Sector movers: Mining stocks track metal prices lower
19th Sep 2014 14:11
Mining stocks didnt join in with the post-Scottish referendum euphoria on Friday with share prices in the sector down an average 0.6% in afternoon trade. A broad sell-off of commodity prices was weighing on stocks during the session, with gold in particular trading near an eight-month low as the dol
Read moreLondon open: UK stocks rise as Scots vote 'no' to independence
19th Sep 2014 08:22
UK stocks staged a relief rally on Friday morning in the aftermath of the Scottish referendum, which saw people north of the border vote convincingly to remain part of the Union. Some 55.3% of Scots voted 'no' to independence from the UK while 44.7% voted 'yes', erasing concerns about a break-up whi
Read moreSector movers: Precious metal miners fall as gold sinks after FOMC
18th Sep 2014 14:11
Heavy falls in the prices of gold and silver saw precious metal miners drop on Thursday after the Federal Reserve lifted its outlook for interest rates. While the Federal Open Market Committee on Wednesday maintained its pledge to keep short-term interest rates near zero for a "considerable time" af
Read moreLondon midday: Scottish stocks lead gains ahead of crucial referendum
18th Sep 2014 11:43
After a slow start, London stocks advanced on Thursday with the FTSE 100 bouncing off its lowest levels in nearly a month, as companies based north of the border advanced with the focus firmly on the Scottish referendum. The benchmark Footsie index was trading 0.4% higher at 6,811 by noon. Three str
Read moreLondon open: FTSE fluctuates at one-month low as markets await Scottish vote
18th Sep 2014 08:31
UK stocks opened broadly flat on Thursday as investors digested comments from the Federal Reserve and showed caution ahead of the Scottish referendum. London's FTSE 100 was down 0.06% at 6,777 in early deals, fluctuating at its lowest levels in nearly a month. The index closed the previous session a
Read moreFTSE 100 movers: Barclays jumps after appointing new chairman
12th Sep 2014 16:15
Barclays jumped on the news it has appointed John McFarlane as chairman to replace David Walker, who will step down following the bank’s annual general meeting in 2015. McFarlane, who is currently chairman of Aviva and FirstGroup, will take on the role on 1 January. Engineer GKN was boosted by
Read moreLondon midday: Stocks gain but Scottish uncertainty limits upside
12th Sep 2014 12:12
UK stocks were making gains on Friday as investors shrugged off weak construction data and picked up some bargains after equity markets hit a three-week low the previous session. London's FTSE 100, which has traded within a tight range for the whole week, was 0.2% higher at 6,815 by midday after clo
Read moreLondon open: UK stocks bounce off three-week low but gains limited
12th Sep 2014 08:51
UK stocks edged higher on Friday but choppy trading continued with investors concerned about the potential impact from a 'yes' vote on Scottish independence next week. Supermarket stocks were among the best performers as Morrisons extended gains made the previous session, while banks advanced, thoug
Read moreLondon pre-open: FTSE to open above 6,800
12th Sep 2014 07:43
London-listed stocks look set for a modest rise on Friday morning, following a mixed performance by global indices overnight. City sources predict the FTSE 100 will open around five points higher than Thursday's close of 6,799.62. US equity markets ended broadly flat after erasing early losses, wit
Read moreFresnillo to buy out Newmont in Mexican gold joint venture
12th Sep 2014 07:10
Precious metals miner Fresnillo has proposed to spend $450m on buying out its joint venture (JV) partner to take full ownership of certain assets in the Herradura Corridor, one of Mexico's most prospective gold belts. The company already owns 56% of the Penmont JV but has offered to purchase Newmont
Read moreLondon midday: Miners pull UK stocks lower after weak Chinese data
11th Sep 2014 11:56
Weakness in the heavyweight mining sector pushed UK equity markets into the red on Thursday, outweighing a decent performance by financial stocks. Underwhelming interim results from the likes of Morrisons and Next were also weighing on sentiment in London. The FTSE 100 was trading 0.4% lower at 6,8
Read moreLondon midday: FTSE erases losses as Kingfisher and Barratt gain
10th Sep 2014 11:50
London's FTSE 100 had erased earlier losses and was trading in positive territory by Wednesday lunchtime, helped by decent gains from Kingfisher, Barratt Developments and precious metal stocks. However, upside was being limited by falls from Sports Direct and a host of blue chips that went ex-divide
Read moreFTSE 100 movers: BP recovers after yesterday's slump
5th Sep 2014 15:31
BP regained some of Thursday's heavy losses which came after it was found negligent in the 2010 Gulf of Mexico disaster. Oil and gas group Tullow Oil rose slightly on the news that is to sell its interests in two blocks offshore Netherlands for €62.7m (£50m) as it continues to shed off its gas asset
Read moreLondon open: Stocks fall as investors turn cautious ahead of US non-farm payrolls
5th Sep 2014 08:28
The FTSE 100 was trading 0.1% lower at 6,869 in early trading. The Footsie edged higher on Thursday to close at 6,877.97, its highest finish since 14 May when it settled at 6,878.49. Nevertheless, during the session the index reached a high of 6,904.86, its highest intraday level since the record 6
Read moreLondon open: Stocks slip on Chinese data, Ukraine tensions
1st Sep 2014 09:11
- Chinese manufacturing PMIs disappoint - Ukraine tensions high after Putin calls for "statehood" - Perform shares jump on Access Industries offer techMARK 2,857.65 +0.23% FTSE 100 6,811.96 -0.11% FTSE 250 15,922.03 +0.23% Weak economic data from China and ongoing geopolitical tensions in Ukraine
Read more