Watch the latest market news from the floor of City Index (http://www.cityindex.co.uk/) on 2nd November 2011 with Edward Dewhirst. Headlines include:<br /><br />- European bourses tumbled amid confusion and indecision in Greece.<br /><br />- The proposed referendum and threat of a snap election to dispose incumbent Prime Minister George Papandreou lead the FTSE to close down 2.2% yesterday.<br /><br />- The DAX closed down 5%, while in the US the DJIA closed down 2.5%.<br /><br />- Despite heavy hitters like BP, Shell and GSK, amongst others, going ex-dividend and taking 12.8 points off the FTSE, we see it in positive territory this morning.<br /><br />- The FTSE index is currently up 15 points at 5436.<br /><br />- With a recovery in copper prices and a bounce back from yesterday's sell off, miners are leading the FTSE leaderboard, with Kazakhmys up 2% on the day.<br /><br />- The biggest gainer however is Next, up 5%, after the retailer raised its first year profit target and sales to 4%.<br /><br />- The biggest fallers unsurprisingly are GSK, down 1.55% and Shell, with both A and B shares down about 1%.<br /><br />- Lloyds is trading down 3.5% today.<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.
