Kumaresan Selvaraj pillai


BLOG MOVED 2 http://finance-world-breaking-news.blogspot.com/

Monday, December 24, 2012

Modest gains seen on FTSE in the ShareCrazy Morning Market View

Read the Market Update, Tip of the Day, the Book of the Week, and Broker Recommendations
Is this email not displaying correctly?
View it in your browser.


Monday 24 December 2012
QUOTE OF THE DAY

Being rich is having money; being wealthy is having time
- Margaret Bonnano


THIS MORNING IN LONDON

FTSE 100

5,943.35

3.36   0.06%

FTSE 250

12,384.14

21.76   0.18%

FTSE 350

3,178.32

2.31   0.07%



FTSE All Share

3,113.45

2.28   0.07%

AIM 100

3,097.51

6.78   0.22%

AIM All Share

695.22

1.84   0.27%


11:49 am

ADVERTISEMENT

Tired of Trading Home Alone? CLICK HERE


London mid-session report: Modest gains seen on FTSE

Market Movers
techMARK 2,127.76 +0.05%
FTSE 100 5,953.90 +0.23%
FTSE 250 12,385.39 +0.19%

The FTSE made small gains on Monday - a half day for markets - up 14 points ahead of the Christmas holiday period, as the majority of investors take time off and trading volumes fall.

In economic news, it has been predicted that the national average house price is set to drop one per cent in the coming year. According to Hometrack, families facing financial woes will become increasingly reluctant to add to their debt levels and this will in turn affect house sales.

Hometrack's monthly data report has revealed that property prices dropped 0.1% in December compared to November, its sixth decline in a row. Over the year prices are down 0.3%.

Tough time for Retailers

Things are looking tough for retailers, with business recovery group Begbies Traynor warning that an increasing number of both national and regional retail chains are heading for insolvency following a challenging year of trading.

The group's research shows that 13,700 retailers suffered significant financial distress between the start of October and mid-December.

Company News

ITV has agreed to acquire a controlling stake in Gurney Productions, an independent producer of US cable television networks. The UK TV network is purchasing a 61.5% stake in Gurney Productions for $40m, with a put and call option to buy the remaining 38.5% interest in the company. The put and call could be made from three years after the initial deal.

Global medical technology company Smith & Nephew announced Monday it has completed the acquisition of a substantial stake in Healthpoint Biotherapeutics. The FTSE 100 company paid $782m in cash for the assets, financed from the existing cash resources and bank facilities. The transaction increases Smith & Nephew's position in bioactives, the fastest growing area of advanced wound management.

Electric Word, which provides training services for the education, healthcare and sport sectors, said following its fundraising in August, trading is in line with company expectations.

Ascent Resources has been granted another loan to repay debts and finance projects in the New Year. The European-focused oil and gas exploration company has entered into an agreement with Henderson Global Investors and Henderson Alternative Investment Advisor for the subscription of convertible loan notes of up to £5.5m.

London Stock Exchange Group announced on Monday that it has shaken hands on a deal which will see it purchase a majority stake in LCH.Clearnet, but at a reduced price to that agreed back in April. The company will now purchase the stake at €15 a share, around four euros lower than previously agreed price.


FTSE 100 - Risers
Burberry Group (BRBY) 1,241.00p +1.97%
Vedanta Resources (VED) 1,172.00p +1.74%
Kazakhmys (KAZ) 768.50p +1.32%
Xstrata (XTA) 1,064.50p +1.28%
Rio Tinto (RIO) 3,529.50p +1.13%
Eurasian Natural Resources Corp. (ENRC) 279.70p +1.01%
Amec (AMEC) 1,017.00p +0.99%
Aberdeen Asset Management (ADN) 369.00p +0.90%
Resolution Ltd. (RSL) 252.20p +0.84%
ITV (ITV) 107.50p +0.84%

FTSE 100 - Fallers
Carnival (CCL) 2,397.00p -1.84%
Admiral Group (ADM) 1,183.00p -1.42%
BT Group (BT.A) 236.70p -1.29%
Polymetal International (POLY) 1,162.00p -1.19%
British American Tobacco (BATS) 3,107.00p -1.11%
CRH (CRH) 1,242.00p -1.11%
Aggreko (AGK) 1,747.00p -0.74%
Croda International (CRDA) 2,360.00p -0.72%
GKN (GKN) 229.10p -0.61%
Hargreaves Lansdown (HL.) 685.50p -0.51%

