09/01/14 Market Movements

Markets closed down 30.44 points at 6,691.34.

Stock movements
Laird rallied 12.13% today after announcing it has committed to expanding its Asian presence through the establishment of a new manufacturing facility in Vietnam and the expansion of a Design Centre in South Korea.  This move will help broaden its geographic market presence and overall customer diversity.  Laird stock price closed at 317.1p – its TSP is 250p.

British Land closed at 633p – 0.4% above its TSP of 630p.

Market news
As widely expected, the ECB’s left its interest rates unchanged but warned it was still premature to declare any sort of victory.