Spread Betting Market Update - 24th May 2011

cityindex 2011-05-24

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Bookmark http://www.cityindex.co.uk/market-analysis/ to keep your finger on the pulse of spread betting market news. Here, Chris Nelson-Smith brings you the key spread betting and CFD trading market activity from the floor of City Index on 24th May 2011.

Headlines:

- The FTSE opened stronger this morning after yesterday’s sharp sell-off.

- So far, the FTSE is up 25 points at 5860, the DAX is up 16.5 points at 7138, the CAC is up 11 points at 3918 and Dow Jones futures are currently trading up 33 points at 12395.

- A rally in commodity prices has led to a stronger night in Asia overnight, providing a little more stability this morning.

- The best performers on the FTSE today are miners Antofagasta, Kazakhmys, Fresnillo, BHP Billiton, Eurasian Natural Resources and Rio Tinto.

Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

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