FTSE 250 - Risers
Savills (SVS) 463.40p +3.44%
JD Sports Fashion (JD.) 710.00p +3.20%
PZ Cussons (PZC) 389.00p +2.88%
Ferrexpo (FXPO) 249.00p +2.85%
Hochschild Mining (HOC) 495.70p +2.63%
Taylor Wimpey (TW.) 66.90p +2.61%
New World Resources A Shares (NWR) 311.90p +2.60%
Moneysupermarket.com Group (MONY) 163.90p +2.57%
Vesuvius (VSVS) 353.10p +2.35%
Enterprise Inns (ETI) 103.60p +2.32%

FTSE 250 - Fallers
Centamin (DI) (CEY) 37.98p -7.09%
United Drug (UDG) 268.90p -3.27%
Euromoney Institutional Investor (ERM) 860.50p -3.26%
Electra Private Equity (ELTA) 1,931.00p -1.98%
PayPoint (PAY) 833.00p -1.88%
Diploma (DPLM) 530.00p -1.76%
Regus (RGU) 107.10p -1.74%
Domino Printing Sciences (DNO) 560.00p -1.67%
International Personal Finance (IPF) 380.80p -1.50%
Greggs (GRG) 455.00p -1.43%


THE LATEST ON THE CRAZY BOARD

The top 5 hot company threads on the Bulletin Board:

HMV

Trap Oil

San Leon Energy

Iomart

The Running Trading Thread

Click here to discuss shares with other ShareCrazy members

SHARECRAZY TV

Tip of the Month
A monthly free hot share tip from Richard Gill
Click here to watch

Oil Barrel TV
The best of the Oil Barrel conferences
Click here to watch

Minesite TV
The best of the Minesite forums
Click here to watch




ShareCrazy Poll
At what price will GOLD be at the end of 2012?
Below $1,400
$1,400 - $1,599
$1,600 - $1,799
$1,800 - $1,999
Above $2,000

 
 
 
 



If you do not wish to receive such emails please use the following link to unsubscribe.

Sharecrazy.com Limited is an Appointed Representative (FSA registered number 245145) of Rivington Street Corporate Finance Limited which is authorized and regulated by the Financial Services Authority (FSA registered number 184761). Sharecrazy.com Limited is ultimately owned by Rivington Street Holdings PLC, 39 Athol Street, Douglas, Isle of Man IM1 1LA, the holding company for other regulated entities such as t1ps.com Limited and Rivington Street Corporate Finance Limited. Sharecrazy.com Limited does not offer investment advice. The website and the articles on it are for general guidance only and we cannot assume legal liability for any errors or omissions they might contain. The value of investments can go down as well as up and you may not get back the full amount you invested. If you are in any doubt about investing, seek the guidance of a suitably qualified and regulated financial adviser.

The appearance of an advert does not mean that we endorse the advertiser's goods or services. While we will not knowingly run an advert that is untrue, T1ps.com is not responsible for the accuracy of any advertising material or the accuracy of the description of an advertised product or service anywhere on our websites. 
We do not recommend or endorse any vendor/trainer/product/service other than our own. It is up to each member to decide whether what an advertiser offers is right for you. We take every care to ensure that scams and spamming are not run on this website, but we recommend that any purchaser/service user take every precaution possible to satisfy themselves of the authenticity of any service/product purchased and responsibility for this lies solely with the purchaser. 
The appearance of an advert on the site or via email from ShareCrazy.com does not mean that we endorse the advertiser's goods or services. While we will not knowingly run an advert that is untrue, ShareCrazy.com is not responsible for the accuracy of any advertising material or the accuracy of the description of an advertised product or service anywhere on our websites. 
We do not recommend or endorse any vendor/trainer/product/service other than our own. It is up to each member to decide whether what an advertiser offers is right for you. We take every care to ensure that scams and spamming are not run on this website, but we recommend that any purchaser/service user take every precaution possible to satisfy themselves of the authenticity of any service/product purchased and responsibility for this lies solely with the purchaser. 

The appearance of an advert does not mean that we endorse the advertiser's goods or services. While we will not knowingly run an advert that is untrue, ShareCrazy.com is not responsible for the accuracy of any advertising material or the accuracy of the description of an advertised product or service anywhere on our websites. 

We do not recommend or endorse any vendor/trainer/product/service other than our own. It is up to each member to decide whether what an advertiser offers is right for you. We take every care to ensure that scams and spamming are not run on this website, but we recommend that any purchaser/service user take every precaution possible to satisfy themselves of the authenticity of any service/product purchased and responsibility for this lies solely with the purchaser. 

No comments: