London midday: Footsie stays ahead
11th Sep 2009 12:08
Footsie remains on the front foot, with miners still in the driving seat. Silver miner Fresnillo, copper group Antofagasta and platinum specialist Lonmin are among the best performers today. British Airways continues its recent ascent. The airline's shares are up again today making a near 20% rise
Read moreLondon open: Footsie opens strongly
11th Sep 2009 08:44
London's blue chips opened comfortably higher with buyers encouraged by indices in the US hitting new highs for the year. Miners remain the driving force behind the London market's recent surge. It is second-liners Fresnillo and Antofagasta that are the best performers today on hopes that economic
Read moreLondon close: Footsie clings on to gains
8th Sep 2009 17:01
Leading London shares closed mixed, with strong gains on resource stocks counter-balanced by losses on life assurance stocks. Kazakhmys, Antofagasta, Rio Tinto, Xstrata and Vedanta Resources led the mining sector higher, as metal prices improved. Gold miners Fresnillo and Randgold Resources were
Read moreLondon afternoon: Holiday stocks take flight
8th Sep 2009 13:56
After opening brightly London's leading shares have been treading water since the middle of the morning. Kazakhmys, Antofagasta, Rio Tinto, Xstrata and Vedanta Resources lead the mining sector higher, as metal prices improve. Gold miner Randgold Resources is wanted after the price of gold bullio
Read moreLondon midday: Gold shines to push Footsie higher
8th Sep 2009 11:56
Gold pushing through the $1,000 per ounce mark has helped Footsie post decent gains in the morning session with miners generally in demand again. Kazakhmys, Antofagasta, Rio Tinto, Anglo American, Xstrata, Randgold Resources and Vedanta Resources lead the mining sector higher. It is third time that
Read moreLondon close: Footsie plunges after Wall Street reversal
1st Sep 2009 16:43
A sharp reversal in US stocks' fortunes ensured Footsie finished deep in the red after abruptly giving up an attempt to climb into positive territory. Miners were weak on lower metals prices, with Kazakh pair ENRC and Kazakhmys among the worst hit. Lower metals prices also hurt the likes of Antof
Read moreLondon afternoon: Footsie still stuck after plunge
1st Sep 2009 14:41
There has been little change in the FTSE 100 since it abruptly took a downward turn this morning Kazakh resources group ENRC is leading the mining sector lower, closely followed by fellow Kazakh operation Kazakhmys. Lower metals prices are also hitting the likes of Antofagasta, Anglo American, Lon
Read moreLondon midday: Banks and miners lead retreat
1st Sep 2009 12:16
Banks and miners are dragging the market lower and have pushed the Footsie below the 4,900 level. Kazakh resources group ENRC is leading the mining sector lower, closely followed by fellow Kazakhi operation Kazakhmys. Lower metals prices are also hitting the likes of Antofagasta, Anglo American, L
Read moreLondon close: Comfortable gains posted
28th Aug 2009 16:40
London's benchmark index finished the day with decent gains, though off earlier highs, with banks and miners proving the catalyst. Lloyds was the major riser on rumours that it is considering alternatives to the government's toxic asset protection scheme (APS), which could include the sale of Scot
Read moreLondon afternoon: Shares aim higher
28th Aug 2009 14:27
London's blue chips have added to gains in afternoon trading ahead of what is expected to be a rosy start on Wall Street. US stocks are seen posting good gains after Intel hiked its third-quarter revenue outlook just before the open. Kazakhmys, Xstrata, Rio Tinto, Antofagasta, Randgold Resources,
Read moreSector movers: Miners and banks lead the way
28th Aug 2009 12:10
Miners are putting on good gains and giving the markets a lift with Kazakhmys, Eurasian Natural Resources, Xstrata, Lonmin, Randgold Resources and Antofagasta all in the top ten risers. Banks are also going well with Lloyds up on rumours that it is considering alternatives to the government's toxi
Read moreLondon midday: Miners keep Footsie ahead
28th Aug 2009 11:33
Miners and financials are giving the markets a cheer before the extended weekend break. Kazakhmys, Xstrata, Rio Tinto, Antofagasta, Randgold Resources, Anglo American and Vedanta Resources are all amongst the major risers. Lloyds is amongst the risers on rumours that it is considering alternative
Read moreFTSE 100 movers: Miners surge to the top
28th Aug 2009 11:32
Miners are putting on good gains and giving the markets a lift with Kazakhmys, Eurasian Natural Resources, Xstrata, Lonmin, Randgold Resources and Antofagasta all in the top ten risers. Lloyds is also higher on rumours that it is considering alternatives to the government's toxic asset protection
Read moreLondon open: Miners lead advance
28th Aug 2009 08:17
London's blue chips are clawing back some of yesterday's losses in early dealings, thanks to strong mining stocks. Kazakhmys, Xstrata, Rio Tinto, Antofagasta, Randgold Resources, Anglo American and Vedanta Resources are all in demand. Lloyds Banking is said to be considering alternatives to joinin
Read moreThursday tips round-up: Tullow, Antofagasta, Costain
27th Aug 2009 05:55
Tullow Oil claims 741 million barrels in proven and probable reserves. Adding a very conservative 200 million for the extra potential in Ghana and Uganda gives one billion barrels, which the stock market is currently valuing at $14.5 per barrel. About right, given the Africa risk, but if Tullow does
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