| | Tuesday 8 January 2013 QUOTE OF THE DAY A successful man is one who can lay a firm foundation with the bricks others have thrown at him
- David Brinkley
THIS MORNING IN LONDON FTSE 100 6,072.64 
8.06 0.13% FTSE 250 12,689.68 
-32.31 -0.25% FTSE 350 3,248.75
2.60 0.08% FTSE All Share 3,183.43
2.48 0.08% AIM 100 3,244.30
3.92 0.12% AIM All Share 724.77
0.84 0.12% 11:48 am
ADVERTISEMENT Tired of Trading Home Alone? CLICK HERE
Corporate activity picks up, but technical resistance looms UK stocks are now registering slight gains - and recovering most of yesterday's scant losses - as investors opt to overlook the release of some weaker than expected economic indicators from the Eurozone.
That ahead of the beginning of the formal earnings season, Stateside, later today, when aluminium giant Alcoa releases its latest quarterly results.
Nevertheless, it must be had in account that stocks are currently trading near so-called 'oversold' levels, which may weigh on the advance, and just below technical resistance at the 6,100 point level.
Goading stocks higher is the renewed news-flow surrounding heavy corporate activity.
UK construction stocks are performing well following Deutsche Bank's decision to upwardly revise its price targets for the majority of the shares under its coverage, with its favourite picks being Bovis Homes, Barratt Developments and Berkeley Group.
Acting as a backdrop, all seems quiet for today as regards the Eurozone's periphery crisis and the extremely difficult negotiations expected on Capitol Hill.
Nevertheless, and of possible import, an adviser to China's central bank has been cited as saying that it will be more cautious in the second half of the year regarding its monetary policy.
Vodafone gains; Barclays closes the gap Telecoms titan Vodafone was a high riser after Verizon Communication's CEO said that a purchase of Vodafone's stake in their joint venture Verizon Wireless is feasible, according to The Wall Street Journal.
For its part, Barclays is today continuing to make up for its underperformance versus its UK peers last year, while TUI has been laid low by a downgrade out of analysts at Morgan Stanley.
Insurance peers Standard Life, Legal & General and RSA Insurance were heavy fallers in the opening hour after Bank of America Merrill Lynch downgraded its ratings for all three groups.
Mining giant Anglo American gained after appointing Mark Cutifani of AngloGold Ashanti as CEO to replace Cynthia Carroll. Cutifani will take the reins in April with a pay packet worth around £2.38m, including salary and bonuses.
Canadian miner Barrick Gold has abandoned plans to sell its majority stake in London-listed African Barrick Gold (ABG) to a Chinese buyer, causing shares in the latter to plummet this morning.
Debenham's is lower after saying that it now expects gross margin for the year to be 10 basis points higher than last year rather than 20 basis points as previously guided.
Nautilus Minerals is rocketing higher following a hostile bid from Michael Bailey, an individual, and an entity controlled by him, to purchase all of the outstanding shares of the company.
Roxi Petroleum saw its shares more than double in value after a Kazakh businessman, Alpamysovich Satylganov, said he would invest 40m dollars in the firm at a huge premium to the current price.
FTSE 100 - Risers
Vodafone Group (VOD) 163.70p +2.54%
Barclays (BARC) 294.45p +2.52%
Anglo American (AAL) 2,050.00p +2.47%
Resolution Ltd. (RSL) 256.70p +2.31%
Carnival (CCL) 2,451.00p +2.12%
Royal Bank of Scotland Group (RBS) 340.70p +2.04%
Shire Plc (SHP) 1,948.00p +1.78%
ARM Holdings (ARM) 811.00p +1.44%
Petrofac Ltd. (PFC) 1,675.00p +1.33%
Sainsbury (J) (SBRY) 336.00p +1.30%
FTSE 100 - Fallers
TUI Travel (TT.) 276.00p -3.70%
Tullow Oil (TLW) 1,240.00p -2.44%
Whitbread (WTB) 2,468.00p -1.79%
Antofagasta (ANTO) 1,300.00p -1.66%
Croda International (CRDA) 2,326.00p -1.36%
Tate & Lyle (TATE) 783.00p -1.32%
Fresnillo (FRES) 1,755.00p -1.13%
Kazakhmys (KAZ) 811.50p -0.98%
Marks & Spencer Group (MKS) 368.70p -0.89%
Babcock International Group (BAB) 990.00p -0.75%
FTSE 250 - Risers
Centamin (DI) (CEY) 43.78p +7.97%
Bumi (BUMI) 305.80p +6.00%
Ferrexpo (FXPO) 281.70p +4.80%
Bovis Homes Group (BVS) 612.50p +3.64%
Man Group (EMG) 90.60p +3.42%
Interserve (IRV) 411.90p +3.36%
Chemring Group (CHG) 272.60p +3.22%
Barratt Developments (BDEV) 218.20p +2.88%
Kentz Corporation Ltd. (KENZ) 397.30p +2.40%
Close Brothers Group (CBG) 904.00p +2.20%
FTSE 250 - Fallers
African Barrick Gold (ABG) 362.50p -18.36%
Debenhams (DEB) 109.80p -6.23%
Michael Page International (MPI) 399.30p -3.71%
Dechra Pharmaceuticals (DPH) 620.50p -3.50%
JD Sports Fashion (JD.) 685.50p -2.77%
Alent (ALNT) 319.00p -2.60%
Dunelm Group (DNLM) 692.50p -2.60%
Domino's Pizza Group (DOM) 513.50p -2.56%
Unite Group (UTG) 277.50p -2.43%
Regus (RGU) 106.10p -2.39%
FTSE TechMARK - Risers
Promethean World (PRW) 21.50p +13.16%
Parity Group (PTY) 21.00p +10.53%
Phoenix IT Group (PNX) 177.75p +3.34%
CML Microsystems (CML) 397.50p +3.25%
RM (RM.) 77.75p +1.63%
Sepura (SEPU) 95.50p +1.60%
Consort Medical (CSRT) 770.00p +0.52%
Ricardo (RCDO) 396.00p +0.25%
Triad Group (TRD) 6.75p 0.00%
Antisoma (ASM) 1.91p 0.00%
FTSE TechMARK - Fallers
Oxford Biomedica (OXB) 2.40p -4.00%
XP Power Ltd. (DI) (XPP) 1,010.00p -2.79%
Torotrak (TRK) 26.50p -2.30%
Innovation Group (TIG) 23.00p -2.13%
Filtronic (FTC) 35.50p -2.07%
Optos (OPTS) 166.50p -1.77%
Kofax (KFX) 290.00p -1.69%
Emblaze Ltd. (BLZ) 44.75p -1.65%
Xaar (XAR) 274.00p -1.62%
E2V Technologies (E2V) 124.50p -0.80%
WHAT THE BROKERS SAY
THE LATEST ON THE CRAZY BOARD The top 5 hot company threads on the Bulletin Board: Trap Oil Gulf Keystone Ferrex Iomart The Running Trading Thread
Click here to discuss shares with other ShareCrazy members |
|
| | | |
| | |
|
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:
Post a Comment