London close: Markets trim losses to finish flat
13th Sep 2013 16:34
The FTSE 100 trimmed losses on Friday afternoon but markets still finished broadly flat as traders scaled back risk appetite ahead of the weekend with the focus now turning to the Federal Reserve meeting next week. London's benchmark index closed down just 5.18 points at 6,583.80, pulling back slig
Read moreFTSE 100 movers: ITV, Tate & Lyle, Reckitt Benckiser
13th Sep 2013 14:14
ITV was the top riser after Nomura raised its target price from 170p to 200p and reiterated a 'buy' rating for the stock. The broker said that a continuing improvement in the UK economic outlook prompted it to raise its ad forecasts for 2013 and 2014. Tate & Lyle jumped after analysts at Berenberg
Read moreLondon midday: Markets turn lower ahead of Fed, Syria developments
13th Sep 2013 11:58
The FTSE 100 was trading slightly lower on Friday morning, pulling back from yesterday's close of 6,586.08 - its highest closing level since August 13th - as investors await the Federal Reserve policy meeting next week and continue to digest developments in Syria. The heavyweight mining sector was p
Read moreLondon open: Miners pull FTSE 100 back from one-month high
13th Sep 2013 08:38
The FTSE 100 dipped lower on Friday morning with the heavyweight mining sector providing a drag as metals´ prices weakened across the board. London's benchmark index opened with slight losses early on, pulling back from yesterday's close of 6,586.08 - its highest closing level since August 13th - a
Read moreLondon open: Stocks rise on Syria developments, China data
10th Sep 2013 08:39
Stocks jumped strongly on Tuesday morning following a decent finish on Wall Street the night before on the back of easing concerns about a potential US strike on Syria. US benchmarks rose by an average 1% on Monday after Russian Foreign Minister Sergei Lavrov urged Syria to place any chemical weapo
Read moreLondon midday: Markets rangebound ahead of US jobs report
6th Sep 2013 11:29
The FTSE 100 was rangebound on Friday morning as traders scaled back their appetite for risk ahead of the US jobs report due out this afternoon. London's benchmark index was trading far off Thursday's close of 6,532.4 with just 21 points separating its intraday low (6,520) and high (6,541). "We'r
Read moreLondon open: Stocks fall as investors await US non-farm payrolls
6th Sep 2013 08:23
Stocks opened broadly lower on Friday morning with investors refraining from building positions ahead of the all-important US jobs report due out this afternoon, seen as a deciding factor in the Federal Reserve's impending withdrawal of stimulus. US data released Thursday threw more weight behind t
Read moreLondon close: Markets jump on data, Syria delays
2nd Sep 2013 17:02
UK investors took advantage of low volumes on Monday to push the FTSE 100 nearly 1.5 per cent higher, with impressive manufacturing data and delays to potential action on Syria prompting a bullish mood. "After posting four negative weeks in succession today's market moves on the UK benchmark index
Read moreFTSE 100 movers: Mining companies gain on rise in commodities
2nd Sep 2013 14:45
Mining company stocks, including Rio Tinto and Anglo American, surged as commodity prices rose and as reports showed manufacturing expanded in China, the Eurozone and the UK. Aberdeen Asset Management rallied after Numis Securities reiterated a 'buy' rating for the company's stock. WPP continued t
Read moreLondon midday: Stocks jump after strong manufacturing data
2nd Sep 2013 11:19
Strong manufacturing data from both the UK and China helped lift stock markets on Monday morning while concerns over a potential military strike against Syria eased. London's FTSE 100 was registering triple-digit gains by lunchtime, with the index trading a level not since August 15th. Manufactur
Read moreLondon open: Chinese PMI boosts miners, Vodafone jumps on Verizon talks
2nd Sep 2013 08:24
Delays to a potential military strike against Syria and some better-than-expected economic data from China gave stock markets a big boost in early trading on Monday. China's official manufacturing purchasing managers' index (PMI) rose to the 51.0 point mark in August, according to the National Bure
Read moreLondon close: Markets extend losses after poor US data
30th Aug 2013 16:45
Moderate losses in early trading on Friday turned into a steep sell-off by the close as markets ended August in a cautious mood following a choppy week. A series of closely-watched economic indicators from the States prompted a negative reaction this afternoon, causing a weak start on Wall Street a
Read moreFTSE 100 movers: G4S continues impressive rebound
30th Aug 2013 14:24
Security solutions group G4S was extending gains made earlier this week when it announced plans to sell assets to reduce its debt pile and issue new shares to help strengthen its balance sheet. G4S has gained by nearly 15 per cent over the last month alone and has now erased all of the losses experi
Read moreLondon midday: Stocks fall as investors await developments in Syria
30th Aug 2013 11:41
Markets were showing moderate losses on Friday morning, pulling back after yesterday's strong gains as concerns about a potential Western military strike in Syria eased slightly. Worries about an imminent intervention in Syria receded yesterday after UK Prime Minister David Cameron lost an initial
Read moreLondon open: Stocks edge lower, Syria and Fed taper in focus
30th Aug 2013 08:33
The FTSE 100 opened slightly lower on Friday morning after yesterday's strong gains as investors continue to await further developments in Syria and speculate about the future of US stimulus. Cautiousness ahead of a three-day weekend in the States could also be having an effect on risk appetite thi
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