London midday: Shares slide amid euro concerns
26th Nov 2010 12:01
The leading share index's losses are almost in the triple-digits now as worries over the euro-debt crisis persist. Portugal's insistence that it is not under pressure to follow Ireland in accepting a bail-out failed to reassure investors. Bond yields in Portugal and other debt-plagued eurozone coun
Read moreLondon close: Strong gains near the close
25th Nov 2010 16:48
Footsie closed the day healthily in the blue as investors got excited about shopping centre owners and other property groups. Capital Shopping Centres Group (CSC), the shopping centre arm of what used to be Liberty International, raced ahead after it put pen to paper to purchase Manchester's Traffo
Read moreLondon afternoon: US interest in Capital Shopping
25th Nov 2010 14:15
Footsie is more or less back to where it started the day after a quiet lunch time session, though investors continue to be excited about shopping centre owners. Capital Shopping Centres Group (CSC), the shopping centre arm of what used to be Liberty International, has raced ahead after it put pen t
Read moreLondon midday: Footsie sluggish despite updates
25th Nov 2010 12:05
Footsie is in sluggish mode, and may remain so given that the US is closed for Thanksgiving, but there is plenty of company news for traders to digest. Capital Shopping Centres Group, the shopping centre arm of what used to be Liberty International, has raced ahead after it put pen to paper to purc
Read moreAntofagasta sales soar after copper rally
25th Nov 2010 11:01
Profits soared at the Chile-focused copper miner Antofagasta in the nine months to September 30 as prices for the red metal recovered from the economic crisis. Earnings before interest, tax, depreciation and amortization (EBITDA) jumped to $1.96bn (£1.24bn) on revenues that climbed to $3.17bn from
Read moreLondon close: Miners get a hammering
23rd Nov 2010 16:57
Footsie staved off a triple-digit fall by less than half a point as worries over the situation in Korea and the prospect of other European countries joining Ireland in the queue for a bail-out nagged away at investors all day. Asia-focused bank Standard Chartered was hit by worries over the exch
Read moreLondon afternoon: TUI bid rumour revived
23rd Nov 2010 14:11
With the Dow Jones index expected to register a triple-digit fall when Wall Street opens, sentiment in London has dipped further. Fears of debt contagion in the euro-zone are pushing the banks down, with Barclays, Standard Chartered and Lloyds Banking the hardest hit. Royal Bank of Scotland defies
Read moreFTSE 100 movers: TUI Travel bucks trend
23rd Nov 2010 12:25
Worries about European debt and tension in Korea have hit banks and miners but TUI Travel is bucking the trend. TUI Travel is the best performer for the second day running. There are rumours that 55% shareholder TUI AG wants to increase its stake. Aero-engine maker Rolls-Royce got a lift from ne
Read moreLondon midday: Tough morning for blue chips
23rd Nov 2010 11:48
Blue chips have had a difficult morning with the twin concerns of a serious outbreak of fighting in Korea and Irish bail-out worries knocking sentiment. Fears of debt contagion are pushing the banks down, with Barclays, Standard Chartered and Lloyds Banking the hardest hit. Royal Bank of Scotland
Read moreLondon open: Korea and Ireland sink markets
23rd Nov 2010 08:50
Renewed hostilities between North and South Korea and fears that the euro-crisis will spread beyond Ireland have made for a poor start on markets across Europe. Economists are lining up up to say the bail-out proposed for Ireland won't be enough to save the eurozone, while North Korea shelling a So
Read moreLondon close: Battering for miners and banks
16th Nov 2010 17:08
It was downhill almost all the way for Footsie in the afternoon session after the US opened sharply lower, with miners getting a real bashing on the prospect of a slow-down in the Chinese economy. No less an authority than star fund manager Anthony Bolton raised the prospect today, in the first set
Read moreSector movers: Vectura lifts pharma stocks after study
16th Nov 2010 14:17
Respiratory inhaler developer Vectura is among the stocks lifting the pharmaceutical sector after positive data from a Phase II clinical study of a treatment for Parkinson's disease. Vectura said the results of its study show that the Parkinson's treatment VR040 improves the control of movement in
Read moreLondon afternoon: Gloomy miners
16th Nov 2010 14:10
Footsie retreated further over the lunch time session with mining stocks largely responsible for the decline, as metal prices pull back on fears that China will act to cool down its economy in the interests of reining in inflation. Antofagasta, Kazakhymys, Fresnillo, Xstrata and Rio Tinto are t
Read moreFTSE 100 movers: Miners fall back
16th Nov 2010 14:02
Miners and financials are falling because of concerns about the European economy. Antofagasta, Kazakhymys, Fresnillo, Rio Tinto and Xstrata are the big fallers in the mining sector as metals prices decline. Hedge fund manager Man Group is the worst performing financial. Packaging group Rexam
Read moreLondon midday: Battering for blue chips
16th Nov 2010 12:16
Footsie is deep in the mire after the late swoon on Wall Street last night and concerns over the health of the entire eurozone. Miners have tanked with metals prices, while banks are still edgy over the sovereign debt situation in Ireland. Kazakhymys, Fresnillo, Xstrata, Anglo American and Antofa
Read more