Lower opening predicted for FTSE

Today (January 26th) is likely to bring further falls on the FTSE 100, with the market forecast to decline for the fifth consecutive session.

It is expected to lose between 37 and 44 points on opening, Reuters reports, due largely to the decreases that have occurred in Asia overnight.

Investors are still wary following the news that China is to limit lending, a move that could affect the global economic recovery.

The news source noted that shares in Sage Group, PZ Cussons, Intermediate Capital and Severn Trent will all come under scrutiny today, as these firms are due to release either trading updates or earnings reports.

In addition, Barclays stock will be in focus following yesterday’s news that the bank is to defer some workers’ pay.

Barclays was one firm that gained on the FTSE yesterday in spite of the market retreating overall.

Investors had been attracted to banking and mining stocks, looking to purchase shares at low prices after values dipped over the past fortnight.ADNFCR-2318-ID-19577283-ADNFCR