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LONDON STOCK EXCHANGE DAILY MARKET SUMMARY
AND ANALYSIS (Late Edition) ARCHIVES
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Market
Summary and Analysis for Wednesday January 2nd.
2002
FTSE
100: 5218.3 = +0.9
FTSE
250: 5961.6 = +22.5
FTSE
A/S: 2525.7 = +1.8
TechMARK
100: 1473.2 = +0.5
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed the first day of trading in 2002 on
a mildly positive note. Gainers included: Abbey
National, Acambis Plc, AIT Group Plc, Alliance
& Leicester, Amvescap Plc, Anglo American,
Astrazeneca Plc, Autonomy Corp, Avon Rubber Plc,
Azlan Group Plc, BAA Plc, BAE Systems Plc, Balfour
Beatty Plc, Baltimore Technology, BOC Group Plc,
Boots Co. Plc, British Airways, British Biotech
Plc, British Land Co. Plc, BTG Plc, Cable &
Wireless, Cadbury Schweppes, Carphone Warehouse,
CMG Plc, Cobham Plc, Colt Telecom Group Plc, Dicom
Group Plc, Dixons Group Plc, Electrocomponent
Plc, EMI Group Plc, Friends Provident, Galen Holdings
Plc, GKN Plc, Granada Plc, GUS Plc, Hays Plc,
HBOS, Hilton Group Plc, HSBC Holdings Plc, ICI
Plc, Imagination Technology, Imperial Tobacco,
Indigovision Group Plc, Innogy Holdings, Invensys
Plc, IQE Plc, Isoft Group Plc, ITouch Plc, Kingston
Communications, Land Securities Plc, Legal &
General Plc, Lloyds TSB, Logica Plc, London Bridge
Software, Marlborough Sterling, Merant Plc, Misys
Plc, MmO2 Plc, Morrison Supermarket, Morse Plc,
National Grid, Ncipher Plc, Next Plc, Northern
Rock Plc, Old Mutual, Pace Micro Tech, Parity
Group Plc, Parthus Technology, Pearson Plc, Phytopharm
Plc, Powderject Pharmaceuticals Plc, PPL Therapeutics,
Prudential, Psion Plc, Reckitt Benckiser Plc,
Renishaw Plc, Rentokil Initial Plc, Reuters Group
Plc, RM Plc, Royal & Sun Alliance, Royal Bank
of Scotland, SA Breweries Plc, Schroders Plc,
Scipher Plc, Scottish Power, Selfridges Plc, Shell
Transport & Trading, Signet Plc, Six Continents
Plc, Skyepharma Plc, Smith & Nephew Plc, Smiths
Group Plc, Spirent Plc, Standard Chartered Bank,
Telemetrix Plc, Thomas Clarke Plc, Trafficmaster
Plc, TTP Communications Plc, Ultra Electronics
Holdings, Unilever Plc, Vernalis Group Plc, and
Xansa Plc.
REASONS
FOR ACTIVITIES
- Euro
Zone Balance of payment Current Accounts improved
in October by posting a surplus of 0.1 Billion
Euros.
- The
Euro rallied against the major currencies as
the conversion went smother than expected.
- Anglo
American gained 4.03% after its Luxembourg paper
division offered 11.60 Euros a share for French
Timber products giant, La Rochette.
- Carphone
Warehouse gained 1.85% as analysts feel the
sell-off on Monday was overdone.
- Retailers
continued to enjoy gains today due to their
stellar performance this Christmas.
- Logica
gained 4.53% after announcing a £200 million
10-year contract to provide IT services for
the State Prosecutors' offices in England and
Wales.
- Avon
Rubber gained 9.50% as the market awaits a takeover
announcement, hopefully soon.
- Thomas
Clarke gained 16.24% after announcing that its
full year results will meet city estimates,
and could be "significantly" higher.
- Banking
shares rallied today after the market took a
break from Argentina exposure worries.
- BT
Group and Vodafone Group lost 1.38% and 1.53%
respectively after the Daily Telegraph reported
that the 2 companies talked last year about
swapping £3 billion worth of European assets.
