RAMSEY CROOKALL
DAILY REPORT
29TH April 2010
The London Market bounced back today bolstered by a firm US market.
BP’s chief operating officer has admitted that the amount of oil leaking from the site may
be more than 5,000 barrels a day rather than the 1,000 barrels a day initially estimated.
Sector peer BG Group fell 6p to ?11.03 after it reported first quarter figures that beat
market expectations.
Pay TV and Internet service provider British Sky Broadcasting remains the top performer
among blue-chips after it saw subscriber numbers improve by a better than expected 62,000
in the first three months of 2010 with average revenue per user up 11%.
Standard Life has made a strong start to the year with strong growth in net flows and assets
in the first quarter.
AstraZeneca has upped its profit target for the full year after strong growth from key drugs
and emerging markets helped the drug giant post a sharp rise in earnings in the first quarter.
Taylor Wimpey, which has lifted selling prices of homes in the UK by 9% since January as the
housing market continues to recover climbed ? p to 41 ? p.
Raymarine said it remains in advanced discussions with a third party regarding a sale of the
business, a day after Garmin launched a 15p share bid for the marine electronics firm.
THE FTSE 100 WAS up 37 @ 5.623
WALL STREET THE LATEST DOW JONES WAS up 110 @ 11,155
NASDAQ WAS up 14 @ 2,495
and that was today’s Ramsey Crookall & Co’s market report.
Thursday 29th, April 2010 05:14pm.