|
LONDON STOCK EXCHANGE DAILY MARKET SUMMARY
AND ANALYSIS (Late Edition) ARCHIVES
<---D270--->
Market
Summary and Analysis for Wednesday January 30th.
2002
FTSE
100: 5089.3 = -42.1
FTSE
250: 5791.2 = -70.1
FTSE
A/S: 2461.9 = -21.9
TechMARK
100: 1318.9 = -24.3
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed lower today again. Gainers included:
Acambis Plc, ARM Holdings Plc, Associated British
Foods, Astrazeneca Plc, BAA Plc, BAE Systems Plc,
BG Group Plc, Biocompatibles Plc, BOC Group Plc,
Boots Co. Plc, BP Amoco Plc, British American
Tobacco, British Biotech Plc, British Land Co.
Plc, BT Group Plc, BskyB Plc, Compass Group Plc,
Daily Mail & General Trust, Diageo Plc, Dicom
Group Plc, Eidos Plc, Enterprise Oil, Gallaher
Group Plc, Genemedix Plc, Generics Group Plc,
Granada Plc, GUS Plc, Hanson Plc, Innogy Holdings,
J Sainsbury Plc, Kidde Plc, Lattice Group Plc,
Logica Plc, Man Group Plc, Marconi Plc, Marks
& Spencer Plc, Matalan Plc, Motion Media Plc,
Next Plc, Oxford Glycosciences, Parthus Technology,
Proteome Sciences Plc, Reckitt Benckiser Plc,
Reed International, Reuters Group Plc, SA Breweries
Plc, Scottish & Newcastle Plc, Scottish Power,
Scottish & Southern Energy Plc, Severn Trent
Plc, Shell Transport & Trading, Trafficmaster
Plc, Unilever Plc, Whatman Plc, and Wolseley Plc.
REASONS
FOR ACTIVITIES
- Banking
shares closed lower today.
- Cordiant
Communications lost 15% on news that its CEO,
Michael Bungey, is being pressured to resign
before March earnings release.
- Rolls
Royce lost 6.02% despite denying market rumours
that the "fuzzy" accounting furor
in the US will affect it. Indeed, all major
multinationals were under accounting problems
suspicion today.
- Telecommunications
shares were still weaker after the bankruptcy
protection filing of US based Global Crossing.
- Oil
shares had some gains today.
-
Visit our
Up to the minute market charts covering commodities,
derivatives, foreign exchange, futures, interest
rates, and global stock markets for
the closing numbers worldwide.
- Proteome
Sciences gained 4.21% after announcing that
it has received a patent that will allow the
detection of Mad Cow disease and vCJD in blood.
- Media
shares staged a modest recovery today.
- Irish
chip designer Parthus Technology gained 8.53%
after reporting full year pretax loss of £8.3
million, and revenue that rose 22% to £28
million. Chip licensing fees and royalties
rose 87% to £20 million.
- AFTER
CLOSE: The US Federal Reserve FOMC left interest
rates unchanged, and US markets staged a strong
rally to close 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
- The
US Federal Reserve FOMC interest rate announcement
will likely lift the markets tomorrow too.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets.
<---D269--->
Market
Summary and Analysis for Tuesday January 29th.
2002
FTSE
100: 5131.4 = -92.2
FTSE
250: 5861.3 = -40.5
FTSE
A/S: 2483.8 = -40.1
TechMARK
100: 1343.2 = -28.3
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed lower today. Gainers included: Aberdeen
Asset Management, Alphameric Plc, Anite Group
Plc, ARM Holdings, Autonomy Corp, Baltimore Technology,
British Airways Plc, British American Tobacco,
EMI Group Plc, British Land Co. Plc, Cobham Plc,
Computacenter Plc, Dicom Group Plc, Egg Plc, Fibernet
Group Plc, First Technology Plc, Galen Holdings
Plc, Genemedix Plc, Imperial Tobacco, Indigovision
Group Plc, IQE Plc, Isoft Group Plc, ITouch Plc,
Kidde Plc, Kingston Communications Plc, KS Biomedix
Plc, LastMinute.Com, Lynx Group Plc, Meggitt Plc,
Morse Plc, National Grid, Ncipher Plc, Oxford
Glycosciences, Oxford Instruments, Psion Plc,
Renishaw Plc, Rentokil Initial Plc, Ricardo Plc,
Royalblue Group Plc, Skyepharma Plc, Smiths Group
Plc, Synstar Plc, Trafficmaster Plc, TTP Communications
Plc, and Whatman Plc.
