Elisabeth Paetow of http://www.cityindex.co.uk/ presents the daily market update for 1st August 2011, including news of a rise for Intertek and a fall for Punch Taverns. Full headlines as follows:<br /><br />- Monday saw a promising start to the FTSE 100, with the index pushing towards the 5900 benchmark.<br /><br />- HSBC was up 4% today after releasing better-than-expected results.<br /><br />- Intertek is up 5.8% after releasing a trading update, while Punch Taverns is down over 80% after completing its demerger.<br /><br />- In economic data, the UK manufacturing PMI will be released at 9.30am (London time), followed by US ISM Manufacturing PMI figures at 3pm (London time).<br /><br />For more market analysis from City Index, visit http://www.cityindex.co.uk/market-analysis/<br /><br />Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
