London afternoon: Footsie stuck in the red
19th Nov 2009 14:06
Footsie is bumbling along close to its low for the day ahead of what is expected to be a weak start on Wall Street. Futures point to falls of anything between 50-70 points for the Dow when US trading starts, with weak metal prices likely to be a key theme. Here, lower metals have already hit the
Read moreLondon noon: Miners drag Footsie down
19th Nov 2009 12:00
Barely a fifth of the FTSE 100 constituents are in positive territory, but the fall on the blue-chip index is still modest, given the weakness of miners. With metals prices softening, the likes of Antofagasta, Anglo American, Xstrata, Randgold Resources, Rio Tinto and Vedanta are on the slide, as i
Read moreLondon open: Miners lead Footsie lower
19th Nov 2009 08:19
Miners are leading London's top stocks lower in early dealings on Thursday, while investors also have a stream of company updates to consider. Nine out of the ten worst performers are miners. Fresnillo, Xstrata, Antofagasta, Rio Tinto, Anglo American, Vedanta Resources, Eurasian Natural Resources,
Read moreStrong order book cheers Chemring
19th Nov 2009 07:50
Military decoy specialist Chemring reported a strong order book and said the outlook for 2010 remains in line with expectations. The order book stands at £559m, a rise of 37% since October last year. It said the acquisition of Niitek, a detection systems group, has 'proved particularly successful'
Read moreLondon close: Footsie puts on late spurt
5th Oct 2009 17:16
Having been lethargic all day leading shares put on a late spurt in London, after receiving a transatlantic boost in the form of better than expected data from the US services sector. Miners featured prominently among the top performers, helped by bullish comment from Royal Bank of Scotland (RBS).
Read moreLondon afternoon: Footsie eases into the red
5th Oct 2009 13:45
The Footsie dipped into the red over the lunch-time session but it was a very shallow dip, with leading shares mixed and mostly sticking close to overnight levels. Life insurer Aviva is the heaviest faller in the FTSE 100 after it confirmed it is to sell a minority stake in its Dutch insurance bus
Read moreSector movers: Diamond stocks sparkle
5th Oct 2009 08:23
Diamond miners are sparkling after two companies in the sector said they had received expressions of interest. Kopane Diamonds, which mines for the gemstones in Lesotho and is up 11%, has entered into an exclusivity agreement with a potential investor in its Liqhobong mine. The potential investor h
Read moreLondon pre-open: Heading higher
5th Oct 2009 07:22
Expect a partial recovery from Friday's sell-off as investors, looking as higher US futures prices, continue to buy on the dips. London is set to start about 20 points higher, according to City sources, while early indications are that Wall Street will add about the same when it opens later. Over
Read moreChemring wins lucrative US flares deal
5th Oct 2009 07:04
Military decoy specialist Chemring will supply the US Department of Defense with a range of decoy flares in a five-year deal worth up to $804m (£502m). The firm's US unit Kilgore Flares will provide its M206, MJU-7A/B, and MJU-10/B infra-red (IR) flares under an IDIQ (indefinite delivery/indefinite
Read moreGrid finance chief sells again
24th Sep 2009 17:14
Gas and electricity network operator National Grid has sailed through the turbulence of the past year relatively unscathed. The share price now is still lower than this time in 2008, but has bounced strongly since April and finance director Steve Lucas is taking advantage to sell his second chunk
Read moreLondon close: Footsie winning streak continues
18th Sep 2009 16:38
London's rising streak continued but it was a bit of a struggle with the absence of economic news and a flat start on Wall Street keeping activity at low levels. Banks provided what little excitement there was, with Lloyds Banking, RBS, HSBC and Barclays the most widely traded blue-chips, with the
Read moreLondon afternoon: Shares remain becalmed
18th Sep 2009 13:28
Banks are providing what little excitement there is in the market today, with Lloyds Banking, RBS, HSBC and Barclays the most widely traded blue-chip, with the exception of Vodafone. Despite the number of shares changing hands part-nationalised bank Lloyds Banking Group is little changed, down less
Read moreLondon midday: Shares lack direction
18th Sep 2009 12:23
Leading shares still lack direction with the constituents of the FTSE 100 virtually evenly divided between risers and fallers while the index itself is little changed. Part-nationalised bank Lloyds Banking Group is attracting plenty of comment after it confirmed it is in talks with the government
Read moreLondon open: Flat start as markets catch breath
18th Sep 2009 08:44
Footsie has made a slow start after Wall St paused for breath overnight on concerns the recent equity market surge may have got ahead of itself. Part-nationalised bank Lloyds Banking Group is making the headlines. It has confirmed talks with the government about changes to the terms of it joining a
Read moreLondon pre-open: Footsie to slip back
18th Sep 2009 07:46
Footsie is expected to fall in early dealings after posting more gains yesterday. Part-nationalised bank Lloyds Banking Group has confirmed it is in talks with the government about changes to the terms of its possible participation in the government asset protection scheme (GAPS). Lloyds is also mu
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