PRE-OPEN REPORT: Headline shares are tipped to open five to 10 points higher today, according to financial websites, on a quiet start to a busy week of earnings news, with BP and Smith & Nephew likely focuses.
BP’s share-swap deal with Russia’s Rosneft and US bid interest in prosthetics maker Smith & Nephew have received extensive coverage in the weekend press.
In the US Friday, the Dow rose 55 points at 11,787, the Nasdaq Composite gained 20 points at 2,755 and the S&P500 added nine points at 1,293.
In Asia today, the Nikkei was recently down eight points at 10,491, while the Hang Seng ended the morning off 66 points at 24,216.
Crude oil traded at £57.63 a barrel on Nymex and gold settled at £859.61 an ounce.
The news week begins very quietly with no company results or trading statements listed for publication but with Hot Tuna International and RM hosting their AGMs.
For the latest AIM and FTSE news, plus the West Midlands risers and fallers, go to our Shares & Markets section.Click here
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