Market News and Views
The FTSE 100 is called to open higher this morning helped by a positive end on Wall Street and gains in Asia. Overnight we had domestic data showing that house prices fell by 3% on the month according to Righmove and were just 0.4% ahead on a year ago. In addition, the BRC reported that most UK retailers expect this year's christmas sales to at least match 2009's figures. Later in the session investors will also have PPI data to digest.
Today's Company announcements
Reckitt Benckiser Acquisition. It is to acquire India's Paras Pharmaceuticals for £460m which will be financed from existing facilities. Paras is a privately-owned company with a portfolio of leading Indian over-the-counter health and personal care brands.
De La Rue Chief Executive Appointment. The company has appointed Tim Cobbold with effect from 1 January 2011 as Chief Executive who was previously at Chloride Group.
De La Rue Chief Executive Appointment. The company has appointed Tim Cobbold with effect from 1 January 2011 as Chief Executive who was previously at Chloride Group.
Markets Summary | Previous | Change |
 | ||
FTSE 100 | 5812.95 | 4.99 |
| ||
FTSE 250 | 11280.96 | 17.58 |
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Dax | 7006.17 | 42.01 |
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Dow Jones | 11410.32 | 40.26 |
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Nasdaq | 2637.54 | 20.87 |
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S&P | 1240.40 | 7.40 |
| ||
Hang Seng | 23378.28 | 215.37 |
| ||
Nikkei | 10293.89 | 81.94 |
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Commodities Summary | Previous | Change |
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Oil | 91.36 | 0.74 |
| ||
Gold | 1388.80 | 8.47 |
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Silver | 28.90 | 0.44 |
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Currency Summary | Previous | Change |
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£/$ | 1.5789 | -0.0011 |
| ||
€/$ | 1.3201 | 0.0003 |
| ||
$/¥ | 84.12 | 0.1300 |
| ||
£/€ | 1.1952 | -0.0010 |
| ||
Time | Country | Indicator | Median | Previous |
| ||||
9:30 | UK | PPI Input m/m | 0.7% | 2.1% |
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