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3 July 2009:

Stock markets present a steadier appearance after yesterday's setback, which was caused by grim US job figures.

These knocked 223 points from Wall Street, which is today closed for the Independence Day holiday, but the underlying mood is still very cautious.

By 8.30am, the FTSE 100 index was up 11 points at 4,245 and the Mid-250 index a point firmer at 7,375.

Banks, oils and miners managed to reclaim a few pence of yesterday's hefty falls, with a buy rating for UBS underpinning Lloyds at 66.75p, up 0.85p.

Friends Provident shed 4.89p to 63p following the demerger of its stake in F&C Asset Management. It is 2p firmer at 68p.

A positive note from Citigroup lent support to AB Foods at 782p, which is up 7p.

Balfour Beatty softened 2p to 306p, in spite of a cheerful trading update.

Transport shares were in focus as Nomura started coverage of several stocks in the sector. Arriva lost 9.50p to 395.50p and National Express dropped 4p to 270p.

 

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Welcome to LAfinancial's new website which has been redesigned to more accurately reflect the nature of our business

Links:

- Lester Aldridge
- IFA Promotions
- MoneyFacts
- Financial Times

Version: 1.0
(June 2007)

Welcome to LAfinancial

Southern Financial Services Ltd t/a LAfinancial was established in 1995 to work with individual and corporate clients across the UK

We are independent financial advisers partly owned by the equity partners of Lester Aldridge Solicitors. We are primarily a fee-based practice based in Bournemouth and Southampton. We offer a free, no-obligation initial meeting.

LAfinancial is directly regulated by the Financial Services Authority, our registration number is 174623.

Treating Customers Fairly

This commitment is taken very seriously and we endeavour to ensure that our clients receive the best possible service, not only at outset but on an ongoing basis. This is why a large number of our clients have been with us for many years.

Our financial planners will work closely with you to devise a clear plan for the future and, where necessary, will liaise with your other professional advisers, such as your accountant and solicitor, ensuring bespoke solutions to meet your needs.

Regular review meetings will be agreed at outset to monitor and assess progress.

 

Southern Financial Services Ltd is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/home.do). FSA Registration No: 174623

The Financial Services Authority does not regulate National Savings or some forms of mortgage, tax planning, offshore investments or school fees planning.

The information contained within this site is subject to the UK regulation regime and is therefore targeted at consumers based in the UK only.

Please read our Privacy Statement before completing any enquiry form or before sending an email to us.

Southern Financial Services Ltd
Registered Address:
Russell House
Oxford Road
Bournemouth
Dorset
BH8 8EX
Registered in England & Wales, No. 3058638

Neither Southern Financial Services Ltd nor its representatives can be held responsible for the accuracy of the contents/information contained within the linked site(s) accessible from this page.