NIKKEI 225	AUSTRALIA ASX200	HANG SENG	SHANGHAI COMPOSITE
KOSPI	SENSEX	VIX	GBP/USD
GBP/EUR	NYMEX CRUDE	GOLD

Good morning traders!

In the US last night, the Dow dropped 115 points at 10,511, the Nasdaq Composite
lost 37 points at 2,317 and the S&P500 fell 16 points at 1,121.

In Asia today, the Nikkei was last down 119.14 points at 10,123.5, while the Hang
Seng ended the morning off 212.79 points at 19,732.15.

Crude oil traded at $68.25 a barrel on Nymex.

Gold settled at $1,207 an ounce.

Happy trading!

G.

End-of-day Market Overview

One for the "UPS"
TEF 100p
Reason: Are excellent value with an experienced management team and strong balance sheet. At a discount of 25% NAV results next Wednesday, last update "Full year figures expected to be materially ahead of market expectations" Expectations are for EPS 13.40p (already 10.6p at 1H) a PE of 7.6 but that will be well beaten.

Intraday Chart

3 month candlestick with volume

2 days - 15 min

3 month

Another for the "UPS"
TW. 32.835p
Reason:Large retracement lately to the point were share price is at Lower Band of the Bollinger Band ( they say buying time. Recent AGM comment "The Group as a whole has performed in line with our expectations in a gradually improving.

Intraday Chart

3 month candlestick with volume

2 days - 15 min

3 month