Stock market analysis from The Share Centre

Friday, 23 February 2007 12:00

Nick Raynor, investment adviser at The Share Centre, comments on this week's market.

"The FTSE 100 reached as high as 6,451 this week only to suffer from nerves a touch and eventually fall back below its opening level on Monday of 6,419.

"The Dow Jones crashed through the 12,700 barrier and analysts will be looking for the index to stabilise above 12,600 or we could see further downside.

"This week's focus was on companies issuing figures and not the usual takeover rumours. The banking sector kicked off the reporting season with Alliance & Leicester and Lloyds; several other banks are releasing results in the forthcoming week.

"Results were issued that the market took a disliking to and this included Scottish & Newcastle and Intercontinental Hotels. Any takeover speculation that was circulating the index was for Drax and Hanson. For the week, the FTSE 100 fell 18 points to close at 6,401."

The UK Market's Winners and Losers

Winners

Losers

Mondays companies reporting:

• Interim results:
  Davenham Group, Ceramic Fuel Cells , Ultimate Leisure Group.
  
• Final Results:
  Bunzl, Hammerson, McInerney Holdings, MicroEmissive Displays Group, Old Mutual, Pearson, Persimmon, Raymarine, Shore Capital Group, Goals Soccer Centres, Smallbone, Stadium Group, Ultra Electronics Holdings, Robert Walters.
  
• Trading Statements:
  Associated British Foods.

Tuesdays companies reporting:

• Interim results:
  Ashmore Group, Charterhouse Communications, Dechra Pharmaceuticals, Hays, Lincat Group, Macro 4, Maxima Holdings, Quayle Munro Holdings , White Young Green.
  
• Final Results:
  Avis Europe, BBA Aviation, Bodycote International, Brammer, Datamonitor, EcoSecurities, Elementis, Fiberweb, GKN, Inmarsat, Invista Real Estate Investment, Standard Chartered.
  
• Trading Statements:
  None scheduled

Wednesdays companies reporting:

• Interim Results:
  Allergy Therapeutics, Barratt Developments, Compel Group, March Networks Corp (Q3), Morse, Pure Wafer.
  
• Final Results:
  BATM Advanced Communications, Betbrokers , CareCapital, HBOS, Henderson Group, LogicaCMG, Michael Page International, Playtech, Proximagen Neuroscience, Rotork, Serco Group, TDG.
  
• Trading Statements:
  Whitbread.

Thursdays companies reporting:

• Interim Results:
  Swallowfield, Wilmington Group.
  
• Final Results:
  Arena Leisure, Aviva, British American Tobacco, Corporate Synergy Group, Filtrona, Grafton Group, Hunting, Keller Group, National Express, PartyGaming, Rathbone Brothers, Reuters, Royal Bank of Scotland, Senior, Spirent Communications, Tarsus Group, Trinity Mirror, UK Coal.
  
• Trading Statements:
  None scheduled.

Fridays companies reporting:

• Interim Results:
  None scheduled.
  
• Final Results:
  Gallaher, Molins, Public Recruitment, Rank Group, Readymix, Rightmove, Schroders, Senior, United Business Media, JD Wetherspoon, Wilson Bowden.
  
• Trading Statements:
  Britvic, Coral Products.

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