RAMSEY CROOKALL

14th  October 2011

Evening Report

The FTSE 100 closed up 1.16%, with miners and energy stocks rise on improved metals and oil prices . Heightened expectations that this weekend's G-20 meeting will make some progress towards resolving the euro-zone's debt problems helped support market sentiment today, however, caution still persists.

Consumer goods giant Unilever was up after announcing that it has strengthened its position in emerging markets with the acquisition of Russian beauty company Concern Kalina for RUB21.5bn (£440m).

DIY retailer Kingfisher  closed lower after Oriel Securities downgraded the stock to "reduce" from "hold". The shares closed down 1.06%.

Jupiter Fund Management was one of the high risers, up 9%, despite seeing its assets under management fall by 10% in the three months to 30 September.

Engineering software group AVEVA rose after saying that it is optimistic that a reorganisation in China should deliver strong growth in the second half.

Online fashion retailer ASOS fell after revealing that sales growth slowed down in the second quarter to 49%, from 63% in the first.

The FTSE 100 at 16.40        Up          62       @       5466

THE DOW JONES at 16:40             Up          73     @      11551

THE NASDAQ COMP at 16:40           Up          21       @      2642

            Commodities Spot Gold $/Oz           $1669                Up                0.06  %     Brent Crude Oil          $111.87              Up                2.53  %

Exchange Rates GBP – USD           1.5802 GBP - EURO         1.1402