Powerful earthquake shakes Chilean capital, copper prices firm
17th Sep 2015 06:01
(ShareCast News) - Authorities in New Zealand and Hawaii were on alert for a possible tsunami after a powerful tremor shook Chile's capital on Wednesday evening, at 10:54BST. The epicentre of the earthquake, which measured 8.3 on the Richter scale according to the US Geological Survey, was locate
Read moreFTSE 100 movers: Glencore and Antofagasta lead blue chips higher
7th Sep 2015 15:20
(ShareCast News) - The FTSE 100 began the week on the front foot, lifted by commodities giants Glencore and Antofagasta. With less than an hour before the London session's close, the blue chip index was up 0.48% at 6,071.64 points. Glencore was surging on the back of its new plan to pare back its $
Read moreLondon close: Equities drop after worse-than-forecast non-farms
4th Sep 2015 16:11
(ShareCast News) - Equities in the UK market ended lower on Friday after the US non-farm payrolls report missed forecasts. American employers added 173,000 jobs in August following an upwardly revised 245,000 in July, data released on Friday by the Labor Department showed. The figure was the smalle
Read moreFTSE 100 movers: Hikma nudges up on Goldman upgrade, miners slide
4th Sep 2015 12:06
(ShareCast News) - London's top-flight index was down 2.2% to 6,059.90 at 1515 BST, extending earlier losses following a weaker-than-expected US nonfarm payrolls report. Hikma Pharmaceuticals nudged a little higher after Goldman Sachs upgraded the stock to 'buy' from 'neutral' and lifted its price t
Read moreFTSE 100 movers: easyJet flies higher on profit guidance, Weir slips on demotion
3rd Sep 2015 12:40
(ShareCast News) - London's FTSE 100 was on the front foot Thursday, taking its cue from strength on Wall Street as the closure of Chinese markets provided investors with some much-needed respite. At 1305 BST, the top-flight index was up 1.4% at 6,165.81. Budget airline EasyJet flew higher after lif
Read moreFTSE 100 movers: Tullow recovers, Tesco and Morrison hit by Nielsen data
28th Aug 2015 14:04
(ShareCast News) - By mid afternoon on Friday, the FTSE 100 was almost exactly flat on the day, meaning despite all the drama of China's 'Black Monday', London's blue chips would end the week higher than they finished the Friday before. Leaving the rest in its wake by mid-afternoon was Inmarsat, aft
Read moreFTSE 100 movers: Miners push higher, StanChart rebounds from recent losses
27th Aug 2015 14:17
(ShareCast News) - London's top-flight index was firmly on the font foot on Thursday, with miners pacing the advance, as Asian markets stabilised following intervention from the People's Bank of China, and as expectations of a rate hike by the Federal Reserve were pushed back. Asia-focused Standard
Read moreWednesday tips round up: Antofagasta, James Fisher and Sons
26th Aug 2015 11:01
(ShareCast News) - The Financial Times' Lex column said one of the reasons behind Antofagasta's lacklustre share performance was its flat dividend pay-out. "The market demands miners pay dividends before they don their M&A cap to go hunting for future growth," the newspaper explained. Like other mi
Read moreFTSE 100 movers: Financials lead risers as blue chips end losing streak
25th Aug 2015 15:18
(ShareCast News) - The FTSE 100 bounced back on Tuesday, recouping some of Monday's China-triggered losses, for what looked like being the first positive session in 11 trading days. An hour before the close London's blue chips were up 136.80 points, or 2.32%, to 6,035.67, led by companies lifted pur
Read moreAntofagasta interim profit slumps on declining copper prices
25th Aug 2015 07:37
(ShareCast News) - Antofagasta posted a large drop in first-half profit as revenue fell on the back of declining copper and by-product prices and shipment delays, yet its shares were the among those carried highest in Tuesday's market rebound. The Chilean miner said it remained on track to achieve i
Read morePoundland gets provisional approval for 99p Store acquisition
25th Aug 2015 07:22
(ShareCast News) - London open City sources predict the FTSE 100 will open 56 points higher than Monday's close of 5,898.87. Stocks to watch The UK competition regulator has provisionally given approval for Poundland Group to acquire rival 99p Stores Ltd. The Competition and Markets Authority gave
Read moreLondon pre-open: Europe expected to pare back Monday's losses
25th Aug 2015 07:20
(ShareCast News) - City sources predict the FTSE 100 will open 56 points higher than Monday's close of 5,898.87. Following a volatile US session, Tuesday may see a let up in the wave of selling in recent days, CMC Markets UK chief market analyst Michael Hewson said. "Despite this prospect of furthe
Read moreWeek ahead: US inflation watchers train sights on Jackson Hole
21st Aug 2015 12:54
(ShareCast News) - After a week ahead of considerable stock market retreats, the important Jackson Hole central bank symposium will from Thursday provide the market with some enlightenment on the thinking of some key Federal Reserve figures, with plenty of economic data in the preceding days. After
Read moreFTSE 100 movers: Prudential rallies as first-half numbers impress, Burberry slumps on yuan devaluation
11th Aug 2015 14:36
(ShareCast News) - London's FTSE 100 index was down 0.8% at 6,681 at 1500 BST, as the devaluation of the yuan hit the heavily-weighted mining sector. Prudential was the standout gainer after the insurer posted a better-than-expected 17% rise in first-half operating profit and lifted its interim divi
Read moreFTSE 100 movers: Old Mutual, housebuilders rally, but miners under the cosh
6th Aug 2015 14:47
(ShareCast News) - London's FTSE 100 index was down 0.2% at 6,740 at 15:00 BST as investors took in 'Super Thursday', which saw the Bank of England deliver its interest-rate decision, minutes and Inflation Report all on the same day. Diversified South African financial group Old Mutual was the stand
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