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LONDON STOCK EXCHANGE DAILY MARKET SUMMARY
AND ANALYSIS (Late Edition) ARCHIVES
<---D230--->
Market
Summary and Analysis for Friday November 30th.
2001
FTSE
100: 5203.6 = -4.9
FTSE
250: 5849.5 = +19.1
FTSE
A/S: 2514.1 = -0.8
TechMARK
100: 1501.9 = +19.5
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 closed lower,
while the TechMARK 100 closed higher. Gainers
included: Anglo American Plc, Anite Group Plc,
ARM Holdings Plc, Associated British Foods, Autonomy
Corp, BHP Billiton Plc, BOC Group Plc, British
American Tobacco, BskyB Plc, BTG Plc, BT Group
Plc, Celltech Group Plc, Centrica Plc, CMG Plc,
Cobham Plc, Computacenter Plc, Dixons Group Plc,
Eidos Plc, Emap Plc, Emblaze Systems, First Technology
Plc, Galen Holdings, Gallaher Group Plc, International
Power, J Sainsbury Plc, Kingfisher Plc, London
Bridge Software, Marconi Plc, Matalan Plc, Medisys
Plc, Misys Plc, MmO2, Morrison Supermarket, Motion
Media Plc, Northgate Information Services Plc,
Orchestream Holdings, Pearson Plc, Project Telecom
Plc, Prudential Plc, Psion Plc, Reed International,
Rio Tinto Plc, Scottish Power, Six Continents
Plc, Skyepharma Plc, Somerfield Plc, TTP Communications,
Unilever Plc, United Utilities Plc, Weston Medical
Plc, Wolseley Plc, Wolverhampton & Dudley Breweries
Plc, and Xansa Plc.
REASONS
FOR ACTIVITIES
- Gallaher
gained 2.53% after acquiring a 99% stake in
a Ukrainian Cigarette factory. Gallaher will
rename the facility Liggett-Dukat and use the
brand to continue its growth in Eastern Europe.
- Financial
shares closed lower due to their exposure to
troubled US energy trader, Enron.
- Cable
& Wireless lost 5.70% after paying $850 million
to acquire the web hosting business of bankrupt
Exodus Communications. Analysts were not impressed
that C&W will be the largest web hosting company
in Europe, as Lehman Brothers showed it by downgrading
the shares.
- Astrazeneca
lost 0.38% despite announcing a 1.74 billion
share buyback at £31.28/share.
- Data
storage company Plasmon lost 4.29% after reporting
first half pretax losses of £2.4 million, which
missed the company's own estimates.
- Brewer
Wolverhampton & Dudley gained 3.05% after reporting
full year pretax profits that rose 17.1% to
£76.1 million. Wolverhampton & Dudley announced
that its assets sales and trading since September
are all on track.
- Marconi
gained 7.36% after its Chairman, Derek Bonham,
bought 50,000 shares of the company.
-
Publisher
United Business Media lost 2.25% after announcing
that, its flagship US-based CMP Media saw
a 41.5% decline in advertisement sales volume
in October.
-
Mining
and technology shares did very well today.
-
NEW
SERVICES: We now have operations in these
countries: Australia,
Canada,
South
Africa, UK
& Ireland, and United
States
. Please take full advantage of
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PICKS
FOR NEXT MARKET DAY
- We
think the markets will start the first trading
week in December on an optimistic note.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the United
States
.
<---D229--->
Market
Summary and Analysis for Thursday November 29th.
2001
FTSE
100: 5208.5 = +3.3
FTSE
250: 5830.4 = -47.5
FTSE
A/S: 2514.8 = -1.5
TechMARK
100: 1482.4 = -10.7
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 closed
higher, while the TechMARK 100 closed lower.
Gainers included: Abbey National, Acambis Plc,
Alliance & Leicester Plc, Anglo American Plc,
Anite Group Plc, ARM Holdings Plc, Associated
British Foods, BAA Plc, Baltimore Technology,
Barclays Plc, BG Group Plc, BHP Billiton, BOC
Group Plc, Boots Co. Plc, BP Amoco Plc, British
American Tobacco, British Land Co. Plc, BT Group
Plc, Bunzl Plc, Cable & Wireless Plc, Cadbury
Schweppes Plc, Cambridge Antibody, CMG Plc,
Compass Group Plc, Computacenter Plc, Diageo
Plc, Diagonal Plc, Domino Printing, Eidos Plc,
Electrocomponent Plc, Emblaze Systems, First
Technology Plc, Friends Provident, Gallaher
Group Plc, Genetix Group Plc, GUS Plc, Gyrus
Group Plc, Hanson Plc, HBOS Plc, HSBC Holdings,
Iceland Group Plc, ICI Plc, Imperial Tobacco,
Intec Telecom Plc, IQE Plc, Kingston Communications,
Legal & General Plc, Logica Plc, Motion Media
Plc, Ncipher Plc, Next Plc, Northern Rock Plc,
Orchestream Holdings, Pearson Plc, Riversoft
Plc, Roxboro Group Plc, Royal Bank of Scotland,
Royalblue Group Plc, Sage Group Plc, Schroders
Plc, Smith & Nephew Plc, Standard Chartered
Bank, Surfcontrol Plc, Torotrak Plc, TTP Communications,
Unilever Plc, Weston Medical Plc, Wolseley Plc,
and Wolverhampton & Dudley Breweries Plc.
