Traders Are Slow to Digest Retailers' Christmas News ; Market Round-Up
Evening Standard - London › January 06, 2009
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Summary
SHARES traded within a narrow band as stock market investors began disseminating the first of the Christmas trading updates from struggling retailers.
The FTSE 100 index fell seven points to 4572.6 ahead of Thursday's expected cut in interest rates by the Bank of England. In the meantime, investors have plenty to chew over. Presidentelect Barack Obama is planning a massive tax stimulus in an attempt to revive the ailing US economy and the growing number of job losses in this country continues to give cause for concern.See the full content of this document
Extract
Traders Are Slow to Digest Retailers' Christmas News ; Market Round-Up
Trading updates from Next, 69p higher at 1160p, and Debenhams, up 8 1/2p at 37p, were judged to be in line with expectations.
Tomorrow it's the turn of Marks & Spence...See the full content of this document
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