London midday: FTSE 100 nears one-month high
10th Sep 2013 11:39
Receding fears about a potential US military strike on Syria and decent data from China lifted UK stocks on Thursday morning, with the FTSE 100 rising to levels not seen in nearly a month. London's benchmark index was up 0.8% at 6,581.91 by midday; the last time it closed higher was on August 14th
Read moreLondon open: Stocks rise on Syria developments, China data
10th Sep 2013 08:39
Stocks jumped strongly on Tuesday morning following a decent finish on Wall Street the night before on the back of easing concerns about a potential US strike on Syria. US benchmarks rose by an average 1% on Monday after Russian Foreign Minister Sergei Lavrov urged Syria to place any chemical weapo
Read moreLondon close: Markets choppy after US data, Putin comments
6th Sep 2013 16:29
A disappointing US jobs report and comments from Vladimir Putin sparked a choppy end to trade on Friday, resulting in meagre gains on the FTSE 100 as risk appetite was scaled back before the weekend. The FTSE 100 ended the day up just 14.89 points at 6,547.33, a rise of 0.23%. Still, this was the h
Read moreFTSE 100 movers: Tullow Oil shares jump on oil discovery
6th Sep 2013 15:05
Shares in Tullow Oil leapt after it was revealed that the Wisting Central exploration well had made the first ever oil discovery in the Hoop-Maud Basin in the Barents Sea offshore Norway. Tullow Oil owns a 20% stake in the licence where the oil was found. Airline group easyJet was continuing to re
Read moreLondon midday: Markets rangebound ahead of US jobs report
6th Sep 2013 11:29
The FTSE 100 was rangebound on Friday morning as traders scaled back their appetite for risk ahead of the US jobs report due out this afternoon. London's benchmark index was trading far off Thursday's close of 6,532.4 with just 21 points separating its intraday low (6,520) and high (6,541). "We'r
Read moreLondon open: Stocks fall as investors await US non-farm payrolls
6th Sep 2013 08:23
Stocks opened broadly lower on Friday morning with investors refraining from building positions ahead of the all-important US jobs report due out this afternoon, seen as a deciding factor in the Federal Reserve's impending withdrawal of stimulus. US data released Thursday threw more weight behind t
Read moreFriday tips round-up: British Land, easyJet, AG Barr
6th Sep 2013 07:51
Despite having fallen by almost 17 per cent since their May highs shares of British Land are not cheap nor is this the time to buy them, rather the opposite. That is, above all, because of the significant shift witnessed in some of the main pillars underpinning the British property market as credit
Read moreLondon close: FTSE 100 at three-week high after policy meetings
5th Sep 2013 17:03
A host of central-bank policy meetings, a dovish tone from Mario Draghi and the continued improvement in US economic data helped lift stocks higher on Thursday, with the FTSE 100 closing at levels not seen in three weeks. London's benchmark index ended the day up 57.7 points at 6,532.44, its highes
Read moreLondon midday: Stocks trim gains, BoE holds rates
5th Sep 2013 11:27
After a strong start for UK stocks, the FTSE 100 pared gains by lunchtime as nervousness set in ahead of a number of risk events that have the potential to spark some volatile moves on financial markets. Risk appetite was also scaled back ahead of the G20 meeting which begins in St Petersburg today
Read moreLondon open: Stocks surge ahead of BoE, ECB meetings
5th Sep 2013 08:13
The FTSE 100 jumped strongly in early trading on Thursday as investor risk appetite increased ahead of policy decisions from the Bank of England (BoE) and the European Central Bank (ECB) later on. The Bank of Japan meeting overnight was "a bit of a non-event", according to Market Analyst Craig Erla
Read moreThursday broker round-up UPDATE
5th Sep 2013 08:03
AMEC: Nomura reduces target price from 1300p to 1230p, while reiterating its buy recommendation. Antofagasta: Exane cuts target price from 1200p to 1100p maintaining an outperform rating. Ashtead Group: JP Morgan shifts target price from 729p to 734p and keeps a neutral rating. Associated British
Read moreLondon pre-open: Stocks to rise ahead of central bank meetings
5th Sep 2013 07:35
UK stocks are expected to open with moderate gains on Thursday morning following a decent finish on Wall Street last night, as investors await two important policy decisions from the Bank of England (BoE) and the European Central Bank (ECB) later on. The Bank of Japan meeting overnight was "a bit o
Read moreeasyJet passenger numbers rose in August
5th Sep 2013 07:08
easyJet reported rising passenger numbers and an increased load factor for August. Passenger numbers increased 3.9% to 6,101,344 from a year ago. Load factor, or passengers per available seats, rose 1.1 percentage point to 92.8%, the budget airline said in a statement. easyJet posted its improved
Read moreLondon close: Stocks higher after late rally ahead of risk events
4th Sep 2013 16:37
The FTSE 100 managed to rally in afternoon trade on Wednesday to finish in positive territory after a strong start on Wall Street, though gains were only modest ahead of several key 'risk events' which have the potential to spark market volatility. It is set to be a busy end to the week with centra
Read moreAirlines hit by Ryanair profit warning, but IAG rallies on strong August traffic
4th Sep 2013 15:30
Stocks in the airline sector were hit hard by a trading update from Ryanair on Wednesday after a gloomy outlook from Europe's largest budget airline prompted investors to take profits following a strong performance by equities so far this year. International Airlines Group (IAG) however managed to
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