REASONS
FOR ACTIVITIES
- Financial
shares gained by following their counterparts
on Wall Street.
- Iceland
gained 6.59% after reporting first half pretax
profits of £16.7 million, which met city estimates,
but was almost half of last year's levels.
- South
Africa Breweries (SA Breweries) lost 1.26%
after reporting first half pretax profits
that declined £8 million to £302 million.
SA Breweries also announced that it owns 97%
of the only Hunduran, South America brewer.
SA Breweries is facing a possible takeover
from Interbrew of Belgium.
- Great
Universal Stores (GUS) gained 7.69% after
reporting first half pretax profits that rose
11% to £206 million, while turnover rose 8%
to £2.857 billion.
- Data
storage company Plasmon lost 4.29% after reporting
first half pretax losses of £2.4 million,
which missed the company's own estimates.
- Acambis
gained 28.60% after its joint venture with
Baxter International of the US won a $428
million, 155 million doses Smallpox vaccine
contract from the US Department of Health
and Human Services.
- Standard
Chartered Bank gained 2.24% after its CEO
Rana Talwar was replaced by Mervyn Davies
effective immediately. Analysts now see a
greater chance of the banking company being
acquired.
-
GlaxoSmithKline
lost 1.76% after the Wellcome Trust announced
that it is disposing of 125 million shares
of the company valued at £2.25 billion.
GlaxoSmithKline announced that it is buying
back about £1 billion worth of them.
-
Software
shares performed pretty well.
-
Wolverhampton
& Dudley Breweries gained on the eve of
its earnings report, while Newsmedia Spark
closed lower.
-
NEW
SERVICES: We now have operations in these
countries: Australia,
Canada,
South
Africa, UK
& Ireland, and United
States
. Please take full advantage of
our wonderful services.
PICKS
FOR NEXT MARKET DAY
- The
US after hours market looks okay with Novell
posting strong earnings, and Starbuck also
gaining after posting strong November sales
figures. Novellus Systems however, disappointed.
We do expect the market to rise above the
negative reports to close the week stronger.
We also expect earnings reports tomorrow
to have tremendous influence on how the
market closes.
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Visit our sister portal to read more on our
analysis and summary of the United
States
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<---D228--->
Market
Summary and Analysis for Wednesday November
28th. 2001
FTSE
100: 5205.2 = -60.8
FTSE
250: 5877.9 = -53.9
FTSE
A/S: 2516.3 = -28.3
TechMARK
100: 1493.1 = -49.6
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the
TechMARK 100 closed lower on poor earnings
reports. Gainers included: Acambis Plc, Allders
Plc, Alliance & Leicester Plc, Anglo Irish
Bank, BG Group Plc, Brambles Industries, BTG
Plc, BT Group Plc, Cadbury Schweppes Plc,
Canary Wharf Group Plc, Computacenter Plc,
Diageo Plc, Diagonal Plc, Fibernet Group Plc,
Friends Provident, Gallaher Group Plc, Genemedix
Plc, Genetix Group Plc, GlaxoSmithKline Plc,
GUS Plc, Iceland Group Plc, Imperial Tobacco,
London Bridge Software, Lonmin Plc, Lynx Group
Plc, Marks & Spencer, Merant Plc, Morse Plc,
Morrison Supermarket Plc, Ncipher Plc, Northern
Rock Plc, Psion Plc, Renishaw Plc, Roxboro
Group Plc, SA Breweries, Schroders Plc, Schroders
NV, Scottish & Newcastle, Scottish Power Plc,
Securicor Plc, Shire Pharmaceuticals Group,
Six Continents Plc, Skyepharma Plc, Spectris
Plc, Sportech Plc, Turbo Genset Plc, Ultra
Electronics Holdings, Weston Medical Plc,
and Wolverhampton & Dudley Breweries Plc.
REASONS
FOR ACTIVITIES
- Oil
shares and technology shares closed lower
today.
- Water
company, AWG lost 2.37% after reporting
first half pretax profits that declined
9.9% to £65.8 million, while turnover almost
doubled to £866.1 million. AWG intends to
return between £400 million to £600 million
to shareholders.
- South
Africa Breweries (SA Breweries) gained 7.96%
on news that Belgium's Interbrew is preparing
to make an offer for it. Other brewery shares
gained on the news.
