London pre-open: FTSE to fall as investors take a breather
17th Sep 2012 07:25
City sources predict the FTSE 100 will open down 33 points from Friday's close of 5,916, when the index hit a six month high as markets reacted to the Federal Reserve announcement of further economic stimulus. Investors will be able to take a breather on Monday as it is set to be thin on corporate
Read moreAmplats set to re-open Rustenburg
17th Sep 2012 07:05
Anglo American Platinum - or Amplats - said it plans to resume operations in Rustenburg after work was suspended last week to protect staff. The firm, which accounts for around 40% of global platinum supply, took the decision to stop operations in the area to protect the safety and security of its
Read moreLondon close: Footsie jumps to six-month high on QE3
14th Sep 2012 16:26
- Footsie closes at highest level since mid-March - Markets celebrate QE3 announcement - Mining stocks surge as demand outlook improves Massive gains in the mining sector lifted the FTSE 100 to a six-month high on Friday as markets reacted to the Federal Reserve announcement of further economic sti
Read moreFTSE 100 movers: Miners soar after Fed announcement
14th Sep 2012 15:39
Mining stocks were putting in an impressive performance as metals prices gained on a weaker dollar after the Fed announcement. Investors are hoping that an improved US economy will boost the demand for commodities. Kazakhmys, Vedanta, Evraz, Fresnillo, ENRC, Antofagasta and Anglo American all gain
Read moreLondon midday: Mining stocks celebrate QE3
14th Sep 2012 11:48
- Footsie at six-month high after Fed decision - Mining stocks rocket on stimulus plans - Markets' upside momentum to remain in the weeks ahead, says analyst London's stock market continued to extend gains on Friday morning after last night's announcement of more stimulus in the US, pushed the FTSE
Read moreLondon open: Footsie at six-month high after QE3
14th Sep 2012 08:23
- Stocks soar after last night's QE3 announcement - Fed to buy mortgage debt, maintain Operation Twist - Miners, banks surge early on Stock markets across Europe surged in early trading on Friday following last night's stimulus announcement from the Federal Reserve; increased risk appetite was ben
Read moreLondon close: Stocks down ahead of Fed, employment data divides
12th Sep 2012 16:32
- Ex-div stocks and miners weigh on Footsie - Germany approves ESM - All eyes turn to the Fed - Dutch elections tonight Following a stint in the blue after Germany's decision to approve the Eurozone rescue fund, the Footsie had sunk firmly into the red by the close with ex-dividend stocks and minin
Read moreAmplats suspends operations in South Africa
12th Sep 2012 15:22
Anglo American Platinum, or Amplats, the world's largest primary producer of platinum, has been forced to suspend its operations in South Africa as a wave of labour unrest continues to hit the country's mining industry. Amplats assured that its own employees are not themselves on strike but said th
Read moreLondon close: Footsie shrugs off Burberry fall to finish flat
11th Sep 2012 16:34
- Burberry sinks 21 per cent after profit warning - Markets flat ahead of 'event-risks' - Moody's says US rating at risk Following a morning slump, the FTSE 100 rallied in afternoon trade to finish broadly flat on Tuesday as a strong showing by banks managed to offset a heavy fall from Burberry. T
Read moreFTSE 100 movers: Burberry falls after warning on trading conditions
11th Sep 2012 15:35
British fashion house Burberry plummeted in the opening hour and has remained firmly in the bottom spot after warning that trading conditions were becoming more challenging with like-for-like sales flat in the second quarter. The firm said that ahead of the key retail trading period in the second ha
Read moreLondon midday: New MPC appointee open to more QE?
11th Sep 2012 11:59
- Markets await German ruling on ESM, FOMC meeting - Burberry sinks after full-year guidance - Miners provide a drag London's FTSE 100 index was at its lowest levels of the day by Tuesday lunchtime as Burberry and the miners suffered from a steep sell-off; meanwhile, investors continued to show
Read moreLondon open: Footsie lower as Burberry plummets
11th Sep 2012 08:42
- Markets await German ruling on ESM, FOMC meeting - Burberry sinks after full-year guidance - Miners provide a drag The FTSE 100 opened slightly lower on Tuesday morning as markets gear up for some big 'risk events' later this week; falls in the heavyweight mining sector and a sharp drop from Burb
Read moreBroker snap: QE will drive mining equities, says UBS
10th Sep 2012 10:30
The outlook for the UK mining sector is now improving as expectations for quantitative easing (QE) increase, according to UBS on Monday morning. The sector had tough first half, with the average EBITDA (earnings before interest, tax, depreciation and amortisation) of UK diversified miners fall by o
Read moreSunday newspaper round-up: Xstrata, Heathrow, RBS
9th Sep 2012 16:49
Shareholders have warned directors at Xstrata, the FTSE 100 mining company, that they risk being removed if they block the 56bn pound merger with Glencore. Glencore's final offer ? increased in dramatic circumstances last week after the intervention of Tony Blair, the former prime minister ? will go
Read moreLondon midday: Stimulus hopes increase ahead of ECB meeting
3rd Sep 2012 11:29
- ECB to meet Thursday, all eyes on Draghi - Chinese data disappoints, prompts expectations for stimulus - Glencore/Xstrata merger at risk ahead of vote UK stocks were making strong gains on Monday morning with miners leading the way as investors showed optimism that central bankers will act to boo
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