Market Report 15 June 2010

Market Indices
Economic news flow last week was generally downbeat with UK manufacturing weakening, a reported decrease in consumer spending in the U.S and inflation in China rising at a faster pace than official estimates, which could increase pressure on its foreign exchange policy. Most equity markets rose though, as buyers saw value in mining companies. Soft commodities also continued to rally last week.


The UK’s FTSE All Share opened the week at 2610.68, closing up 1.039% at 2647.22.

In the U.S, the Dow opened the week at 9931.75, closing up 2.81% at 10211.07.

The Nikkei opened the week at 9705.36, closing down -0.01% at 9705.25.

Hong Kong’s Hang Seng opened the week at 19211.67, closing up 3.44% at 19875.38.

The Week Ahead

Tuesday
Tesco

Wednesday
Sainsbury




THIS DATA IS PROVIDED BY SHERIDAN ADMANS, INVESTMENT ADVISER AT THE SHARE CENTRE. THIS IS NOT INTENDED TO CONSTITUTE AN OFFER OR AGREEMENT TO BUY OR SELL INVESTMENTS.

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2010-06-16 10:36:29 © Moneyextra.com