Global Newsbrokers Stockmarket Service
London preview at 07:30:01
LONDON STOCKS PREVIEW
Thursday, January 13
UK shares ended with steady losses
yesterday, but bargain-hunting could
well be seen this morning after Wall
Street recovered its losses and closed
higher last night.
Steady post-results gains in Intel
helped turn the US market around after
the poor trade figures, leaving the
Dow up 61 points and the NASDAQ up 12
points.
Meanwhile, Asian markets have headed
lower, with Tokyo closing down 95
points, while Hong Kong was softer at
midday.
On the domestic front, more trading
updates are expected from the retail
sector today, with statements due from
GUS, Sainsbury and Carphone Warehouse.
Meanwhile, figures for UK output are
also published this morning. Total
industrial production is seen rising
by 0.4 per cent, with manufacturing
output expected to be up 0.3 per cent.
Both figures fell by 0.1 per cent in
October.
Main index