CFD Trading Market News: TUI Travel biggest riser on FTSE 100 amid deal rumours

CFD Trading Market News: TUI Travel biggest riser on FTSE 100 amid deal rumours

Financial spread betting and CFD trading market update from City Index (http://www.cityindex.co.uk/) TUI Travel has proven to be the leading riser on the FTSE 100 this morning (April 5th). The share prices of the company were up by 4.44 per cent on the London Stock Exchange's premier index as of 10:14 BST, a rally of almost ten points compared to yesterday's close. Such trading success followed rumours that an Ormani fund has taken a 15 per cent stake in Hapag-Lloyd, a German shipping company which TUI AG also has a holding in. RBS was reported by the Guardian as saying: "TUI still has net debt of 1.6 billion (1.4 billion) and we see the best use of any proceeds from the sale of its Hapag-Lloyd stake going to reduce this leverage." It added that "monetising" the shipping firm could allow TUI to turn more attention to the leisure side of its business. The second-biggest riser on the FTSE 100 was Resolution, which enjoyed a share price boost of 2.99 per cent as of 10:21 BST. See how you can trade CFDs with City Index at http://www.cityindex.co.uk/cfd-trading/ Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks. Spread betting and CFD trading are exempt from UK stamp duty. Spread betting is also exempt from UK Capital Gains Tax. However, tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary. About City Index: Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform. As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, contracts for differences (CFDs) and, in the UK, financial spread betting. We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. For more information, visit http://www.cityindex.co.uk/

POST COMMENT

How do I Learn How to Market Online? How to Market with Twitter Profit From Your Unused PLR Content Make Me A Millionaire Review - Is Make Me A Millionaire A Scam? Earn Excellent Income With Multi level marketing Opportunity! Money-Wasting Marketing Mistakes: Part Two Currency Pairs - The main market movers for GBP/EUR, GBP/USD, EUR/USD, AUD/USD, USD/JPY Nu Skin Scam - Is It Really A Fact Or False? Creative Advertising and E-marketing Company Water appliances market situation and future development prospects - water appliances, market, outlo Online Social Marketing - Why it Works Web marketing Community Affiliate Marketing, SEO and Web Traffic