SuddenDeath
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morning everyone
Dow down 110pts currently
Dow down 110pts currently
mornin' all
ftse opened a little weak vs dow - but not as weak as it had been as dow reached for the sky Friday after ftse hours. trading more or less flat atm.
Is US closed today?
royal mail shares 44% premium
Bit of a tussle going on here - my wife wants to hold hers, i wanted to sell mine. We resolved it - I've sold mine to her
Remember there are 3 types of top: the 'Spiked' top, the 'Rounded' top and the 'Non-existent' top.
Bit of a tussle going on here - my wife wants to hold hers, i wanted to sell mine. We resolved it - I've sold mine to her
Presumably RM will shoot straight into FTSE100 on the next review (December?). Tracker type funds will have to be sure they've got enough for it's relative weighting. Never been sure if that capitalisation is based on the shares issued (51% in RM's case isn't it) or the whole business?
I understand it's based on net market cap which is shares outstanding (issued or tradeable) times share price. Treasury stock (shares which the corporation holds but does not trade) are not included. So it'll be weighted on the 51% value you mention.Presumably RM will shoot straight into FTSE100 on the next review (December?). Tracker type funds will have to be sure they've got enough for it's relative weighting. Never been sure if that capitalisation is based on the shares issued (51% in RM's case isn't it) or the whole business?
I understand it's based on net market cap which is shares outstanding (issued or tradeable) times share price. Treasury stock (shares which the corporation holds but does not trade) are not included. So it'll be weighted on the 51% value you mention.
Unless I've misunderstood, won't the trackers already have had dibs on the underwriters issues to ensure they are correctly positioned? I know the public spin is to favour the smaller transaction sizes (£750?) I assume the big boys eat from the trough first? If not, does that largely explain the free-for-all on the first day's trading?
Plus, does this mean those at the lower end of the current index will likely be removed and therefore trigger an associated release of hedge fund holdings? In which case, would a short play on Wood Group, Intu and Kazakmys be something that the larger players would be looking to take in late November?
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It's going to be quiet today.
I didnt think it would be this quiet.
dow low 15,136 think it goes to 15,074