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London afternoon: US jobs data knocks London (ShareCast) LONDON (SHARECAST) - Worse than expected US jobless figures have rained on London’s parade, and leading shares are now mixed. British Airways continues to fly the flag, heading up the dwindling list of risers, despite profit before tax plunging 92% in the six months ended 30 September as fuel costs soared by more than half a billion pounds.
London midday: Resource stocks lead way higher (ShareCast via Yahoo! UK & Ireland Finance) Resource stocks and banks head London's recovery but investors have half an eye on the US, where the non-farm payrolls data is due to be published later today. The US market is braced for huge job losses in October but if the number is worse than expected it is likely to prompt a repeat of yesterday's shake-out on Wall Street.
Spirax-Sarco expects progress (ShareCast) LONDON (SHARECAST) - Steam valve and pump maker Spirax-Sarco said given continued beneficial exchange rates and no significant deterioration in trading conditions in its markets, it expects to achieve good progress for the year.
Shopping Scout - November 18, 2008 (The Morning Call) LOOKING FOR
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London afternoon: US jobs data knocks London (ShareCast via Yahoo! UK & Ireland Finance) Worse than expected US jobless figures have rained on London's parade, and leading shares are now mixed.
London mid-morning: Stocks rise in thin trading (ShareCast via Yahoo! UK & Ireland Finance) Despite yesterday's tumble on Wall Street, London is in optimistic mood this morning, helped by strong performances from resource stocks. Wall Street is predicted to open higher, with the Dow Jones expected to post a 160 point gain at the outset, but the US picture could change very quickly if the non-farm payrolls data disappoints.
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sarco
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sarco.
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