London close: Flat finish after turbulent day, focus on Chinese PMI, UK GDP
22nd May 2014 16:59
- FTSE closes 0.48 points lower at 6,820.56 - SABMiller leads risers, Royal Mail at bottom of pile - Household spending drives rise in GDP techMARK 2,744.10 +0.32% FTSE 100 6,820.56 -0.01% FTSE 250 15,675.09 +0.46% Blue chips ended today's session flat, tipping marginally into negative territory i
Read moreFTSE 100 movers: SABMiller bubbles higher on annual results
22nd May 2014 15:33
A taste for lager among drinkers in emerging markets helped brewing group SABMiller to add fizz to annual adjusted profits, although volumes declined in Europe and North America. SABMiller, whose brands include Peroni, Pilsner Urquell and Grolsch, said strong demand in Latin America, Africa and Chin
Read moreLondon close: FTSE lifted by gains in US, eyes on BoE, retail sales
21st May 2014 16:59
- FTSE closes up 19.04 points at 6,821.04 - Retail figures, BoE in focus - April mortgage lending up by more than a third techMARK 2,735.35 +1.07% FTSE 100 6,821.04 +0.28% FTSE 250 15,603.20 +1.06% A rise in stocks on the other side of the Pond helped drive blue chips into positive territory by to
Read moreFTSE 100 movers: Petrofac rises on Barclays upgrade
21st May 2014 15:28
Petrofac climbed after Barclays raised its recommendation for the UK's largest oil and gas engineer. An increase in oil prices also boosted the sector with both Brent and West Texas Intermediate crude futures higher. Burberry's annual revenue rose 17% to £2.3bn, boosted by strong retail sales. The
Read moreAntofagasta faces 'more challenging short-term environment'
21st May 2014 09:03
Copper giant Antofagasta faces a 'more challenging short-term environment', the group told investors at its annual general meeting on Wednesday. Chairman Jean-Paul Luksic said that following a 'difficult' 12 months in 2013, the group was now in a period of consolidation, but said the fundamentals
Read moreLondon close: FTSE closes modestly higher
14th May 2014 16:59
- FTSE closes up 5.41 points at 6,878.49 - Quarterly unemployment falls - Ukraine launches discussions to end the crisis techMARK 2,793.06 -0.40% FTSE 100 6,878.49 +0.08% FTSE 250 15,974.61 -0.40% UK stocks delivered a modest rise on Wednesday as investors digested the latest minutes from the Bank
Read moreLondon close: Miners drive FTSE higher
12th May 2014 16:59
- FTSE closes up 37.18 points - Miners rise on JPMorgan Chase - CBI ups outlook for GDP techMARK 2,794.57 +0.44% FTSE 100 6,851.75 +0.55% FTSE 250 15,981.35 +0.61% Miners lifted the FTSE firmly higher today, getting the week off to a positive start despite the latest developments in Eastern Europe
Read moreFTSE 100 movers: Miners rise on JPMorgan comments
12th May 2014 15:20
Upbeat comments from JPMorgan Chase & Co and a good performance on Chinese markets overnight gave the mining sector a boost today. The US bank upgraded its rating for the European mining sector from 'underweight' to 'overweight' on the back of falling costs and improving demand from China. Rio Ti
Read moreSector movers: Miners rise after JPMorgan comments
12th May 2014 13:52
Basic resource stocks were among the best performers on Monday after JPMorgan Chase & Co upgraded its rating for the European mining sector from 'underweight' to 'overweight', citing falling costs and improving demand from China. Rio Tinto and BHP Billiton were leading the way higher after the US b
Read moreLondon midday: Miners give markets a boost despite Ukraine worries
12th May 2014 11:37
- JPMorgan, China hopes lift mining stocks - Ukraine in focus after referendums - BSkyB falls amid Fox pay-TV deal speculation techMARK 2,793.49 +0.40% FTSE 100 6,844.10 +0.43% FTSE 250 15,961.01 +0.48% Upbeat comments from JPMorgan Chase & Co and a good performance on Chinese markets overnight ga
Read moreLondon open: Miners lead stocks higher on Chinese stimulus hopes
12th May 2014 08:29
- Chinese stimulus hopes increase after Xi comments - Ukraine in focus after regional referenda - BSkyB in talks with Fox over German, Italian assets techMARK 2,785.14 +0.10% FTSE 100 6,828.98 +0.21% FTSE 250 15,940.81 +0.35% UK stocks edged higher on Monday morning despite heightened tensions in
Read moreTuesday broker round-up UPDATE
6th May 2014 08:44
Antofagasta: RBC Capital upgrades to buy with a target price of 900p. Barclays: Numis downgrades from add to hold with a target price of 280p. BG Group: Goldman Sachs ups target price from 1500p to 1530p and retains a strong buy recommendation. Britvic: Numis raises target price to 684p and keeps
Read moreLondon pre-open: Lower start predicted for FTSE
30th Apr 2014 07:14
The City is expected to slide lower early on following yesterday's rise as investors gear up for another busy day of corporate earnings and economic data, both from home and abroad. City sources predict the FTSE 100 will open around 24 points below yesterday's close of 6,769.91. This was despite
Read moreAntofagasta Q1 production falls, on track for full-year
30th Apr 2014 07:05
- First quarter copper production falls seven per cent - Gold production down 10 per cent - Remains on track for full-year targets Chile-focused copper miner Antofagasta said production of copper, gold and molybdenum fell during the first quarter of its financial year but it remains on track to mee
Read moreWednesday preview: GlaxoSmithKline, Royal Dutch and Antofagasta awaited
29th Apr 2014 16:45
The upcoming session will again witness the release of a raft of corporate results, with many outfits set to go ex-dividend. Interim statements are due from several 'heavy hitters', including Barclays, Tullow Oil, Standard Life, British American Tobacco and Next. GlaxoSmithKline (GSK) and Royal
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