Wm Morrison leads 100 with 8 percent gain

| July 21, 2009 | 0 Comments
Wm Morrison leads 100 with 8 percent gain

Most equities markets in Europe saw gains Tuesday.

In London, the FTSE 100 was up 0.85 percent to 4,481.17 while the FTSE 250 added 0.99 percent to 7,742.58.

Supermarket operator Wm. Morrison (LSE: MRW) had the best day on the 100 as it added 8.19 percent while TUI Travel (LSE: TT) turned in the worst performance of the session with a decline of 2.6 percent.

The FTSE Eurofirst 300 was up 0.81 percent to 888.36 while the CAC-40 added 0.98 percent to 3,302.89 and the Dax gained 1.27 percent to 5,093.97, but the IBEX dropped 0.2 percent to 10,122.2.

Markets in the Asia-Pacific region were mixed.

In Tokyo, the Nikkei 225 was up 2.73 percent to 9,652.02, its highest close in two weeks, while the Topix index added 2.65 percent to 901.55 and the Mothers market gained 2.25 percent to 442.96.

Other gainers in the region included Australia’s markets, where the S&P/ASX200 was up 0.01 percent to 4,050.7 and the Sydney Ordinaries added 0.1 percent to 4,048.3, while at the same time the Taiex was 0.21 percent higher to 6,953.34 and the Kospi gained 0.71 percent to 1,488.99.

The Hang Seng was down fractionally to 19,501.73 while the Straits Times Index fell 0.07 percent to 2,454.33, the Sensex was 0.85 percent lower to 15,062.49 and the Shanghai Composite dropped 1.64 percent to 3,213.21.

New York markets were lower in early afternoon trade as the Dow Jones Industrial Average was down 0.13 percent to 8,836.82 at just before 1 p.m. while the Nasdaq Composite had fallen 0.67 percent to 1,896.47 and the S&P 500 had dropped 0.53 percent to 946.12.

Crude oil prices were higher in London and New York, but grains prices fell in afternoon trade in Chicago while precious metals prices and most base metals prices declined, although London three-month copper was higher on the session.

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