FTSE News: FTSE 100, FTSE 250, and FTSE 400 investment news
FTSE market news from the London Stock Exchange: FTSE 100, FTSE 250, and FTSE 400

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    September 10, 2007

    ITV tops FTSE 100

    Filed under: Companies, ITV, Schroders, IG Group, British Energy, HMV Group, Hammerson, Kelda, Wolseley, Minerva, Premier Foods, Alfred McAlpine, Invesco, Avis Europe, Associated British Foods

    In London on Monday the FTSE 100 was 0.92 percent lower to 6,134.1 and the FTSE 250 fell 1.2 percent to 10,974.8.

    Media group ITV (LSE: ITV) added 2.02 percent to 352.75p for the best day on the 100.

    IG Group (LSE: IGG), in the financial services sector, was the best performer on the 250 as it gained 2.02 percent to 111.3p.

    Other gainers included investment manager Schroders (LSE: SDR.L), up 2 percent to £13.29.

    Water utility Kelda Group (LSE: KEL) gained 1.55 percent to 852p, while electricity generator British Energy Group (LSE: BGY) was 1.82 percent higher to 476.5p.

    Music retailer HMV Group (LSE: HMV) added 2.36 percent to 130p. Food processors were mixed.

    Premier Foods (LSE: PFD) added 1.84 percent to 248.5p on the 250, but Associated British Foods (LSE: ABF) was 3.41 percent lower to 808.5p on the 100.

    Property developers were lower on the session.

    Hammerson (LSE: HMSO) dropped 3.27 percent to £11.82, while Minerva (LSE: MNR) was down 4.47 percent to 256.25p.

    Builder Alfred McAlpine (LSE: MCA) fell 4.36 percent to 455.5p, while construction materials group Wolseley (LSE: WOS) dropped 3.63 percent to 928p.

    The worst performer on the 100 was investment manager Invesco (LSE: AVZ; NYSE: IVZ), which was 3.72 percent lower to 557p, while car rental group Avis Europe (LSE: AVE) was down 4.97 percent to 43p.





    July 24, 2007

    FTSE 100 falls nearly 2 percent

    Filed under: Companies, Anglo American, IG Group, Reckitt Benckiser, Lonmin, British Energy, Next, Imperial Tobacco, Kingfisher, Old Mutual, Drax Group, Yell, GAME Group, Home Retail, Sports Direct

    Equities markets in London saw big losses on Tuesday’s session.

    The FTSE 100 fell 1.9 percent to 6,498.7, while the FTSE 250 dropped 1.68 percent to 11,584.

    Retailers were lower after sporting good retailer Sports Direct (LSE: SPD) dropped 22.63 percent to 147p after it issued its second profits warning since it’s IPO in February, prompting negative broker comment.

    Other retailers seeing declines included GAME Group (LSE: EBQ), which fell 6.86 percent to 193.5p.

    Home Retail (LSE: HOME) was 3.28 percent lower to 427.25p, while clothing retailer Next (LSE: NXT) was down 2.66 percent to £18.67 and DIY retailer Kingfisher (LSE: KFG) dropped 2.25 percent to 217.5p.

    Electric power generators were lower as well.

    British Energy (LSE: BGY) had the worst day on the 100 as it fell 4.5 percent to 509p, while Drax Group (LSE: DRX) was 3.84 percent lower to 700.5p.

    Miners were also lower, with Anglo American (LSE: AAL) down 3.81 percent to £31.33 and Lonmin (LSE: LMI) dropping 3.88 percent to £35.90.

    Insurer Old Mutual was 3.93 percent lower to 168.7p after talk that South African bank Nedbank (JSE: NED), in which Old Mutual owns a majority stake, might be the target of a takeover.

    There were gainers on the day.

    Spread betting specialist IG Group Holdings (LSE: IGG) added 9.21 percent to 341p for the best performance of the day on the 250, while consumer products group Reckitt Benckiser (LSE: RB) had the best day on the 100 with a gain of 1.14 percent to £27.48 ahead of its quarterly report.

    Other gainers included phone book publisher Yell Group (LSE: YELL), which added 0.69 percent to 472.5p on positive fiscal first quarter results.

    Imperial Tobacco (LSE: IMT) gained 0.78 percent to £23.13.





    September 29, 2005

    Gaming companies see fall in investor optimism

    Filed under: 888 Holdings, PartyGaming, IG Group, Hilton Group, Boots, DSG international, Regal Petroleum

    The equities markets in London were down on Thursday, with the FTSE 100 losing 0.3 percent to 5,478.2 and the FTSE 250 declining by 0.1 percent to 7,925.1.

    There were 3.1 billion shares traded on the day.

    In its debut, online gaming company 888 Holdings started with a share price of 175p, gained to as much as 183¼p, and then slid to end the day down 3.7 percent to 168½p as investors took into account the fact that interest in online gaming might be slowing.

    Another online gaming group, PartyGaming, was down 3.7 percent to 91¾p. But spread betting company IG Group was up 3 percent to 172p as it said recent trading volumes had been good.

    Leisure company Hilton Group, the owner of Ladbrokes, was up 2.4 percent to 315p on recommendations from ABN Amro and Deutsche Bank.

    Retailer Boots was down 3.3 percent to 608½p after reporting that second quarter revenues in its core chain were down 1.6 percent. DSG international, which owns Dixons, lost 2 percent to 150p. Regal Petroleum fell 31.8 percent ton the day to 88p on its interim results and as a result of the confirmation that there is a legal challenge being offered to its Ukranian oil licenses.





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  • FTSE News copyright 2005 Central Consultants