|
LONDON STOCK EXCHANGE DAILY MARKET SUMMARY
AND ANALYSIS (Late Edition) ARCHIVES
<---D320--->
Market
Summary and Analysis for Friday April 12th. 2002
FTSE
100: 5161.0 = +23.6
FTSE
250: 6140.5 = -7.6
FTSE
A/S: 2510.8 = +9.3
TechMARK
100: 1133.8 = +3.5
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed higher on Friday. Gainers included:
3i Group Plc, Allied Domecq Plc, AEA Technology
Plc, Axon Group Plc, Barclays Plc, BOC Group Plc,
Brambles Industries, Britannic Plc, British Airways
Plc, British American Tobacco Plc, British Land
Co. Plc, BT Group Plc, Cable & Wireless Plc,
Cadbury Schweppes Plc, Capita Group Plc, Compass
Group Plc, Corus Group Plc, Daily Mail & General
Trust, Dixons Group Plc, Exel Plc, Friends Provident
Plc, Galen Holdings Plc, Gallaher Group Plc, Goldshield
Group Plc, Granada Plc, Hays Plc, HBOS Plc, Hilton
Group Plc, Land Securities Plc, LastMinute.Com,
Lattice Group Plc, Legal & General, Lloyds
TSB Plc, London Bridge Software Plc, Man Group
Plc, Marconi Plc, Meggitt Plc, ML Labs Plc, Morrison
Supermarket Plc, Northgate Information Service
Plc, Old Mutual Plc, Pace Micro Tech, Pearson
Plc, Powderject Pharmaceuticals, Reckitt Benckiser
Plc, Reuters Group Plc, Roxboro Group Plc, SA
Breweries Plc, Sage Group Plc, Scottish &
Newcastle Plc, Standard Chartered Bank Plc, Tesco
Plc, Whitbread Holdings Plc, and Xenova Group
Plc.
REASONS
FOR ACTIVITIES
- WEEKEND
NEWS: The Sunday Telegraph reported that Royal
London is in talks to acquire Britannic for
about £1.6 billion.
- J
Sainsbury lost 2.38% despite announcing that
its Q4 UK sales rose 7.6% due to the Easter
holiday.
- Powderject
Pharmaceuticals gained 4.06% on news that
it has entered into an agreement with Bavarian
Nordic, and it will also take a stake in Bavarian
Nordic.
- HBOS
gained 3.29% after Deutsche Bank raised its
2002 and 2003 earnings outlook by as much
as 3%. Banking shares generally closed higher
on upbeat comments from Merrill Lynch.
- Mobile
phone shares closed lower on rumours that
fund management company Janus is selling all
its 27 million shares in Nokia.
- Capita
Group gained 1.19% after acquiring City Financial
Group in a deal valued at around £4.6 million.
- Compass
Group gained 1.70% after paying £3.6 million
to acquire Gruppo Events.
-
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.
- Enterprise
Inns lost 3.19% after announcing plans to
raise £295 million in a rights issue so as
to pay for the 1860 pubs acquired from Whitbread.
Whitbread closed 0.15% higher.
- Balfour
Beatty lost 0.32% despite news that it is
to enter into a joint venture with Consignia
to manage the Royal Mail's 3,000 buildings.
- Telewest
Communications lost 4.65% on news that Morgan
Stanley is dropping it from its Morgan Stanley
Capital International (MSCI) benchmark indices.
- Oil
shares closed lower after crude oil prices
declined due to the Venezuelan coup.
- SA
Breweries gained on news that it will close
its over $5 billion Miller Brewing acquisition
deal as early as next week, as Interbrew has
indicated it will not make a counter bid.
-
-
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
- We
think next week will be dominated by earnings
reports from the US.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets .
<---D319--->
Market
Summary and Analysis for Thursday April 11th.
2002
FTSE
100: 5137.4 = -91.7
FTSE
250: 6148.1 = -18.0
FTSE
A/S: 2501.5 = -38.2
TechMARK
100: 1130.3 = -23.3
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed lower. Gainers included: AEA Technology
Plc, Affinity Internet Plc, Aggreko Plc, Alphameric
Plc, Arriva Plc, Astrazeneca Plc, Austin Reed
Plc, Axon Group Plc, BAA Plc, British Biotech
Plc, British Land Co. Plc, Corus Group Plc, Diagonal
Plc, Dixons Group Plc, Druck Plc, Easynet Group
Plc, Eyretel Plc, Filtronic Plc, Galen Holdings
Plc, GW Pharmaceuticals Plc, HBOS Plc, Indigovision
Group Plc, Innovation Group Plc, Intec Telecom
Plc, IQE Plc, Kidde Plc, Land Securities Plc,
LastMinute.Com, Lattice Group Plc, London Bridge
Software Plc, Medisys Plc, Meggitt Plc, ML Labs
Plc, Morrison Supermarket Plc, Northgate Information
Service Plc, P&O Princess Cruise Plc, Roxboro
Group Plc, Sage Group Plc, Scipher Plc, Scottish
& Newcastle Plc, Skyepharma Plc, Smiths Group
Plc, Tesco Plc, Torex Plc, and Westbury Plc.
