London midday: Stocks move higher as bargain hunters step in
9th Apr 2014 12:10
- UK economy still struggling to rebalance - Motor insurers off as prices drop - Focus to be on Fed meeting minutes techMARK 2,725.84 +1.05% FTSE 100 6,640.60 +0.76% FTSE 250 16,156.11 +0.88% Equities were continuing to move higher at the midday mark, lifted by a decent performance in the US overn
Read moreWednesday broker round-up UPDATE
9th Apr 2014 09:09
Aberdeen Asset Management: RBC Capital moves target price from 485p to 495p and maintains an outperform rating. African Barrick Gold: Deutsche Bank upgrades to buy with a target price of 310p. African Minerals: Investec reduces target price from 241p to 198p and leaves its buy recommendation uncha
Read moreLondon open: Sports Direct leads markets lower, Ukraine tensions weigh
8th Apr 2014 08:31
- Ukraine tensions running high - Wall Street sell-off continues ahead of Q1 earnings - BoJ holds steady despite tax hike - Sports Direct slumps, miners gain techMARK 2,725.79 -0.16% FTSE 100 6,609.27 -0.20% FTSE 250 16,217.75 -0.28% Growing tensions in Ukraine pushed UK stocks lower on Tuesday mo
Read moreSector movers: Miners drop as Chinese stimulus underwhelms, metals fall
3rd Apr 2014 15:24
Mining stocks were falling on Thursday afternoon after an underwhelming 'mini-stimulus' package from top metals consumer China designed to prevent an economic slowdown. The stimulus measures included a tax cut for small businesses and higher funding for more low-income housing and infrastructure.
Read moreLondon close: Markets may be underestimating deflation risks in euro area
2nd Apr 2014 17:15
- Stocks extend three-week high - ECB, US data ahead - Antofagasta unharmed by Chile quake techMARK 2,782.92 -0.04% FTSE 100 6,659.04 +0.10% FTSE 250 16,415.96 +0.05% The Footsie ended the day slightly in the blue after the release of largely in-line data on US manufacturing orders alongside a sli
Read moreSector movers: Miners track metals prices higher, Antofagasta gains
2nd Apr 2014 16:12
Mining stocks were performing well on Wednesday as metal prices gained across the board. Copper prices were higher on speculation that an 8.2 magnitude earthquake in Chile, the biggest producer of the metal in the world, could negative affect supplies. Tsunami alerts were triggered from Chile to
Read moreLondon midday: Markets edge higher but gains limited
2nd Apr 2014 11:48
- Stocks extend three-week high - ECB, US data ahead - Antofagasta unharmed by Chile quake - Sports Direct extends gains on expansion potential techMARK 2,795.73 +0.42% FTSE 100 6,666.62 +0.21% FTSE 250 16,470.77 +0.39% The FTSE 100 had pushed into positive territory by Wednesday lunchtime, but ga
Read moreLondon open: Markets hold at three-week high
2nd Apr 2014 08:59
- Markets flat ahead of ECB, US data - Antofagasta operations unaffected by Chile quake - Domino's, ASOS impress with results techMARK 2,788.47 +0.16% FTSE 100 6,650.51 -0.03% FTSE 250 16,413.15 +0.03% UK stocks were flat at a three-week high on Wednesday morning as investors paused for breath ahe
Read moreAntofagasta unharmed by 8.2 magnitude quake in Chile
2nd Apr 2014 08:51
Antofagasta Minerals said its copper operations were unharmed by a strong earthquake in Chile on Tuesday. A 8.2 magnitude earthquake struck off the coast of northern Chile, causing five deaths and triggering a tsunami of two-metre waves. The quake was shallow at 20.1 km below the seabed and struc
Read moreTuesday broker round-up UPDATE
1st Apr 2014 09:39
African Barrick Gold: Deutsche Bank raises target price from 240p to 310p and keeps a hold recommendation. African Minerals: Deutsche Bank lowers target price from 399p to 382p, while its buy recommendation is kept. Allergy Therapeutics: Panmure Gordon ups target price from 16p to 25p and retains
Read moreCredit Suisse names Rio and Anglo as top mining picks
31st Mar 2014 10:47
Credit Suisse has named Rio Tinto and Anglo American as its top picks in the metals and mining sector. Following two quarters of upgrades, the bank said that earnings momentum across the sector has slowed sharply with most commodity prices now trading below consensus estimates for 2014. "While min
Read moreLondon open: Miners rise on Chinese stimulus hopes, insurers drop
28th Mar 2014 08:34
- Miners rise on Chinese stimulus hopes - Li Keqiang hints at possible easing - Insurers fall on FCA investigation techMARK 2,779.04 +0.58% FTSE 100 6,621.74 +0.51% FTSE 250 16,239.90 +0.23% UK stocks were making decent gains on Friday morning after a positive session in Asia overnight as comments
Read moreThursday broker round-up UPDATE
27th Mar 2014 09:02
Aberdeen Asset Management: Credit Suisse reduces target price from 470p to 415p maintaining a neutral rating. Acta: Cantor Fitzgerald reinstates with a target price of 13p (prev.: 16p) and a buy recommendation. African Minerals: Jefferies cuts target price from 300p to 250p and retains a buy recom
Read moreLondon open: Stocks track losses on Wall Street
27th Mar 2014 08:30
- FTSE 100 pulls back from two-week high - Babcock drops after acquisition, Tullow disappoints - Utilities fall after Ofgem report - UK and US data on tap today techMARK 2,770.54 -0.44% FTSE 100 6,567.22 -0.58% FTSE 250 16,203.40 -0.30% Falls from Babcock, Tullow Oil and utility stocks were weighi
Read moreLondon midday: Stocks rebound from seven-week low as blue chips jump
25th Mar 2014 11:35
- Kingfisher, easyJet, Wolseley, RSA, Anglo rise strongly - Royal Mail falls after job cut plans - Miners rise on Chinese stimulus hopes - Economic data, Ukraine in focus techMARK 2,775.13 +0.77% FTSE 100 6,597.81 +1.19% FTSE 250 16,115.48 +0.60% Strong gains from a number of blue chips gave UK ma
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