AFX UK at a glance share guide

LONDON (AFX) - The FTSE 100 is set for a strong start to the week following triple digit gains in the Dow Friday on the back of robust third quarter GDP figures. Meanwhile, M&A news is likely to be key, with reports of a bid for O2 by Telefonica, confirmation that P&O is in takeover talks and as the European Commission rules on Euronext's proposed bid for the LSE, said dealers.
CMC Markets is indicating the FTSE 100 to open up around 28 points at 5,241, having risen 30.6 points on Friday to close at 5,213.4.

MARKETS
Tokyo: Nikkei midday 13,606.50 up 259.96
Hang Seng midday 14,325.67 up 109.84


TODAY'S PRESS
* Business angered by 'pro-union' government; ministers face lobbying from industry over 'bias' - FT
* Move on P&O by Dubai's state-owned ports operator could spark bidding war - FT
PRESS COMMENT
FT
THE LEX COLUMN comments on Inflation (if Asia's ability to export deflation really is slowing, US and European central bankers have even more reason to sound hawkish), Toyota (increasingly uncertain outlook in US markets could dent sales growth; Toyota is winning the fight but it is not time for the referee to intervene), Virtual network operators (cable operators could yet end up with a deal somewhere between reselling Sprint's branded service and launching a true MVNO)
Independent
Small Talk: AIR MUSIC & MEDIA (looks set to miss its published forecasts), SCOTT TOD (row hots up), ABCAM (antibodies maker heads for AIM)

TELEFONICA MAKES 17.7 BLN STG, 200P/SHR AGREED CASH BID FOR O2

Thanks Digger, a takeover at last with these lot.

Morning All.

Morning all.

Morning all,

A positive day for the end of the month?

Morning all. Nice to see more activity on this thread.

Sold OOM +39p.

Possible counter bid may arrive, but a bird In the hand and all that.

Midday Market Summary

Stan - I think you were very wise..... ;-)

Thank's G,... I just hope that I was very wise ;-)

End-of-day Market Summary

Well done Stan.

Thanks 55, Always nice to start the week with a winner.