FTSE 100 movers: Gold stocks shine
25th Jul 2011 11:40
Gold production companies Fresnillo and Randgold were among the top risers in the FTSE 100 after the price of gold increased. Fresnillo was the biggest mover seeeing its share price rise 2.74% to 1,727.00p. Randgold Resources did less well but its shares were still up 1.16% to 5,660p. The price o
Read moreLondon close: Footsie closes higher, despite afternoon sell-off
22nd Jul 2011 16:31
After a solid start on the back of positive developments in Europe, the Footsie trimmed gains in the afternoon as investors looked to lock in profits following a strong finish on Thursday. Despite touching as high as the 5,967 level before midday, the Footsie steadily declined to close at 5,935. Me
Read moreLondon midday: Banks in front as rally continues
22nd Jul 2011 12:21
Stocks are going strong after this morning's gains, with banks prominent among the risers, continuing their advance following the eurozone deal yesterday. Barclays, RBS and Lloyds are posting good gains. However, today's standout stock is easyJet, with the budget airline up 15% after saying it exp
Read moreLondon open: Banks keep rising, easyJet takes off
22nd Jul 2011 08:28
Stocks have continued rising following yesterday's Eurozone agreement, with banks unsurprisingly in the vanguard of the advance. Barclays, RBS and Lloyds are the top three risers in the FTSE 100. However, today's standout stock is easyJet, with the budget airline up 15% after saying it expects ful
Read moreLondon close: European hopes boost Footsie back to 5,900
21st Jul 2011 16:34
London equities rallied to a strong finish - recouping the losses experienced over the last week - on hopes of a solution to the sovereign debt crisis in Europe. At midday, shares offset early losses as reports surfaced that Europe's leaders have agreed on a new aid package for Greece and an overh
Read moreSector movers: Big gains for banks
21st Jul 2011 15:43
Financials were leading the way on Thursday on hopes of a solution to the sovereign debt crisis in Europe. European leaders agreed a new aid package for Greece and an overhaul of the Eurozone sovereign rescue fund. Among the proposals are a reduction in debt burdens on Greece, Portugal and Ireland
Read moreFTSE 100 movers: Financials soar on Eurozone hopes
21st Jul 2011 15:02
Financials were leading the recovery on Thursday afternoon following a fall earlier in the day, on hopes of a solution to the sovereign debt crisis in Europe. European leaders agreed a new aid package for Greece and an overhaul of the Eurozone sovereign rescue fund. Among the proposals are a reduct
Read moreLondon close: Debt hopes boost markets
20th Jul 2011 16:39
Shares moved higher on both sides of the Atlantic amid hopes that European and US leaders are making progress towards agreeing solutions to debt problems. It was US corporate news that boosted today's star sector in London though. Chip companies ARM Holdings and Imagination Technologies sizzled aft
Read moreFTSE 100 movers: Barclays leads banks higher
20th Jul 2011 14:05
The banks were leading the Footsie higher on Wednesday afternoon, with Barclays, RBS and Lloyds recouping some of the week's earlier losses. Barclays was the highest riser, gaining 4.54%, but still remains around 3% down over the last seven days. ARM Holdings was in demand with the chip company bo
Read moreLondon midday: Chip stocks sizzle as Apple impresses
20th Jul 2011 12:16
Shares are posting strong gains today as the spotlight moves from Europe's debt woes to the US, where traders are optimistic lawmakers will reach agreement on cutting the world's biggest economy's deficit. Chip companies ARM Holdings and Imagination Technologies in particular are taking their lead
Read moreLondon open: Miners jump higher in early trading
20th Jul 2011 08:42
After a strong finish on Wall Street last night - with the Dow Jones having its best day of the year so far - the Footsie opened up nearly 0.5% higher. Mining giant BHP Billiton was a high riser after it was able to achieve another iron ore output record in the year ended 30 June, its eleventh cons
Read moreLondon close: Banks recover as Footsie gains 0.65%
19th Jul 2011 16:29
The banking sector was winning back investor confidence on Tuesday as shares sharply rebounded, lifting the top share index close to the 5,800 level. Lloyds, RBS and Barclays were in demand, following the sector sell-off yesterday on the back of concerns over the softness of last week's European ba
Read moreFTSE 100 movers: Banks, miners drive Footsie higher
19th Jul 2011 16:10
Lloyds, RBS and Barclays were in demand, following the sector's sell-off yesterday on the back of concerns over the softness of last week's European banking stress tests. Lloyds was the high riser of the day, after announcing that it is aggregating the wholesale markets, treasury and trading, trans
Read moreFTSE 100 movers: Stress tests provide concern for banks
18th Jul 2011 13:55
The banks were the heavy fallers on Monday, as the results of Friday's stress tests on the Europe's banks were seen as too soft. Markets across the continent were disappointed with the tests, with reports from Bloomberg saying that European banks may need to raise up to €80bn of extra capital after
Read moreLondon midday: Stress test results cast shadow
18th Jul 2011 12:15
Stocks are firmly in the red after Friday's European Banking stress tests. Eight European banks failed stress tests drawn up by the European Banking Authority (EBA). Five Spanish banks - Catalunya Caixa, Pastor, Unnim, Caja3 and CAM - and two from Greece - ATEbank and EFG Eurobank - were deemed not
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