REASONS
FOR ACTIVITIES
- Man
Group lost 6.93% after its AHL hedge fund
management unit continues to show a slump
in the recent performance data.
- GlaxoSmithKline
lost 2.13% after announcing it is still in
talks with the US FDA to use its Asthma medicine,
Advair™, for smokers' cough.
- Compass
Group lost 2.13% despite announcing a 5-year
$100 million catering services to 17 US retirement
centres.
- MmO2
lost 11.48% after announcing a 10-year £50
million IT agreement with IBM. Telecommunications
generally closed lower 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.
- British
American Tobacco lost 1.62% after losing a
Lawsuit in Australia to a smoker dying of
Cancer. The Australian Court also accused
the company of destroying pertinent documents.
- BAA
gained 0.08% after reporting that traffic
at its airports rose 3.4% to 10.1 million
in March.
- Legal
& General lost 2.70% and took insurance
shares lower despite reporting that its fiscal
Q1 sales rose 34% to £233 million, and its
fund management unit added £3 billion under
management.
- Technology
shares closed lower as the US markets were
under pressure due to earnings concerns and
SEC investigations of IBM.
-
-
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 doesn't look too bad.
- We
think this week will be even better as more
evidence builds for a quicker global economic
recovery.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets .
<---D318--->
Market
Summary and Analysis for Wednesday April 10th.
2002
FTSE
100: 5229.1 = +49.5
FTSE
250: 6166.1 = +12.5
FTSE
A/S: 2539.7 = +20.9
TechMARK
100: 1153.6 = -5.4
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 closed higher,
while the TechMARK 100 closed lower. Gainers included:
Abbey National Plc, AIT Group Plc, Amersham Plc,
Astrazeneca Plc, Axis-Shield Plc, BAA Plc, BAE
Systems Plc, Barclays Plc, Biocompatibles Plc,
Boots Co. Plc, BP Amoco Plc, Brambles Industries
Plc, British Airways Plc, British American Tobacco,
British Land Co. Plc, BT Group Plc, BTG Plc, Cadbury
Schweppes Plc, Canary Wharf Group Plc, Centrica
Plc, CGNU Plc, Chrysalis Group Plc, Colt Telecom
Group Plc, Compass Group Plc, Druck Holdings,
Easyjet Group Plc, Easynet Group Plc, Eidos Plc,
Emblaze Systems Plc, EMI Group Plc, Energis Plc,
Eyretel Plc, Friends Provident Plc, Galen Holdings
Plc, Gallaher Group Plc, Genemedix Plc, GlaxoSmithKline
Plc, Granada Plc, GUS Plc, GWR Group Plc, Hays
Plc, HBOS Plc, Hilton Group Plc, HSBC Holdings
Plc, Imperial Tobacco Plc, J Sainsbury Plc, Kingfisher
Plc, Kingston Communications Plc, Land Securities
Plc, Lattice Group Plc, Legal & General Plc,
Lloyds TSB Plc, Man Group Plc, Marconi Plc, Marks
& Spencer Plc, ML Labs Plc, Morrisons Supermarket,
Ncipher Plc, Next Plc, Northern Rock Plc, Old
Mutual Plc, P&O Princess Cruise Plc, Pace
Micro tech, Parthus Technology, Parity Group Plc,
Pearson Plc, Prudential Plc, Reckitt Benckiser
Plc, Ricardo Plc, Rolls Royce Plc, Royal &
Sun Alliance Plc, Royal Bank of Scotland, Safeway
Plc, Schroders NV, Scottish & Newcastle Plc,
Scottish Power Plc, Severn Trent Plc, Shell Transport
& Trading, Shire Pharmaceuticals Group, Signet
Group Plc, Skyepharma Plc, Smith & Nephew
Plc, Smiths Group Plc, Standard Chartered Bank,
Synstar Plc, Tesco Plc, Thus Group Plc, Unilever
Plc, Wolseley Plc, and WPP Group Plc.
REASONS
FOR ACTIVITIES
- Defensive
shares like tobacco gained.
- Astrazeneca
gained 3.49% and lifted the drug sector after
Goldman Sachs raised its price target on the
shares to £42/share.
