Source: Daily Mail, LondonJan.24小時迷你倉 16--Seven thousand here we come! That was the shout in buoyant City dealing rooms as the fabulous Footsie breezed through 6,800 before lunch. It closed 53 points up at 6,819.86 amid growing optimism about the UK economy and after the World Bank raised its forecast for global growth for the first time in three years, to 3.2pc, in 2014. The FTSE 250, considered by many fund managers to be a much better gauge of the UK economy, advanced 56.92 points to a record 16,292.94.A survey from Lloyds Private Banking showing that investor confidence in the UK stock market is currently at its highest since March 2013 raised hopes that the December 1999 all-time high level of 6,933.87 will be breached before too long.Wonderful Wall Street added its considerable weight to the proceedings, opening with a gain of 121 points following stronger-than-expected fourth-quarter earnings from Bank of America, the US's second largest bank. The New York Federal Reserve's 'Empire State' index of general business conditions also rose to its highest level in 20 months.Equity strategists in general are confident that the Footsie will end the year above 7,000. Mega-bullish Brewin Dolphin forecasts 7,400. That would be a safer bet if the level of UK merger and acquisition activity picked up from last year's disappointing level as widely forecast.Almost pounds sterling 50bn of global takeover bids have already been announced since the start of the year but the UK, like Diana Ross, is still waiting.Starved bears, meanwhile, would say that it all depends on how fast the Federal Reserve scales back its equity friendly stimulus programme and when it might start raising interest rates as to whether Footsie records are broken.The Fed has already announced plans to cut its monthly stimulus outlay by $10bn to $75bn, but markets took that news on the chin. Why? Because outgoing Fed chairman Ben Bernanke promised that interest rates would remain low (0.25pc) until US employment was below its current 6.5pc threshold.The mind-numbing saga of bank bonuses had traders switching over their television news channels to highlights of the Australian tennis open. Let's face it, they've heard it all before. RBS, 81pc-owned by the UK taxpayer, closed 5.4p better at 375p.Gold miner Anglo American jumped 70p to 1332.5p after UBS advised clients it looks oversold and upgraded to buy from neutral. Centrica, on the other ha迷你倉旺角d, slipped 11.5p to 315.5p after Barclays downgraded to underweight from equal weight. Reflecting the healthy state of the housing market, London estate agency Foxtons rose 20.2p to 358.2p.Bear closing ahead of today's trading statement helped bookmaker Ladbrokes rally 7.8p to 173p. The stock has come under pressure recently after Prime Minister David Cameron announced a review of fixed-odds betting terminals. Critics have said they are highly addictive.Debenhams lost 2.1p to 83.2p amid rumours that wheeler dealer Mike Ashley, owner of Sports Direct (a penny off at 737p) had already sold all, or part, of his 4.63pc stake in the department store he recently acquired at a cost of around pounds sterling 50m.Penguin suit hirer Moss Bros, which saw a 12.9pc increase in underlying sales over Christmas and the New Year, rose 4p to 94.5p. This despite confirmation that Laura Ashley (0.5p dearer at 25p) had sold 9.5m shares in MB at 84p a pop, raising around pounds sterling 8m.AIM-listed Firestone Diamonds jumped 0.75p, or 23pc, to 4p after it agreed an additional funding package to build and commission the main treatment plant at the Liqhobong Diamond Mine. The pounds sterling 85.4m package is in addition to the pounds sterling 50.3m debt facility from Absa Bank announced in late November. Home shopping company Findel put on 8p to 294p. Buyers responded to news it has successfully increased the Express Gifts' securitisation facility from pounds sterling 105m to pounds sterling 130m. WH Ireland's target price is 320p.Profit-taking following fourth quarter figures dragged WANdisco 80p lower to 1170p. The software company posted record quarterly performance for subscription bookings, up 71pc year-on-year. It took bookings for the full-year to pounds sterling 8.96m, representing year-on-year growth of 87pc.Communisis, a provider of personalised customer communication services, improved 2.5p to 62p. Full-year trading is in line with expectations. The group expects to derive 18pc of its total revenues from overseas sources in 2013, up from 7pc in 2012.Management Consulting lost 0.62p to 25.12p after warning it expects to report underlying profit and revenue lower than previously forecast. It blamed weak demand in France, one of its biggest markets.Copyright: ___ (c)2014 Daily Mail (London, ) Visit the Daily Mail (London, ) at .dailymail.co.uk/home/index.html Distributed by MCT Information Servicesmini storage
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