REASONS
FOR ACTIVITIES
- LastMinute.Com
gained after announcing an array of deals,
and benefited from strong earnings reported
late yesterday by its US rivals, Expedia.Com,
Hotel Reservations Network, Priceline.Com,
and Travelocity.Com.
- Old
Mutual lost 3.57% after announcing that its
US assets under management declined $28 billion
to $149.9 billion.
- Satellite
TV behemoth BskyB lost 6.33% after Morgan
Stanley made known that the company's fiscal
Q2 results might miss city estimates.
- Telecommunications
shares were still weaker after the bankruptcy
protection filing of US based Global Crossing.
- Dimension
Data lost 6.97% after Merrill Lynch lowered
its earnings estimates on the stock.
-
Visit our
Up to the minute market charts covering
commodities, derivatives, foreign exchange,
futures, interest rates, and global stock
markets for the closing numbers worldwide.
- Oil
shares were some of the hardest hit today.
- Online
bank Egg gained 5.15% after paying $6.90 million
to acquire French online bank, Zebank. Merrill
Lynch upgraded the shares to a "strong
buy" and raised its price target due
to the news.
- Psion
gained 5.21% after its Symbian joint
venture secured some £21 million in additional
funding.
- TV
media shares were down after disappointing
UK TV audience numbers.
- Banking
and technology shares were lower after US
markets were swept to lowest lows in 3 months
due to "fuzzy" corporate accounting
fears.
- Kingston
Communications gained 0.24% after reporting
fiscal Q3 EBITDA that rose 267%, while sales
rose 37% over the year to £82.4 million.
-
-
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 Federal Reserve FOMC announcement will
be the highlight of the day.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets.
<---D268--->
Market
Summary and Analysis for Monday January 28th.
2002
FTSE
100: 5223.6 = +30.6
FTSE
250: 5901.8 = +2.2
FTSE
A/S: 2523.9 = +12.2
TechMARK
100: 1371.5 = -20.5
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 closed higher,
while the TechMARK 100 closed lower today. Gainers
included: Abbey National Plc, AEA Technology,
AIT Group Plc, Alliance & Leicester Plc, Amersham
Plc, Associated British Foods, Barclays Plc, BG
Group Plc, BHP Billiton Plc, BP Amoco Plc, BOC
Group Plc, Boots Co. Plc, Brambles Industries,
British American Tobacco, Cable & Wireless
Plc, Canary Wharf Plc, Capita Group Plc, CMG Plc,
Compass Group Plc, Computacenter, Daily Mail &
General Trust, Diageo Plc, Dicom Group Plc, Eidos
Plc, Electrocomponent, Energis Plc, Express Diaries
Plc, Filtronic Plc, First Technology Plc, Friends
Provident Plc, Gallaher Group Plc, Genemedix Plc,
Granada Plc, HSBC Holdings Plc, Imagination Tech,
Indigovision Group Plc, Innogy Holdings Plc, Intec
Telecom Plc, Itouch Plc, J Sainsbury Plc, Kingfisher
Plc, KS Biomedix Plc, Land Securities Plc, Lloyds
TSB, Man Group Plc, Marconi Plc, Marks & Spencer
Plc, Marlborough Sterling Plc, Medisys Plc, Morrison
Supermarket, Morse Plc, National Grid, Northern
Rock Plc, P&O Princess Cruise Plc, Pearson
Plc, Powergen Plc, Prudential Plc, Reed International,
Renishaw Plc, Rentokil Initial, Reuters Group
Plc, Rio Tinto Plc, Rolls Royce Plc, Royal &
Sun Alliance Plc, Royal Bank of Scotland, Royalblue
Group Plc, Schroders NV, Schroders Plc, Scottish
& Newcastle, Scottish Power Plc, Severn Trent
Plc, Shell Transport & Trading Plc, Six Continents
Plc, Smiths Group Plc, Spirent Plc, Synstar Plc,
Standard Chartered Bank, Tesco Plc, Thus Plc,
Whatman Plc, and WPP Group Plc.
