Reporting season for the high street banks starts this week and Barclays is first to kick off. Banks have suffered recently, so tomorrow’s trading update from Barclays could provide a buying opportunity after the recent sell off in equities. Capital Spreads offers a price of 262.6p-263.1p.
One of the few companies to prosper during the credit crunch was Domino’s Pizza, which saw shares increase by 50 per cent in 2009 as cash-strapped Brits ditched meals out for takeaways. The stock hit record highs of 340.5p earlier this month although the share price has fallen away slightly since then, ending last week at the 324p level. The firm is expected to report another rise in full-year profits on Tuesday, so spread betters have been anticipating another possible rise in the stock. ShortsandLongs.com has a rolling spread of 319.3p-322.10p.
Bookmaker Ladbrokes did less well during the recession and suffered badly in October when it revealed that it had been hit hard by a long run of punter-friendly results in the Premier League. However, shares have been on a steady climb since then and the firm’s share price rose to above 160p earlier this month. A full-year report on Thursday could help to paint a more positive picture. Spreadex has a March-based contract with a spread of 150.2p-151.9p.