- Banking
shares were again strong today, as retail
shares also rallied after releasing trading
data.
- Tesco
gained 2.41% after reporting pretax profits
for the current year up to February 23rd.
that rose to £1.2 billion, a 14.1% increase
and in line with city estimates.
- Marks
& Spencer gained 2.43% after reporting
that for the 11 weeks ended March 31st, its
like-for-like sales rose 10.6%.
- Radio
operating shares like GWR gained on optimism
that their tough advertising market is beginning
to see some improvement.
- Insurance
related shares gained as the sector tries
to recover from recent sell offs.
-
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.
- Barclays
gained 2.20% after announcing a 4-for-1 share
split due April 29th.
- Lloyds
TSB gained 2.24% after announcing that it
is closing its wealth management company,
Create, to new members.
- BT
Group gained 3.02% after announcing its plans
to re-enter the mobile phone market and expect
to see an extra £500 million in yearly revenue
by 2007. BT Group recently floated its mobile
phone unit, MmO2.
- P&O
Princess Cruise gained 2.85% after adding
a new cruise ship called Ocean Village to
target the UK's young and active customers.
- Signet
gained 6.36% after reporting that its pretax
profit rose to £183 million, a 12% increase.
-
-
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 doesn't look too bad.
- We
think this week will be even better as more
evidence builds for a quicker global economic
recovery.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets .
<---D317--->
Market
Summary and Analysis for Tuesday April 9th. 2002
FTSE
100: 5179.6 = +1.0
FTSE
250: 6153.6 = +14.4
FTSE
A/S: 2518.8 = +1.4
TechMARK
100: 1159.0 = +0.7
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed slightly higher today. Gainers included:
Acambis Plc, Affinity Internet Plc, Alliance &
Leicester Plc, Allied Domecq Plc, Alphameric Plc,
Anglo American Plc, Anite Group Plc, Arc International
Plc, ARM Holdings, Arriva Plc, Astrazeneca Plc,
Autonomy Corp, BAE Systems Plc, Barclays Plc,
BATM Advanced Communications, BHP Billiton Plc,
Boots Co. Plc, British Airways Plc, BskyB Plc,
Cable & Wireless Plc, Cadbury Schweppes Plc,
Cairn Energy Plc, Canary Wharf Group Plc, Capita
Group Plc, Carillion Plc, Colt Telecom Group Plc,
Compass Group Plc, Daily Mail & General Trust,
Dicom Group Plc, Druck Holdings, Easynet Group
Plc, Electreocomponents Plc, EMI Group Plc, Eyretel
Plc, Friends Provident Plc, Galen Holdings Plc,
Genemedix Plc, Hanson Plc, Hays Plc, HBOS Plc,
Hilton Group Plc, HSBC Holdings Plc, Imperial
Tobacco Plc, Invensys Plc, J Sainsbury Plc, Kidde
Plc, Land Securities Plc, LastMinute.Com Plc,
Legal & General Plc, Lloyds TSB Plc, London
Bridge Software, Marks & Spencer Plc, Marlborough
Sterling Plc, Misys Plc, ML Labs Plc, Morrisons
Supermarket, Ncipher Plc, Novar Plc, P&O Princess
Cruise Plc, Pace Micro tech, Parthus Technology,
Pearson Plc, Premier Oil Plc, Reckitt Benckiser
Plc, Reed International, Ricardo Plc, Rio Tinto
Plc, Rolls Royce Plc, Royal & Sun Alliance
Plc, Royal Bank of Scotland, Sage Group Plc, Schroders
Plc, Spirent Plc, Standard Chartered Bank, Sunderland
FC Plc, Thus Group Plc, TTP Communications, Wolseley
Plc, WPP Group Plc, and Xaar Plc.
REASONS
FOR ACTIVITIES
- The
Funeral of Her Majesty Queen Elizabeth The
Queen Mother influenced how the markets closed
due to lower than usual activities on the
LSE and on corporate news.
- UK
Industrial Production rose 0.4% in February
to 100%.
- Banking
shares were strong today.
- Reed
International gained 1.15% after stating at
its AGM that it sees double digit earnings
growth in 2002.
- Ink
jet printer company Xaar gained 9.66% after
signing a deal with Toshiba of Japan to make
ink jet printheads for it.
- Media
and mining shares improved 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.
- Cairn
Energy gained 6.37% after reporting upbeat
drilling results in India.
- Oil
shares closed lower as oil prices declined
due to Israel withdraw from offensive positions
against Palestinians.
- Premiership
club Sunderland FC gained 0.84% after reporting
first half profits that rose 26% to £4.4 million,
Sunderland, which is ranked the 16th. in the
20 team league, announced that its second
half results will be lower, and that it will
hold back for now the expansion of its Stadium
of Light.
