Digger
- 30 Nov 2004 10:31
- 13 of 13
London shares - midmorning features
FTSE 100 risers
Enterprise Inns 680 up 17-1/2
Solid FY results; Arbuthnot/CAI Cheuvreux/Merrill Lynch/Panmure positive
BAE Systems 249-1/2 up 2-1/2
'Outperform' with target upped to 275 pence from 240 - CSFB
mm02 116 up 1
NTT DoCoMo i-mode agreement
Friends Provident 151 up 3/4
Company to raise 380 mln stg via securitisation
3i Group 650-1/2 up 2-1/2
'Outperform' - Cazenove
J Sainsbury 263 up 3/4
Company buys East Midlands convenience store operator JB Beaumont
Northern Rock 727 up 2
In-line trading statement; CAI Cheuvreux/Merrill/WestLB positive
BT Group 195-1/4 up 1/2
Positive comment in Daily Telegraph
Prudential 420 up 1/4
CAI Cheuvreux ups target to 477 pence from 453
Associated British Foods 751-1/2 up 2
UBS ups target to 720 pence from 70
FTSE 100 fallers
Rentokil Initial 140-1/2 down 9-1/2
Brokers negative after deteriorating results warning
Compass Group 226 down 14-1/2
Problem contracts dent FY numbers
Cairn Energy 1,500 down 37
Profit-taking
Xstrata 932-1/2 down 8-1/2
WMC bid situation
Reed Elsevier 486 down 3-1/2
Trading update this week
FTSE 250 risers
George Wiqey 356-1/4 up 7-1/2
Nationwide survey reassures
Barratt Developments 512-1/2 up 4
Nationwide survey reassures
Morgan Crucible 166 up 2-1/2
Trading update Dec 6
Mitchells & Butlers 306-1/2 up 5
Results due tomorrow
Novar 162 up 2
Cinven counter-bid hopes
Punch Taverns 602-1/2 up 4-1/2
CAI Cheuvreux favourite; Panmure 'buy' from 'hold with target upped to 650p
WS Atkins 696-1/2 up 1-1/2
Arbuthnot 'buy'
London Merchant Securities 202 up 2
Merrill Lynch 'buy' with 220 pence target & NAV estimates upped
Tullow Oil 148 up 1/4
Merrill Lynch 'buy' with target upped to 175 pence from 150
FTSE 250 fallers
Thus Group 13-3/4 down 3/4
With Kingston
Burren Energy 412-1/2 down 21-3/4
Company teqorarily suspends drilling on BO60 well in Turkmenistan
Arla Foods 55-1/2 down 1-1/2
Panmure Gordon 'sell' with 45 pence target after 18-month results
John Laing 234 down 6
Profit-taking
Premier Oil 560-1/2 down 11-1/2
Woodside to suspend Tiof-3 ST2 appraisal well offshore Mauritania
SSL International 279-3/4 down 5
Withdrawal of speculative support
Homeserve 680 down 8-1/2
Underlying interim profits lower
Burberry Group 403 down 4-1/2
'Chavs' effect
Manchester United 273-1/4 down 3
Glazer stake uncertainties
PHS Group 70-1/2 down 1/4
Arbuthnot 'sell'
Other risers
Aricom 37-1/2 up 6-1/2
Company plans to develop Kuranakh mine in Russia
Topps Tiles 215-1/2 up 2
Strong FY results; Seymour Pierce 'buy'; Panmure 'buy' with 250p target
AdVal Group 2.00 up 0.25
Narrowing H1 losses; on track for profitability
Intec Telecom Systems 70-1/4 up 3-3/4
54 pct rise in underlying FY profits
Kingston Communications 62-1/2 up 2
Dividends restored after return to profits midway
Generics Group 8.75 up 0.25
Significant reduction in nine-moth losses
INCAT International 133-1/2
New issue placed at 128 pence
MicroEmissive 152-1/2
New issue at 150 pence
Fortune Oil 7.87 up 0.37
Company in talks with CAO over Bluesky disposal
Other fallers
Hardman Resources 70-3/4 up 7-3/4
Tiof-3 ST2 appraisal well to be suspended
Liontrust Asset management 284 down 26
Management buyout talks off
Trio Holdings 22-1/2 down 2
42 pct annual profits setback
ASOS 71 down 5-1/2
Further post-interims profit-taking