» UK markets dropped sharply yesterday, led by declines in mining and banking sector stocks, as investors remained cautious and awaited further details about the Eurozone rescue package.
» Among mining sector stocks, Vedanta Resources, the top laggard on the FTSE 100 index, declined 9.0%, while BHP Billiton and Xstrata retreated 6.4% and 7.7%, respectively, as metal prices lost ground amid worries over demand from China.
» Security firm, G4S lost 1.0%, amid news that its largest two stake holders were set to oppose the ISS takeover deal.
» Bankers, Barclays, Lloyds Banking Group, and Royal Bank of Scotland retreated between 2.9% and 7.6%, on doubts over the Eurozone bailout agreement.
» BP and BG group retreated 1.3% and 4.7%, respectively, as oil prices lost ground.
» FTSE 100 shed 2.8% to close at 5,544.2. FTSE 250 slumped 2.7% to settle at 10,479.7.
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 - 01 Nov 11
» US shares spread betting markets plummeted yesterday, amid renewed concerns about the European leaders’ ability to raise funds to contain the region’s debt crisis.
» Lincoln National, the top laggard on the S&P 500 index, plunged 11.0%, as risk aversion increased among investors and after MF Global Holdings filed for bankruptcy.
» JP Morgan and Deutsche Bank declined 5.3% and 11.5%, respectively, as they were mentioned as the two largest creditors in the MF Global bankruptcy filing.
» Among mining stocks, Freeport-McMoRan Copper & Gold, Rio Tinto and Alcoa declined between 5.9% and 7.0%, as base metal prices fell.
» Yahoo dropped 5.6% amid report that the company is mulling to sell its Asian assets and redistribute proceeds to shareholders.
» First Solar fell 7.8%, after the UK government proposed a 55% cut in its solar subsidy scheme.
» DJIA fell 2.3% to 11,955.0. NASDAQ shed 1.9% to 2,684.4. S&P 500 fell 2.5% to 1,253.3.
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 - 01 Nov 11
» Asian markets are trading mostly lower this morning, led by losses in exporters and banking sector stocks, tracking overnight losses on Wall Street. This also came after a report showed that China’s manufacturing purchasing managers index (PMI) fell to 50.4 in October.
» In Japan, Toyota Motor and Mitsubishi Motors paced declines, amid concerns about global economic recovery.
» Panasonic fell after the company reported a fiscal second-quarter loss.
» In Hong Kong, banks, HSBC Holdings and Bank of China traded lower, tracking a fall in their European and US peers.
» Petrochina and Cnooc traded lower following lower crude oil prices. However, in South Korea, exporters bucked the trend and led the Kospi Index higher.
» Samsung Electronics and Hyundai Motor gained values, after South Korea announced that its exports increased 9.3% in October from a year earlier.
» Nikkei 225 index is trading 1.1% lower, at 8,886.8. Hang Seng index is trading 1.4% lower at 19,584.7, while the Kospi index is trading 0.2% higher, at 1,912.4.
Spread Betting Markets
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'US Shares Spread Betting Markets Plummet on EU Debt Crisis Fund Worries', Article by ETX Capital, last update: 1-Nov-11
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