FTSE 100 movers: supermarkets, tobacco and mining stocks rebound
3rd Jun 2015 13:24
UK stocks were trading higher on Wednesday afternoon, led by gains in the construction, food retail and engineering sectors. As of 14:30 BST, the FTSE 100 was trading 0.46% points higher at 6,960. Morrisons and Sainsbury extended gains, following Tuesday's positive sentiment from Kantar Worldpanel,
Read moreWednesday broker round-up
3rd Jun 2015 08:41
Tesco: JP Morgan retains underweight, lowers price target to 175p from 185p. Amec Foster Wheeler: JP Morgan maintains overweight and 905p target. Bellway: JP Morgan raises target to 2,575p from 1,150p and reiterates overweight. Barratt Developments: JP Morgan lifts target to 650p from 550p and ove
Read moreFTSE 100 movers: British American Tobacco fizzles, metals miners strong
2nd Jun 2015 14:00
London stocks dipped on Tuesday afternoon, as investors kept a close eye on developments in Greece and tobacco, property and utility stocks dragged. As of 15:00 BST, the FTSE 100 was trading 0.33% lower at 6,930.47 British American Tobacco topped the fallers after a class-action lawsuit in Canadafo
Read moreFTSE 100 movers: Lloyds declines as state investment vehicle lowers stake, miners lower
1st Jun 2015 13:49
UK shares were trading lower on Monday afternoon, ahead of a raft of US economic data, as weakness in mining, oil and insurance stocks outweighed gains made in the real estate, travel and electronics sectors. As of 15:30 BST, the FTSE 100 was trading 0.23% lower at 6,988. Lloyds registered losses a
Read moreSector Movers: Miners, foods retailers send London market lower
29th May 2015 15:47
London market slipped back into the red on Friday trading, with miners and food retailers bearing the brunt of the selloff. The FTSE 100 came in at 6984.43 down 0.80% or 56.49 points, as traders indulged in an end of the week profit taking spree as Thursday's gainers in the shape of bankable tobacco
Read moreAnglo American announces management changes in South Africa
28th May 2015 12:35
Anglo American announced changes to its leadership structure in South Africa following a detailed governance review. The company said it expects the changes to bring greater effectiveness and alignment across the group's diversified mining businesses in South Africa. The changes, which take effect
Read moreLondon close: FTSE plunges 1.2% as winning streak ends on Greek fears
26th May 2015 16:35
Heavy losses in the mining, banking and sectors weighed heavily on UK stock markets on Tuesday, as uncertainty in Greece and mixed economic data from the States hammered risk appetite among investors. The FTSE 100, which had been trading with moderate losses for most of the day, experienced a sell-o
Read moreSunday newspaper round-up: Vodafone, National Grid, bank legal claims
24th May 2015 16:21
Several of Vodafone's major shareholders have urged the telecoms giant to pursue a merger with US-based Virgin Media owner Liberty Global and offload some of its overseas businesses. After Liberty's owner, US billionaire John Malone, dropped heavy hints about a potential deal, the Sunday Telegraph r
Read moreSector movers: Mining shares, Vodafone chatter edge FTSE 100 towards record high
22nd May 2015 13:46
Mining and telecommunications shares, with the latter led by Vodafone, edged the FTSE 100 towards a record high on Friday. With the weekend closing bell in sight, at 16:15 BST, the blue chip index was up 0.55% or 38.24 points at a fresh record high of 7051.71. Chatter over Vodafone's possible merger
Read moreFTSE 100 movers: Vodafone surges on continued merger speculation, miners higher
22nd May 2015 12:51
UK stocks were buoyed on Friday by higher commodity prices and data revealing the US had remained in deflation last month. Sector-wise gains made by miners, engineers and telecoms stocks outweighed weakness in technology and travel stocks. At 14:00 BST, the FTSE 100 was trading 37 points higher at 7
Read moreFTSE 100 movers: miners and oil stocks dominate fallers, ITV rebounds
15th May 2015 12:28
The UK blue chip index retreated on Friday as a calmer bond market and favourable British construction data was overpowered by a weaker commodities market. Sector-wise, oil and industrial metal stocks provided the biggest drag on the FTSE, dwarfing the boost provided by real estate and travel. At 3:
Read moreSector movers: Natural resources stocks weigh
15th May 2015 11:43
London-listed natural resources related stocks took another knock on Friday, as the Chinese economy continued to send mixed signals, Greece weighed on sentiment, and oversupply in the oil markets returned to hound trading. At 15:00 BST, the FTSE 100 was marginally in the red by 0.27% or 18.53 points
Read moreFTSE 100 movers: ITV hit by strike and stiff BBC competition, miners lower
14th May 2015 12:56
UK stocks rebounded from early losses, but remained restrained by concerns of Greek instability. Sector wise, miners and technology services provided the biggest drag, while insurers and utilities gave a welcome boost. At 1:45 BST, the FTSE 100 was trading 12 points higher at 6,962. ITV declined a
Read moreWednesday broker round-up
13th May 2015 13:13
BHP Billiton: Credit Suisse reiterates underperform and 1,400p target, UBS stays at buy with 1,625p target. Experian: Nomura reiterates buy and nudges target higher to 1,265p from 1,230p, Exane BNP keeps at neutral with 1,200p target. Talk Talk: UBS hikes target to 350p from 300p and reiterates neu
Read moreLondon close: Stocks erase gains despite Greek repayment, China rate cut
11th May 2015 16:40
After a positive start, UK stocks dropped into the red by the close on Monday despite positive news emanating from Greece, which has come good on its debt repayment to the International Monetary Fund (IMF). The FTSE 100 retreated 0.24% to 7,029.85 by the end of the session, having risen as high as 7
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