London midday: Stocks fall on Iraq conflict, but Kentz rockets
23rd Jun 2014 12:00
- Iraq tensions push stocks lower as oil rises - Kentz rockets on SNC-Lavalin bid - Mining stocks higher on China data techMARK 2,841.51 -0.68% FTSE 100 6,807.57 -0.26% FTSE 250 15,698.73 -0.59% UK stocks pared losses on Monday morning but were still trading firmly in the red by midday as ongoing
Read moreLondon open: Iraq conflict dampens stocks, but miners gain
23rd Jun 2014 08:31
- Iraq conflict intensifies as rebels take more ground - Mining stocks gain on China data - Shire pulls back after Friday's jump - ASOS warehouse fire dents shares techMARK 2,846.92 -0.49% FTSE 100 6,795.76 -0.43% FTSE 250 15,731.14 -0.38% UK stocks fell on Monday morning as upbeat economic data f
Read moreSunday share tips: Debenhams, Johnston Press, Carpetright
22nd Jun 2014 14:13
Steer clear of shares in Debenhams, Questor advised in the Sunday Telegraph. There was no repeat of the December 31st profit warning when the department store group published its trading statement on June 20th. Trading was in line with expectations. But Debenhams has damaged its brand by repeatedly
Read moreLondon close: FTSE closes modestly higher
12th Jun 2014 16:32
- FTSE closes up 4.24 higher at 6,843.11 - US data disappoints - Eurozone industrial production beats forecast techMARK 2,846.73 +0.21% FTSE 100 6,843.11 +0.06% FTSE 250 16,125.95 +0.24% London-listed stocks ended the day marginally higher, coming off this morning's lows, although the gains were l
Read moreSector movers: Miners drop on growth concerns, but Lonmin jumps
12th Jun 2014 14:18
Mining stocks dropped sharply on Thursday as concerns about global growth eroded risk appetite amongst investors. The World Bank this week downgraded its outlook for the global economy, saying that developing countries are headed for a year of "disappointing growth", causing miners to decline on t
Read moreLondon midday: Stocks erase losses as media strength outweighs miners
12th Jun 2014 11:27
- Media stocks lead the rebound, ITV jumps - Mining stocks fall, Anglo downgraded - Eurozone industrial data beats forecasts - Iraq tensions keep risk appetite subdued techMARK 2,845.86 +0.18% FTSE 100 6,841.76 +0.04% FTSE 250 16,111.37 +0.15% A late-morning bounce pushed UK stocks into positive t
Read moreLondon open: Mining stocks pull FTSE 100 lower ahead of data
12th Jun 2014 08:25
- Profit taking continues as miners fall - Traders await global economic data - Broker downgrades hit blue chips techMARK 2,839.63 -0.04% FTSE 100 6,827.09 -0.17% FTSE 250 16,073.58 -0.09% UK stocks opened flat on Thursday morning as weakness in the mining sector held back any chances of a rebound
Read moreLondon open: Stocks near 14-year high after upbeat Asian data
9th Jun 2014 08:33
- China trade surplus doubles as exports rise - Japanese consumer confidence improves, GDP revised higher - Rio gains on Credit Suisse comments - Lloyds fall after pricing TSB IPO techMARK 2,852.63 +0.04% FTSE 100 6,872.71 +0.21% FTSE 250 16,239.01 +0.04% Yet another record close on Wall Street fe
Read moreLondon open: Chinese data gives UK mining stocks a boost
2nd Jun 2014 08:58
- Miners lead gains early on - China manufacturing PMI rises, but house prices weaken - Busy week ahead with ECB and US jobs in focus techMARK 2,819.95 +0.27% FTSE 100 6,856.96 +0.18% FTSE 250 16,086.39 +0.48% Rising mining stocks helped UK equity markets to gain on Monday morning, as risk appeti
Read moreLondon close: Miners drag FTSE to negative finish
30th May 2014 16:59
- FTSE closes down 26.78 points at 6,844.51 - Fenner, miners provide drag - UK consumer confidence out of the red techMARK 2,812.27 +0.10% FTSE 100 6,844.51 -0.39% FTSE 250 16,010.25 +0.35% Miners dragged the FTSE to a negative finish in today's session, following what one analyst described as a
Read moreFTSE 100 movers: Miners slide on iron ore and China concerns
30th May 2014 15:41
Mining stocks were trading firmly in the red as iron ore prices were headed for their sixth consecutive monthly decline, the longest losing streak on record. Meanwhile, concerns about a slowdown in China were also having an impact on stocks, as well as a profit warning from FTSE 250-listed Fenner,
Read moreSector movers: Miners drop on falling metals prices and China concerns
30th May 2014 14:14
Mining stocks were leading the fallers on Friday on the back of a slump in commodity prices and concerns over a slowdown in China. Iron ore prices were headed for their sixth consecutive monthly decline, the longest losing streak on record, due to rising supplies from Australia and Brazil. Iron o
Read moreBroker tips: Antofagasta, Go-Ahead, SAB Miller
23rd May 2014 13:07
Things are looking down for Chile-focused miner Antofagasta, Investec says, due mainly to the strength in sterling, an expected increase in the tax rate and the uncertain near-term outlook for the price of copper. The effective tax rate is seen rising to 35% from fiscal year 2017 in comparison to
Read moreInvestec maintains sell on Antofagasta due to uncertain Chinese demand
23rd May 2014 12:12
Things are looking down for Chile-focused miner Antofagasta, Investec says, due mainly to the strength in sterling, an expected increase in the tax rate and the uncertain near-term outlook for the price of copper. The effective tax rate is seen rising to 35% from fiscal year 2017 in comparison to
Read moreFriday broker round-up UPDATE
23rd May 2014 09:53
Admiral Group: JP Morgan raises target price from 1022p to 1164p, while staying with its underweight rating. Antofagasta: Investec cuts target price from 715p to 690p and leaves its sell recommendation unchanged. Assura Group: Liberum Capital shifts target price from 44p to 47p and stays with its
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