London midday: Stocks fall sharply on US concerns
27th Sep 2013 11:19
UK markets were registering heavy losses on Friday morning as investor scaled back risk ahead of the weekend, as concerns over monetary policy and budget talks in the US continued to dampen sentiment. "European markets have started the trading day as if it were already the weekend and the lethargy
Read moreLondon open: Stocks fall as caution sets in ahead of data
27th Sep 2013 08:47
Markets opened lower on Friday morning following a choppy week as traders choose to head into the weekend with caution ahead of a barrage of economic data from the Eurozone and US later on. Eurozone economic confidence is expected to record a reading of 96 in September from 95.2 last month, accordi
Read moreMonday broker round-up UPDATE
23rd Sep 2013 09:06
African Barrick Gold: Citi takes target price from 93p to 119p, but still recommends selling. African Minerals: Citi increases target price from 320p to 330p and maintains a buy recommendation. Antofagasta: Citi shifts target price from 780p to 790p, while its sell recommendation remains unchanged
Read moreLondon close: Stocks hit by Bullard comments as post-Fed rally fades
20th Sep 2013 16:39
The exuberant post-Fed mood quickly faded on Friday with comments from one US policymaker dampening stocks before the close of trade. Risk appetite was also scaled back as caution set in ahead of the German elections at the weekend with the outcome still highly uncertain. The FTSE 100 finished 28.
Read moreFTSE 100 movers: Tate & Lyle hit by Credit Suisse rating cut
20th Sep 2013 15:02
Shares in food and sweeteners manufacturer Tate & Lyle were falling heavily on Friday after the stock's rating was cut by Credit Suisse from 'outperform' to 'neutral'. The bank said its greatest concern is a proposal in Mexico to tax soft drinks which would reduce demand the group's high-fructose
Read moreSector movers: Miners, banks fall as investors scale back risk
20th Sep 2013 13:57
The mining and banking sectors were the worst performing categories on Friday afternoon as traders scaled back risk appetite going into the weekend. With the excitement of the surprise Federal Reserve decision now over - cyclical stocks gained strongly on Thursday after the central bank held off fr
Read moreLondon midday: Stocks pause ahead of German elections
20th Sep 2013 11:36
Stocks were trading broadly flat by Friday lunchtime as markets paused for breath in the aftermath of the Federal Reserve's surprise decision not to taper quantitative easing, though upside was limited ahead of the German elections this weekend. After a weak start, the FTSE 100 was more or less unc
Read moreLondon open: Markets pull back as post-Fed rally fades
20th Sep 2013 08:17
Markets pulled back on Friday morning after a sharp rise the day before in the aftermath of the Federal Reserve's surprise decision not to taper quantitative easing. The FTSE 100 slipped slightly in early trade, falling 0.1% to 6,617, retreating after a 1% jump pushed it to 6,625.39 on Thursday. S
Read moreSector movers: Miners rally as precious metals rise
19th Sep 2013 13:40
Mining stocks were the biggest risers on Thursday as the price of precious metals jumped. Randgold Resources, Fresnillio, Anglo American and Antofagasta were among the miners who gained on an increase in commodity values. COMEX Gold was up 4.55% to $1,367.10 per ounce at 13:45 while silver and co
Read moreLondon close: Stocks sink into the red ahead of FOMC outcome
18th Sep 2013 16:23
After a range-bound morning session, markets sunk into the red on Wednesday afternoon as investors reduced their appetite for risk ahead of the Federal Reserve policy decision later this evening. The FTSE 100 closed 11.35 points lower at 6,558.82, the index's second day in negative territory after
Read moreLondon midday: Markets rangebound ahead of Fed decision
18th Sep 2013 11:32
Markets were rangebound on Wednesday morning as investors showed nervousness ahead of the all-important Federal Reserve policy decision later this evening. UK stocks were registering moderating gains by midday but just 19 points separated the FTSE 100's intraday low (6,568) and high (6,587) as trad
Read moreLondon open: Stocks flat as investors turn cautious ahead of Fed
18th Sep 2013 08:16
Markets opened broadly flat on Wednesday morning as investors refrained from building positions ahead of the conclusion of this month's all-important Federal Reserve policy meeting. However, with an announcement from the US central bank not due out until after markets close this evening, there will
Read moreTuesday broker round-up UPDATE
17th Sep 2013 08:56
Aggreko: Credit Suisse reduces target price from 2000p to 1400p and downgrades from neutral to underperform. Antofagasta: WH Ireland downgrades to neutral. Associated British Food: Nomura moves target price from 1650p to 1670p staying with its reduce rating. Aviva: Berenberg downgrades from hold
Read moreLondon open: Stocks jump ahead of Fed, Syria concerns ease
16th Sep 2013 08:29
Markets opened strongly on Monday morning as eyes begin to turn to the Federal Reserve ahead of its all-important policy meeting this week while concerns about Syria eased. The Federal Open Market Committee's two-day meeting is due to come to a close on Wednesday and will likely be one of the most
Read moreLondon close: Markets trim losses to finish flat
13th Sep 2013 16:34
The FTSE 100 trimmed losses on Friday afternoon but markets still finished broadly flat as traders scaled back risk appetite ahead of the weekend with the focus now turning to the Federal Reserve meeting next week. London's benchmark index closed down just 5.18 points at 6,583.80, pulling back slig
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