AFX UK at a glance share guide - 2
AFX


MARKETS

FTSE 100 5,045.0, up 25.5

FTSE 250 7,317.9, up 59.2

DJIA 10,578.60, up 12.20

Nasdaq Comp 2,089.15, up 14.23

S&P 50 1,210.95, up 4.35

Tokyo: Nikkei closed at 11,514.03, up 97.65

Hang Seng midday 13,892.06, up 58.53

Gold 433.95 usd (428.65 usd)

Oil - Brent Aug 56.22 usd (55.24 usd)



BREAKING NEWS

* ECB fears euro has hurt growth; bank's vice-president highlights concern for monetary union's laggards; comments amid EU budget and charter turmoil; US Treasury calls for reform - FT

* Thousands of holders of offshore credit and debit cards face investigation as the government steps up its attack on tax evasion - FT

* Leading commercial banks have quietly sold a large chunk of their 6 bln stg EUROTUNNEL bank loans to hedge funds and other investors in the past couple of years - FT

* Growth in the value of retail sales has slowed to its weakest rate since 1947, illustrating the intensifying pressure on Britain's shops - FT

* Shops suffer slowest sales growth for six years; sales volumes increased by just 0.1 pct in May, taking the annual increase down from 2 pct in April to 1.3 pct in May, the lowest annual growth rate since January 1999 - Times

* Alchemy ponders joint bid for UK COAL after rebuff - FT

* Fears raised that WILLIAM MORRISON's problems may jeopardise its dividend this year, in spite of bullish forecasts from City brokers - FT

* RHM plans 1.3 bln stg listing

* BNFL to agree 1 bln stg sell-off of US power station unit - Times



PRESS COMMENT

FT

THE LEX COLUMN comments on RHM (not, perhaps one to make the taste buds sing, but good, solid fare nonetheless), EU budget, Goldman Sachs, EUROTUNNEL

Mail

REFLEXION COSMETICS (seems in dire need of an extreme makeover)

Times

RUMOUR OF THE DAY: MISYS (talk it could announce the disposal of all or part of its stake in AssureWeb alongside next Wednesday's full-year results) - DIRECTORS' DEALINGS: COLT TELECOM (chief financial officer buys stock for 44,000 stg) - TEMPUS: CARNIVAL (only hold), GYRUS (buy), AVIS EUROPE (a long way from being out of the woods; investors should subscribe for their rights to the new 35 pence shares, however)

Telegraph

QUESTOR: GYRUS GROUP (if you've made profits on this one, now might be a good time to take some; otherwise, hang on for long-term value), AVIS EUROPE (steer well clear), MAPELEY (avoid)

Guardian

UBIQUITY SOFTWARE CORPORATION (whispers of deal with Nokia)

Express

SHARE WHISPER: TABLE MOUNTAIN MINERALS (gossips believe a company-transforming deal could be announced in the next fortnight) - WHO'S DEALING: ITIS (boardroom buying)

Independent

THE INVESTMENT COLUMN: DART GROUP (it seems the stock will struggle to gain altitude), ALTHENEY TRUST (still a bargain buy), FORMSCAN (looks a speculative recovery play and could pay dividends soon)

Investors Chronicle

TIPS - LARGE COMPANIES: EGG (sell), SURFCONTROL (buy), MANAGEMENT CONSULTING (buy); TIPS - SMALLER COMPANIES: GREYSTAR RESOURCES (buy), PFI INFRASTRUCTURE (buy), STREAM (buy); TIPS - UPDATES: PETER HAMBRO MINING (buy), TOREX RETAIL (buy), ELAN (sell), DANIEL STEWART (buy)

Good Morning all

One of long term investments WSH is doing amazing things again :-) !