Headline shares are tipped to open between 15 and 20 points higher, according to financial websites, despite Asian markets showing weakness after last night's Wall Street sell-off. In the US last night, the Dow was down 146 points at 10,153, the Nasdaq Composite dropped 37 points at 2,217 and the S&P 500 was 18 points lower at 1,074. In Asia today, the Nikkei was down 207.02 points at 9,721.32, while the Hang Seng ended the morning 123.67 points lower at 20,609.82. Crude oil traded at $76.27 a barrel on Nymex while gold settled at $1,240 an ounce.
LONDON MARKETS
In the corporate diary for the day, final results are scheduled from Assetco Plc (LON:ASTO) and Berkeley Group Holdings Plc while Invista Real Estate Investment Mgmt Hldgs and Keller Group (LON:KLR) will issue trading statements.
Albion Development Vct (LON:AADV), Biofutures, Canaccord Financial (LON:CF), China Medical System, Clinical Computing (LON:CLC), EMIS Group (LON:EMIS), Japan Leisure Hotels (LON:JPLH), Martin Currie Pacific (LON:MCP), OJSC Pharmstandard, Serica Energy (LON:SQZ), Share PLC, Uk Coal (LON:UKC) and X5 Retail Group N.V will host their AGMs/EGMs.
ECONOMIC ANNOUNCEMENTS
13:30 US Final GDP q/q
13:30 US Final GDP Price Index q/q
14:55 US Revised UoM Consumer Sentiment
14:55 US Revised UoM Inflation Expectations
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