Vote. Reports suggest cyber monday in the u. S. , sales hit a new record, clipping 2 billion for the first time. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hello. Welcome to todays program. Were just over an hour into the trading session here in europe. We are down once again. Decliners being outpaced by advancers by a ratio of around about 7 to the on the Dow Jones Stoxx 600. The if it is ft. Yesterday was down from 55 points. You can see at the moment, down 0. 3 . Take a look at where we stand on some of the individual sectors, as well. No sectors at the moment in positive territory. Basic resources once again. Its been a year of underperformance for the resource sector. Spot gold, bouncing off after hitting near those fivemonth lows at 1222. Copper is a little lower. The spread between west texas and brent now getting ever wider. There seems to be more u. S. Supply coming on board. The question is whether the weakness in the u. S.
Also coming up on the program, the ipos are continuing thick and fast as lloyds announced it will sell shares in its state of tsb. Will the deals be snapped up . Here with more is caroline hyde. Lets start with tsb. How much is the offer . 25 . It has been estimated that it is worth about 1. 5 billion pounds. 370 5 Million Pounds could be up for grabs as quickly as next month. So far, it will be going to institutional buyers. They will also be depending on Retail Investors in a big way as well. People sitting at home, 2000 pounds they might want to put to work. And a bit of a bonus as well. If you are that retail investor, freeu buy 20, you get one if you hold onto it for more than a year. There have been a few concerns about flotation recently. Because of the bailout of lloyds back in 2009. Bailout back in 2009, they agreed that they would eventually have to do this and now they are making good the making good. Also, investors can buy into your next euronext again. They can. Listings,