Articles from November 2009

UK Shares Trading: Financial Spread Betting Update

Lloyds Banking Group has today announced its rights issue will be at 37p, aiming to raise £13.5bn, making it the largest rights issue ever.
Analysts are recommending those who already own Lloyds shares should take up the rights. After initially opening a touch lower, Lloyds shares are now trading up 1.5p.
Equipment rental company Ashtead is trading [...]

UK Shares Financial Spread Trading Update

The market is a touch weaker this morning after profit taking dragged the Asian markets down overnight.
ICAP reported robust first half figures; although pre-tax profit was down 5%. This was mainly due to margin and expenses pressures rather than a decrease in business.
This kind of performance is reassuring to investors worried about declining business due [...]

FTSE Continues Higher: Indices Spread Betting Report

The FTSE looks set to open up 20 points just above the 5250 level after strong sessions on worldwide indices and markets yesterday and overnight.
Despite apparent caution in many quarters, the rally continues unabated with seemingly nothing able to stop its momentum.
It was only last Friday that the US breached the 10% unemployment figure yet [...]

Investors Wait for US Non-Farm Figures: Spread Trading Update

The FTSE is set to open up 15 this morning after a strong finish in the States last night which was fuelled by positive news in the labour market.
US employment will remain in focus today with the announcement of the monthly non-farm payroll figure which is always widely anticipated and may go a long [...]

UK Banking Shares Spread Trading News

The FTSE looks set to open down 45 this morning after a yo-yo session in the states last night.
Attention this morning will fall to the Britain’s beleaguered banks, Lloyds have avoided the Asset Protection Scheme and will instead tap shareholders – 43% of which are the taxpayer – for extra capital.
Such luxuries aren’t [...]