- Rental
company Speedy Hire gained 0.85% after offering
£13.5 million for Jewson's stand alone hire
units.
- PPL
Therapeutics, the company that produced Dolly
the Sheep, gained 46.23% after announcing that
it has produced 5 healthy "knock-out"
piglets that were born on Christmas day. "knock-out"
piglets have organs that can be transplanted
to humans with little chance of rejection.
-
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
first trading week of year 2002 should be
strong.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the United
States
.
<---D249--->
Market
Summary and Analysis for Monday December 31st.
2001
FTSE
100: 5217.4 = -25.0
FTSE
250: 5939.1 = +25.4
FTSE
A/S: 2523.9 = -8.6
TechMARK
100: 1472.7 = +5.2
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed lower as the markets couldn't wait
to say good ridings to this nightmarish year.
Gainers included: Acambis Plc, AEA Technology,
Aegis Plc, Affinity Internet, Alliance & Leicester,
Alkane Energy Plc, Amec Plc, Amersham, Associated
British Foods Plc, BG Group Plc, BHP Billiton
Plc, Boots Co. Plc, Anite Group Plc, Astrazeneca
Plc, Axis-Shield Plc, Azlan Plc, Baltimore Technology,
BG Group Plc, Biocompatibles, Bookham Technology,
Boots Co. Plc, Brambles, British American Tobacco,
Brixton Plc, BTG Plc, BT Group Plc, Cable &
Wireless Plc, Cambridge Antibody, Canary Wharf
Group Plc, Celltech Group Plc, CMG Plc, Colt Telecom
Group Plc, Computacenter Plc, Dana Petroleum,
Debenhams Plc, Eidos Plc, Electronic Boutique
Plc, Energis Plc, Enterprise Oil, Fenner Plc,
Fibernet Group Plc, Galen Holdings, GlaxoSmithKline
Plc, Granada Plc, GUS, GWR Group Plc, Hit Entertainment,
Imagination Tech. Plc, Indigovision Group Plc,
Ifte Plc, International Power Plc, Intec Telecom,
J Sainsbury, Kingfisher Plc, Land Securities Plc,
Lattice Group Plc, Manchester United FC, Man Group
Plc, Marconi Plc, Marlborough Sterling Plc, Medisys
Plc, Meggitt Plc, Merant Plc, Minorplanet Systems,
Motion Media Plc, Next Plc, Northgate Information
Services, Parthus Tech, Project Telecom, Reed
International, Regus Plc, Renishaw Plc, Rio Tinto
Plc, Royalblue Group Plc, SA Breweries, Safeway
Plc, Scipher Plc, Severn Trent, Shire Pharmaceuticals
Group Plc, Skyepharma Plc, South Staffordshire
Group, Surfcontrol Plc, Telemetrix Plc, Tesco
Plc, Thus Plc, Torex Plc, TTP Communications,
Turbo Genset Plc, Unite Group Plc, United Utilities
Plc, Vernalis Group Plc, Vodafone Group Plc, White
Young Green Plc, and WPP Group Plc.
REASONS
FOR ACTIVITIES
- Oil
shares closed lower as analysts doubt if OPEC
has the discipline to hold its daily production
cuts of 1.5 million barrels.
- Carphone
Warehouse lost 12.20% after weekend press reported
that handset sales were depressed for the Christmas
holiday shopping season.
- Banking
shares closed lower on fears of their exposure
to Argentina debt and political crises.
- Affinity
Internet, Alliance & Leicester, Brixton,
Enterprise Oil, Fenner, GlaxoSmithKline, Severn
Trent, Hit Entertainment gained after The Times
selected them as its top picks for 2002. Today's
losers like Abbey National, Royal bank of Scotland,
and Invensys were also selected.
- Alkane
Energy, Electronic Boutique and Unite Group
gained after The Mail on Sunday selected them
as its top picks for 2002. Today's loser like
Anglo American was also selected.
- Amec,
BG Group, Cambridge Antibody, Colt Telecom,
Eidos, and GWR Group gained after The Sunday
Times selected them as its top picks for 2002.
Today's losers like BAE Systems and Standard
Chartered Bank were also selected.