REASONS
FOR ACTIVITIES
- Energis
gained 11.11% after confirming talks with
some of its creditor bankers.
- P&O
Princess gained 3.10% after The Financial
Times reported that US based Carnival Cruise
Line might sweeten its offer before the February
14th. shareholder meeting.
- Rolls
Royce gained 1.04% after announcing a 15-year
£170 million total care deal with Air Canada
for its Trent 772™ Engines.
- BP
Amoco gained 2.04% and helped lift Shell too
after Goldman Sachs upgraded it to its "recommended
list".
- British
Airways lost 3.34% today after terminating
its Alliance with American Airlines after
the US Department of Transport proposed that
the 2 airlines to give up 224 weekly slots
at Heathrow.
- Express
Diaries gained 79.31% after the company confirmed
that it has received a bid approach. Word
is that, Danish company, Arla Foods, is the
bidder. Analysts are expecting a bidding war.
-
Visit our
Up to the minute market charts covering
commodities, derivatives, foreign exchange,
futures, interest rates, and global stock
markets for the closing numbers worldwide.
- Chip
maker ARM Holdings lost 8.06% despite reporting
fiscal Q4 results that beat city estimates.
ARM however, warned that the weak global chip
market might hurt in the near term.
- Telecommunications
shares closed lower after US based Global
Crossing filed for Chapter 11 Bankruptcy protection.
- Banking
shares gained after Merrill Lynch increased
its "overweight" outlook on European
Banks. Merrill Lynch also has a "strong
buy" on Royal Bank of Scotland, which
gained 3.14%.
- Torotrak
lost 57.56% after General Motors changed its
mind about using the company's Infinite Variable
transmission technology.
- Media
shares were shabby today.
-
-
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
after hours market looks pretty strong due
to good earnings from Expedia, Texas Instruments,
and Terayon Communications.
- Anything
is possible as the US Federal Reserve FOMC
meeting starts tomorrow.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets.
<---D267--->
Market
Summary and Analysis for Friday January 25th.
2002
FTSE
100: 5193.0 = -40.1
FTSE
250: 5899.6 = -31.7
FTSE
A/S: 2511.7 = -18.4
TechMARK
100: 1391.9 = -19.1
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed lower today. Gainers included: 3i Group
Plc, Acambis Plc, AEA Technology, ARM Holdings
Plc, Autonomy Corp, BAE Systems Plc, BG Group
Plc, Biocompatibles, BP Amoco Plc, Cadbury Schweppes
Plc, Centrica Plc, Computacenter, Dicom Group
Plc, Eidos Plc, Enterprise Oil Plc, First Technology
Plc, Genemedix Plc, ICI Plc, Intec Telecom Plc,
International Power Plc, Isoft Group Plc, Itouch
Plc, Lattice Group Plc, Legal & General Plc,
KS Biomedix Plc, Marlborough Sterling Plc, Medisys
Plc, Morrison Supermarket, Parthus Technology,
Renishaw Plc, SA Breweries Plc, Safeway Plc, Schroders
Plc, Scottish & Newcastle, Shell Transport
& Trading Plc, Shire Pharmaceuticals Group,
Smith & Nephew Plc, Telemetrix Plc, Telework
Systems Plc, Tesco Plc, Thus Plc, Whatman Plc,
and Xansa Plc.
REASONS
FOR ACTIVITIES
- Technology
shares closed lower after their counterparts
across the Atlantic like JDS Uniphase, Gateway,
and Peoplesoft reported less than stellar
earnings.
- Thus
gained 6.99% after reporting fiscal Q3 pretax
profit of £6.6 million and turnover of £74.5
million.
- Energis
lost 21.74% due to its earnings warning on
Thursday. Telecommunications related shares
went down on the news too.
- British
Airways lost 4.51% after US Department of
Transport proposed that a closer alliance
with American Airlines will require the 2
airlines to give up 224 weekly slots at Heathrow.
- Oil
shares and prices continued their gains today.
-
Visit our
Up to the minute market charts covering
commodities, derivatives, foreign exchange,
futures, interest rates, and global stock
markets for the closing numbers worldwide.
- Virtual
Internet lost 45.33% after announcing that
talks to acquire it have terminated.
