Spread Betting Market Update – 18th May 2011
July 27th, 2011 | 
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Visit www.cityindex.co.uk for the latest spread betting insights and information. Here, Chris Nelson-Smith brings you spread betting and CFD trading market news from the floor of City Index on 18th May 2011. Headlines include: – The FTSE has opened stronger this morning after sharp falls yesterday. This followed strength in Asia overnight and a late rally from the Dow. – So far, the FTSE 100 is up 57 points at 5918. Dow futures at up 42 points at 12479; the DAX is up 66 points at 7322 and the CAC is at 3978, up 38 points. – Commodity prices also pushed higher in Asian trade today. – Stocks to watch out for today include Land Securities, which announced full-year results, ICAP, which also announces full-year results and Compass Group, which announces results for the first-half of the year. – Also keep an eye out for Shire, which is in a possible takeover bid of privately held Advanced Biohealing. – Top risers this morning have been Land Securities, British Land, ENRC, Hammerson and Fresnillo. – The worst performing stocks for today are Sainsbury, BAE, Shire and ITV. – In economic data, minutes from the Bank of England’s meeting were announced at 9.30am, along with UK jobless claims data. – In the US, minutes from the Federal Open Market Committee meeting will be released at 7pm today. Visit www.cityindex.co.uk for more spread betting and CFD trading market analysis from City Index.
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