FTSE 100 movers: Randgold up on Mali government news
23rd Aug 2012 14:59
Randgold was a high riser today after releasing a statement to welcome the appointment of a new interim government in Mali which its said 'represents a further step towards the full normalisation of the country following the coup attempt earlier this year.' Miners on the whole were making gains to
Read moreLondon midday: Miners gain on QE hopes, Randgold jumps
23rd Aug 2012 11:44
- QE hopes drive stocks early on - Gains pared after Eurozone data - Randgold leads miners higher The Footsie was teetering around the 5,800 level by Thursday lunchtime as earlier optimism surrounding a potential policy easing in the US was tempered by some weak manufacturing data from the Eurozone
Read moreLondon open: Stimulus hopes drives gains after Fed minutes
23rd Aug 2012 08:44
- QE hopes increase after FOMC minutes - The ball is in Greece's court, says Juncker - Chinese manufacturing PMI falls to nine-month low Stocks bounced back after a sell-off yesterday as the details of the latest policy-rate setting meeting in the US showed that the Federal Reserve could embark upo
Read moreWednesday broker round-up
22nd Aug 2012 09:20
888 Holdings: Shore Capital upgrades to buy. Afren: Jefferies raises target from 140p to 155p, buy recommendation maintained. Anglo American: JPMorgan Cazenove downgrades to underweight, target cut from 3,000p to 1,900p. Antofagasta: JPMorgan Cazenove upgrades to overweight, target lifted from 1,
Read moreLondon close: Stimulus hopes drive gains
21st Aug 2012 17:13
- Miners lead the way higher on Tuesday - Central banks in China and Europe expected to act - Glencore-Xstrata merger at risk Hopes of central bank action in Europe and China boosted stocks today with the mining sector benefitting the most from increased risk appetite. Michael Hewson, the senior m
Read moreLondon close: Footsie up, but Eurozone fears limit gains
9th Aug 2012 17:01
- FTSE 100 nudges higher for fifth straight gain - Cooling inflation in China boosts stimulus hopes - ECB cuts growth forecasts London's Footsie swung between gains and losses on Thursday as hopes of Chinese stimulus were offset by concerns about weak growth in the Eurozone; however, the benchmark
Read moreFTSE 100 movers: Standard Chartered continues to rebound
9th Aug 2012 13:07
Under-fire bank Standard Chartered was a high riser as it continues to rebound from its 16 per cent drop on Tuesday on the back of alleged dealings with the Iranian government. Gold miner Randgold Resources jumped after seeing profits surge in the first half of 2012 on the back of a record perform
Read moreLondon midday: Gains erased as ECB cuts GDP forecasts
9th Aug 2012 12:04
- ECB cuts growth expectations - Cooling Chinese inflation boosts stimulus hopes - Footsie pulls back from four-month high After a tentative start on Thursday, London's FTSE 100 swung into the red by lunchtime on concerns over European growth; however losses for the blue-chip index were only modest
Read moreFTSE 100 movers: IAG the biggest of just four fallers
3rd Aug 2012 14:11
While only a handful of stocks were registering losses, airline group IAG dropped after saying that it would fail to achieve its 'break-even' operating target this year after it registered a steep loss in the six months to June 30th as fuel costs jumped and losses at its Spanish airline increased.
Read moreLondon close: Markets tank as Draghi dampens sentiment
2nd Aug 2012 16:48
- Draghi fails to give markets a boost - BoE maintains rates and QE - RBS leads the downside on one-charges, nationalisation rumours Equity markets across Europe tanked on Thursday afternoon in spite of a positive start, after the European Central Bank (ECB) dashed hopes of immediate action to stem
Read moreThursday broker round-up
2nd Aug 2012 10:00
Aggreko: Investec keeps buy rating and 2,520p target. Antofagasta: UBS lifts tagged from 850p to 870p, sell rating unchanged. BAE Systems: Investec maintains hold rating and 290p target. Drax: AlphaValue downgrades to reduce. ENRC: UBS cuts tagged from 640p to 615p, buy rating maintained. Filtr
Read moreFTSE 100 movers: Miners head lower on poor data
1st Aug 2012 15:28
Mining stocks spent the day in the doghouse as China's manufacturing data provided no more encouragement for bulls of the sector than did the UK's. Russian steel giant Evraz turned lower on the data, as did miners Randgold, Vedanta, Fresnillo and ENRC, the last mentioned after a run of the mill pr
Read moreLondon midday: Footsie shrugs off PMI disappointment
1st Aug 2012 11:51
Footsie ended the morning close to its highest level of the day, despite UK manufacturing data giving investors pause for thought earlier on. UK manufacturing production fell at its fastest pace in over two years in July, recording substantial declines in output and new orders. Markit's Purchasi
Read moreAntofagasta on track to hit copper production targets
1st Aug 2012 07:59
Increased production at its Esperanza mine enabled Chilean copper miner Antofagasta to crank up copper production in the second quarter and keep its full year guidance intact. Group copper production was 173,200 tonnes in the second quarter of 2012, a 6.3% increase compared with the previous quarte
Read moreLondon open: Market extends losses on euro worries
24th Jul 2012 08:29
- Footsie continues to fall as Spanish yields rise - Moody's turns 'negative' on Germany, Netherlands and Luxembourg - Miners, banks provide a drag in London - Moody´s criticizes gradualist approach to crisis resolution - Goldman Sachs AM President calls for radical ECB action -BBC UK stocks edged
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