Excerpt from:  Spread Betting European Stocks
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February 13, 2007

U.K. Stocks Advance on Stock Market

Spread bets and CFDs on British stocks
Base metals are up on the commodities market, and that is helping mining companies, pushing British stocks higher. U.K. stocks are up on the stock market, while Irish stocks remain virtually unchanged. Even with real estate stocks down and energy stocks down, the FTSE 100 Index is still on the rise. Spread betting and contracts for differences on British stocks should consider this information from Bloomberg:

The benchmark FTSE 100 Index added 10.5, or 0.2 percent, to 6364 at 12:30 p.m. in London. The FTSE All-Share Index increased 4.5, or 0.1 percent, to 3297.72. Ireland's ISEQ Index was little changed at 9677.94.

BHP Billiton, the world's largest mining company, advanced 1.8 percent to 1,068 pence as tin, copper, nickel, zinc, aluminum and lead all climbed in London.

Tin rose for a fourth day on concern that an Indonesian government plan to tighten export regulations may continue to constrain production. The base metal added 0.8 percent, while copper gained 2 percent.

Antofagasta, the owner of three copper mines in Chile, gained 1.8 percent to 470.5 pence. Xstrata, the world's fourth- largest copper producer, increased 1.4 percent to 2,389 pence.


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