Headline shares are tipped to open twenty-three to twenty-eight points higher, according to financial websites, taking a lead from a strong showing in New York and gains across Asian bourses. In the US last night, the Dow closed up 149 points at 10,897, the Nasdaq Composite added 50 points at 2,425 and the S&P500 rose 16 points at 1,172. In Asia today, the Nikkei was last up 231.9 points at 10,625.93, while the Hang Seng ended the morning ahead 212.94 points at 20,425.43. Crude oil traded at $75.57 a barrel on Nymex and gold settled at $1,237 an ounce.
LONDON MARKETS
In the corporate diary for the day, interim results are due from Euromoney Institutional Investor (LON:ERM), Holidaybreak (LON:HBR), Thomas Cook Group Plc (LON:TCG) Group, Axis-shield (LON:ASD), European Goldfields (LON:EGU), Telecom Egypt and Telefonica. Final results are scheduled from 3i (LON:III) Group, BT Group (LON:BT.A), Datatec (LON:DTC), Luminar Group, Sainsbury and Sony Corporation.
Trading statements are expected from Allied Irish Banks (LON:ALBK), Amec Plc (LON:AMEC), Amlin (LON:AML), Clinton Cards (LON:CC.), Cookson Group (LON:CKSN), Dsg International (LON:DSGI), Eurasian Natural Resources, Kingspan, Melrose (LON:MRO), Morgan Crucible, Old Mutual (LON:OML), Premier Oil (LON:PMO), Trinity Mirror (LON:TNI) and Tullett Prebon Plc (LON:TLPR).
Elsewhere, AGMs are being held by Aberdeen Asian Income (LON:AAIF) Fund, Amec Plc (LON:AMEC), Amlin (LON:AML), British Polythene, Chesnara (LON:CSN), Cookson Group (LON:CKSN), Dow Chem., Fidelity Japanese Values, Fyffes (LON:FFY), Hardy Oil & Gas (LON:HDY) , Henderson Group (LON:HGG), TR Pacific Inv Trust, Hikma Pharmaceuticals (LON:HIK), Huntsworth (LON:HNT), Inchcape (LON:INCH), Ingenious Entertainment, Islamic Bank Of Britain (LON:IBB), Kingspan Group (LON:KGP), Lms Capital Plc (LON:LMS), Manganese Bronze, Mecom Group Plc (LON:MEC) Group, Melrose (LON:MRO), Mti Wireless Edge (LON:MWE), Old Mutual (LON:OML), Petrofac (LON:PFC), Robinson (LON:RBN), Sig (LON:SHI), Sportech (LON:SPO), St James's Place (LON:STJ)' , Trinity Mirror (LON:TNI) Tullett Prebon Plc (LON:TLPR), and United Business Media (LON:UBM).
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