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As one of the fastest growing city brokerages we represent the best of both worlds. Embodying traditional city values, whilst embracing the benefits that the latest technology and techniques afford.

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Daily Report - Wednesday 7th January 2009

Yesterday's Market / Overnight News
London’s top stocks ended with good gains, having recovered from a slight dip just before close after an uncertain start on Wall Street. Retailers and miners continue to feature prominently among the best performers but private equity group 3i led the way with a 21% rally during the trading day. The FTSE 100 finished the day up 59 points or 1.29%. Over in New York, stocks rallied Tuesday as investors looked beyond the Federal Reserve's dour outlook on the economy and instead scooped up shares hit in last year's big selloff. The Dow Jones industrial average rose 0.7%. The Standard & Poor's 500 index gained 0.8% and the Nasdaq composite climbed 1.5%.

Market Today
Britain's FTSE 100 index is seen opening down about 0.3% on Wednesday, according to financial bookmakers, breaking a six-session winning streak. Investors should be interested in the Marks and Spencer trading update.

 

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FTSE 100 -1.21%
4582.84 / -56.08
FTSE 250 -0.73%
6828.81 / -50.20
FTSE AIM -0.36%
415.47 / -1.51
Dow Jones 0.69%
9015.10 / +62.21
Nasdaq 1.48%
1652.38 / +24.35
S&P 500 0.78%
934.70 / +7.25
GBP - USD 1.48

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