London midday: Stocks gain momentum ahead of ECB and non-farm payrolls
3rd Jul 2014 11:22
- ECB, US jobs data in focus this afternoon - UK and Eurozone services PMIs weaken - Balfour Beatty disappoints as Engineering Services worsens - Antofagasta rises on shake-up plans in Chile techMARK 2,848.70 +0.57% FTSE 100 6,851.75 +0.52% FTSE 250 15,998.50 +0.64% The FTSE 100 was putting in dec
Read moreLondon open: Stocks edge higher ahead of key data
2nd Jul 2014 09:21
- Markets await US data, Yellen speech - Services data, ECB meeting and non-farm payrolls due out Friday - Mothercare jumps after Destination Maternity bid techMARK 2,838.22 +0.20% FTSE 100 6,821.55 +0.27% FTSE 250 15,914.05 +0.46% UK stocks edged higher on Wednesday morning though upside was limi
Read moreLondon close: Miners surge, analysts now see more hawkish Fed
1st Jul 2014 16:59
- FTSE closes up 58.98 points at 6,802.92 - Miners surge, Royal Mail hit by broker comment - UK, Chinese, US PMIs showed improvement techMARK 2,832.56 +0.54% FTSE 100 6,802.92 +0.87% FTSE 250 15,840.87 +0.75% The mining sector lifted the FTSE to a strong finish today, with the sector driven higher
Read moreFTSE 100 movers: Chinese PMI drives mining sector higher
1st Jul 2014 16:35
A decent set of manufacturing figures from China helped drive the mining sector higher as investors turned bullish on the outlook for demand. The National Bureau of Statistics said that the official Chinese manufacturing purchasing managers' index (PMI) edged higher from 50.8 in May to 51.0 last mo
Read moreSector movers: Chinese manufacturing PMI boosts mining stocks
1st Jul 2014 14:44
Upbeat manufacturing data from top metals user China gave UK mining stocks a big lift on Tuesday as investors turned bullish on the outlook for demand. The National Bureau of Statistics said that the official Chinese manufacturing purchasing managers' index (PMI) edged higher from 50.8 in May to 51
Read moreLondon midday: Stocks rise as global manufacturing improves
1st Jul 2014 12:06
- China, UK manufacturing PMIs show improvement - Eurozone manufacturing PMI at seven-month low - Mining stocks rise strongly - St. Modwen impresses, Ocado disappoints techMARK 2,825.76 +0.30% FTSE 100 6,780.32 +0.54% FTSE 250 15,798.59 +0.48% Improving manufacturing activity in the UK and China g
Read moreLondon open: Upbeat China data gives markets a boost
1st Jul 2014 08:18
- Chinese manufacturing at six-month high - Global manufacturing PMIs in focus - Ukraine ends ceasefire with rebels techMARK 2,821.23 +0.13% FTSE 100 6,773.37 +0.44% FTSE 250 15,734.94 +0.07% UK equity markets rose strongly on Tuesday morning as upbeat manufacturing data from China gave the heavyw
Read moreLondon close: easyJet leads lower after choppy session
30th Jun 2014 16:59
- FTSE 100 closes down 13.83 points at 6,743.94 - Diageo/SABMiller rumours provide lift - easyJet leads fallers after broker comment - Cable ends the day atop 1.71 techMARK 2,817.43 -0.02% FTSE 100 6,743.94 -0.20% FTSE 250 15,723.56 +0.27% After a turbulent session it was ultimately a downbeat fin
Read moreLondon open: LSE and bwin.party lead stocks higher, Barclays slumps
26th Jun 2014 08:40
- LSE jumps after $2.7bn purchase of Frank Russell - bwin.party surges on sale rumours - Barclays facing allegations of fraud - Carney in focus amid housing market concerns techMARK 2,802.08 +0.47% FTSE 100 6,743.00 +0.14% FTSE 250 15,529.44 +0.49% Strong gains from London Stock Exchange (LSE), bw
Read moreFTSE 100 movers: InterCo Hotels climbs on bid speculation
23rd Jun 2014 15:52
Shares in InterContinental Hotels Group was near record levels - and technical resistance - with brokers still citing takeover speculation in their reports to clients as the main catalyst behind the recent rise in the stock. Deutsche Bank helped lift BG Group after it reitered its 'buy' recommenda
Read moreLondon close: Stocks in holding pattern, watching Middle East and Ukraine
20th Jun 2014 16:59
- Slight rise in the FTSE 100 - Shire jumps after rejecting £27bn AbbVie proposal - TSB rises strongly after IPO - Iran still in the spotlight as Obama sends advisers techMARK 2,860.98 +1.67% FTSE 100 6,825.20 +0.25% FTSE 250 15,791.42 +0.69% UK stocks ended the day slightly higher as investors
Read moreFTSE 100 movers: Shire leaps after rejecting bid from AbbVie
20th Jun 2014 15:32
Shares in Shire surged after the pharmaceutical group rejected a £27bn takeover approach by AbbVie, saying it "fundamentally undervalued" the company and its prospects. Panmure Gordon hiked its target price for the stock on Friday, saying that the AbbVie's proposal was "barely adequate". The broke
Read moreLondon midday: Stocks rise as M&A boosts Shire, TSB jumps on debut
20th Jun 2014 11:39
- FTSE 100 at one-week high - Shire jumps after rejecting £27bn AbbVie proposal - TSB rises strongly after IPO - Iran still in the spotlight as Obama sends advisers techMARK 2,849.46 +1.26% FTSE 100 6,827.82 +0.29% FTSE 250 15,761.52 +0.49% UK stocks were making gains on Friday as yet more M&A fev
Read moreLondon open: Shire leads FTSE higher as investors eye Iraq
20th Jun 2014 08:43
- Shire jumps after £27bn AbbVie approach - Mining stocks rise - Obama sends 300 military advisers to Iraq techMARK 2,851.07 +1.31% FTSE 100 6,827.84 +0.29% FTSE 250 15,745.93 +0.40% A strong performance from mining stocks and more M&A activity in the pharmaceutical sector gave UK markets a boost
Read moreFTSE 100 movers: Shire rises on reports of bid preparation
17th Jun 2014 15:37
Pharmaceutical group Shire was making gains after Reuters reported that it has hired investment bank Citi as an advisor as it braces itself for takeover bids. The company's Irish tax base and its mid-sized market value of £22bn makes it a prime acquisition target, analysts told the news agency. Whi
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