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Market update

22 December, 2009
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LAST WEEK/ THIS WEEKThe FTSE 100 finished the week 1.2% lower at 5196.81 while the Aim All Share was virtually unchanged at 640.3. As it is the silly season it seems premature to start to discount the potential for pundits giving bleak outlooks for 2010 where a number of ghosts (Inflation, interest rates, higher...

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15 December, 2009
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LAST WEEK/ THIS WEEK The FTSE 100 closed down 1.1% over the week at 5261.6 while the Aim All Share closed at 641.1 a fall of 2.0%. The uninspired Pre-Budget may have set the scene for an early election in March as who knows what the economy will be doing by May particularly it...

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7 December, 2009
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LAST WEEK/ THIS WEEKThe FTSE 100 closed up 1.5% on the week helped by better than expected US jobs were unemployment fall to 10% in November. The Aim All Share also improve 0.8% to 654.9. This week the Chancellor of the Exchequer will start his pre-budget report at 12.30pm on Wednesday. On Thursday the...

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2 December, 2009
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LAST WEEK/ THIS WEEKThe FTSE 100 was coasting along well until Dubai’s debt sand castle starting sinking, after the initial shock it recovered to closed the week down -0.1% at 5245.7. The Aim All Share also finished the week marginally lower at 649.5. The prospects of the pace of the UK economic recovery is...

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23 November, 2009
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The FTSE 100 closed the week down 1% at 2685 with the Aim All Share drifting marginally lower to 657.7. It seems certain that an economic recovery is already in the FTSE 100 but less certain that this Government have borrowing and inflation under control. Economics may be a bit dull this week. On...

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18 November, 2009
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The FTSE closed up 3% on the week at 5,296.38 the highest level for 14 months helped by the view that interest rates are likely to be low for longer and that the earnings are recovering. The AIM All-Share showed little trickle-down effect last week and fell to 661.3,The main economic news will US...

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10 November, 2009
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The FTSE 100 closed up 1.9% on the week supported by Quantitative Easing (QE) which was increased by £25b, while the AIM All Share fell to 691.1. The raise in US Unemployment to 10.2% suggesting a jobless recovery and with gold to over $1,100 gives mixed messages of no increase in interest rates against...

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3 November, 2009
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The FTSE 100 fell 3.8% over the week and down- 1.7% during October. On Friday both the UK and US fell back, partly on reflection of the ‘money- tightening’ implication of the USA’s 0.9% 3rd Qtr GDP growth implying an annual 3.5% growth. The AIM–All share improved 0.6% over the week and increased by...

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Monday 26th October 2009

28 October, 2009
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LAST WEEK/ THIS WEEKThe FTSE closed the week up 1% with the FTSE AIM All share up 1.6% to 675. The disappointing 3 QTR GDP decline did little to slow the market as it was concluded that the best option, this side of an election, will be to continue with or increase Quantitative Easing.This...

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19 October, 2009
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LAST WEEK/ THIS WEEKThe FTSE improved 0.5% over the week while the Aim All Share rose 1.5% to 764.3. At the mid week point it felt like a bull market as the Dow Jones hit a year high helped by far better than expected earnings from giant US companies Intel, Goldman and JP Morgan....

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