Daily Spread Betting and Financial Market Round-up
Spread betting: financial markets round-upMonday February 04, 2008
US equity markets turned lower virtually from the open on Monday as a raft of economic news soured investor sentiment on Wall Street. The renewed selling pressure comes on the back of a strong run of positive sessions over the past week and a half.
Technology stocks on the Nasdaq Composite Index led the market lower. The index was down 1.26%—a drop of 30.51 points. It finished the day at 2382.85. The Dow Jones Industrial Average Index was down 108.03 spreadbetting points (a loss of 0.85%) to finish the session at 12635.16. Under performing the Dow, the Standard and Poor’s S&P 500 index lost 1.05% to close down 14.6 points at 1380.82.
The FTSE100 was largely range-bound throughout the Monday session. Good gains in the morning session were wiped out later in the afternoon as the weak open on Wall Street dampened sentiment in London. The index finally closed down 3 points for the day. Outside of the Blue Chip index, the techMARK finished the day flat at 1,466.44 and the FTSE 250 was up 0.91% to end at 10,279.00 +0.91%
FTSE 100 - winnersRoyal Bank of Scotland Group [+4.31%]Taylor Wimpey [+4.27%] Friends Provident [+3.46%] Next [+3.19%] Vedanta Resources [+3.01%] FTSE 100 - losersCarphone Warehouse Group [-7.29%]Man Group [-3.52%] Xstrata [-2.70%] Smith & Nephew [-2.52%] Smiths Group [-2.40%]
FTSE 250 - winnersAquarius Platinum [+11.09%]International Ferro Metals [+7.61%] Gem Diamonds [+7.46%] Beazley Group [+5.59%] Intermediate Capital Group [+5.25%]
FTSE 250 - losersRandgold Resources [-6.88%]Punch Taverns [-6.45%] Ferrexpo [-4.81%] Signet Group [-3.87%] Bodycote International [-3.30%]
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