Global Daily round-up (10-01-2012)

Global Daily round-up  (10-01-2012)

US equities closed higher yesterday with the Dow Jones up 0.3% and the S&P 500 up 0.2%. US stocks climbed ahead of the quarterly earnings season. Shares in Inhibitex climbed 141% after Bristol-Myers Squibb agreed to buy the pharmaceutical group. Shares in other treatment developers surged, including Idenix Pharmaceuticals which moved 37% higher. The S&P 500 has recorded gains on all but one trading day so far in 2012.

In early morning trading the FTSE 100 was 0.9% higher and the FTSE Eurofirst 300 was up 1.0%. Stocks and commodities are in demand as global growth hopes outweigh eurozone fiscal worries. In London, mining stocks rose owing to strong Chinese import data. Base metals producer, Kazakhmys, rose 2.5%, while Vedanta Resources was up 2.4%.

Source: Henderson Global Investors

Henderson Global Investors is the name under which Henderson Global Investors Limited (reg. no. 906355), incorporated and registered in England and Wales with registered office at 201 Bishopsgate, London EC2M 3AE and authorised and regulated by the United Kingdom  Financial Services Authority) provide investment products and services.

The Henderson Horizon Fund (the Fund) is a Luxembourg SICAV incorporated on 30 May 1985 and regulated by the Luxembourg Financial Services Regulatory Authority.

Atlas JMFS Investments Services Limited (Atlas JMFS) is the Representative in Malta of Henderson Global Investors. Henderson Horizon Fund is authorised to be marketed in Malta in line with the UCITS Directive. Atlas JMFS Investments Services Limited (IS30176), 67 Level 3 South Street, Valletta, Malta is licensed to conduct investment services business by the MFSA, Notabile Road, Attard BKR3000, Malta, and is a member firm of the Malta Stock Exchange, Garrison Chapel, Castile Place, Valletta VLT1063, Malta.

The sub-funds of the Henderson Horizon Funds which have been authorised to be marketed in Malta are eight equity funds and one bond fund.

Investors should remember that the value of investments and any income derived can go down as well as up and past performance is no guarantee to future performance. Any investment decision must be made solely on the basis of the information contained in the prospectus, which is available on request from Henderson Global Investors and may be obtained from the local representative Atlas JMFS.