FTSE 100 movers: Oil and metals stocks edge rise higher
13th May 2011 15:34
Commodity price-sensitive stocks were wanted today, as the prices of precious metals and oil recovered from the recent sell-off. Oil services group Petrofac is higher after saying it is "increasingly confident" that it will deliver profit growth in line with previous guidance after a strong perform
Read moreLondon close: Late rally helped by the US
6th May 2011 16:41
The Footsie finished over 1% higher as an afternoon rally was helped by some better-than-expected US non-farm payrolls figures. According to the Bureau of Labor Statistics, non-farm payrolls rose by 244,000 in the month of April, while consensus had been pointing to a gain of 198,000. Banking gian
Read moreFTSE 100 movers: IAG tops the risers
26th Apr 2011 14:31
Airline IAG, luxury brand Burberry and chip giant ARM are the best performing blue chips. Rio Tinto is edging higher after coming to an agreement with the government of Guinea, paving the way for work to begin on the Simandou iron ore project in the southern part of the country. Meanwhile, sector
Read moreLondon close: Flat finish for FTSE 100
21st Apr 2011 16:53
Shares calmed down at the end of a volatile week, though there were some interesting company updates for traders to get their teeth into ahead of the Easter break. Data search software firm Autonomy stormed ahead after releasing full-year figures in the afternoon. It posted record earnings in the f
Read moreFTSE 100 movers: Autonomy tops risers on record earnings
21st Apr 2011 13:23
Data search software firm Autonomy is topping the risers after it posted record earnings in the first quarter as it benefitted from the increasing popularity of cloud computing, a means of storing data remotely. Retail giant Next is wanted after UBS hiked up its forecasts on a better margin outloo
Read moreLondon midday: FTSE 100 seeking direction
21st Apr 2011 12:03
Shares have paused for breath following sharp jump yesterday. William Hill raced ahead after the bookmaker reported good growth in its retail and online operations in the 13 weeks to 29 March. Total revenues were up by 11% from the same period a year ago, with retail seeing an 8% rise and online r
Read moreLondon open: Rally continues after Wall Street surge
21st Apr 2011 08:37
Another stonking performance by US stocks overnight has sent shares higher still, with this morning's company updates also sparking buying interest. William Hill raced ahead after the bookmaker reported good growth in its retail and online operations in the 13 weeks to 29 March. Total revenues were
Read moreSoggy quarter for Anglo American
21st Apr 2011 07:15
It was a soggy first quarter for mining giant Anglo American which saw rainfall hinder production of iron ore, metallurgical coal and copper, though output of platinum, nickel, thermal coal and diamonds increased. Copper production decreased by 14% to 138,800 tonnes, mainly due to abnormally high r
Read moreLondon pre-open: Wall Street provides tailwinds
21st Apr 2011 06:59
Another stonking performance by Wall Street overnight means the revival in London looks set to continue, with City traders tipping the top share index will crash through the 6,000 barrier and open around 36 points higher at 6,058. Strong trading in the nine weeks to 27 March leave Sports Direct con
Read moreFTSE 100 movers: Burberry tops the risers
19th Apr 2011 13:48
Luxury fashion brand Burberry is the best performing blue chip after announcing that it expects profits for the financial year to March 31 to be at the top end of expectations after a strong performance in the final few months. Miners Fresnillo, Anglo American, Lonmin, Xstrata, BHP Billiton and Ve
Read moreSector movers: Falling metals prices pressures mining sector lower
12th Apr 2011 14:18
The miners are on the decline Tuesday, helped lower by the falling metals prices. Copper and gold futures have fallen as the escalating crisis in Japan has bought about concerns over demand. Mining titans Kazakhmys, Eurasian Natural Resources Corp, Anglo American, Antofagasta and Fresnillo are all
Read moreFTSE 100 movers: Miners lead the decline
12th Apr 2011 13:54
Falling metals prices in response to escalating problems in Japan have pressured miners lower. Kazakhmys, Eurasian Natural Resources Corp, Anglo American, Antofagasta and Fresnillo are all losing 3% or more. Meanwhile, airline IAG and cruise operator Carnival are among the best performers, helped
Read moreLondon close: Miners drive FTSE 100 rally
8th Apr 2011 16:44
Stocks went into the weekend on the front foot as higher commodity prices drove miners forward. Shares in Fresnillo, which mines for silver in Mexico, went well as the precious metal hit $40 an ounce for the first time since 1980, but was leapfrogged by more mainstream miners such as Anglo American
Read moreSector movers: Miners roar ahead as metals advance
8th Apr 2011 13:53
High commodity prices are sending stocks in both directions today. The mining sector has marched ahead as metals prices advance. Shares in Fresnillo, which mines for silver in Mexico, are the best performing in the FTSE 100. Silver hit $40 an ounce for the first time since 1980, while gold prices
Read moreFTSE 100 movers: Miners dominate risers
8th Apr 2011 13:32
Surging commodity prices have helped the miners dominate the FTSE 100 risers, with seven out of top ten best performers coming from the sector. Shares in Fresnillo, which mines for silver in Mexico, are higher after silver hit $40 an ounce for the first time since 1980, while gold prices have hit r
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