» The UK spread betting markets surged yesterday, amid optimism that European policy makers would unveil solid measures to stem the region’s debt crisis in a meeting at Brussels. Furthermore, a strong start on Wall Street added to the momentum.
» Industrial pump maker, Weir Group, the top riser on the FTSE 100 index, jumped 8.3%, after Barclays Capital raised its target price and as UBS issued an upbeat note on the stock.
» Among banking stocks, Lloyds Banking Group, Royal Bank of Scotland and Barclays advanced between 2.1% and 7.8%, amid hopes that the British government would probably extend credit guarantee schemes.
» Barclays also rose after a broker reiterated its “Buy” rating on the stock.
» Antofagasta climbed 4.8%, as copper prices gained, while Rio Tinto jumped 4.4%, after it announced that it would augment its capital expenditure by 17%.
» FTSE 100 soared 2.9% to close at 5,312.8. FTSE 250 surged 2.8% to settle at 9,908.5.
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 - 29 Nov 11
» US equities spread betting markets closed sharply higher yesterday, after a) reports stated that French and German officials have proposed a fiscal union ahead of the December summit and b) as Thanksgiving retail sales climbed to a record, bolstering investors’ sentiment.
» Amazon.com rose 6.5%, after Kindle sales surged on "Black Friday".
» Insurer, Genworth Financial, the top gainer on the S&P 500 index, jumped 12.6%, as Citigroup raised its ratings on the stock to “Buy” from "Neutral".
» Netflix added 9.5%, after a broker upgraded its rating on the stock to “Neutral” from “Negative”.
» Alcoa rallied 5.7% and emerged as the top gainer on the DJIA index, while FedEx and Caterpillar advanced 3.8% and 5.5%, respectively, amid easing worries over the economic slowdown.
» Clean energy stock, Energy Conversion Devices, the top gainer on the NASDAQ, surged 41.9%, as it boosted its restructuring programme.
» DJIA rallied 2.6% to close at 11,523.00. NASDAQ surged 3.5% to settle at 2,527.3. S&P 500 soared 2.9% to end at 1,192.6.
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 - 29 Nov 11
» Asian markets are trading higher this morning, as strong US retail sales data over the Thanksgiving holiday, and optimism that European leaders are close to agreeing measures to stem the region’s debt crisis, buoyed market sentiment.
» In Japan, Nissan Motor, Sharp and Nintendo gained values following positive US retail sales data.
» J. Front Retailing rose after Japan’s retail sales data showed a 1.9% YoY increase for October.
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'US Shares Spread Betting Markets Higher on Thanksgiving Sales Data', Article by ETX Capital, last update: 29-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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