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PRE-OPEN REPORT: Headline shares are tipped to open twenty-seven to thirty-two points higher today, according to financial websites, taking a lead from gains on Wall Street Friday and buoyant trade across Asia bourses this morning.
US markets will remain closed today for the Labor Day holiday.
ASIAN MARKETS
In Asia today, the Nikkei was last up 106.72 points at 10,293.83, while the Hang Seng headed for the midpoint ahead 289.36 points at 20,607.98.
Crude oil traded at $67.95 a barrel on Nymex.
LONDON MARKETS
Mining stocks may be a focus today after weekend press reports that Xstrata is eyeing a bid for platinum miner Lonmin. Also, reports that Rio Tinto and BHP Billiton are mulling a merger of their diamond mining operations in Canada may raise a few eyebrows.
The Daily Express suggests that Rentokil Initial is poised for a return to the FTSE100.
In the corporate diary for the day, interim results are due from
Goals Soccer Centres and Healthcare Locums, while Craneware and Kofax publish full-year numbers.
Trading statements are expected from Associated British Foods and Whitbread.
Shares in British banks rose on the FTSE 100 in morning trading following positive news on the Greek debt crisis.
Prime Minister’s Questions is due to start as usual at Midday, tune in here to get up to the minute coverage of the weekly clash between th...
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