Daily Spread Betting and Financial Market Round-up

Financial markets round-up
Thursday December 06, 2007

Spread betting opportunities : Financial market update

Wall Street equities continued their strong move on Thursday with big gains across the board. Technology stocks continue to outpace the rest of the market, with the Nasdaq composite index gaining 1.6%, a move of 42.67 points to close at 2709.03. It was closely followed by the S&P500 which closed 22.33 points (1.5%) higher at 1507.34. The Dow Jones moved 174.93 spreadbetting points higher (1.3%), closing at 13619.89

The London market lost its early fizzle which was initially inspired by news of a 25 basis point cut in interest rates by the Bank of England. Having reached about 100 points higher in early-afternoon trading, the FTSe 100 index closed 8.2 points lower at 6485.6.

The top risers and fallers in on the London Stock Exchange are noted below:

FTSE 100 - winners

London Stock Exchange Group [+3.72%]
Friends Provident [+3.68%]
Smith & Nephew [+3.51%]
Northern Rock [+3.00%]
Punch Taverns [+2.77%]

FTSE 100 - losers

Persimmon [-5.72%]
Kingfisher [-4.55%]
Barratt Developments [-4.17%]
Home Retail Group [-3.51%]
DSG International [-3.46%]

FTSE 250 - winners

eaga [+14.79%]
PV Crystalox Solar [+6.89%]
Game Group [+6.46%]
Rank Group [+5.25%]
Brit Insurance Holding [+5.06%]

FTSE 250 - losers

COLT Telecom [-10.07%]
Berkeley Group [-6.50%]
Micro Focus International Plc [-5.50%]
Debenhams [-4.76%]
Johnston Press [-4.09%]

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