FTSE tipped to open sharply lower on concerns over Dubai



27 November 2009 @ 06:51 am BST

PRE-OPEN REPORT: Headline shares are tipped to open fifty to fifty-eight points lower today, according to financial websites, as the Dubai debt crisis unfolds, with financial issues likely to remain the focus.

ASIAN MARKETS

In Asia today, the Nikkei fell 256.86 points at 9,126.38, while the Hang Seng ended the morning session off 765.28 points at 21,445.13 on concerns over Dubai.

Crude oil traded at $75.98 a barrel on Nymex.

LONDON MARKETS

In the corporate diary for the day, interim results are due from Carphone Warehouse, Hogg Robinson, Invista Foundation Property Trust, Omega Diagnostics Group, RPC Group, Vectura Group and VP, with final results due from Holidaybreak.

Anglo and Overseas Trust, Aquarius Platinum Ltd., Centamin Egypt, Feedback, Helphire Group and JPMorgan Smaller Companies Inv Trust host their AGMs.

Story provided by Business Financial Newswire

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