Daily Spread Betting and Financial Market Round-up

Financial markets round-up

Monday December 3, 2007

Spread betting opportunities : Financial market update

Wall Street entered the last month of the year on a bearish note, with the major equity indices turning lower from the

opening bell as the markets look forward to the interest rate decision by the Federal Reserve Bank (FED).

The Dow Jones Industrial Average was the relative best performer of the major US equity indices. Nevertheless, it shed 57.15

points to close at 13314.57 (down 0.43%). The S&P500 was 0.59% lower for the day, closing at 1472.42 - a move of 8.72 points

lower. Finally, the Nasdaq Composite Index, the worst performer for the day, was down by 0.9% (23.83 points) to end the

trading session at 2637.13.

In London, Blue chip stocks ended Monday firmly in the red, led lower by stocks in the banking and mining sector. No guesses

for the worst performer of the day - Northern Rock once again carried the wooden spoon, with the shares down over 7% on the

day as concerns spread that the proposed Virgin bid may not go through. Rio Tinto was the worst-hit mining stock, down 3.49%.

At the close, the Footsie was down 45.9 points (0.71%), to close at 6386.6. Elsewhere on the London Stock Exchange, the

techMARK index ended at 1,515.92, down 0.64%; and the FTSE 250 closed at 10,560.00, losing 1.76% for the session.

FTSE 100 - winners

Kingfisher [+3.94%]
Home Retail Group [+3.17%]
Morrison (Wm) Supermarkets [+2.11%]
Tesco [+1.83%]
BAE Systems [+1.68%]

FTSE 100 - losers

Northern Rock [-7.63%]
Mitchells & Butlers [-5.29%]
Enterprise Inns [-4.70%]
Rio Tinto [-3.49%]
Royal & Sun Alliance Insurance Group [-3.10%]

FTSE 250 - winners

Rank Group [+8.71%]
SThree [+7.15%]
PV Crystalox Solar [+6.19%]
Debenhams [+5.75%]
COLT Telecom Group S.A. [+4.39%]

FTSE 250 - losers

Morgan Crucible [-23.42%]
Restaurant Group [-11.81%]
Severfield-Rowen [-8.40%]
eaga (EAGA) [-7.71%]
Benfield Group [-7.40%]

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