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Traders Thread - Friday 8th January (TRAD)     

Greystone - 07 Jan 2010 19:35

Kyoto - 08 Jan 2010 07:56 - 5 of 9

AAL RBS: downgraded to hold from buy, tp raised to 3000 from 2200
ANTO RBS: reiterated hold, tp raised to 1050 from 900
BARC UBS: upgraded to buy
BLT RBS: buy, tp raised to 2300 from 2000
CNA Goldman: resumed conviction buy
DRX Goldman: upgraded to buy from neutral
EMG Morgan Stanley: downgraded to equalweight from overweight
ENRC RBS: upgraded to buy from hold, tp raised to 1100 from 850
HFD Credit Suisse: tp raised to 460 from 440
LOG Seymour: buy, tp raised to 140 from 118
RIO RBS: buy, tp raised to 4000 from 3300
SDR Morgan Stanley: reiterated overweight, tp raised to 1465 from 1395
SKS Goldman: downgraded to neutral from buy
VED RBS: buy, tp raised to 3500 from 2500
WSM RBS: reiterated sell, tp raised to 425 from 400
XTA RBS: buy, tp raised to 1450 from 1200

Kyoto - 08 Jan 2010 07:57 - 6 of 9

Twitter Updates
more >>

Master RSI - 08 Jan 2010 16:04 - 7 of 9

KEEP an EYE

JRVS 14.875p ( 14.75 / 15p )

Rising volume and share price
MACD, Much the same as Mid-April before moving well ahead

Chart with Indicators
big.chart?symb=uk%3Ajrvs&compidx=aaaaa%3Chart.aspx?Provider=Intra&Code=jrvs&Size

Master RSI - 08 Jan 2010 17:49 - 8 of 9

CLOSING MARKET REPORT

Headline shares finish slightly higher after lower U.S. figures
Business Financial Newswire

CLOSING REPORT: Headline shares closed the day just in the black after an indecisive day driven by worse than expected jobless figures from the U.S. and broker updates on the likes of ENRC and Man Group.

At close the FTSE 100 was 7.52 points up at 5534.24.

LONDON MARKETS:
UK shares finished the day by dragging themselves to a minor gain, after worse than expected jobless figures from the States. Figures showed another 85,000 jobs were lost in December. Some predictions had expected a slight rise.

Miners were in focus this afternoon, with the sector leading the way during the afternoon session. Eurasian saw the biggest gains up 5% at 1034p. This was on the back of an upgraded target price from RBS.

This buoyed the sector with Rio Tinto, Vedanta Anglo American, Xstrata all seeing gains.

Legal & General was also amongst gainers finishing the day up 3% at 84.3p.

Other headline shares which finished the week in positive territory included ICAP, Invensys, Thomas Cook and Wolseley

Amongst losers on the day, Man Group never recover after a after a downgrade to 'equal-weight' from 'overweight' at Morgan Stanley. Man Finished the day down Man Finished the day down 2.3% at 319.8p.

Royal Bank of Scotland finished the day down 2% at 35.12p after announcing an agreement to sell certain fund management assets and contracts to Aberdeen Asset Management for 84.7m.

Michael Page International finished the day down just under 3% at 410p, despite a broker upgrade from sell to hold at Panmure Gordon. The recruitment firm had reported fourth-quarter gross profit of 90.6m, sequentially 8.3m or 10.1% higher than the third quarter, but a decrease of 23.7% against the last quarter of the prior year.

The LSE also saw losses falling back 2.21% to 707.5p.

Master RSI - 08 Jan 2010 17:55 - 9 of 9

What is going on with JRVS

p.php?pid=chartscreenshot&u=tgaCa5BQidsL
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