12 Quotes by Jeremy Batstone

The negative share price reaction to these results may reflect certain disappointment... regarding figures which only met, but didn't far exceed, consensus expectations (as the group has been able to achieve in each of the previous two quarterly results announcements) and perhaps a partial evaporation of vague, but continuous, bid speculation.

In the near term, there's a bit of momentum, so (a move over 6,000) wouldn't surprise me...It's entirely clear why the market is at these kind of levels -- it's being supported by M&A activity or rumored M&A activity.

The markets are convincing themselves that U.S. rates are going to 5 percent. But I do not believe one can rely on rates going there, and that is a positive thing.