London open: Markets pause ahead of US jobs data, stocks flat
7th Feb 2014 08:37
- Non-farm payrolls estimated at 180,000 - China services PMI falls to 50.9 - Tate & Lyle upgraded by JPMorgan to 'overweight' - Shires stops development of depression drug techMARK 2,781.99 +0.10% FTSE 100 6,561.78 +0.05% FTSE 250 15,827.61 +0.24% The FTSE 100 was broadly flat on Friday morning w
Read moreLondon open: Stocks higher after five-day losing streak
5th Feb 2014 08:25
- Upside limited ahead of data, policy decisions - Hargreaves Lansdown drops after H1 results - RSA appoints Stephen Hester as CEO techMARK 2,762.78 +0.61% FTSE 100 6,471.41 +0.34% FTSE 250 15,594.12 +0.35% UK markets opened slightly higher on Wednesday morning after five straight days of declines
Read moreFTSE 100 movers: BT Group in top spot after strong Q3
31st Jan 2014 15:07
BT Group was the highest riser on the FTSE 100 after the UK phone company reported third-quarter earnings that beat analysts' estimates. The group also raised its earnings outlook for the year. BG Group's shares regained strength following a sharp fall earlier in the week when the British gas explo
Read moreThursday broker round-up UPDATE
30th Jan 2014 09:06
Amedeo Resources: Daniel Stewart initiates with a target price of 2p and a buy recommendation. Anglo American: Credit Suisse ups target price from 1600p to 1650p and leaves its neutral rating unchanged. Antofagasta: Citi takes target price from 270p to 290p, but still recommends selling. JP Morgan
Read moreThursday tips round-up: Sainsbury, Miners
30th Jan 2014 07:21
Incoming Sainsbury Chief Executive Officer (CEO) Mike Coupe, who takes over from Justin King, faces a daunting task at the supermarket. Not as much is being asked of him as was of Tesco boss Philip Clarke, who took over from Terry Leahy, but the challenge set out before him daunting enough. The UK
Read moreLondon close: Stocks swing into the red as investors weigh emerging markets, Fed
29th Jan 2014 17:00
- Stocks swing sharply into red in afternoon trade - Renewed EM currency volatility follows rate hikes - Wall Street lower ahead of Fed decision - Miners rise after strong updates, Sainsbury boss exits techMARK 2,768.00 -0.48% FTSE 100 6,544.28 -0.43% FTSE 250 15,688.31 -0.18% Market volatility re
Read moreSector movers: Miners gain after updates from Antofagasta, Anglo and Randgold
29th Jan 2014 15:21
Mining stocks managed to hold on to gains on Wednesday afternoon despite the wider market sell-off after some well-received production updates from a number of blue-chip metal producers. As stocks across the globe were pressured lower by continued concerns over the emerging markets ahead of the Fed
Read moreFTSE 100 movers: Miners rise on strong updates
29th Jan 2014 15:10
Chilean miner Antofagasta raced to the top of the leaderboard today after it reported a record year of copper production for 2013, supported by a strong output performance in the fourth quarter and despite predictions 2014 production is set to drop. The stock was helped even higher after analysts at
Read moreBroker snap: Opinions divided on Antofagasta
29th Jan 2014 12:51
Brokers were divided on Wednesday on Antofagasta after the Chilean miner reported a record year of copper production for 2013 supported by a strong output performance in the fourth quarter. Antofagasta said copper production in the last three months of the year rose 4.9% from the third quarter to
Read moreLondon midday: Gains erased ahead of Fed as emerging-market concerns remain
29th Jan 2014 11:58
- Turkey hikes rates, lira strengthens but gains pared - Antofagasta, Anglo American, Randgold impress with updates - Sainsbury falls after King departure - Barclays considering branch closures, job cuts techMARK 2,784.36 +0.10% FTSE 100 6,578.86 +0.10% FTSE 250 15,808.49 +0.59% UK markets had com
Read moreBroker tips: Antofagasta, Brewin Dolphin, Carpetright
29th Jan 2014 11:20
Westhouse Securities has maintained its 'buy' rating and 1,000p target price for Chilean mining group Antofagasta after production guidance for 2014 came in ahead of forecasts. "For 2014, guidance for copper is a fraction above our estimate (of 702,000t) and gold guidance at 270,000oz is well above
Read moreBroker snap: Antofagasta guidance beats forecasts, says Westhouse
29th Jan 2014 09:09
Westhouse Securities has maintained its 'buy' rating and 1,000p target price for Chilean mining group Antofagasta after production guidance for 2014 came in ahead of forecasts. Full-year copper output in 2013 totalled a record 721,200 tonnes, 1.6% higher than the 2012 and ahead of company guidance
Read moreWednesday broker round-up UPDATE
29th Jan 2014 08:54
African Barrick Gold: Canaccord Genuity ups target price from 180p to 205p keeping a hold recommendation. Antofagasta: Westhouse Securities takes target price from 1000p to 1060p and maintains its buy recommendation. BG Group: Liberum Capital reduces target price from 1475p to 1280p downgrading to
Read moreLondon open: Turkish rate hike boosts markets, miners jump
29th Jan 2014 08:22
- Turkey hikes interest rates to halt lira slide - Antofagasta, Anglo American, Randgold rise after updates - Markets await FOMC decision techMARK 2,799.62 +0.65% FTSE 100 6,632.49 +0.92% FTSE 250 15,895.51 +1.14% UK markets opened strongly on Wednesday after the Turkish central bank's decision to
Read moreLondon pre-open: FTSE to jump after Turkish interest rate decision
29th Jan 2014 07:14
- Turkish central bank ups interest rate to 12 per cent - Fed announcement due later today - German consumer confidence rises City sources predict the FTSE 100 will open 39 points above yesterday's close of 6,572.33, boosted by the Turkish central bank's decision to increase interest rates last nig
Read more