BAA seen reaching £6-a-share

ACH week, our spread betting round-up reveals the biggest bets being made by punters on shares, indices, currencies and commodities:

FOOTSIE spread-betters could afford bigger Easter-eggs this holiday following the recent rises in the FTSE-100 index. As has been reported here, traders had been betting that the index would rise, and for the last 10 days we've seen far more buy bets than sell bets.

For the moment at least, this is a pattern that's set to continue, and with the index currently trading around 4510, most spread-betters feel happy to stay 'long'. Technical target levels for profit-taking currently intersect at around 4590.

BAA

TRADING in British Airport Authorities, operator of seven UK airports, has been brisk this morning following the release of solid March passenger numbers.

Currently trading at 533p, BAA received a raft of broker 'buy' recommendations following the news, forecasting a price rise to 600p!

Spread-betters have been actively following the shares, most hoping for a quick rise in price over the next few days, allowing them to take profits.

Mmo2

ALWAYS a favourite amongst the UK investor market, Mmo2 today released some encouraging data by announcing 400,000 new customers in Germany in the first quarter taking the total to just under.

This is all the more relevant as the Company's CEO continually reminds anyone who'll listen that the business is 'For Sale'. Likely bidders will view the German business as an integral part of the Company's valuation.

Spread-betters have shown consistent support for the shares, especially at around the 100p level. Currently trading at 103p, traders are looking toward the previous 'bid-spec' highs of 112p.

Forex

CURRENCY markets continue to be the most consistently traded products by investors with the dollar-pound trading within a 1.80 to 1.85 range.

Spread-betters are making the most of trading opportunities, which show nosigns of abating.

This column is courtesy of easy2spreadbet. Listen to live audio commentary and views at www.market-buzz.com.

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