- Mining
shares closed lower due to poor prices on
the London Metals Exchange.
- Fibernet
lost 45.21% after warning that its losses
will be worst than expected.
- GlaxoSmithKline
lost 2.45% after stating that it might sell
some assets if its current drug discovery
drought continues.
- Vodafone
Group lost 1.21% after selling its fixed-lines
telecommunications assets in Germany to Arcos
for £713 million.
-
-
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
- Anything
is possible this week as the US Federal
Reserve FOMC starts on Tuesday and ends
on Wednesday.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets.
<---D266--->
Market
Summary and Analysis for Thursday January 24th.
2002
FTSE
100: 5233.1 = +52.5
FTSE
250: 5931.3 = +12.3
FTSE
A/S: 2530.1 = +22.2
TechMARK
100: 1411.0 = +9.2
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed higher today. Gainers included: Abbey
National, Allied Domecq Plc, Amvescap Plc, Anglo
American, ARM Holdings, Autonomy Corp, BAE Systems
Plc, Baltimore Technology, Barclays Plc, BG Group
Plc, BHP Billiton Plc, BOC Group Plc, Bookham
Technology, BP Amoco Plc, Brambles Plc, British
Airways Plc, British Biotech Plc, BskyB Plc, BTG
Plc, Cadbury Schweppes Plc, Canary Wharf Plc,
Capita Group Plc, Carphone Wholesale Plc, Celltech
Group Plc, Centrica Plc, CMG Plc, Computacenter,
Diagonal Plc, Dicom Group Plc, Eidos Plc, Emblaze
Systems, Enterprise Oil, Filtronic Plc, Friends
Provident, Guardian IT, GUS Plc, HBOS Plc, Hilton
Group Plc, HSBC Holdings, ICI Plc, Intec Telecom,
International Power, Invensys Plc, Isoft Group
Plc, Kidde Plc, Kingfisher Plc, Kingston Communications
Plc, Lattice Group Plc, Logica Plc, Lynx Group
Plc, Marlborough Sterling Plc, Medisys Plc, Misys
Plc, MmO2 Plc, Northern Rock, Old Mutual, P&O
Princess, Pace Micro Tech, Parity Group Plc, Pearson
Plc, Project Telecom Plc, Prudential Plc, Psion
Plc, Reed International, Reuters Group Plc, Rio
Tinto Plc, Rolls Royce Plc, Royal Bank of Scotland,
Sage Group Plc, Schroders Plc, Scipher Plc, Shell
Transport & Trading, Six Continents Plc, Skyepharma,
Surfcontrol Plc, Tesco Plc, Torex Plc, Torotrak
Plc, TTP Communications Plc, Turbo Genset Plc,
United Utilities Plc, Vernalis Group Plc, Vodafone
Group Plc, Whatman Plc, and WPP Group Plc.
REASONS
FOR ACTIVITIES
- BHP
Billiton gained 2.98% after reporting that
for Q4 2001, iron Ore production rose 6% to
17.3 million tons. Copper production declined
18% to 221,600 tons- due mostly to plant closings.
Crude Oil and related products production
stood at 19.7 million barrels.
- Misys
gained 3.86% after reporting fiscal Q1 pretax
profit of £23.8 million and revenue of £480
million, an 18% increase from last year, and
higher than city estimates. Misys is optimistic
about fiscal Q2.
- Autonomy
gained 16.98% on news that it has turned the
corner.
- Technology
shares gained after Nokia reported a strong
fiscal Q4 results, and reiterated its 2002
outlook.
- Anglo
American gained 1.29% after announcing that
it is withdrawing from its trouble Zambian
Copper operations, and will take a $350 million
accounting charge.
- Media
shares did better today.
- ARM
Holdings gained 9.90% after JP Morgan Chase
became bullish on the chip sector.
-
Visit our
Up to the minute market charts covering
commodities, derivatives, foreign exchange,
futures, interest rates, and global stock
markets for the closing numbers worldwide.
- Software
company Macro 4 Plc. lost 42% after issuing
an earnings warning.
- Carphone
Wholesale and Reuters Group recovered some
of their losses in the last few days.
- Energis
lost 57.01% after announcing that it might
breach some of its convents with lending banks.
- British
Airways gained 3.41% after Dresdner Kleinwort
Wasserstein upgraded the sector.
