uncertain after the election of the Greek FTSE, but reinforced by Burberry is hoping that the

  With the election results Greek falling investor quiet it another day was more volatile in

markets, but in spite of the current austerity measures, luxury goods were in demand.

Burberry rose 38p to £ 13.46 following positive comments on the luxury sector from analysts at

Deutsche Bank. The bank said:

    The luxury sector has had never gone so well. While there is little evidence of a slowdown of

growth, the absolute values ​​of record profitability for most brands and return on capital in this

sector increased by 11 percentage points since 2001, employs.

He believed that consumers in emerging markets provides opportunities for potential growth in the

next ten years.

Building materials group Wolseley Elsewhere added 57P to £ 22.33, after analysts suggested it

could back up to € 1.5 billion shareholders. Sat at Jefferies Cullen said:

    The Wolseley is currently believed that the debt to be close to release by the end of 2012

and have a significant cash balance at the end of 2013. Management has repeatedly said the group

is not at the cash surplus in the balance sheet and in the absence of a major step in the M & A,

excess cash back to shareholders. We suspect that Wolseley has the potential to give back up to €

1.5 billion in 2013, has shareholders, either as a lump sum or installment payments, the creation

of up to 7% of shareholder value.

Meanwhile, Citigroup said the company could spend up to 2000000000 £ for acquisitions or

redemptions. Analyst Clyde Lewis said:

    We can look to spend $ 2000000000 group by EUR for acquisitions and the return on capital

over the next three years in addition to normal pay dividends. After mixing, the potential

increase in 2015 earnings by about 20% -25%, with our estimated earnings per share for 2015-390P

to 375p has.

Overall, the FTSE 100 only 12.28 points higher at 5491.09 after hitting end 5555, the initial

euphoria about the election victory of the pro-Greek rescue package soon tempered by fears

messages Spain and Italy. Spanish bond yields in the life of the euro zone reached its peak,

while comments from German Chancellor Angela Merkel, that Greece had to stick to his rescue

arrangements also dented sentiment.

The banks were the main Fallers continued as the debt crisis. Royal Bank of Scotland fell 12.3p

to 235.3p, while Lloyds Banking Group lost 1.14p to 30.16p.

Glencore also fell 12.05p to 328.4p and 859.2p 31.8p close to Xstrata, with further proposals to

shareholders could be in a planned merger to lead to the level of payments in connection with the

transaction protest vote.

Struggling Man Group hedge fund has lost its second most important leader in a week with the

sudden departure of its CFO.

The company, which also lost its place in the FTSE 100 index of leading shares after the market

close on Friday evening, said Kevin Hayes left "to pursue other professional and personal

interests." The departure follows news last week that Darren Upton, head of research methodology,

which was involved in the development of human capital key AHL, left to join rival ISAM.

Hayes replacement as CFO is Jonathan Sorrell, chief of strategy and corporate finance man and the

son of WPP boss Sir Martin Sorrell, Martin, who is in the news after a series of recent pay.

Departures that man tried to investor confidence after recent poor performance at its AHL again

and GLG major acquisition. The shares ended 1.6 percent higher at 74.4p.

Cable & Wireless Worldwide 2.74p 37.77p added to its shareholders, which supports the restoration

of one billion pounds of Vodafone, up 1.2p to 174.9p.

11.9p to 370.6p Melrose Company was redemption after he reports on the weekend in talks about a

cash purchase of $ 2.3 billion possible German utility meter manufacturer Elster Group was

confirmed in what is their first major deal in four years Mark. Melrose said he would not go

without a recommendation of the Board Elster and its largest shareholder, CVC Capital Partners.

It would be to fund an agreement with the new debt and a rights issue fully subscribed. Including

400 million in debt, would the total enterprise value for its $ Elster 2700000000th Analyst Harry

Philips at Oriel Securities, said it was a little surprised by the goal of Melrose and his

European city, and said it was a risk for other predators such as ABB and Siemens plunged into

the fray. He said:

    Attractions are the market position as a leader Elster, the four players have 60% of the

market between them, the cash flows of the company's strong growth and significant opportunities

to improve the measurement infrastructure in Europe.

Regarding funding, he expects to deliver approximately 735 million new shares £ Melrose in a 1

for 2 rights issue at all about 350P, with £ 965m of new debt:

    If the agreement is finalized, we expect that the disposal program will do with [the North

American group of window products] the truth at the top of the list faster.

Finally got the Real Good Food 1.5p to 57p after the company has strengthened its relations with

baking soda and sugar Mauritius sugar producer Omnicane International. The company is valued at £

2.4m share issue in Omnicare, of its approximate 13% will amount to 20%, with the products used

to reduce the £ Real Good Food indebtedness 25.9. Both are also in talks on closer cooperation

with real good access to food supply in the markets of the EU sugar regime and Omincare able to

develop export markets for certain other products of society, particularly in Africa.

Pieter Totte, president of Real Good Food, said:

    I am very pleased with this innovative development is enjoying an exciting time for the

company and we look forward to working with Omnicane on the exploration of mutually beneficial

opportunities.

Phil Carroll capital of the company's broker Shore said:

    We believe today's announcement represents a very positive development, with an average group

of long-term progress of the eye. In addition, we have the announcement that the repayment of

debt by the case when accelerating, with some expected dilution, must be taken over by investors,

as well as the fact that the bet was made at a premium, which, in our opinion , underlines the

positive mood after the long-term prospects of the operation.