FTSE opens flat at 5921, with December futures just 2 points lower
Trading Floor News December 11, 2012 3:40 PM
<p>- The FTSE today opened flat at 5921, with the December futures just 2 points lower. – Miners were the weaker performers within the index, […]</p>
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- The FTSE today opened flat at 5921, with the December futures just 2 points lower.
- Miners were the weaker performers within the index, accompanied by Diego whose share price has plummeted after acquisition talks to buy Jose Cuervo, the No.1 Tequila brand, has fallen through.
- Whitbread was leading the way, up 3% with shares rising above the £25 mark to an annual high, after their Costa Coffee arm in particular looks to be getting stronger.
- In currencies, the sterling has strengthened against the dollar, tracking a rise in the Euro, however it is thought that the Sterling could struggle if the German Economic Sentiment data, which is out at 10am, is better than expected.
- The Dax and Dow edged higher in early trading, but there have not been any significant movements as investors are apprehensive of a breakthrough in US budget talks, with the FOMC statement tomorrow afternoon. We are also awaiting the Trade balance figures for the USA at 1.30pm.
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