- TV
company Granada lost 2.53% after reporting
full year pretax profits that declined by
£95 million to £175 million, while revenue
declined by about 7% to £1.5 billion. Granada
saw a 12% decline in advertisements. Granada's
dismal figures pushed other media shares
lower.
- Anglo
Irish Bank (AIB) gained 7.82% after reporting
full year pretax profits that rose 46% to
194.8 million Euros. AIB is increasing its
dividend payout by 20%. Other banking shares
closed lower, however.
- Department
stores operator Allders gained 0.63% after
reporting full year pretax profits that
rose 6.7% to £14.4 million, while turnover
rose 6% to £542 million.
- Cadbury
Schweppes gained 0.80% after making the
trading statement that, it expects to meet
its full year financial forecasts, and the
£800 million it spent in acquisitions will
boost its profit growth.
-
HSBC
Holdings lost 1.93% after Bloomberg News
reported that HSBC is paying $63 million
for an 8% stake in Bank of Shanghai, the
first foreign bank to invest in a Chinese
bank since the Communists took over.
-
Sportech,
the giant Soccer betting pools company,
gained 20% on news that the Chancellor
is eliminating taxes on soccer pool betting.
-
Acambis
Plc. gained 5.90% after its joint venture
with Baxter International of the US won
a $428 million, 155 million doses contract
for Smallpox vaccines from the US Department
of Health and Human Services.
-
Iceland
Group, Lonmin, GUS, and SA Breweries gained
on the eve of their earnings reports.
-
NEW
SERVICES: We now have operations in these
countries: Australia,
Canada,
South
Africa, UK
& Ireland, and United
States
. Please take full advantage
of our wonderful services.
PICKS
FOR NEXT MARKET DAY
- The
US after hours market looks too directionless
to make a call. We however, expect earnings
reports tomorrow to have tremendous influence
on how the market closes.
indexbody -->
Visit our sister portal to read more on
our analysis and summary of the United
States
.
<---D227--->
Market
Summary and Analysis for Tuesday November
27th. 2001
FTSE
100: 5266.0 = -36.5
FTSE
250: 5931.8 = -26.1
FTSE
A/S: 2544.7 = -16.7
TechMARK
100: 1542.7 = -21.1
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and
the TechMARK 100 closed lower on poor US
consumer confidence data. Gainers included:
Abbey National, Acambis Plc, AEA Technology,
Airtours Plc, Alliance & Leicester Plc,
Allied Domecq, Alphameric Plc, Anglo American
Plc, Azlan Group Plc, Biocompatibles Plc,
BP Amoco Plc, Brambles Industries, British
Airways Plc, British Vita Plc, Cable & Wireless
Plc, Compass Group Plc, Computacenter Plc,
Dixons Group Plc, Eidos, Emblaze Systems,
Friends Provident, Gallaher Group Plc, Genemedix
Plc, Granada Plc, GUS Plc, Hays Plc, Hanson
Plc, International Power, IQE Plc, Isoft
Group Plc, Kingfisher Plc, Marconi Plc,
Marks & Spencer, Medisys Plc, Ncipher Plc,
Next Plc, Northern Rock Plc, Roxboro Group
Plc, Scipher Plc, Shell Transport & Trading,
Shire Pharmaceuticals Group, Six Continents
Plc, Telework Systems, Weston Medical Plc,
and Wolseley Plc.
REASONS
FOR ACTIVITIES
- Oil
shares and prices closed higher after
the Russian Federation made known that
it will consider cutting more of its production
in January.
- Lloyds
TSB closed 1.87% lower after listing its
shares on the New York Stock Exchange
(NYSE). Banking shares also closed down
after Standard Chartered Bank denied the
takeover rumours that were reported by
weekend press.
- Marconi
gained 1.91% after announcing today that
it is selling its 21% stake in South African
telecommunications equipment maker, Siemens
Telecommunications Pty. Ltd. (Sietel)
for £20 million, and use the proceeds
to pay down debts.
- Dixons
Group gained 2.32% after reducing its
stake in French Internet Service provider
(ISP), Wanadoo.
- Kingfisher
gained 3.39% after acquiring some stake
in German DIY, Hornbach Holdings.
- Airtours
gained 5.60% after reporting full year
pretax profits that rose 57%. Airtours
plans to change its name to MyTravel,
and is cutting 1,600 jobs due to the September
11th. US attacks.
- BAE
Systems closed lower after unveiling a
new restructuring plan that will cut about
1,600 jobs. BAE also warned that there
will be reduction in contracts from Airbus
due to to hard economic times.
-
Nokia
pulled technology shares down after
revising its fiscal 2001 sales outlook.
-
Software
and computer services shares closed
lower after Teather & Greenwood downgraded
CMG, Isoft, Morse, and Sage to "sell"
recommendations.
