Headline shares are tipped to open marginally higher, up to 5 points better, according to financial websites, as BP (LON:BP.) continues in the spotlight and Brit Insurance (LON:BRE) rejects US bid. In the US last night, the Dow gained 273 points at 10,173, the Nasdaq Composite rose 60 points at 2,219 and the S&P500 climbed 31 points at 1,087. In Asia today, the Nikkei was up 157.22 points at 9,699.87, while the Hang Seng ended the morning ahead 278.43 points at 19,911. Crude oil traded at $75.21 a barrel on Nymex while gold settled at $1,219 an ounce.
LONDON MARKETS
In the corporate diary for the day, final results are scheduled from: Alpha Tiger Property Trust Ltd (LON:ATPT) Limited (ATPT), Fuller Smith & Turner (LON:FSTA) PLC, Polar Capital Technology Trust Plc (PCT), and Queen's Walk Investment Limited (QWIL).
Banco Santander SA (BNC), Dexion Absolute Ltd (LON:DAB), Kentz Corporation (LON:KENZ) Limited, M.P. Evans Group Plc (MPE), Mariana Resources (LON:MARL), Melrose (LON:MRO), OAO Severstal, Opd Group (LON:OPD) and R.G.I. International Limited (RGI) will host their AGMs/EGMs
ECONOMIC ANNOUNCEMENTS
09:30 UK Manufacturing Production m/m Previous:2.30% Forecast:0.60%
09:30 UK PPI Input m/m Previous:0.60% Forecast:-0.10%
09:30 UK Industrial Production m/m Previous:2.00% Forecast:0.50%
09:30 UK PPI Output m/m Previous:1.40% Forecast:0.60%
13:30 US Core Retail Sales m/m Previous:0.40% Forecast:0.10%
13:30 US Retail Sales m/m Previous:0.40% Forecast:0.20%
14:55 US Prelim UoM Consumer Sentiment
14:55 US Prelim UoM Inflation Expectations
15:00 US Business Inventories m/m Previous:0.40% Forecast:0.60%
© 2010 Stockmarketwire.com. All rights reserved
