Sector movers: Aerospace and defence stocks lead London market higher
31st Jul 2015 15:50
(ShareCast News) - Aerospace and defence, and media stocks led the London market higher as miners continued to struggle on Friday. The FTSE 100 closed up 0.41% or 27.41 points at 6696.28, while FTSE 250 closed up 0.89% or 156.40 points at 17677.40, with aerospace and defence stocks trading higher.
Read moreFTSE 100 movers: Late gust from US blows Carnival and TUI higher
31st Jul 2015 15:09
(ShareCast News) - The FTSE 100 climbed back into positive territory late in Friday's session, after a mixed day of corporate reports. The blue chip index was up 0.20% to 6,681.97 by 15:05 BST, helped by a late surge from the leisure sector. Cruise operator Carnival sailed to the top of the leader-
Read moreLondon midday: FTSE in the red on mixed earnings, data
31st Jul 2015 12:27
(ShareCast News) - The FTSE 100 slipped into the red on the back of a flat session in Asian markets, mixed earnings releases and economic data. Asian stocks were mixed, with Japan's Nikkei 225 index ending higher on upbeat reports on housing starts and construction orders but Shanghai fell on report
Read moreAntofagasta slumps on acquisition of 50% stake in Chilean copper mine
31st Jul 2015 08:31
(ShareCast News) - Shares in Antofagasta slumped after the Chilean miner said it has agreed a $1.01bn deal to acquire a 50% interest in the Zaldivar copper mine from Barrick Gold. The immediately earnings-enhancing deal will be funded from the company balance sheet and consists of $980m upon closing
Read moreAntofagasta lowers annual copper output
29th Jul 2015 09:03
(ShareCast News) - Mining giant Antofagasta lowered its annual copper production forecast for the second time this year, as it delayed the start of production at its new Antucoya project. The Chilean miner said copper output in the second quarter of 2015 grew 7.2% quarter-on-quarter to 157,000 tonne
Read moreSector movers: Natural resources stocks trigger another London market decline
23rd Jul 2015 15:38
(ShareCast News) - Natural resources, especially mining and metals, along with telecommunications stocks triggered yet another London market decline on Thursday. The FTSE 100 was down 12.33 points or 0.18% at 6655.01, while FTSE 250 was down 26.55 or 0.15% with mining, metal and oil stocks leading a
Read moreGoldman Sachs lowers medium-term copper price forecasts
23rd Jul 2015 09:05
(ShareCast News) - Even in a country that accounted for 20% of the global population and 13% of its gross domestic product, private consumers in the People's Republic of China could not be expected to consume half the world's copper as the government-led investment drive cooled, Goldman Sachs told c
Read moreFTSE 100 movers: Sports Direct kicked higher, Pearson spikes on FT rumours
20th Jul 2015 14:02
(ShareCast News) - London markets inched higher on Monday as weakness in the commodities market was outshone by strength in the pharmaceutical, technological and financial sectors. As of 14:15 BST, the FTSE 100 was trading 0.23% higher at 6,791. Sports Direct International topped the risers as Exan
Read moreFTSE 100 movers: Barratt and AB Foods gain on updates, Prudential lifted by Goldman note
9th Jul 2015 15:41
London's FTSE 100 was on the front foot on Thursday, with cyclical stocks such as miners and banks in the black. Rio Tinto, Antofagasta and BHP Billiton all gained following a rebound in Chinese stock and metal prices. Elsewhere, Barratt Development rebounded from heavy losses in the previous sessi
Read moreLondon open: Stocks rise ahead of budget, but China and Greece a concern
8th Jul 2015 09:12
London stocks bounced slightly on Wednesday after settling at their lowest in nearly six months, though gains were modest as investors focused on a sell-off in China overnight, the upcoming UK budget and news flow on Greece. The FTSE 100 was up 0.38% at 6,456.90 early on, after settling at 6,432.21
Read moreEuropean basic resources stocks take a hit; Glencore touches lowest level since 2011 IPO
7th Jul 2015 16:04
European basic resources took a hit on Tuesday, with the Stoxx Europe 600 index for the sector down 3.6% as metals prices dropped across the board. Base and precious metals were firmly in the red, with gold, silver, copper, nickel, and zinc down between 1 and 6%, hit by the dollar, which strengthene
Read moreFTSE 100 movers: Rolls-Royce leads blue chips lower after profit warning
6th Jul 2015 15:09
London's blue chips were trading firmly in negative territory on Monday in the aftermath of the Greek public's decision to reject creditors' bailout proposals, with Rolls-Royce and a host of commodity stocks providing a drag. Engine maker Rolls-Royce had trimmed losses by the afternoon but was still
Read moreLondon midday: Rolls-Royce, commodity stocks lead FTSE lower after Greek 'no' vote
6th Jul 2015 11:41
UK stocks declined on Monday after the Greeks voted a resounding 'no' to creditors' bailout proposals, pushing the country closer to a possible exit from the Eurozone. Nevertheless, while stock markets across Europe were suffering steep losses - German, Spanish and French shares were down 1.3-1.8% w
Read moreSector movers: Telcos, natural resources stocks lead London market lower
3rd Jul 2015 10:46
Telecommunications and natural resources stocks led the London market lower on Friday, ahead of the Greek bailout referendum on Sunday. The blue chip FTSE 100 closed down 0.67% or 44.69 points at 6585.78 as the sell-off in mining stocks continued with base metals prices sliding yet again after a bri
Read moreFTSE 100 movers: Travel and banking stocks surge, miners decline
1st Jul 2015 13:05
London markets were buoyed by strength in the travel and banking sectors, which offset weakness in mining and oil stocks. As of 14:30 BST, the FTSE 100 was trading 1.5% higher at 6,617. Travel and leisure stocks including Easyjet, IAG, TUI and IHG rebounded after a recent sell-off. The sector had b
Read more