PICKS
FOR NEXT MARKET DAY
- The
US after hours market looks too directionless
to make a call.
indexbody -->
Visit our sister portal to read more on
our analysis and summary of the United
States
.
<---D226--->
Market
Summary and Analysis for Monday November
26thrd. 2001
FTSE
100: 5302.5 = +9.3
FTSE
250: 5957.9 = +35.6
FTSE
A/S: 2561.3 = +6.2
TechMARK
100: 1563.8 = +13.4
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and
the TechMARK 100 closed higher despite
US confirmation that its economy has been
in a recession since March. Gainers included:
Acambis Plc, AIT Group Plc, Amersham Plc,
Anglo American Plc, ARM Holdings Plc,
Barclays Plc, BHP Billiton Plc, British
Biotech, BskyB Plc, Carlton Communications
Plc, Computacenter Plc, Enterprise Oil,
Filtronic Plc, Friends Provident Plc,
Galen Holdings Plc, GKN Plc, Granada Plc,
ICI Plc, Innogy Holdings Plc, Intec Telecom,
Land Securities Plc, Lloyds TSB, Man Group
Plc, Marconi Plc, Marks & Spencer Plc,
Meggitt Plc, Morse Plc, Oxford Glycosciences
Plc, Pearson Plc, Prudential Plc, Reed
International Plc, Reuters Group Plc,
Riversoft Plc, Royal & Sun Alliance, Royal
Bank of Scotland, Sage Group Plc, Scottish
& Southern Energy, Severn Trent Plc, Standard
Chartered Bank, Vodafone Group Plc, Wolseley
Plc, and WPP Group Plc.
REASONS
FOR ACTIVITIES
- Oil
shares and prices closed lower again
due to the Russian Federation's lower
than expected production cut.
- Standard
Chartered Bank gained 6.02% on weekend
press reports that Barclays and Lloyds
TSB might bid for it.
- Imperial
Tobacco lost 1.22% after reporting full
year pretax profits that rose 10% to
£494 million, while turnover rose 13%.
- Media
shares gained after the UK government
announced that it is stopping the practice
of preventing Television companies from
owning more than one ITV license in
London. Granada and Carlton Communications,
potential merger partners, gained on
the news.
- Scottish
& Southern Energy gained 0.92% after
the UK Office of Gas and Electric Markets
announced that it will soon allow gas
suppliers to set their own prices.
- Prudential
gained after announcing that it plans
to raise $1.1 billion in bond offering
so as to refinance debts.
- Vodafone
Group gained 3% after CS First Boston
raised its price target on the company.
-
BT
Group lost 0.67% after agreeing to
sell majority of its properties to
a Land Securities joint venture for
$3.4 billion. Land Securities gained
0.68%
-
BHP
Billiton gained 2.68% after canceling
its merger plans with Australian oil
company, Woodside Petroleum
PICKS
FOR NEXT MARKET DAY
- The
US after hours market looks okay.
indexbody -->
Visit our sister portal to read more
on our analysis and summary of the United
States
.
<---D225--->
Market
Summary and Analysis for Friday November
23rd. 2001
FTSE
100: 5293.2 = -52.7
FTSE
250: 5922.3 = +9.5
FTSE
A/S: 2555.2 = -21.0
TechMARK
100: 1550.4 = -10.3
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100
and the TechMARK 100 closed lower. Gainers
included: Acambis Plc, Amersham Plc,
Aston Villa FC, Autonomy Corp, Axis-Shield
Plc, BAA Plc, British Biotech, BTG Group
Plc, Cedar Group Plc, Chrysalis Group
Plc, Colt Telecom Group Plc, Diageo
Plc, Domino Printing, Emblaze Systems,
EMI Group Plc, Genetix Group Plc, Gyrus
Group Plc, Hilton Group Plc, Imperial
Tobacco, Indigovision Group, Innovation
Group Plc, Invensys, IQE Plc, Kidde
Plc, Kingfisher Plc, LastMinute.Com,
Lattice Group Plc, Macro 4 Plc, Manchester
United FC, Man Group Plc, Marconi Plc,
Medisys Plc, Meggitt Plc, Merant Plc,
Misys Plc, MmO2 Plc, Morrison Supermarket,
Morgan Crucible Plc, Morse Plc, Ncipher
Plc, Orchestream Holdings, Oxford Glycosciences
Plc, Project Telecom, Regus Plc, Rentokil
Initial Plc, Rio Tinto Plc, Roxboro
Group Plc, Royalblue Group Plc, SA Breweries,
Scipher Plc, Smith & Nephew Plc,
Spirent Plc, Standard Chartered Bank,
Telewest Communications, Telework Systems,
United Utilities Plc, and United Business
Media Plc.
REASONS
FOR ACTIVITIES
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