Friday, 22 February 2013

Spreads back on track with a decent rise

Today was much better at least in terms of stabilising yesterday's horror show. The spreads were up around £60 in total with Aberdeen Asset Management once again being the shining light. It rose almost 10pts giving me £190+ profit so far.

There were decent enough risers with Synthomer, Elementis and Talvivaar as well. Perhaps waiting for a kick start are the shares that were introduced yesterday morning. Premier Oil, SIG and Qinetiq are all valued at £2pp and only SIG is approaching break even.

So overall I'd say pleasing, but we're going to have to see Monday which way investors are going on the back of the bad American news.

I currently stand at +£277 with £618 equity.

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