- Aegis,
Brixton, Colt Telecom, Manchester United FC,
South Staffordshire Group, and Vodafone Group
gained as The Observer selected them as its
top picks for 2002. Today's loser like WH Smith
was also selected.
- Boots
Co, Debenhams, Ifte, Kingfisher, Next, and White
Young Green gained after The Daily Mail selected
them as its top picks for 2002. Today's losers
like Barclays, EMI Group, and Jarvis were also
selected.
- Alliance
& Leicester and Shire Pharmaceuticals Group
gained after The Sun selected them as its best
picks next year.
- Manchester
United FC gained 6.25% as the Observer pointed
out some of the positives for the club next
year: The Nike® sponsorship deal will be in
effect; New chairman Roy Gardner will renegotiate
a better TV deal; The Irish shareholders might
make a bid for the club.
-
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
first trading week of year 2002 should be
strong.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the United
States
.
<---D248--->
Market
Summary and Analysis for Friday December 28th.
2001
FTSE
100: 5242.4 = +29.2
FTSE
250: 5913.7 = +39.4
FTSE
A/S: 2532.5 = +14.1
TechMARK
100: 1467.6 = +13.1
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed higher today. Gainers included: Alliance
& Leicester, Allied Domecq Plc, Amersham,
Anglo American Plc, ARM Holdings, Astrazeneca
Plc, Boots Co. Plc, BP Amoco Plc, BskyB Plc, BT
Group Plc, Cadbury Schweppes Plc, Cambridge Antibody,
Canary Wharf Group Plc, CGNU Plc, Computacenter
Plc, Diageo Plc, Dimension Data, Eidos Plc, EMI
Group Plc, Energis Plc, Enterprise Oil, Euromoney
International, Gallaher Group Plc, GUS, HBOS Plc,
HBSC Holdings, ICI Plc, Invensys Plc, Johnson
Matthey Plc, Lattice Group Plc, Legal & General,
Lloyds TSB, Logica Plc, Marks & Spencers,
Misys Plc, Next Plc, Royal & Sun Alliance,
Royal Bank of Scotland, SA Breweries, Scottish
Power, Severn Trent, Shell Transport & Trading,
Smiths Group Plc, Telewest Communications, TTP
Communications Plc, Vernalis Group Plc, Whitbread
Holdings Plc, Wolseley Plc, WPP Group Plc, and
Xansa Plc.
REASONS
FOR ACTIVITIES
- Oil
shares gained after OPEC announced that starting
on January 1st, it will cut its crude oil production
by 1.5 million barrels a day for 6 months. Non-OPEC
members have already agreed to cut about 465,000
barrels a day.
- Cedar
Group was one of the leading decliners today
by losing 63.04% after announcing that it will
accept a takeover offer below its Thursday closing
prices - the sure sign of a financially strapped
company.
- Retailers
continued their gains today due to a strong
performance this Christmas holiday.
- US
consumer confidence and home sales data fueled
today's rally as analysts expect a recovery
this coming year.
- Utilities,
banking, and some media shares gained.
- Technology
shares gained as their counterparts across
the Atlantic got upgrades and improved outlooks.
- HSBC
Holdings gained after announcing that it is
paying $62.6 million for an 8% stake in Bank
of Shanghai. HSBC is the first outside commercial
bank to hold a stake in a Mainland China bank.
- Regus
lost 14% after issuing £40 million in convertible
bonds so as to shore up its finances.
- Astrazeneca
gained 1.9% after supplying data to the US Food
& Drug Administration (FDA) about its cancer
treatment drug, Iressa™.
-
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
first trading week of year 2002 should be
strong.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the United
States
.
<---D247--->
Market
Summary and Analysis for Thursday December 27th.
