#FTSE #Stoxx The London Stock Exchange (LSE) has recently faced significant challenges, particularly due to a wave of takeover bids that have seen companies acquired at substantial premiums above their current share prices. A striking example is EasyJet, whose takeover bid values the company at an 81% premium over its traded price. While this is undoubtedly positive news for shareholders, it also means that valuable companies are disappearing from the FTSE 250 index, weakening the diversity and appeal of the exchange’s listings.
LSEG’s Strategic Move: Launching 24-Hour Trading
In response to these pressures, the London Stock Exchange Group (LSEG) is taking proactive steps to revitalize investor interest. The group plans to introduce a new trading platform, LSE24, which will operate 24 hours a day, five days a week. This initiative aims to compete with the growing popularity of cryptocurrency markets and more dynamic overseas exchanges by offering continuous trading opportunities.
Importantly, LSE24 will function independently from the existing LSE Main Market, which will maintain its current trading hours. The new platform is expected to launch in early 2027, marking a significant evolution in the LSE’s approach to market engagement.
Potential Impact on LSEG Share Price
The introduction of LSE24 could provide a much-needed boost to LSEG’s share price, which has struggled to recover from the market disruptions experienced since 2020. Currently, the share price sits below 8000p, a critical support level. If this level fails to hold, the price could fall to 7286p, with a further decline to 6312p possible if that support is breached.
On the upside, a move above 8750p could trigger a positive momentum, initially targeting 8866p. Should this resistance be overcome, the share price may advance further to 9139p. A sustained close above 9139p would open the door to a more substantial rally, potentially reaching 10408p and beyond.
Investors and market watchers should keep a close eye on these key price levels as the LSE embarks on this new chapter. The success of the 24-hour trading platform could be pivotal in restoring confidence and attracting renewed interest to the UK’s flagship stock exchange.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:04:55PM | BRENT | 9013.4 | ‘cess | ||||||||
| 10:11:06PM | GOLD | 4078.65 | Success | ||||||||
| 10:19:39PM | FTSE | 10598.2 | 10507 | 10485 | 10443 | 10566 | 10612 | 10653 | 10723 | 10577 | Success |
| 10:24:14PM | STOX50 | 6290.8 | 6237 | 6214 | 6187 | 6270 | 6295 | 6305 | 6338 | 6242 | Success |
| 10:27:46PM | GERMANY | 25064 | Success | ||||||||
| 10:32:58PM | US500 | 7507.4 | Success | ||||||||
| 10:36:38PM | DOW | 52216.8 | |||||||||
| 10:40:08PM | NASDAQ | 29130.2 | ‘cess | ||||||||
| 10:44:47PM | JAPAN | 67108 | Success |
SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.
Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION
Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.
UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
Click Epic to jump to share: LSE:AZN Astrazeneca** **LSE:ECO ECO (Atlantic) O & G** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:MKS Marks and Spencer** **LSE:SPX Spirax** **LSE:STAR Star Energy** **LSE:ZOO Zoo Digital** **
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Updated charts published on : ECO (Atlantic) O & G, Gulf Keystone, Marks and Spencer, Spirax, Star Energy, Zoo Digital,
LSE:AZN Astrazeneca. Close Mid-Price: 12492 Percentage Change: + 0.00% Day High: 12536 Day Low: 12212
If Astrazeneca intends to relax, the price needs to get below 12,212 (but ……..
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View Previous Astrazeneca & Big Picture ***
LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 57.4 Percentage Change: + 0.00% Day High: 58.2 Day Low: 56.6
Simply managing to get the share price above 58.2p is the next hurdle for ……..
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View Previous ECO (Atlantic) O & G & Big Picture ***
LSE:GKP Gulf Keystone. Close Mid-Price: 171 Percentage Change: + 0.00% Day High: 171.6 Day Low: 163
This is almost interesting as above 172 should promote the idea of a visit ……..
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View Previous Gulf Keystone & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 1509 Percentage Change: + 0.00% Day High: 1509.4 Day Low: 1477
If the price of HSBC manages to move ABOVE 1509.4, initial UP target beco ……..
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View Previous HSBC & Big Picture ***
LSE:MKS Marks and Spencer. Close Mid-Price: 398.3 Percentage Change: + 0.00% Day High: 400.4 Day Low: 377.4
Target met. In the event of MKS share price managing to exceed 400.4p (pl ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:SPX Spirax. Close Mid-Price: 6875 Percentage Change: + 0.00% Day High: 6900 Day Low: 6780
Above 6960 should now trigger movement to an initial 7058 with our seconda ……..
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View Previous Spirax & Big Picture ***
LSE:STAR Star Energy. Close Mid-Price: 20 Percentage Change: + 0.00% Day High: 21 Day Low: 19.5
The next task for Star Energy is to get the price above 21p (not with a f ……..
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View Previous Star Energy & Big Picture ***
LSE:ZOO Zoo Digital. Close Mid-Price: 9.25 Percentage Change: + 0.00% Day High: 9.5 Day Low: 8.75
Target met. If the share price of Zoo Digital manages to move BELOW 8.75, ……..
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View Previous Zoo Digital & Big Picture ***