- Oil
shares continued their upward movement today
after Iran announced yesterday that it might
cut oil production further so as to support
prices.
- US
Federal Reserve Chairman, Alan Greenspan,
made positive comments about the US economy
in his yearly testimony to the US Senate banking
and finance committee - these comments rallied
world markets.
-
-
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
- Anything
is possible this week due to the earnings
season, and expectations of what the US
Federal Reserve Bank will do next week.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets.
<---D265--->
Market
Summary and Analysis for Wednesday January 23rd.
2002
FTSE
100: 5180.6 = +31.4
FTSE
250: 5919.0 = -20.3
FTSE
A/S: 2507.9 = +11.3
TechMARK
100: 1401.8 = -18.5
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 closed higher,
while the TechMARK 100 closed lower for the third
day in a row. Gainers included: Abbey National,
Aggregate Industries Plc, Airtours Plc, Allders
Plc, Amersham Plc, Anglo American, Arcadia Group
Plc, Astrazeneca Plc, Axis-Shield Plc, BAA Plc,
BA Plc, BAE Plc, Barclays Plc, BG Group Plc, BHP
Billiton Plc, Boots Co. Plc, BP Amoco Plc, Brambles
Plc, British Airways Plc, British American Tobacco,
BTG Plc, BT Group Plc, Cable & Wireless, Canary
Wharf Plc, Compass Group Plc, Computacenter, Daily
Mail & General Trust, Diagonal Plc, Dicom
Group Plc, Dixons Group Plc, Eidos Plc, Gallaher
Group Plc, GlaxoSmithKline, GUS Plc, Hanson Plc,
HBOS Plc, Hilton Group Plc, Indigovision Group
Plc, Invensys Plc, J Sainsbury, Kidde Plc, KS
Biomedix Plc, Land Securities Plc, Legal &
General Plc, Lloyds TSB Plc, Lynx Group Plc, Man
Group Plc, Marks & Spencer Plc, McBride Plc,
Misys Plc, N Brown Group Plc, Northern Rock Plc,
Northgate Information Services, Old Mutual, Pace
Micro Tech, Parity Group Plc, Powderject Pharmaceuticals,
Prowting Plc, Prudential Plc, Psion Plc, Reckitt
Benckiser Plc, Rio Tinto Plc, Royal Bank of Scotland,
SA Breweries Plc, Sage Group Plc, Schroders NV,
Scottish Power Plc, Shell Transport & Trading,
Shire Pharmaceuticals Group Plc, Smiths Group
Plc, Taylor Woodrow Plc, Telemetrix Plc, Telework
Systems, TTP Communications Plc, Vernalis Group
Plc, Whatman Plc, and Wolseley Plc.
REASONS
FOR ACTIVITIES
- Airtours
gained 3.17% on an ABN AMRO upgrade to a "buy".
- Oil
shares and prices closed higher after Iran
announced that it might cut its production
further so as to prop up prices.
- N
Brown gained 3.38% after announcing that despite
the tragic events and hardships in the last
quarter of 2001, its UK catalogue shopping
business did well.
- Misys
gained 2.72% after announcing that it has
won a $17.7 million contract with the Los
Angeles County, USA, to supply laboratory
information services for its Department of
Health Services.
- Reuters
Group lost 5.43% after Morgan Stanley cut
its earnings outlook on the media giant on
concerns that rival, Bloomberg, is gaining
market share at the expense of Reuters.
- Radio
operator GWR lost 9% after announcing that
its revenue for the quarter ended December
31st. declined 8.4%. Other media shares closed
lower on the news.
-
Visit our
Up to the minute market charts covering
commodities, derivatives, foreign exchange,
futures, interest rates, and global stock
markets for the closing numbers worldwide.
- Rio
Tinto gained 2% after reporting Q4 production
results that met city estimates.
- Semiconductor
related shares closed lower after French/Italian
semiconductor giant, STMicroelectronics, warned.
- Scottish
& Newcastle lost 2.07% on a Reuters report
that the giant brewer is taking a minority
stake in India's largest brewer, United Breweries.
- Banking
and pharmaceutical shares were strong today
too.
- Marks
& Spencer gained 0.82% after outlining
today how it intends to return £2 billion
to shareholders.