2001
FTSE
100: 5213.2 = +35.8
FTSE
250: 5874.3 = +27.4
FTSE
A/S: 2518.3 = +16.2
TechMARK
100: 1454.4 = +9.4
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed higher today. Gainers included: 3i
Group Plc, Alliance & Leicester, Allied Domecq
Plc, Amersham, Amvescap Plc, Anglo American Plc,
ARM Holdings, Associated British Foods, Boots
Co. Plc, BP Amoco Plc, Brambles Industries, British
American Tobacco, BT Group Plc, Cable & Wireless,
Cadbury Schweppes Plc, Canary Wharf Group Plc,
CGNU Plc, Computacenter Plc, Diageo Plc, Dixons
Group Plc, Electrocomponent, Energis Plc, Gallaher
Group Plc, HBOS Plc, ICI Plc, Invensys Plc, Kidde
Plc, Kingston Communications, KS Biomedix, LastMinute.Com,
Lattice Group Plc, Legal & General, Lloyds
TSB, Logica Plc, Marks & Spencers, Medisys
Plc, Misys Plc, Morse Plc, Morrison Supermarket
Plc, P&O Princess Cruise Plc, Prudential Plc,
Royal & Sun Alliance, Royal Bank of Scotland,
Shell Transport & Trading, Smiths Group Plc,
Telewest Communications, Telework Systems, Tesco
Plc, TTP Communications Plc, Vernalis Group Plc,
Vodafone Group Plc, WPP Group Plc, and Xansa Plc.
REASONS
FOR ACTIVITIES
- Oil
shares closed higher on the eve of the OPEC
emergency meeting on December 28th. in Cairo.
- Insurers
were some of the best gainers today.
- P&O
Princess gained 1.1% after stating that it expects
to post about 28p/share in profits for full
year ending December 31st.
- Retailers
gained after ringing up some strong Christmas
sales.
- Chip
related shares gained due to positive analysts
comments on US rivals like Atmel and AMD.
- Telecommunications
shares gained on optimism that the sector might
see a recovery next year.
- Tesco
gained 0.20% after stating again that it will
continue with its expansion plans next year
and create about 8,000 jobs in the UK, and about
12,000 outside the UK. Tesco's online site,
Tesco.Com, was also one of the hottest online
shopping destinations this Christmas season.
- Banking
shares also closed higher.
-
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
- US
economic data and other financial releases
tomorrow will determine how the markets close
this week. Early news from the OPEC meeting
could also be a factor.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the United
States
.
<---D246--->
Market
Summary and Analysis for Monday December 24th.
2001
FTSE
100: 5177.4 = +18.2
FTSE
250: 5846.9 = +20.5
FTSE
A/S: 2502.1 = +8.5
TechMARK
100: 1445.0 = +13.1
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed higher on this short Christmas Eve
trading day. Gainers included: 3i Group Plc, Allied
Irish Bank (AIB), Alphameric Plc, Amersham, Amvescap
Plc, Anite Group Plc, ARM Holdings, Associated
British Foods, Autonomy Corp, Axis-Shield Plc,
Barclays Plc, BG Group Plc, BHP Billiton Plc,
BP Amoco Plc, Brambles Industries, British Land
Co. Plc, BTG Group Plc, BT Group Plc, Cambridge
Antibody, Capital Group Plc, Celltech Group Plc,
CGNU Plc, Chesterton International Plc, CMG Plc,
Compass Group Plc, Computacenter Plc, Dataflex
Plc, Diagonal Plc, Enterprise Oil Plc, Filtronic
Plc, FirstGroup Plc, GB Railways Plc, GKN Plc,
Granada Plc, Hammerson Plc, HBOS Plc, Hilton Group
Plc, HSBC Holdings Plc, ICI Plc, Indigovision
Group Plc, Innovation Group Plc, Invensys Plc,
Kingston Communications, Lattice Group Plc, Legal
& General, Lloyds TSB Group, Logica Plc, Marconi
Plc, Misys Plc, Morrison Supermarket Plc, Next
Plc, Old Mutual, Pearson Plc, Psion Plc, Rank
Group Plc, Reuters Group Plc, Rio Tinto Plc, Royal
Bank of Scotland, RTL Group Plc, Scipher Plc,
Shell Transport & Trading, Shire Pharmaceuticals
Group, Smiths Group Plc, Smith & Nephew Plc,
Spirent Plc, Standard Chartered Bank, Telework
Systems, Tesco Plc, Thus Plc, Vernalis Group Plc,
Vodafone Group Plc, WPP Group Plc, and Yule Catto
& Co. Plc.
