London close: Stocks end higher after choppy session
28th Mar 2014 16:59
- FTSE ends session up 27.26 at 6,615.58 - Insurance slide, miners climb - UK Q4 current account deficit bigger than expected techMARK 2,762.30 -0.03% FTSE 100 6,615.58 +0.41% FTSE 250 16,181.71 -0.13% The week ended on a positive note for UK stocks as they tracked gains seen Stateside and a posit
Read moreFTSE 100 movers: Insurers and miners at polar ends of index
28th Mar 2014 14:45
Insurance groups were hit by the news the FCA is planning to look into 30m insurance policies sold between the 1970s and 2000 on the back of concerns that they may have contained 'unfair' terms continue to push insurance companies sharply lower. The policies are reportedly worth 150bn pounds. The
Read moreLondon midday: Markets erase gains as insurance stocks tank
28th Mar 2014 12:02
- Insurers drop sharply on FCA investigation reports - Miners edge higher - Chinese Premier hints at more stimulus techMARK 2,767.34 +0.16% FTSE 100 6,590.41 +0.03% FTSE 250 16,181.96 -0.12% The FTSE 100 was trading more or less flat by Friday lunchtime after erasing earlier gains as heavy losses
Read moreLondon open: Miners rise on Chinese stimulus hopes, insurers drop
28th Mar 2014 08:34
- Miners rise on Chinese stimulus hopes - Li Keqiang hints at possible easing - Insurers fall on FCA investigation techMARK 2,779.04 +0.58% FTSE 100 6,621.74 +0.51% FTSE 250 16,239.90 +0.23% UK stocks were making decent gains on Friday morning after a positive session in Asia overnight as comments
Read moreThursday broker round-up UPDATE
27th Mar 2014 09:02
Aberdeen Asset Management: Credit Suisse reduces target price from 470p to 415p maintaining a neutral rating. Acta: Cantor Fitzgerald reinstates with a target price of 13p (prev.: 16p) and a buy recommendation. African Minerals: Jefferies cuts target price from 300p to 250p and retains a buy recom
Read moreLondon open: Stocks track losses on Wall Street
27th Mar 2014 08:30
- FTSE 100 pulls back from two-week high - Babcock drops after acquisition, Tullow disappoints - Utilities fall after Ofgem report - UK and US data on tap today techMARK 2,770.54 -0.44% FTSE 100 6,567.22 -0.58% FTSE 250 16,203.40 -0.30% Falls from Babcock, Tullow Oil and utility stocks were weighi
Read moreLondon close: Stimulus hopes drive FTSE higher
25th Mar 2014 16:59
- FTSE closes up 84.50 at 6,604.89 - UK CPI falls to 52-month low - UK house price gains accelerate - Kingfisher leads gains techMARK 2,773.82 +0.72% FTSE 100 6,604.89 +1.30% FTSE 250 16,153.13 +0.83% It was a strong finish for the City today on the back of upbeat performances by a number of UK s
Read moreFTSE 100 movers: Kingfishers climbs on cash return plans
25th Mar 2014 15:21
Kingfisher, Europe's largest home improvement retailer, rose strongly after it said it would return 200m pounds to shareholders this year and expand into new markets after profits improved by a tenth in the 12 months ended February 1st. The company, which owns B&Q and Screwfix in the UK, said it wou
Read moreSouth African mining strike costs commodity producers almost 1bn dollars
25th Mar 2014 14:49
A nine-week long mining strike in South Africa has cost the industry almost 1bn dollars. Mining workers at Anglo American Platinum, Lonmin, and Impala Platinum want their pay to be doubled but the companies say they are unable to afford to meet the demands. "Mines and shafts are becoming unviable
Read moreSector movers: Miners gain on Chinese stimulus hopes, Anglo rises
25th Mar 2014 13:58
Mining stocks were the best performers on Tuesday as risk appetite returned to the market on the back of stimulus hopes in China, the world's largest consumer of metals. Investors are hoping that any measures to boost growth by Chinese policymakers will help to support commodity prices, which have
Read moreLondon midday: Stocks rebound from seven-week low as blue chips jump
25th Mar 2014 11:35
- Kingfisher, easyJet, Wolseley, RSA, Anglo rise strongly - Royal Mail falls after job cut plans - Miners rise on Chinese stimulus hopes - Economic data, Ukraine in focus techMARK 2,775.13 +0.77% FTSE 100 6,597.81 +1.19% FTSE 250 16,115.48 +0.60% Strong gains from a number of blue chips gave UK ma
Read moreAnglo American halts Los Bronces operations amid violent protests
25th Mar 2014 10:12
Anglo American's share price was trading higher on Tuesday despite the news that the mining giant has halted operations at its Los Bronces copper project in Chile due to violent protests by workers. The company said on Monday it had taken the action to suspend mining to guarantee the safety of its
Read moreLondon pre-open: Russia and China concerns to weigh FTSE down
24th Mar 2014 07:23
UK stocks are set to be weighed down by the building geopolital tensions in western Europe and as the latest data out of China disappointed yet again. City sources predict the FTSE 100 will open around 40 points lower than Friday's close of 6,557.1. Data revealed the flash Markit/HSBC Purchasing M
Read moreAnglo American's HR Director steps down
24th Mar 2014 07:07
Anglo American's Group Director of Human Resources and Corporate Affairs has decided to step down. Mervyn Walker will retire on June 30th after six years in the role. The group said a successor will be announced in due course. "The completion of our new organisational structure, providing the pl
Read moreLondon close: Positive finish to week as miners charge higher
21st Mar 2014 16:59
- FTSE closes up 15 points at 6,557 - Feb UK public sector borrowing slightly ahead of forecasts - Eurozone consumer confidence higher than expected techMARK 2,790.85 -0.34% FTSE 100 6,557.17 +0.23% FTSE 250 16,160.11 -0.35% The City ended the week on a positive note, with mining stocks providing
Read more