NIKKEI 225	AUSTRALIA ASX200	SHANGHAI	HANG SENG

KOSPI	VIX	GOLD	NYMEX CRUDE

AU. Nomura: initiated neutral
BLND JPMorgan: upgraded to overweight from neutral
BT.A Morgan Stanley: upgraded to overweight from equalweight, tp raised to 150 from 130
HMSO JPMorgan: upgraded to overweight from neutral
HOME HSBC: upgraded to neutral from underweight
KAZ UniCredit: reiterated buy
PNN UBS: downgraded to neutral from buy
RSL Morgan Stanley: initiated overweight
SGE Nomura: initiated buy
SRP UBS: upgraded to buy from neutral

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Midday Market Overview

        LUNCH TIME FUN


BA Staff Asked To Work For Free

British Airways is asking its staff to work for one month for
absolutely nothing as the cash- strapped airline resorts to
desperate measures to cut costs.

Chief Executive, Willie Walsh, who last week declared that
he would forego his salary in July, is asking staff to
volunter for between one and four weeks of unpaid leave
or unpaid work as part of "a fight for survival".



No thank you, I have to pay my bills.........

End-of-day Market Overview