Daily Spread Betting and Financial Market Round-up

Financial markets round-up
Monday November 26, 2007

Spread betting opportunities : Financial market update

Equities sold off heavily on Monday afternoon in New York, with the major indices all nursing losses of about 2% each. The Nasdaq composite lost 2.14% or 55.61 points to close Monday at 2540.99. The S&P500 index suffered a much worse fate, losing 2.32% in the session, down 33.48 points to finish at 1407.22. The Dow Jones Industrial Average proved to be the most resilient on the day, shedding a relatively better 1.83%. That was still a loss of 237.44 spreadbetting points for the day. The index closed at 12743.44.

In London, blue chip stocks led the market lower as the FTSE 100 index moved 81.6 points lower (-1.3%) on Monday, closing at 6180.5. The FTSE 250 index dropped 0.74% while the techMARK index was 0.89% lower.

The move lower in London followed a bright start sparked by a positive turn in the news concerning Northern Rock as Virgin Group emerged as the preferred bidder for the troubled bank.

FTSE 100 - Winners

Northern Rock (NRK)
British Energy Group (BGY)
Tullow Oil (TLW)
Rentokil Initial (RTO)
National Grid (NG.)

FTSE 100 - Losers

Barratt Developments (BDEV)
Mitchells & Butlers (MAB)
Hammerson (HMSO)
Liberty International (LII)
Alliance & Leicester (AL.)

FTSE 250 - Winners

Paragon Group (PAG)
John Wood Group (WG.)
Imperial Energy Corporation (IEC)
BSS Group (BTSM)
DS Smith (SMDS)

FTSE 250 - Losers

Biffa (BIFF)
Bodycote International
Brixton (BXTN)
Investec (INVP)

Return to spread betting updates

Free Market Forecast

Are you serious about winning at spread betting?

In the markets, timing is everything!

To get the next edition of my analysis of the short term outlook for the financial markets, enter your details in the box below and get pin-point accurate market analysis delivered straight into your inbox for free!

E-mail Address
Full Name

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Spread Betting Opportunities.