Markets also rose amid optimism over the outcome of a crucial meeting of euro-area finance ministers at Brussels on the region’s debt crisis.
» Randgold Resources jumped 5.8%, after a broker raised its rating on the stock to “Buy” from “Hold”.
» Engineering group, GKN rose 4.2%, after Moody’s Investors Service upgraded its rating on the stock to “Positive” from “Stable”. GKN also rallied, amid speculation that Quest Global Engineering might be interested in bidding for the company.
» Commercial property firms, Land Securities and British Land added 1.2% each, after a broker raised its recommendation on both the stocks to “Buy” from “Neutral”.
» Marks & Spencer, Tesco and Sainsbury added between 0.1% and 1.3%.
» IG Group soared 9.3%, after it forecasted a 23.0% YoY increase in its first-half revenue.
» FTSE 100 rose 0.5% to 5,337.0. FTSE 250 climbed 1.2% to 10,031.6.
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 - 30 Nov 11
» US markets closed mostly higher yesterday, as upbeat reading on consumer confidence and signs of progress by the Eurozone leaders to tame the region’s debt crisis lifted market sentiment. This offset news about Fitch Ratings’ decision to cut the outlook on US government debt to negative.
» Home Depot rose 5.3%, and emerged as the top gainer on the DJIA index, as CNBC's Jim Cramer recommended the stock.
» Research In Motion jumped 5.4%, after a broker raised its rating on the stock to “Market Perform” from “Underperform”.
» Hewlett Packard added 1.4%, after RBC Capital Markets upgraded the stock to “Outperform” from “Sector perform”.
» Ceramics manufacturer, Corning, the top decliner on the S&P 500 index, retreated 10.8%, after it lowered its fourth-quarter profit estimate.
» AMR nosedived 84.0%, after it filed for bankruptcy.
» DJIA rose 0.3% to close at 11,555.6. NASDAQ slipped 0.5% to 2,515.5. S&P 500 gained 0.2% to 1,195.2.
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 - 30 Nov 11
» Asian markets are trading lower this morning, amid concerns about the global economic recovery, shrugging off better-than-expected US consumer confidence data for November and Japan's industrial production data for October.
» In Japan, Sony, Honda Motor and Toyota Motors paced declines, as the yen appreciated against the dollar.
» Olympus lost value amid speculation that the company would be delisted from the Tokyo Stock Exchange.
» In Hong Kong, Bank of Communications and ICBC paced losses, after a Central Bank adviser highlighted that China would maintain tight monetary policies next year.
» Jiangxi Copper lost value, after Morgan Stanley stated that further gains for commodities might be limited next year.
» In South Korea, SK Innovation, traded lower, following report that it bought back 174 gas stations it sold five years ago for a total of $550.1 million.
» Nikkei 225 index is trading 1.2% lower, at 8,377.1. Hang Seng index is trading 1.9% lower at 17,911.2, while the Kospi index is trading 0.8% lower at 1,842.1.
Spread Betting Markets
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'UK Spread Betting Markets Rise on US Consumer Confidence Data', Article by ETX Capital, last update: 30-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.
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