Archive for April, 2009

Morning Call by Greg Secker

April 16, 2009

The FTSE 100 slipped 20 points yesterday to close at 3,968.40 as an early rally in mining stocks reversed. While news that Goldman Sachs had turned a profit in the first quarter buoyed investors, economic news has been gloomier since, news releases included US retail sales down and Swiss bank UBS announcing further job losses. [...]

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Morning Call By Greg Secker

April 15, 2009

The FTSE 100 Index ended the day up 5.3 points at 3989, after trading above the big number – 4,000 at times during the day. Banking stocks took the lead from strong first-quarter profits from Goldman Sachs, the Wall Street investment, overnight. Lloyds Banking Group and Barclays both posted double-digit percentage gains, adding 8.4p to [...]

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Morning Call by Greg Secker

April 8, 2009

Investors dumped stocks for a second day Tuesday, prolonging a break from a huge four-week rally as the market girds itself for potentially grim earnings reports.The FTSE100 closed down 63 points yesterday closing at 3930.  RBS took the biggest fall as the bank said it will be getting rid of 9,000 jobs worldwide.  Barclays and [...]

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Morning Call by Greg Secker

April 7, 2009

London’s top shares slipped 0.90 percent on Monday, dragged down by a poor start on Wall Street as miners led the fallers. The benchmark FTSE 100 ended the day down at 3,993.54 points. Leisure travel group TUI Travel was the best blue chip performer, climbing 4.7 percent — or 12 pence — to 267.5, followed [...]

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Morning Call By Greg Secker

April 6, 2009

Britain’s FTSE100 blue-chip index gave up much of Thursday’s 4.3pc gain following the publication of US unemployment numbers. Although the job losses were in line with expectations, the FTSE 100 finished the day down 95.3 points – or 2.3pc – at 4029.67. The FTSE, writes Greg Secker, 250 also shed 110.08 points to 6926.2. In [...]

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Morning Call by Greg Secker

April 3, 2009

Britain’s FTSE 100 index is seen opening 3 to 13 points lower on Friday, according to financial bookmakers. This is after a long rally of 169 points on Thursday to close at 4124 after strong G20-inspired gains in the past two sessions with all eyes on the latest U.S. jobs report. This is the first [...]

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Morning Call by Greg Secker

April 2, 2009

Britain’s FTSE 100 index is seen opening up 69 to 78 points on Thursday after closing up 29 points at 3955, tracking gains in the U.S. and Asian markets, financial bookmakers predicted, as leaders of the Group of 20 gather in London to discuss the global financial crisis. World leaders are determined to declare an [...]

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Morning Call by Greg Secker

April 1, 2009

The FTSE closed up 163 points yesterday closing at 3926. HSBC, Vodafone, GlaxoSmithKline, BP and Shell the index’s biggest by market cap made the most significant gains all rising between 2 and 7 percent. Barclays had the worst time as it fell 0.74 percent only 2 other shares ended in the red. The massive rise [...]

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