- TTP
Communications gained 6.95% after announcing
an alliance with South Korea's LG Electronics.
-
-
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
- We
think this week will be even better as more
evidence builds for a quicker global economic
recovery.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets .
<---D316--->
Market
Summary and Analysis for Monday April 8th. 2002
FTSE
100: 5178.6 = -55.0
FTSE
250: 6139.2 = -46.1
FTSE
A/S: 2517.3 = -25.1
TechMARK
100: 1158.3 = -12.1
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed lower due to mounting Middle East violence
and an IBM warning. Gainers included: Acambis
Plc, AEA Technology Plc, Affinity Internet Plc,
AIT Group Plc, Alphameric Plc, Arc International
Plc, ARM Holdings, Axon Group Plc, Azlan Group
Plc, BHP Billiton Plc, Biocompatibles Plc, Boots
Co. Plc, British American Tobacco, Cadbury Schweppes
Plc, Cobham Plc, Diageo Plc, Galen Holdings Plc,
Gallaher Group Plc, Gyrus Group Plc, Innogy Holdings
Plc, International Power Plc, IQE Plc, J Sainsbury
Plc, Kingfisher Plc, KS Biomedix Plc, Land Securities
Plc, LastMinute.Com Plc, Marks & Spencer Plc,
Marlborough Sterling Plc, ML Labs Plc, Ncipher
Plc, Northern Rock Plc, Oxford Glycosciences,
Phytopharm Plc, Powderject Pharmaceuticals, Renishaw
Plc, Shell Transport & Trading, Shire Pharmaceuticals
Group, Skyepharma Plc, Smiths Group Plc, Spectris
Plc, Telemetrix Plc, Telewest Communications Plc,
Tesco Group Plc, and Ultra Electronics Holdings
Plc.
REASONS
FOR ACTIVITIES
- Anglo
American lost 2.59% after raising $1.1 billion
by placing convertible notes so as to pay
down debts and use the rest for general corporate
operations.
- An
earnings warning from IBM pushed the Footsie
and technology shares in particular lower.
- Oil
shares closed lower, but Brent crude oil prices
rose on mounting Middle East problems. Iraq
also announced today it is suspending oil
exports in support of Palestinians.
- Kingfisher
gained 0.65% after the Guardian newspaper
reported that US based electronics stores
operator, Best Buy, might acquire its Comet™
(UK) and Darty™ (France) chains.
- Defensive
shares like retailers gained.
-
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.
- BT
Group lost 2.01% after its strategic plan
announced today had nothing new to excite
analysts.
- ARM
Holdings gained 1.86% after Merrill Lynch
had positive comments about it.
- Telecommunications
and financial services shares closed lower.
- LastMinute.Com
gained 2.50% after acquiring UK travel portal,
TravelSelect.Com, for £9 million, and appointing
its CEO to its board. LastMinute.Com, which
tripled its flight bookings in the UK with
the acquisition, announced that it will issue
14.5 million shares to pay for the acquisition.
-
-
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
- We
think this week will be even better as more
evidence builds for a quicker global economic
recovery.
indexbody -->
Visit our sister portal to read more on our
analysis and summary of the US Stock Markets .
<---D315--->
Market
Summary and Analysis for Friday April 5th. 2002
FTSE
100: 5233.6 = +24.1
FTSE
250: 6185.3 = +37.9
FTSE
A/S: 2542.4 = +12.1
TechMARK
100: 1170.4 = +9.1
SUMMARY
& ANALYSIS
The
London Stock Exchange (LSE) FTSE 100 and the TechMARK
100 closed higher on Friday. Gainers included:
Abbey National Plc, Acambis Plc, AIT Group Plc,
Amersham Plc, Anglo American Plc, Arc International
Plc, ARM Holdings, Associated British Foods, Astrazeneca
Plc, Autonomy Corp, BAA Plc, BAE Systems Plc,
Barclays Plc, Bellway Plc, Biocompatibles Plc,
Bovis Homes Plc, British Airways Plc, BTG Plc,
BskyB Plc, Cable & Wireless Plc, Canary Wharf
Group Plc, CGNU Plc, CMG Plc, Colt Telecom Group
Plc, Corus Group Plc, Davis Service Plc, Diageo
Plc, Dimension Data, Easynet Group Plc, Eidos
Plc, Elctrocomponent Plc, Emblaze Systems Plc,
GlaxoSmithKline Plc, Granada Plc, HSBC Holdings,
ICI Plc, Imperial Tobacco Plc, Invensys Plc, JJB
Sports Plc, J Sainsbury Plc, Kidde Plc, Kingston
Comm
|
