techMARK 2,086.13 + 0.23%
FTSE 100 5,646.70 -0.45%
FTSE 250 11,413.57 -0.13%
LONDON (SHARECAST) – – ECB meeting
– Australian and Chinese data are disappointing
– The BP stocks, former div weighs the Footsie
After the fall of 1.5% for Footsie the day before, UK shares were reopened lower on Wednesday morning, with investors cautious ahead tomorrow tomorrow of the expected monetary policy decision of the European Central Bank Bank (ECB).
ECB President Mario Draghi is widely expected to present plans Thursday to buy sovereign debt in order to reduce bond yields in peripheral nations. "Whatever the decision, there is still a long way to go before we return to any sense of smoothness," said Simon Furlong from Spreadex this morning.
On the basis of estimates, the gross domestic product (GDP) figures from Australia this morning. According to the Australian Statistical Office, second quarter GDP grew by 0.6%, below the expected 0.8% growth.
Meanwhile, HSBC China's services sector, which bought the managers' index for August, showed a slight slowdown, down 52 points from 53.1 in the previous month.
Ryuzo Miyao, a board member of the Bank of Japan (BoJ), said that the chances of an extended global economic slowdown have increased and that the monetary authority should remain ready to take decisive action if necessary.
FTSE 100: BP leads to ups and downs in DoJ news
Titanium BP oil title drops strongly this morning in press releases that the US Department of Justice intends to drop the book into the company for his involvement in the 2010 Deepwater Horizon disaster in the Gulf of Mexico as he seeks maximum sanctions British business.
The financial services provider and Hargreaves Lansdown portfolio management group were in demand after reporting that total assets under management increased by 7% in the year ended June 30, 2012, while profit increased by 21% despite continuing volatility of the market.
The Prudential insurance group won after completing the acquisition of SRLC American Holdings Corp by Swiss Re after receiving all necessary regulatory approvals.
The BT Group has benefited from the upgrading of the broker by JPMorgan Cazenove, which has raised its ranking from "neutral" to "overweight".
Some stocks were lower after they left the dividend, which means investors will not have access to the company's last payment. These include: Aggreko, ARM Holdings, BHP Billiton, Diageo, Evraz, IMI, Kazakhmys, Resolution, Serco, Shire and Tullow Oil.
FTSE 250: Sports Direct sees push from London 2012
Sports Direct, which earned after sales for the 13 weeks ended July 29, rose 25.3%, as sales were "boosted by Team GB's enormous performance at the London Olympics."
Builder House Berkeley Group earned after saying that this year's profits are likely to be up-end predictors of brokers.
Tons of FTSE 250 shares were launched today, including Amlin, AZ Electronic Materials, Betfair, Cape, Carillion, Elementis, Greggs, International Personal Finance, Jardine Lloyd Thompson, Regus, SEGRO and TUI Travel.
FTSE 100 – Grooves
Wolseley (WOS) 2,608.00p + 1.80%
Experian (EXPN) 1,003.00π + 1.42%
Petrofac Ltd. (PFC) 1.539.00p + 1.38%
Whitbread (WTB) 2,129.00π + 1.38%
Burberry Group (BRBY) 1.330.00p + 1.14%
Group BT (BT.A) 223.80p + 1.13%
International Babcock Group (BAB) 938.00p + 1.08%
InterContinental Hotels Group (IHG) 1,612.00p + 1.00%
Carnival (CCL) 2,146.00p + 0.89%
GlaxoSmithKline (GSK) 1,426.00π + 0.88%
FTSE 100 – Fallers
Resolution LTD (RSL) 205.90p -3.79%
BP (BP) 420.30 p -3.73%
BHP Billiton (BLT) 1,766.50π -3.31%
Kazakhmys (KAZ) 582.00p -2.51%
Evraz (EVR) 212.70p -2.43%
Vedanta Resources (VED) 860.00p -1.83%
Imperial Tobacco Group (IMT) 2,407.00p -1.71%
Weir Group (WEIR) 1,554.00p -1.65%
Antofagasta (ANTO) 1,081.00p -1.46%
Diageo (DGE) 1,730.50p -1.34%
FTSE 250 – Grooves
Britvic (BVIC) 353.00p + 7.43%
Sports Direct International (SPD) 328.00p + 4.46%
Properties of St.Modwen (SMP) 200.00p + 3.04%
Barr (A.G.) (BAG) 427.10p + 2.77%
COLT Group SA (COLT) 120.20b + 2.73%
Daejan Holdings (DJAN) 3,035.20p + 2.37%
easyJet (EZJ) 541.50p + 2.17%
Big Yellow Group (BYG) 310.00p + 1.97%
Home Retail Group (HOME) 97.35p + 1.94%
Taylor Wimpey (TW) 53.15b + 1.92%
FTSE 250 – Fallers
Bumi (BUMI) 268,30 π -6,84%
Phoenix Group Holdings (DI) (PHNX) 487.00p -4.23%
Ferrexpo (FXPO) 145.00п -3.97%
Gem Diamonds Ltd. (DI) (GEMD) 152.80p -3.29%
John Laing Infrastructure Fund Ltd (JLIF) 108.30p -2.70%
Hotels Millennium & Copthorne (MLC) 475.60p -2.36%
SEGRO (SGRO) 225.40p -2.25%
British Trust Assets (BSET) 118.30p -2.23%
Cape (CIU) 232.70p -1.90%
Hansteen Holdings (HSTN) 75.25b -1.70%.