Good morning traders!

In Asia today, the Nikkei was down 32.84 points at 10,224.72, while the Hang Seng
ended the morning ahead 85.7 points at 22,015.6.

Crude oil traded at $78.53 a barrel on Nymex.

Happy Monday!

G.

UBS UK equity strategy:
* adds Lloyds Banking Group to UK 1st xi list, removes HSBC from UK 1st xi list
* says outlook for UK banks into 2010 looks significantly rosier than at the beginning of the year
* expects UK banks' revenues to overshoot consensus expectations over next 12 mths
* says UK banks' bad debts will under-shoot consensus expectations over next 12 mths

Another one for the UPS

UPS

IFL 52.675p (52.50 / 52.75p )

REASON - The trend is up since last week and after the profit taking last Friday is moving higher again
with the MACD very bullish now. Order book has gone positive on the last few minutes.

End-of-day Market Overview