FTSE 100 movers: Oil producers and miners weaker, Easyjet soars on lower costs
10th Mar 2015 14:14
Oil producers such as Tullow, Shell and BG Group led the fallers as crude prices declined. Brent futures were down 1.4% at $57.73 a barrel by noon. Meanwhile, Easyjet was flying higher on the low oil prices, as fuel costs were further minimized. G4S was also among the risers after the security grou
Read moreLondon midday: Stocks at lowest in a month as Greek fears intensify
10th Mar 2015 12:16
UK stocks dropped sharply on Tuesday morning with the Footsie on track for its lowest close in over a month as investors scaled back their appetite for risk amid ongoing tensions between Greece and its creditors. London's FTSE 100 was down 1.2% at 6,793.01 by midday. It has not closed below the 6,80
Read moreUK mining and energy stocks slump on rising USD and declining commodity prices
10th Mar 2015 11:45
Mining and energy stocks slumped on the FTSE 100 index in London on Tuesday as commodity prices continued to erode on the back of a strengthening US dollar and persistent concerns over the health of the Chinese economy. Midday in London, shares in mining stocks slumped with Kaz Minerals down 4.9%, B
Read moreLondon open: Mining stocks and Prudential drag markets lower
10th Mar 2015 08:52
Equity markets declined on Tuesday morning on the back of mixed data from China, with mining stocks bearing the brunt of the selling pressure as metal prices weakened. The FTSE 100, which set a three-week closing low of 6,876.47 on Monday, was down a further 0.22% at 6,861.50 early on with Prudentia
Read moreLondon pre-open: Declines expected early on, Chinese inflation in focus
10th Mar 2015 07:36
UK stocks were set to fall for the third straight day on Tuesday after setting a three-week low the previous session on the back of renewed concerns about Greece. City sources predict the FTSE 100 will open 14 points lower than Monday's close of 6,876.47, its lowest close since 16 February. Economi
Read moreAntofagasta butts heads with locals at Los Pelambres on environmental concerns
10th Mar 2015 07:07
Copper mining group Antofagasta has been told by a court that it must destroy at least part of its tailings dam at the Los Pelambres project in Chile as it is affecting the natural flow of a nearby river. The ruling came amid ongoing protests at the project by locals seeking action to help alleviate
Read moreLondon midday: Greek fears hit UK stocks as ECB kicks off QE
9th Mar 2015 11:56
UK stocks were trading in the red on Monday despite gains in the heavyweight mining sector as Greek fears dampened sentiment. London's FTSE 100 was down 0.63% at 6,868.56 by midday. Greece's new government has threatened that they could call a referendum or have early elections if the Eurozone reje
Read moreMonday broker round-up
9th Mar 2015 11:29
Barclays: Charles Stanley reiterates accumulate. Nomura stays at buy, ups target to 81p from 78p. Lloyds: Investec reiterates buy and 85p target price. RSA: Credit Suisse reiterates outperform recommendation and hikes target to 525p from 475p. Goldman downgrades to sell from neutral. ARM Holdings:
Read moreLondon open: Stocks decline on Greek fears, global trade data
9th Mar 2015 08:40
UK stocks fell on Monday morning on the back of renewed concerns about Greece, while investors digested the latest trade data from China and Germany. London's FTSE 100 was down 0.55% at 6,873.61 within the opening hour of trade. Greece's new government has threatened that they could call a referend
Read moreLondon pre-open: Stocks set to fall early on after Chinese trade data
9th Mar 2015 07:54
UK stocks were expected to retreat on Monday morning as investors focused on Chinese trade data and the prospect of an earlier-than-expected rate rise by the Fed. City sources predict the FTSE 100 will open 25 points lower than Friday's close of 6,911.80. In economic data, China's trade surplus roc
Read moreAntofagasta copper output hit by ongoing protests at Los Pelambres
9th Mar 2015 07:14
Ongoing protests at Antofagasta's Los Pelambres copper project in Chile have taken their toll on production, the company said on Monday, after negotiations about drought conditions with locals stalled. The miner said a "small group of protestors" from the local Choapa valley community have establish
Read moreFTSE 100 movers: Standard Chartered soars on new CEO, RBS dips after missing forecasts
26th Feb 2015 14:16
Standard Chartered surged after appointing former JPMorgan boss Bill Winters as its new chief executive, as it confirmed current head Peter Sands will step down in June. The bank also announced that chairman John Peace will step down in 2016. Mining stocks were on the rise as metal prices improved,
Read moreLondon midday: Stocks holding steady on a busy day
26th Feb 2015 12:20
UK stock markets were rangebound on Thursday morning on a busy day for corporate earnings and economic data, as investors maintained a cautious approach following the record peaks reached earlier in the week. London's FTSE 100 was up just 0.04% at 6,938.10 by midday, trading within a narrow range of
Read moreLondon close: HSBC dampens sentiment as investors wait on Greek news
23rd Feb 2015 16:30
A plunge in the share price of HSBC, falling commodity stocks and a lack of news regarding Greece ensured that UK equity markets remained in the red on Monday, with investors cautious with shares near all-time highs. HSBC dropped nearly 5% after the global lender missed forecasts with a sharp drop i
Read moreLondon midday: HSBC drags UK stocks lower despite progress in Greece
23rd Feb 2015 15:31
European markets breathed a sign of relief on Monday as concerns over Greece eased, though UK stocks didn't join in with the rally after HSBC disappointed with results and commodity stocks weakened. HSBC had fallen nearly 6% after the global lender missed forecasts with a sharp drop in profits for 2
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