Daily Spread Betting and Financial Market Round-up
Financial markets round-up Wednesday November 28, 2007
Spread betting opportunities : Financial market update
Wednesday saw another impressive rally in equity markets with the Dow producing the best two-day rally in about five years. Technology stocks led the rally and by the closing bell, the Nasdaq Composite index was up 3.18% (82.11 points) to finish at 2662.91. The Dow Jones Industrial Average rallied over 331 spreadbetting points (2.55%) to close at 13289.45, and the S&P500 index gained 2.86%, adding 40.79 points to end the session at 1469.02. In London, the FTSE 100 gained 165.5 points, adding 2.7% to close at 6306.2. other UK indices were also up, with the FTSE 250 adding 2.92% and the techMARK index gaining 2.27%. The rally in blue chip stocks was so strong that only 2 of the leading 100 stocks failed to record a gain for the day. The two outliers were Resolution and National Grid which were broadly flat for the day. FTSE 100 - winners Sage Group [+9.96%] Compass Group [+9.33%] British Airways [+7.79%] Antofagasta [+6.76%] Alliance & Leicester [+6.45%]FTSE 250 - winners Paragon Group [+11.49%] St James's Place [+10.85%] Rank Group [+10.48%] ARM Holdings [+9.61%] Ashmore Group [+9.10%]FTSE 250 - losers Randgold Resources [-3.44%] Hochschild Mining [-3.00%] FKI [-2.45%] eaga [-2.36%] Daejan Holdings [-2.22%] Return to spread betting updates
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