London close: Miners and financials lead the way
19th May 2009 16:31
Strength among financial plays and miners guaranteed London gains Tuesday, although it had looked a close call following a weak start on Wall Street. A near-13% slump in US housing starts in April proved a drag mid-afternoon before US stocks regained their poise and moved higher. Anglo American fi
Read moreTechnical Analysis: Miners start to slip back
14th May 2009 13:45
The continued rise of commodity prices have served to underpin the mining sector over the past few months and seen the prices of some mining stocks double. There is a concern that commodity prices may have peaked in the near term, as we have seen both the Reuters CRB Index and Goldman Sachs Commod
Read moreLondon midday: Shares tread water
14th May 2009 11:54
It is back to square one for London's blue-chips, with gains on banks and miners cancelled out by losses on oils and telecoms giant BT. Banks suffered some profit taking earlier in the week but are bouncing back, helped by a research note on the sector from Morgan Stanley. The US investment bank ha
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