Good morning traders!

In Asia today, the Hang Seng ended the morning down 85.97 points at 17,924.23, while the Nikkei was recently at 16,627.74, down 65.02 points.

New York's main oil contract, light sweet crude for November delivery, was up 23 cents at $60.17 a barrel from $59.94 in late US trade Monday.

Early broker notes:

ROLLS ROYCE STARTED 'UNDERWEIGHT' AT JP MORGAN, PRICE TARGET 410P
HOME RETAIL GROUP STARTED 'EQUAL-WEIGHT' AT MORGAN STANLEY, PRICE TARGET 425P
TRINITY MIRROR CUT TO 'SELL' VS 'HOLD' AT DEUTSCHE BANK
SHIRE DOWNGRADED TO 'NEUTRAL' VS 'OUTPERFORM' AT CREDIT SUISSE

Happy trading!

G.

Morning all.

Midday Market Roundup

        LUNCH TIME FUN

UPS (Added by Master RSI on Tue 17 Oct 12:29 pm)

EEL - Mid 66.675p

Reason -Bouncing from lows recently with indicators at oversold, also KBC Peel Hunt's Tony Alves reiteratinghis 'buy' stance on the stock.

PCI 12.50 / 12.75p +0.25p

slowly moving higher lately

PCI

I was wondering yesterday if it would go for a double bottom, now looks like it will

End-of-day Market Roundup