After a sharp fall in the final minute of trading yesterday afternoon the FTSE 100 bounced back t...
After a sharp fall in the final minute of trading yesterday afternoon the FTSE 100 bounced back this morning with gains for Dimension Data, HSBC, BP and Vodafone.
That said, one single order to sell blue chip shares this morning also wiped 2.3% from the Footsie.
The Footsie is 2.4% up this morning at 5829.1 with Dimension Data climbing 18.75p to 309p after announcing pre-tax profit rose to $159.6m equal to 8.4 cents per share from $95.1m or 6.5 cents a year ago. Anglo-Dutch computer group CMG increased 14p to 380p as the Techmark rose 19.09 points to 1981.24.
HSBC added 30p to 869.5p, BP rose 22p to 609.5p, Vodafone gained 5.75p to 195.75p. The trio accounted for 48.2 points of the index recovery.
Baltimore declined 10% to 76.5p after the security software maker said first-quarter loss widened to £71.9m or 14.5p per share from £7.5m or 20.1p a year ago.
Energis also fell 7p to 264p when the internet firm said 2001 net loss widened to 6.1p per share from 2.8p a year ago. Mike Grabiner is to replace David Wickham as chief operating officer from the start of August.
At the close of play yesterday the US tech focused Nasdaq had recorded its fourth consecutive loss while both the Dow Jones and the Standard & Poor's 500 gained. Losses for Microsoft, Intel and Cisco dragged the Nasdaq 25.51 points lower to 2081.92 while the Dow Jones climbed 56.02 to 10,877.33 with gains for Exxon Mobil and JP Morgan while the S&P 500 edged marginally higher to 1248.92.
Intel fell 53 cents to $27.41, Microsoft lost 68 cents to $68.72 and Cisco declined 48 cents to $18.57 while JP Morgan added $1.20 to 47.64 and Exxon Mobil rose $1.42 to 89.06.
The Asian markets opened today with gains for its two leading indices the Nikkei 225 and the Hang Seng.
Japan's Nikkei 225 climbed 181.01 to 14,054.03 with DoCoMo added 4.4% to 2.59m yen and Seven-Eleven adding 4.7% to 6270 yen.
In Hong Kong the Hang Seng increased 36.62 to 13,295.79 with vehicle manufacturer Qingling Motors added 11% to HK$1.99, Denway increased 8.3% to HK$2.95 and Yanzhou rose 4.1% to HK$3.17.
The Singapore Strait Times increased 0.04% to 1680.72 with Singapore Telecommunications up 0.6% to S$1.68 and Australia's ASX200 0.2% higher at 3390.20 with Telstra climbing 1.4% to A$6.59.
What made financial headlines over the weekend?
'Right thing to do'
£69m spent on upgrades