London midday: Footsie trades sideways
7th Oct 2009 12:06
Footsie has traded sideways all morning with traders cautious after yesterday's surge in share and commodity prices. Predictions of a quiet start on Wall Street have added to the low key mood. Supermarket Sainsbury's is off a few points after a 4.6% rise in like-for-like sales excluding fuel in the
Read moreLondon open: Flat start for Footsie
7th Oct 2009 08:40
London's blue chips are pausing for reflection after yesterday's big gains both here and on Wall Street. Supermarket Sainsbury's is lower despite a 4.6% rise in like for like sales excluding fuel in the quarter to 3 October. Excluding the impact of the VAT cut, like-for-like sales in the quarter, t
Read moreLondon close: Footsie puts on late spurt
5th Oct 2009 17:16
Having been lethargic all day leading shares put on a late spurt in London, after receiving a transatlantic boost in the form of better than expected data from the US services sector. Miners featured prominently among the top performers, helped by bullish comment from Royal Bank of Scotland (RBS).
Read moreLondon afternoon: Footsie eases into the red
5th Oct 2009 13:45
The Footsie dipped into the red over the lunch-time session but it was a very shallow dip, with leading shares mixed and mostly sticking close to overnight levels. Life insurer Aviva is the heaviest faller in the FTSE 100 after it confirmed it is to sell a minority stake in its Dutch insurance bus
Read moreAdmiral launches new US insurance venture
5th Oct 2009 11:06
Admiral has launched its new car insurance operation in the US which will trade under the name of Elephant and will sell insurance to customers via telephone and internet. It will initially trade in Virginia only and start 'modestly', the group said. 'This is a further important milestone in our
Read moreDealings round-up: BlueBay duo cash in
18th Sep 2009 17:26
Two directors of BlueBay today took advantage of the recent tripling in its share price to trim their holdings in the fixed income fund manager. A secondary placing of shares saw Nick Williams, Chief Financial Officer, sell 1m shares and Alex Khein, Chief Operating Officer dispose of 2m shares. Th
Read moreLondon close: Footsie fights back
14th Sep 2009 16:34
After toiling in the red all day, Footsie made a late push into positive territory to close above the 5,000 point mark. Miners were weak spot. Reports over the weekend suggested some commentators are concerned by the amount of speculative money that is flowing into the minerals sector. Meanwhile co
Read moreLondon afternoon: Resource stocks lose favour
14th Sep 2009 14:11
Resource stocks are friendless today as oil and metals prices shift into reverse. Reports over the weekend suggested some commentators are concerned by the amount of speculative money that is flowing into the minerals sector. Meanwhile copper prices have fallen for the fourth day in a row on over-s
Read moreLondon midday: Footsie stuck in the red
14th Sep 2009 12:32
Miners continue to weigh on the leading share index. ENRC and Kazakhmys are lower. Reports over the weekend suggested some commentators are concerned by the amount of speculative money that is flowing into the sector. Cooper prices have fallen for the fourth day in a row. Platinum refiner Johnson
Read moreLondon open: Dull start to week
14th Sep 2009 08:47
Footsie has dipped below 5,000 this morning with miners running into profit taking on talk that the recent metal price rally has run too far. Johnson Matthey, ENRC and Kazakhmys are the worst performers. Reports over the weekend suggested some commentators are concerned by the amount of speculative
Read moreWednesday tips round-up: Aggreko, Persimmon, Admiral
26th Aug 2009 06:41
At the Department of Energy and Climate Change, civil servants are wringing their hands about the looming energy shortage, but at temporary power supplier Aggreko, Rupert Soames, the chief executive, is rubbing his palms in anticipation of windfall profits. Even after the rise, the shares are not to
Read moreLondon close: Footsie rally continues
25th Aug 2009 16:32
After an afternoon of see-sawing between the red and the blue, Footsie finished in positive territory and above the 4,900 point mark, continuing its rally. State-owned lender Royal Bank of Scotland finished with good gains after it said it will cut the level of benefits received by members of its
Read moreLondon afternoon: US data encourages Footsie
25th Aug 2009 15:11
A strong start on Wall Street is keeping London in the blue, just, with investors welcoming a bigger than expected jump in US consumer confidence. The leading index remains on course for a sixth consecutive day of gains after state-owned lender Royal Bank of Scotland said it will cut the level of b
Read moreFTSE 100 movers: Miners weigh on index
25th Aug 2009 14:12
Miners are still leading the blue chip fallers. Kazakhmys, Xstrata, Antofagasta, Eurasian Natural Resources, Rio Tinto, BHP Billiton and Randgold Resources are among the worst in the sector. Royal Bank of Scotland is topping the risers, while Standard Chartered is lower after the FT reported the s
Read moreLondon midday: Footsie still in the red
25th Aug 2009 11:54
Despite threatening to move back into positive territory an hour ago, the Footsie has slid further back down into the red. Miners are still heavily weak with seven out of the top ten losers so far from the sector. Kazakhmys, Xstrata, Antofagasta, Eurasian Natural Resources, Rio Tinto, BHP Billiton
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