London midday: Markets shrug off UK growth as earnings disappoint
25th Jul 2013 12:07
An expected pick-up in UK economic growth in the second quarter wasn't enough to lift London's FTSE 100 into positive territory on Thursday morning as markets reacted to a series of disappointing results from a number of blue-chip firms. Capita, BT Group, Unilever and Johnson Matthey were all tradi
Read moreLondon open: Markets fall ahead of busy day for economic data
25th Jul 2013 08:29
Markets opened lower on Thursday morning as investors digested a raft of economic data and looked ahead to a series of key economic indicators due for release later on. The IFO survey on the business climate in Germany during July is due out this morning, along with the first estimate of second-qua
Read moreLondon close: Gains erased after US data misses forecasts
23rd Jul 2013 16:28
Worse-than-expected economic data from the US saw markets across Europe erase their earlier gains on Tuesday, as the FTSE 100 fell into the red despite a strong performance in the mining sector.. Home prices in the States continued to increase in May but at a worse-than-expected rate: the Federal H
Read moreSector movers: Hopes over Chinese growth drive mining stocks higher
23rd Jul 2013 15:00
Stocks in the mining sectors were shrugging off falls in metals prices on Tuesday with share prices surging as markets focused on upbeat comments from government officials in China, a huge importer of raw materials. Chinese Premier Li Keqiang is reported to have stood by the government target for e
Read moreFTSE 100 movers: Miners jump; Tullow sinks after well update
23rd Jul 2013 14:44
Mining stocks were among the best performing stocks on Tuesday as concerns over a 'hard landing' in China were eased by comments from the Premier and his second in command. Chinese Premier Li Keqiang is reported to have stood by the government target for economic growth of 7.5% in 2013 and assured
Read moreLondon midday: FTSE 100 lifted by Sage, mining stocks
23rd Jul 2013 11:38
A well-received trading update from Sage Group and strong gains in the mining sector lifted the FTSE 100 into positive territory on Tuesday morning, with sentiment lifted by reassuring comments about Chinese economic growth. Chinese Premier Li Keqiang is reported to have stood by the government ta
Read moreLondon open: Miners jump on hopes over Chinese growth
23rd Jul 2013 08:17
Fading hopes of a 'hard landing' in China lifted stocks in the heavyweight mining sector on Tuesday, meaning that the FTSE 100 opened with solid gains early on. Chinese Premier Li Keqiang assured that economic growth would not fall below the bottom line this year of 7.0%. He called for the governme
Read moreLondon open: Stocks fall after gloomy figures from Microsoft, Google
19th Jul 2013 08:13
The FTSE 100 pulled back from a seven-week high on Friday morning after disappointing results from some Wall Street heavyweights last night. London's benchmark index closed at 6,634 on Thursday; the last time the index finished higher was on May 30th when it closed at 6,657. Both the S&P 500 and
Read moreFriday tips round-up: LSE, Anglo American, PepsiCo
19th Jul 2013 06:47
London Stock Exchange's shares are up 46 per cent this year, sitting at a five year high, The Telegraph's Questor noted. The share-price performance reflects the success the company has had in repositioning across the financial market. The company beat expectations on Thursday in its first quarter r
Read moreLondon midday: Stocks higher after UK retail sales, Bernanke
18th Jul 2013 11:35
An improvement in UK retail sales and comments from Ben Bernanke were lifting markets higher on Thursday morning, with London Stock Exchange leading the risers on the FTSE 100 after a strong first-quarter update. UK retail sales increased in June as shoppers snapped up discounted goods in departmen
Read moreLondon open: Stocks extend gains on Bernanke comments, LSE rises
18th Jul 2013 08:30
Markets opened in positive territory on Thursday morning as investors continued to digest comments by Federal Reserve Chairman Ben Bernanke last night. He said that the Fed's $85bn-a-month asset purchase programme is "by no means on a pre-set course", saying that it very much depends on the econom
Read moreLondon pre-open: Small losses expected early on
18th Jul 2013 07:26
Stocks are expected to slip slightly when trading starts on Thursday morning, pulling back after gains made the day before as investors continue to digest comments made by Federal Reserve Chairman Ben Bernanke in his semi-annual testimony to Congress. City sources predict the FTSE 100 will open dow
Read moreAnglo American reports mixed Q2 production
18th Jul 2013 07:13
Anglo American, one of the world's largest mining groups, reported mixed production results in the second quarter as increases to copper, platinum and diamond output were offset by declines in iron ore, coal and nickel. The company said that in the three months to the end of June, spending on explo
Read moreLondon close: Stocks rally after Bernanke comments on QE
17th Jul 2013 16:58
Markets rallied on Wednesday afternoon following comments from Federal Reserve Chairman Ben Bernanke who said that quantitative easing (QE) is 'by no means on a pre-set course' and still depends on how the economic recovery plays out. "For markets, that's good news as the US economic recovery, thou
Read moreSector movers: BHP and Hochschild give miners a boost
17th Jul 2013 15:22
Rising metals prices and well-received production updates from BHP Billiton and Hochschild Mining were boosting mining stocks on Wednesday. BHP Billiton, the largest resources company in the world, pleased the market with its output report for the year ended June 30th, saying that it saw a strong p
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