London 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 moreLondon midday: Profit-taking, Ukraine tensions hit UK stocks
28th Aug 2014 12:14
- Ukraine accuses Russia of invasion - Sentiment dampened by ECB uncertainty - CSR jumps on takeover hopes - Xaar plummets on weak guidance techMARK 2,838.91 -0.22% FTSE 100 6,799.21 -0.46% FTSE 250 15,898.75 -0.79% UK stocks retreated from an eight-week high on Thursday as renewed geopolitical te
Read moreLondon open: Miners pull FTSE 100 back from eight-week high
28th Aug 2014 09:13
- Traders uncertain about ECB - CSR jumps on takeover hopes - Xaar plummets after weak H1, outlook - Miners fall, supermarkets mixed techMARK 2,849.12 +0.14% FTSE 100 6,820.18 -0.15% FTSE 250 15,983.18 -0.26% UK stocks were trading lower on Thursday as the FTSE 100 paused for breath after settlin
Read moreLondon close: Stocks end higher after US data beats forecasts
26th Aug 2014 17:07
- FTSE closes up 47.51 at 6,822.76 - UK services growth suffers slowdown - US durable goods jump 22.6% techMARK 2,833.11 +0.35% FTSE 100 6,822.76 +0.70% FTSE 250 15,998.00 +0.74% It was a strong finish to Tuesday's session, with traders keen to keep up with the gains seen amongst global equities d
Read moreFTSE 100 movers: ABF lifted by JPMorgan rating
26th Aug 2014 16:37
Associated British Foods was a top performer on Tuesday after JPMorgan Chase & Co. reiterated its 'overweight' rating on the stock. RSA was higher after Bank of America gave the stock a 'buy' recommendation, up from its previous rating of 'neutral', prompted by a cleaner balance sheet and better m
Read moreLondon close: FTSE ends with slight dip after Yellen speech
22nd Aug 2014 17:25
- FTSE closes down 2.41 points at 6,775.25 - Yellen says still slack in labour market - ECB president due to speak after close techMARK 2,823.22 +0.12% FTSE 100 6,775.25 -0.04% FTSE 250 15,881.08 +0.27% After a relatively quiet day, much of which was spent waiting for a speech from Fed Chair Janet
Read moreFTSE 100 movers: Vodafone continues to rise on bid speculation
22nd Aug 2014 16:08
Telecoms group Vodafone was extending gains made on Thursday on the back of rumours that advisers of US giant AT&T are working on a cash bid worth more than 300p a share, compared with current prices of just over 200p. AT&T ruled out an offer back in January, meaning that it is now free to revisit a
Read moreFTSE 100 movers: Miners slide as Astra gains on bid speculation
21st Aug 2014 18:01
Mining stocks led the downside after metals consumer China disappointed with its manufacturing data and metal prices fell. Fresnillo, Randgold Resources, Anglo American, Rio Tinto and BHP Billiton all fell into the red. BHP was still under pressure in the aftermath of Tuesday's underwhelming plans
Read moreLondon midday: UK stocks advance as investors shrug off weak data
21st Aug 2014 12:01
- Mining stocks fall as Chinese data weakens - Eurozone PMIs and UK retail sales disappoint - US data, Jackson Hole ahead techMARK 2,810.76 +0.50% FTSE 100 6,772.04 +0.25% FTSE 250 15,797.15 +0.31% Falls in the heavyweight mining sector weren't enough to stop the FTSE 100 from advancing on Thursda
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