-
-
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
- Anything
is possible this week due to the earnings
season, and expectations of what the US
Federal Reserve Bank will do next week.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets.
<---D264--->
Market
Summary and Analysis for Tuesday January 22nd.
2002
FTSE
100: 5149.2 = +10.7
FTSE
250: 5939.3 = +8.0
FTSE
A/S: 2496.6 = +4.7
TechMARK
100: 1420.3 = -6.0
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 closed higher,
while the TechMARK 100 closed lower for the second
day in a row. Gainers included: 3i Group Plc,
Abbey National Plc, Acambis Plc, AEA Technology,
Alliance & Leicester Plc, Anglo American Plc,
ARM Holdings, Astrazeneca Plc, Axis-Shield Plc,
Azlan Group Plc, BAA Plc, BG Group Plc, BHP Billiton
Plc, Boots Co. Plc, Brambles Industries, British
Airways Plc, British Land Co. Plc, BskyB Plc,
Cable & Wireless, Cadbury Schweppes Plc, Canary
Wharf Plc, CGNU Plc, Chemring Group Plc, Cobham
Plc, Colt Telecom Group, Computacenter Plc, Dicom
Group Plc, Dimension Data, Dixons Group Plc, Domino
Printing, Emblaze Systems Plc, EMI Group Plc,
Fibernet Group Plc, First Technology Plc, Galen
Holdings Plc, GlaxoSmithKline Plc, Hanson Plc,
HBOS Plc, HSBC Holdings Plc, ICI Plc, Imperial
Tobacco, Intec Telecom Plc, International Power,
Invensys Plc, Isoft Group Plc, J Sainsbury, Kingston
Communications, KS Biomedix Plc, Land Securities
Plc, Legal & General Plc, Lloyds TSB, Lynx
Group Plc, Merant Plc, Misys Plc, Morrison Supermarket,
National Grid, Ncipher Plc, Next Plc, Northern
Rock, Old Mutual Plc, Parity Group Plc, Pearson
Plc, Powderject Pharmaceuticals, Project Telecom
Plc, Reckitt Benckiser Plc, Reed International,
Rentokil Initial Plc, Reuters Group Plc, Rio Tinto
Plc, Rolls Royce Plc, Roxboro Group Plc, Royal
& Sun Alliance, Royal Bank of Scotland, SA
Breweries Plc, Sage Group Plc, Schroders Plc,
Scottish & Newcastle, Shire Pharmaceuticals
Group Plc, Spirent Plc, Standard Chartered Bank,
Surfcontrol Plc, Synastar Plc, Tesco Plc, Torex
Plc, Ultra Electronics Holdings, Unilever Plc,
and Whatman Plc.
REASONS
FOR ACTIVITIES
- Euro
Zone Consumer Price Index (CPI) held steady
at 2.1% in December. The Core CPI, which excludes
volatile energy, tobacco, Alcohol, and food,
rose to 2.3%.
- Media
shares staged a comeback today after across
the Atlantic press seem to suggest that Federal
Reserve Chairman Alan Greenspan's comments
last week might have been deemed too pessimistic.
- HSBC
Holdings gained 0.90% after The South China
Morning Post of Hong Kong reported that the
banking giant is looking for possible acquisitions
in Belgium and Thailand.
- Vodafone
Group lost 1.07% after announcing that for
Q4 of 2001, it added 4.4 million new customers,
which was lower than previous years, as the
customer base now stands at 100 million.
- Insurer
CGNU gained 4.43% after reporting that its
full year worldwide sales rose 10% to £15
billion.
- Software
shares weren't too bad either.
-
Visit our
Up to the minute market charts covering
commodities, derivatives, foreign exchange,
futures, interest rates, and global stock
markets for the closing numbers worldwide.
- Chemring
Group gained 2.12% after reporting full year
pretax profits of £9.4 million, a 32% increase,
on turnover of £95.2 million, a 42% increase.
- Misys
gained 0.94% after announcing that it will
develop an electronic trading software for
insurers: Friends Provident, CGNU's Norwich
Union, and Lloyds TSB's Scottish Widows.
- P&O
Princess lost 0.75% after US based Carnival
Cruise Lines announced that it will take its
500p/share bid to shareholders.
- Mining
shares were better today, and so were pharmaceutical
shares.
