Good morning traders!

In the US last night, the Dow lost 16 points at 11,008, the Nasdaq rose 6 points at 2,476
and the S&P500 was flat at 1,179.

In Asia today, the Nikkei was last up 171 points at 9,983, while the Hang Seng ended the
morning ahead 316 points at 23,530.

Crude oil traded at $81.16 a barrel on Nymex.

Gold settled at $1,351 an ounce.

Happy trading!

G.

18/11/2010 Broker Recs:

ARM UBS: reiterated neutral, tp raised to 375 from 370
BDEV Deutsche: tp raised to 197 from 195
BDEV UBS [HB]: reiterated buy, tp cut to 135 from 160
BRBY BarCap: equal weight, tp raised to 1000 from 970
CNA Citigroup: downgraded to hold from buy, tp raised to 330 from 310
CNA Goldman: reiterated buy, tp 443
CPG Nomura: reiterated buy, tp reiterated 690
CRH ING: upgraded to buy from hold
EZJ Nomura: reiterated buy, tp raised to 600 from 500
GKN UBS: reiterated neutral, tp raised to 180 from 160
GSK Goldman: reiterated neutral, tp 1300
HFD Investec: buy, tp cut to 465 from 495
IAP BarCap: overweight, tp raised to 550 from 535
IAP Goldman: reiterated buy, tp reiterated 590
IAP UBS: reiterated neutral, tp raised to 470 from 450
IHG Nomura: reiterated buy, tp raised to 1350 from 1315
INF Credit Suisse: outperform, tp raised to 500 from 435
INF Nomura: reiterated buy, tp reiterated 463
INF RBS: buy, tp cut to 460 from 470
LMI Morgan Stanley: reiterated equal weight, tp cut to 2048 from 2079
LRD UBS: reiterated buy, tp 165
MAB HSBC: reiterated overweight, tp raised to 440 from 400
MAB RBS: initiated buy, tp 475
MGCR Credit Suisse: reiterated underperform, tp raised to 210 from 184
MKS Citigroup [HB]: reiterated hold, tp 400
MKS Execution: upgraded to buy
NFDS JPMorgan: upgraded to neutral from underweight
TALK Nomura: reiterated buy, tp raised to 180 from 175
TALK UBS: reiterated buy, tp raised to 200 from 150
TNI RBS: upgraded to hold from sell

End-of-day Market Overview