London close: Stocks little changed as investors look to US data

27th Feb 2024 16:05

(Sharecast News) - London's equity markets closed with a subdued performance on Tuesday, after a mixed but largely flat session trend as investors exercised caution ahead of US inflation figures later in the week.

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London close: Stocks finish lower on fresh China concerns

20th Feb 2024 15:29

(Sharecast News) - London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.

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Antofagasta FY revenues grow as copper prices stabilise

20th Feb 2024 08:01

(Sharecast News) - Copper miner Antofagasta said on Tuesday that full-year revenues had grown on the back of a more stable price for the metal throughout 2023.

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London close: Stocks rise as UK retail sales rebound

16th Feb 2024 14:59

(Sharecast News) - London's stock markets saw positive gains on Friday, buoyed by encouraging UK retail sales data and favourable earnings reports from NatWest.

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London close: Stocks mixed ahead of US Fed, BoE decisions

31st Jan 2024 15:49

(Sharecast News) - London's financial markets finished with mixed performance on Wednesday, with investors closing their wallets ahead of rate announcements from both the US Federal Reserve and the Bank of England.

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Citi lifts price target for Antofagasta after Centinela expansion

31st Jan 2024 07:54

(Sharecast News) - Citi has raised its target price for Antofagasta and reiterated an 'buy' rating after the copper miner approved a $4.4bn expansion of its Centinela mine in Chile.

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London close: Stocks rise on positive news from China

24th Jan 2024 16:31

(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.

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London close: Stocks slip as focus shifts to US earnings

23rd Jan 2024 17:46

(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.

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London close: Stocks slip after surprise jump in UK inflation

17th Jan 2024 15:03

(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.

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Antofagasta annual copper production rises 2%

17th Jan 2024 07:20

(Sharecast News) - Copper miner Antofagasta on Wednesday said annual production rose 2% to 660,600 sonnes, on higher output at its Los Pelambres operation in Chile, due to improved water availability from its desalination plant.

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London close: Stocks fall as US inflation comes in hot

11th Jan 2024 16:34

(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.

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RBC Capital upgrades Antofagasta to 'outperform'

11th Jan 2024 07:57

(Sharecast News) - RBC Capital Markets upgraded its stance on Chilean copper miner Antofagasta on Thursday to 'outperform' from 'sector perform' and hiked the price target to 1,800p from 1,300p.

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London close: Stocks manage positive finish after mixed session

8th Jan 2024 16:38

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

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London close: Stocks fall amid rising geopolitical concerns

3rd Jan 2024 17:48

(Sharecast News) - London stocks closed lower on Wednesday - the 40th anniversary of the FTSE 100's launch - as sentiment remained cautious due to increasing tensions in the Middle East.

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Antofagasta to go ahead with $4.4bn Centinela concentrator plant

20th Dec 2023 07:03

(Sharecast News) - Chile-based copper miner Antofagasta said it was going ahead with the $4.4bn construction of a second concentrator at its Centinela operation to boost production.

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