- Northern
Rock gained 0.61% on a Merrill Lynch Upgrade
to a "buy", while Alliance &
Leicester gained 0.87% despite a Merrill Lynch
downgrade to "reduce".
-
-
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
- Anything
is possible this week due to the earnings
season, and expectations of what the US
Federal Reserve Bank will do next week.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets.
<---D263--->
Market
Summary and Analysis for Monday January 21st.
2002
FTSE
100: 5138.5 = +11.7
FTSE
250: 5931.3 = -16.4
FTSE
A/S: 2491.9 = +3.9
TechMARK
100: 1426.3 = -3.4
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 closed higher,
while the TechMARK 100 closed lower today. Gainers
included: 3i Group Plc, AIT Group Plc, Alliance
& Leicester Plc, Allied Domecq Plc,
Amersham Plc, Anite Group Plc, Antisoma Plc, Associated
British Foods, Astrazeneca Plc, BAE Systems Plc,
Baltimore Technology, Barclays Plc, BG Group Plc,
BHP Billiton, BOC Group Plc, BP Amoco Plc, British
Land Co. Plc, Cadbury Schweppes Plc, CGNU Plc,
CMG Plc, Diageo Plc, Dicom Group Plc, Domino Printing,
Electrocomponent, Emblaze Systems Plc, Filtronic
Plc, Friends Provident Plc, Galen Holdings Plc,
Gallaher Group Plc, GlaxoSmithKline Plc, Great
Portland Estates Plc, Hanson Plc, HBOS Plc, HSBC
Holdings Plc, ICI Plc, Imperial Tobacco Plc, Innogy
Holdings, Invensys Plc, IQE Plc, J Sainsbury Plc,
Kingfisher Plc, Kingston Communications Plc, Land
Securities Plc, Lattice Group Plc, Lloyds TSB
Plc, Lynx Group Plc, Man Group Plc, Marconi Plc,
Marks & Spencer Plc, Medisys Plc, Merant Plc,
Monsoon Plc, Morrison Supermarket Plc, National
Grid Plc, Ncipher Plc, Next Plc, Northern Rock
Plc, Old Mutual, Parity Group Plc, Powergen Plc,
Reckitt Benckiser Plc, Rolls Royce Plc, Royal
Bank of Scotland, Royalblue Group Plc, Schroders
NV, Scottish Power Plc, Slough Estate Plc, Smith
& Nephew Plc, Spectris Plc, Spirent Plc, Standard
Chartered Bank, Telewest Communications, Telework
Systems, Tesco Plc, TTP Communications, Ultra
Electronics Holdings, Unilever Plc, United Utilities
Plc, Wolseley Plc, Woolworths Plc.
REASONS
FOR ACTIVITIES
- Land
Securities gained 2.26% on news that it is
about to be acquired. Other property developers
gained on the news too.
- Marconi
gained 1.57% despite a downgrade from Teather
& Greenwood to a "hold" recommendation.
- BG
Group gained 0.27% after signing an agreement
with Gaz de France for Egyptian Gas.
- Defensive
shares like Tobacco and Utilities gained.
- CMG
gained 3.15% after Goldman Sachs and Merrill
Lynch upgraded it.
- Marconi
gained 1.57% on news that it is about to complete
a £3 billion round of new financing.
- P&O
Princess lost 0.51% after rejecting the sweetened
bid from Carnival Cruise Line.
- Clothing
retailer Monsoon gained 8.77% after announcing
that for the 4 weeks ending December 22nd,
its like-for-like sales rose 11%.
-
Visit our
Up to the minute market charts covering
commodities, derivatives, foreign exchange,
futures, interest rates, and global stock
markets for the closing numbers worldwide.
- Filtronic
gained 19.52% due to analysts' good outlook
on its Third Generation (3G) CDMA products,
despite announcing that its first half pretax
losses almost doubled to £4.5 million.
- Online
banker Egg lost 4.05%, and its 80% majority
holder Prudential also closed lower after
Egg confirmed it is taking a major stake in
France based online bank, Zebank, a unit of
Billionaire Bernard Arnault's Groupe Arnault.
- Thus
lost 11.24% on fears that its former parent,
Scottish Power, might flood the market with
Thus' shares. Thus is trying to stay independent
of its former parent.
