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Market summary

Dec 19 - Markets closed

World markets

Shanghai 3,160.76 +52.16 (1.68%)
S&P 500 2,070.65 +9.42 (0.46%)
Nikkei 225 17,589.20 -32.20 (-0.18%)
Hang Seng Index 23,457.60 +340.97 (1.47%)
TSEC 9,095.00 +95.48 (1.06%)
EURO STOXX 50 3,141.28 -12.49 (-0.40%)
CAC 40 4,241.65 -7.84 (-0.18%)
S&P TSX 14,468.26 +121.51 (0.85%)
S&P/ASX 200 5,442.00 +103.40 (1.94%)
BSE Sensex 27,427.35 +55.51 (0.20%)
TA25 1,487.53 +5.65 (0.38%)
SMI 8,976.24 -36.87 (-0.41%)
ATX 2,122.03
IBOVESPA 49,650.98 +1,155.28 (2.38%)
SET 1,527.77 +13.42 (0.89%)
BIST100 83,573.55 +347.34 (0.42%)
IBEX 10,363.60 -27.70 (-0.27%)
WIG 51,297.12
TASI 8,525.39 +204.84 (2.46%)
MERVAL 7,325.29

Currencies

GBP/USD 1.5642 +0.0014 (0.09%)
GBP/EUR 1.2782 -0.0002 (-0.02%)
GBP/JPY 186.9965 +0.2238 (0.12%)
GBP/HKD 12.1299 +0.0119 (0.10%)
GBP/CNY 9.7257 +0.0016 (0.02%)
GBP/AUD 1.9161 -0.0019 (-0.10%)
The reason oil could drop as low as $26 per barrel
How low can it go - and how long will it last? The 50 per cent slump in oil prices raises both those questions and while nobody can confidently answer the first question (I will try to in a moment), the second is pretty easy.
Asian markets gain as oil rebounds  
Oil Rises for Second Day on Saudi Confidence in Demand Rebound  
Market Chart
6,545.27
15,888.91
3,515.70
3,459.05

Top stories

Britain's job-rich recovery will strengthen next year, with robust growth in permanent employment paving the way for the broadest rise in real pay since before the financial crisis, according to a respected survey.
CITY workers are feeling more confident about receiving higher bonuses this year, despite several top firms suffering a shareholder backlash over excessive pay and concerns over the EU bonus cap which comes into force next year.
SINGAPORE (Reuters) - Oil prices rose on Monday as Asian markets opened strongly into a holiday-shortened week and consensus spread that Brent crude futures would likely remain above $60 for the rest of the year.
Middle-class households fork out more in taxes than they get back from the state, with top earners paying the Treasury �30,000 more than they receive in handouts.
A currency trader who vanished with �130 million in an alleged fraud lured investors by letting them think he was the multi-billionaire owner of Tottenham Hotspur FC, it was claimed.

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