The FTSE 100 is called to open 2 points higher at 7502.
Banks led U.S. stocks mostly higher Tuesday, bringing more records for the major indexes. The Standard & Poor’s 500 index and the Dow Jones industrial average closed at all-time highs for the second time this week. A slide in technology stocks pulled the Nasdaq lower. Small-company stocks also lagged.
Ethereum gave its bigger rival bitcoin a run for its money yesterday as the second most popular cryptocurrency rose by 31.5% in value to set a record of $623.07, Times.
The London Stock Exchange Group’s largest shareholder has indicated it would back the board in its efforts to stop an activist shareholder ejecting chairman Donald Brydon, in a potentially decisive turn to resolve a governance crisis, Times.
Commerzbank top pick at Lampe
Hiscox Rated New Buy at Berenberg
Befesa Rated New Overweight at JPMorgan
Befesa Rated New Buy at Berenberg
Spectris Reinstated at Goldman With Buy
AMS Upgraded to Overweight at JPMorgan
Ashmore Upgraded to Neutral at JPMorgan
NEX Group Upgraded to Overweight at JPMorgan
Tele2 Upgraded to Buy at Berenberg…
Safilo Upgraded to Neutral at MedioBanca
Beazley Rated New Hold at Berenberg
TI Fluid Systems Rated New Neutral at JPMorgan
Spirax Rated New Neutral at Goldman
Lancashire Rated New Sell at Berenberg
Sports Direct Cut to Underperform at Jefferies
Berkeley Downgraded to Hold at Jefferies
Julius Baer Cut to Neutral at Goldman
Ladbrokes Coral Downgraded to Neutral at Goldman
VAT Downgraded to Neutral at JPMorgan
Dialog Semi Downgraded to Neutral at JPMorgan
Telenor Cut to Equal-weight at Morgan Stanley
Telenor Downgraded to Hold at Berenberg
Brunello Cucinelli Downgraded to Underperform at Exane
Colruyt Downgraded to Reduce at Kepler Cheuvreux
BAT Expects Good Earnings Growth as Glo Hits 2.7% Share in Japan.
Dixons Carphone ‘Taking Action’ to Reposition Mobile Unit.
Inditex SA, the world’s largest clothing retailer, signaled that sales growth is rebounding this quarter after weakening to the slowest pace in more than three years, indicating the Zara owner is having a good start to the Christmas holiday season.
Serco Group Says Profit Performance for ’17 Expected at Top End.
Wood Group Sees FY Proforma Ebita from Continuing Ops $590 m-610m.
Purplebricks U.S. Launch Ahead, Raises FY U.K. Revenue Guidance.
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