PRE-OPEN REPORT: Headline shares are tipped to open ten to fifteen points lower today, according to financial websites, backing away from the seventeen-month highs seen yesterday as profit-takers move in.
British Airways will remain in the spotlight as the strike threat looms and positions become more entrenched.
US & ASIA
In the US last night, the Dow rose 48 points at 10,734, the Nasdaq Composite added 11 points at 2,389 and the S&P500 was up 7 points at 1,166.
In Asia today, the Nikkei was down 84.1 points at 10,762.88, while the Hang Seng ended the morning up 34.29 points at 21,418.78.
Crude oil traded at $82.66 a barrel on Nymex.
LONDON MARKETS
In the corporate diary for the day, interims results are due from Renewable Energy Generation.
Final results are scheduled from Aegis Group, Biocompatibles International, Collins Stewart, European Goldfields Limited, Greggs, Mount Engineering, National Bank of Greece ADR, Powerflute Oyj, Premier Farnell, ProStrakan, Salamander Energy, Savills and SIG.
Dunelm Group, Investec and Aggreko are expected to release trading statements.
Brunner Inv Trust, CQS Rig Finance Fund Ltd., Future, Henderson Opportunities Trust, Nexus Management and Sarantel Group host AGMs.
Story provided by Business Financial Newswire
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