FTSE 100 movers: Bunzl dips on slower growth, miners extend losses
23rd Jun 2015 13:28
London markets continued to rebound on Tuesday, as better-than-expected economic data, positive broker sentiment and renewed optimism on Greek negotiations buoyed stocks. As of 14:15 BST, the FTSE 100 was trading 0.3% higher at 6,846. Distribution and outsourcing business Bunzl disappointed with a
Read moreTuesday broker round-up
23rd Jun 2015 08:03
Acacia Mining: Morgan Stanley keeps at equalweight, raises target to 285p from 251p. BHP Billiton: Morgan Stanley stays at equalweight and lifts target to 1,250p from1,150p. Anglo American: Morgan Stanley reiterates underweight and lowers target to 850p from 920p. Antofagasta: Morgan Stanley still
Read moreFTSE 100 movers: Sky soars on takeover rumours, miners lower
22nd Jun 2015 13:31
London markets rebounded on Monday, buoyed by hopes of a short-term funding deal for Greece and strength in the construction, telecommunications and real estate sectors. As of 2:30 BST, the FTSE 100 was trading 1.39% higher at 6,804. Sky was in demand on rumours that the Murdoch family may be consi
Read moreSector movers: Miners retreat as London market just about stays in positive territory
19th Jun 2015 16:18
Greece continued to hound investor sentiment on Friday with mining stocks in general retreat, as the London market just about remained on positive ground. The blue chip FTSE 100 index closed up a mere 2.57 points or 0.04% at 6,710.45 with miners in general retreat from the previous session's high. W
Read moreLondon open: Stocks shrug off Greek woes, Hikma and COLT surge
19th Jun 2015 08:29
UK stocks edged higher on Friday morning despite a bleak outcome to the Eurogroup meeting, as finance minsters failed to come up with proposals to solve the Greek debt crisis. However, given that expectations were low going into Thursday's meeting, disappointment may have already been priced in, ana
Read moreLondon close: Stocks end on back foot on Greek debt woes
12th Jun 2015 17:09
The UK stock market ended on the back foot on Friday as concerns about ongoing Greek debt talks continued to weigh on investor sentiment. The FTSE 100 was down 0.90% at 6,786 at the close after the International Monetary Fund's technical team quit discussions due to a lack of progress from Athens.
Read moreFTSE 100 movers: Royal Mail rebounds, oil and gas stocks lower
12th Jun 2015 13:49
UK stocks declined on Friday, led by ongoing Greed debt concerns and weakness in the industrial metals, construction and engineering sectors. As of 15:00 BST, the FTSE 100 was trading 0.84% lower at 6,789. Royal Mail rebounded from Thursday's losses, which came as the Treasury offloaded half of its
Read moreFTSE 100 movers: Supermarkets and miners surge, Weir Group lower on profit warning
10th Jun 2015 13:25
Tesco surged on reports it has invited at least six firms including KKR and Carlyle Group to bid for its South Korean unit Homeplus, which is valued at about $6bn. According to people familiar with the matter cited by Reuters, London-based CVC Capital Partners, Hong Kong-based Affinity Equity Partne
Read moreLondon close: Stocks shake off worries, close off lows
9th Jun 2015 16:38
London stocks managed to finish the session above their worst levels of the day as Wall Street fought to break a three day losing streak, although worries regarding the situation in Greece and the recent selling in German sovereign debt markets continued to weigh on sentiment. The Footsie ended the
Read moreSocGen sees more excess capacity in iron-ore, miners down
9th Jun 2015 13:42
Societe Generale lowered its iron ore price estimate for the period between 2015 and 2018 "conservatively" to $55 per metric tonne and to $70 per metric tonne thereafter. That was roughly $20 per metric tonne below its previous estimates. On the back of the reduction, which is motivated by cost red
Read moreFTSE 100 movers: HSBC dips on cuts and closures, miners lower
9th Jun 2015 13:17
UK stocks were slightly lower on Tuesday, as fragile negotiations between Greece and its creditors weighed on investors' risk appetites. Sector-wise, industrial metals, oil and telecommunications stocks provided the biggest drag. As of 14:30 BST, the FTSE 100 was trading 0.16% lower at 6,779. HSBC
Read moreSector movers: Mining, materials stocks hammered as London ends lower
9th Jun 2015 10:26
Mining and materials stocks led the London market lower on Tuesday, with Greece still hounding investor sentiment. The blue chip FTSE 100 closed 0.53% or 36.24 points lower at 6753.80, as Chinese data hammered the mining sector since the commencement of proceedings fairly early on in the session. A
Read moreFTSE 100 movers: Diageo surges on bid speculation, miners lower
8th Jun 2015 13:49
UK stocks were trading slightly higher on Monday, led by strength in the telecommunications, construction and transport sectors. As of 15:15 BST, the FTSE 100 was trading 0.17% higher at 8,816. Diageo led the risers following media reports of bid interest over the weekend. 3G Capital, which is owne
Read moreFTSE 100 movers: Supermarkets lower, oil and mining stocks surge
5th Jun 2015 12:57
UK stocks were trading firmly in the red on Friday, as Greece missed the deadline for its €300m payment and OPEC decided against curbing oil production. Sector-wise, gains made by oil stocks and miners were offset by weakness across construction and food retailer stocks. As of 14:00 BST, the FTSE 1
Read moreFTSE 100 movers: Kingfisher surges on upgrade, miners and oil stocks lower
4th Jun 2015 13:16
UK stocks dipped on Thursday afternoon amid mixed messages coming out about progress in Greece and volatile sovereign debt markets. Sector-wise, miners, utilities and transport stocks provided the biggest drag, offsetting decent performances from retailers and property stocks. As of 14:30 BST, the
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