London close: Stocks mixed ahead of US Fed, BoE decisions
31st Jan 2024 15:49
(Sharecast News) - London's financial markets finished with mixed performance on Wednesday, with investors closing their wallets ahead of rate announcements from both the US Federal Reserve and the Bank of England.
Read moreCiti lifts price target for Antofagasta after Centinela expansion
31st Jan 2024 07:54
(Sharecast News) - Citi has raised its target price for Antofagasta and reiterated an 'buy' rating after the copper miner approved a $4.4bn expansion of its Centinela mine in Chile.
Read moreLondon close: Stocks rise on positive news from China
24th Jan 2024 16:31
(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.
Read moreLondon close: Stocks slip as focus shifts to US earnings
23rd Jan 2024 17:46
(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.
Read moreLondon close: Stocks slip after surprise jump in UK inflation
17th Jan 2024 15:03
(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.
Read moreAntofagasta annual copper production rises 2%
17th Jan 2024 07:20
(Sharecast News) - Copper miner Antofagasta on Wednesday said annual production rose 2% to 660,600 sonnes, on higher output at its Los Pelambres operation in Chile, due to improved water availability from its desalination plant.
Read moreLondon close: Stocks fall as US inflation comes in hot
11th Jan 2024 16:34
(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.
Read moreRBC Capital upgrades Antofagasta to 'outperform'
11th Jan 2024 07:57
(Sharecast News) - RBC Capital Markets upgraded its stance on Chilean copper miner Antofagasta on Thursday to 'outperform' from 'sector perform' and hiked the price target to 1,800p from 1,300p.
Read moreLondon close: Stocks manage positive finish after mixed session
8th Jan 2024 16:38
(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.
Read moreLondon close: Stocks fall amid rising geopolitical concerns
3rd Jan 2024 17:48
(Sharecast News) - London stocks closed lower on Wednesday - the 40th anniversary of the FTSE 100's launch - as sentiment remained cautious due to increasing tensions in the Middle East.
Read moreAntofagasta to go ahead with $4.4bn Centinela concentrator plant
20th Dec 2023 07:03
(Sharecast News) - Chile-based copper miner Antofagasta said it was going ahead with the $4.4bn construction of a second concentrator at its Centinela operation to boost production.
Read moreAntofagasta buys 19% stake in Peru's Buenaventura
15th Dec 2023 15:18
(Sharecast News) - Chilean copper miner Antofagasta said on Friday that it has bought a 19% stake in Peruvian metals company Buenaventura for an undisclosed sum.
Read moreLondon close: Stocks slip as investors digest US inflation
12th Dec 2023 16:00
(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.
Read moreJPMorgan upgrades Rio Tinto to 'overweight'
12th Dec 2023 12:34
(Sharecast News) - JPMorgan Cazenove upgraded Rio Tinto on Tuesday as it took a look at metals and mining stocks.
Read moreLondon midday: FTSE still firmer ahead of US inflation print
12th Dec 2023 12:07
(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.
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