Sports Direct 上昇傾向 about 2012 prospects with the European football tournament and Olympics taking place

The FTSE rose 63 points or 1.1 per cent to 5568 since last Wednesday to yesterday’s の近くに, に引き続いて on from last Tuesday evening’s news (29 November) that central banks across the world were making a 一致した 成果／努力 to 供給する liquidity to the 財政上の markets.

There was also more rhetoric regarding the Eurozone reaching 会計の union and 肯定的な news regarding US 失業率s 落ちるing.

On Thursday the FTSE fell 0.29 per cent to 5489 points, まず第一に／本来 on the 支援する of 利益（をあげる） taking after last Wednesday’s 3.1 per cent 伸び（る）.

In the US, the ISM 製造業の 索引 for November rose to 52.7 from October’s 示す of 50.8, while in 中国 the 連合 of 兵たん業務 & Planning’s PMI 拒絶する／低下するd from 50.4 to 49.0 in November, the first 収縮過程 since March 2009.

The blue-半導体素子 索引 決起大会／結集させるd 1.15 per cent on Friday to 5552 points に引き続いて German （ドイツなどの）首相／（大学の）学長 Angela Merkel’s comments? that the 支配するs 治める／統治するing 会員の地位 of the Eurozone should be ‘binding’ while 発言／述べるing that ‘we're almost there’ with 尊敬（する）・点 to placing Eurozone 会計の union on the 協議事項.

Another 肯定的な step in the markets （機の）カム from the US 労働 Department, 明らかにする／漏らすing that the 失業率 fell from 9 per cent to 8.6 per cent in November, a two-and-a-half year low.

On Monday the UK’s 主要な 索引 made modest 伸び（る）s to の近くに at 5568 points on slight 楽観主義 that Merkel and Sarkozy can 配達する a 包括的な 一括 to a 批判的な EU 首脳会議 this Friday.

の中で the 提案s were that the European 法廷，裁判所 of 司法（官） will have a say when countries break the 合法的に 設立するd 限界 for public 負債 of 3 per cent of GDP; and to bring 今後 the implemen tation of the 永久の 救助（する） 基金 by a 十分な year to 2012.

Sarkozy said he 推定する／予想するs all of the necessary 交渉s to be finalised by March

The FTSE の近くにd flat yesterday at 5568 points にもかかわらず 関心ing comments from the ratings 機関 基準 & Poor regarding the 君主 負債 of Europe’s strongest economies.

The S&P 発表するd that it placed the 率ing of 15 of the area's 君主s on CreditWatch with a 消極的な 見通し while フラン received the worst 警告, after it was 知らせるd by the 機関 that it could be downgraded two notches unless it 改善するs its 予算上の position.

The 予測できなく of the markets returned again with a strong 伸び（る） of 4.3 per cent if you take the rise from last Tuesday (29 November) to yesterday’s の近くに.

I‘m mindful not to get too carried away as the 不確定 is just as 流布している as it was 事前の to the 告示 last week of a 一致した central bank 活動／戦闘 to 上げる 経済的な activity.?

However, this Friday’s EU 首脳会議 will be pivotal to how we finish 2011 and かもしれない how 2012 fares too.

Again 警告を与える is the 重要な: 広大な／多数の／重要な in the short-称する，呼ぶ／期間／用語 if the 返答 from the member 明言する／公表するs is 肯定的な but if we get too many rebuttals the 見通し for the FTSE could be pretty 残虐な.

Keep an 注目する，もくろむ on...

Sports 着せる／賦与するing and 器具／備品 retailer Sports Direct (SPD) next week as the company is scheduled to 解放（する） its 暫定的なs next Thursday, 15 December.

The company 発表するd on 19 October a pre-の近くに 貿易（する）ing update for its half year ending on 23 October 2011.

Group total sales for the nine weeks ending 25 September 2011 grew 11.5 per cent to £329 million and 甚だしい／１２ダース 利益（をあげる） 増加するd 12 per cent £131 million.

It 明言する／公表するd that the company remains on 跡をつける to 配達する 収入s before 利益／興味 税金, 価値低下 and amortisation of £215 million for the 十分な year.

It also said it was excited about the 適切な時期s for 2012 given the UEFA Euro 2012 and the London Olympics in the summer.

From the 財政上のs the 逮捕する gearing of 45 per cent is 負かす／撃墜する from 120 per cent last year while the price to 収入s 割合 of 15.8 seems やめる strong for a retailer.

However, when take into account that 収入s per 株 is 推定する／予想するd to grow by 23 per cent each year for the next two years, it 現実に makes the company look rather attractive as an 投資.?

There are very few retailers I would have on my shopping 名簿（に載せる）／表（にあげる） for Christmas, but if my 手渡す was 軍隊d I would be tempted to tuck Sports Direct into my 大臣の地位 with a one to two year 見解（をとる）.

最高潮の場面s from the FTSE 350 over the last week 含む:

? Last Thursday life 保険会社 決意／決議 (RSL)< /span> rose 3.86 per cent to 244.7p after 延長するing 伸び（る）s from Wednesday after the High 法廷，裁判所 認可するd its 計画／陰謀 to 移転 確かな parts of its 商売／仕事s to Friends Provident Life and 年金s 限られた／立憲的な, the main UK life 保証／確信 company owned by the company's 子会社, Friends Life Group.

? Burberry Group (BRBY) 押し進めるd three per cent higher to 1308p に引き続いて news that 中国 is lowering the 合法的な reserve 必要物／必要条件 for Chinese banks (中国 is a high-growth market for Burberry)

? On Friday Carpetright (CPR) was the 最高の，を越す FTSE 350 performer up 12.43 per cent to 438.6p に引き続いて news that that it had 契約d a sale-and-leaseback 処理／取引 on one of its 所有物／資産／財産s. Carpetright also has 暫定的なs out next Tuesday so perhaps there was a bit of short-covering too.

? Barclays (BARC) 追加するd 7.62 per cent to 190.65p, after comments from European leaders over ‘会計の union’ helped to 緩和する 恐れるs over the 君主 負債 危機.

? It was a terrible day on Monday for 新規採用 会社／堅い Michael Page International (MPI) 負かす／撃墜する 12.9 per cent to 317.9p, after 警告 on 十分な-year 利益（をあげる）s に引き続いて a 重要な slow-負かす／撃墜する in growth in the fourth ４半期/4分の1, 特記する／引用するing that the Eurozone 危機 has "減ずるd （弁護士の）依頼人 and 候補者 信用／信任".

? However, the unloved TUI Travel (TT.) made a 4.78 per cent 伸び（る） to 177.7p after 地位，任命するing a 25 per cent 増加する in 十分な year pre-税金 利益（をあげる）s to £360 million. The 業績／成果 of its 株 has been dragged by the colossal 利益（をあげる） 警告 from Thomas Cook about three weeks ago.

? Yesterday Home 小売 Group ( HOME) 低迷d 8.57 per cent to 92.25p after retailers were sold after 高度に 用心深い 発言／述べるs from the British 小売 国際借款団／連合 (BRC) about Christmas spending by the British 消費者.

? 保険会社 海軍大将 Group (ADM) fell a その上の four per cent to 890.5p, still reeling に引き続いて a sell 推薦 and 570p price 的 from Investec last week.