Good morning traders!

In the US last night, the Dow lost 17 points at 12,409, the Nasdaq fell 4 points at 2,796
and the S&P500 shed 2 points at 1,334.

In Asia today, the Nikkei was recently up 162 points at 9,753, while the Hang Seng ended
the morning ahead 139 points at 24,421.

Crude oil traded at $110.98 a barrel on Nymex.

Gold settle at $1,465 an ounce.

Happy Friday!

G.

NIKKEI 225	AUSTRALIA ASX200	HANG SENG	SHANGHAI COMPOSITE
KOSPI	SENSEX	VIX	GBPUSD
GBPEUR	NYMEX CRUDE	GOLD

BDEV Davy: downgraded to underperform from outperform
BKG Davy: upgraded to outperform from neutral
BPTY UBS: downgraded to sell from neutral, tp cut to 100 from 185
BVS Davy: downgraded to underperform from outperform
BWY Davy: downgraded to neutral from outperform
CPR UBS: reiterated sell, tp cut to 555 from 620
EZJ UBS: reiterated buy, tp cut to 420 from 460
HFD UBS: neutral, tp cut to 350 from 420
ISAT RBS: initiated buy, tp 750
PFD Investec: hold, tp raised to 35 from 22
PNN HSBC: reiterated overweight, tp raised to 730 from 720
RDW Davy: downgraded to underperform from neutral
SAB Nomura: reiterated reduce, tp 2000
SAB UBS: reiterated neutral, tp raised to 2350 from 2250
TW. Davy: downgraded to neutral from outperform
WPP Nomura: reiterated buy, tp reiterated 1000

End-of-day Market Overview

Have a great weekend all!

G.