REASONS
FOR ACTIVITIES
- Oil
shares closed higher on expectations that the
OPEC emergency meeting on December 28th. will
cut crude oil production as much as the 1.5
million barrels a day the cartel and non-cartel
members seem to be eyeing.
- Rank
Group gained 2.48% after The Sunday Times reported
that its CEO has acquired shares in the company.
- Cookson
Group closed unchanged despite announcing that
it has secured £450 million in a line of credit.
Cookson also expects its full year results to
meet city estimates.
- Telecommunications
equipment makers, semiconductor related shares,
and banking shares were some of the biggest
gainers in today's short trading day.
- Lattice
Group gained 0.83% after The Times reported
today that Lattice is not after the UK assets
of Global Crossing.
- Pearson
gained 3.04% and helped push media shares higher
after selling its 22% stake in pan-European
broadcast giant, RTL Group, to Germany's Bertelsmann.
RTL Group gained 9.52% on the news.
- Chesterton
International gained 18.75% after The Mail on
Sunday identified it as a takeover target of
construction giant, Taylor Woodrow. Taylor Woodrow
closed unchanged.
- Caterer
Compass Group gained 3.97% after paying £40.7
million in cash for the 2 Swissair Group catering
units, Rail Gourmet™, and Restorama™.
- Dataflex
gained 3.26% after announcing that due to poor
market conditions, it is folding its US operations
and save about £2.4 million a year.
-
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
markets this week will be anyone's guess.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the United
States
.
<---D245--->
Market
Summary and Analysis for Friday December 21st.
2001
FTSE
100: 5159.2 = +79.0
FTSE
250: 5826.4 = +12.4
FTSE
A/S: 2493.6 = +32.6
TechMARK
100: 1431.9 = +6.4
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed higher today. Gainers included: Abbey
National, AEA Technology, Aegis Group Plc, Allied
Domecq Plc, Anglo American, Amersham, ARM Holdings,
Astrazeneca Plc, BAA Plc, BAE Systems Plc, Baltimore
Technology, Barclays Plc, BBA Group Plc, BG Group
Plc, BHP Billiton Plc, Biocompatibles, Bookham
Technology, BP Amoco Plc, Brambles Industries,
British Airways Plc, British American Tobacco,
British Land Co. Plc, BskyB Plc, BTG Group Plc,
Cable & Wireless, Cadbury Schweppes Plc, Celltech
Plc, Diageo Plc, EMI Group Plc, Enterprise Oil
Plc, Friends Provident, Gallaher Group Plc, GlaxoSmithKline,
GUS Plc, Imperial Tobacco, Innogy Holdings, Innovation
Group Plc, International Power, IQE Plc, J Sainsbury,
Kingfisher Plc, KS Biomedix, Land Securities,
Lloyds TSB Group, Marconi Plc, Marks & Spencer,
Medisys Plc, MmO2, National Express Plc, Ncipher
Plc, Old Mutual, Prudential Plc, Regus Plc, Rentokil
Initial Plc, Rio Tinto Plc, SA Breweries Plc,
Safeway Plc, Scottish Power, Shell Transport &
Trading, Severn trent Plc, Six Continents Plc,
Skyepharma Plc, Smith & Nephew Plc, Standard
Chartered Bank, Tesco Plc, Tomkins Plc, Unilever
Plc, United Utilities Plc, Vodafone Group Plc,
Whatman Plc, and Wolseley Plc.
REASONS
FOR ACTIVITIES
- Oil
shares closed higher on expectations that the
OPEC emergency meeting next week will cut crude
oil production.
- Insurers
were hit today after Zurich Financial issued
a profit warning.
- Banking
shares recovered from concerns about Argentina.
- Marconi
gained 16.07% after announcing that it will
meet its debt payment target about 3 months
earlier than schedule, now that it has agreed
to sell its washing machine business.
- South
African based shares gained after South African
officials announced their intentions to find
a solution for its sliding currency, the Rand.
- Tomkins
gained 0.48% after agreeing to an out of court
settlement in a lawsuit brought by former CEO,
Greg Hutchings.
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