- Antisoma
gained 11.29% after reporting that its DMXAA™
Cancer Drug is showing good results against
Cancer tumours.
- Media
shares closed lower as advertisement revenue
recovery continue to be a concern in the sector.
- telecommunications
shares closed lower after Morgan Stanley downgraded
Nokia to a "market underperformer".
-
-
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
- Anything
is possible this week due to the earnings
season, and expectations of what the US
Federal Reserve Bank will do next week.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets.
<---D262--->
Market
Summary and Analysis for Friday January 18th.
2002
FTSE
100: 5126.8 = -11.6
FTSE
250: 5947.7 = +1.8
FTSE
A/S: 2488.0 = -4.8
TechMARK
100: 1429.7 = -13.1
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed lower today after IBM, Microsoft, and
Nortel reported less than stellar earnings yesterday.
Gainers included: Abbey National Plc, Acambis
Plc, Airtours Plc, AIT Group Plc, Alliance Trust
Plc, Alphameric Plc, Anglo American, Anite Group
Plc, Astrazeneca Plc, AWG Plc, Axis-Shield, Barratt
Developments, BG Group Plc, Boots Co. Plc, Britannic
Plc, British Airways Plc, British American Tobacco,
British Land Co. Plc, Canary Wharf Plc, Capita
Group Plc, Celltech Group Plc, Collins Stewart
Plc, Computacenter Plc, Corus Group Plc, Daily
Mail & General Trust, Diageo Plc, Dicom Group
Plc, Domino Printing Plc, Eidos Plc, Enterprise
Oil, Fibernet Group Plc, First Technology, Galen
Holdings Plc, Gallaher Group Plc, Genemedix Plc,
GlaxoSmithKline, Granada Plc, Hanson Plc, Hilton
Group Plc, Imagination Technology, Indigovision
Group, Innogy Holdings Plc, Intec Telecom Plc,
Land Securities Plc, Lattice Group Plc, Legal
& General, Lynx Group Plc, Marlborough Sterling
Plc, Marks & Spencer Plc, Motion Media Plc,
Ncipher Plc, Next Plc, Oxford Instruments, Pace
Micro Tech, Parity Group Plc, Parthus Tech, Project
Telecom, Prudential Plc, Rio Tinto Plc, Roxboro
Group Plc, Royalblue Group Plc, Schroders Plc,
Scottish & Newcastle, Scottish & Southern
Energy Plc, Severn Trent Plc, Shire Pharmaceuticals
Group Plc, Six Continents Plc, Spectris Plc, Standard
Chartered Bank, Turbo Genset Plc, Ultra Electronics
Holdings, Unilever Plc, Vernalis Plc, WPP Group
Plc, and Xansa Plc.
REASONS
FOR ACTIVITIES
- GlaxoSmithKline
gained 3.48% after a US advisory panel accepted
the expanded use of its Asthma drugs, Flovent™
and Advair™.
- Industrial
gases giant BOC Group lost 0.30% after warning
that its BOC Edwards unit will affect profits,
and so will the Japanese Yen and the South
African Rand.
- Elan
lost 11.58% after suspending clinical trials
for its Alzheimer's treatment drug.
- Christian
Salvesen lost 8.05% after warning that its
profits will be hurt by its Spanish operations,
and a weak demand in German automotive and
engineering sectors.
- Banking,
Technology, Media, and telecommunications
were hit hard today.
-
Visit our
Up to the minute market charts covering
commodities, derivatives, foreign exchange,
futures, interest rates, and global stock
markets for the closing numbers worldwide.
- Allied
Domecq lost 1.77% after announcing that it
will develop flavored malt beverages with
US based Miller Brewing company. Allied Domecq
also stated that Mexican excise duty rebates
could increase earnings by £110 million. Allied
Domecq expects to meet its first half estimates,
but warned that the economic slowdown could
hinder revenue growth.
- Stockbroker
Collins Stewart gained 8.01% after announcing
that it expects to beat 2001 city estimates:
Operating profit is expected to rise by 8%,
revenue by 10%, and expects to beat city pretax
profit estimates by 40%.
- BT
Group lost 0.93% after telecommunications
industry regulators, Oftel, told the company
to cut the connection and rental charges it
charges rival carriers.
|