London close: FTSE ends week on sour note as stocks plunge
11th Apr 2014 16:59
- FTSE ends 80.27 lower at 6,561.70 - Traders may be squaring books ahead of holidays - Poor weather hits Feb UK construction - Osborne says economic recovery vindicates his approach - MPs to move ahead with proposals for all-female short-lists techMARK 2,670.02 -1.82% FTSE 100 6,561.70 -1.21% FTSE
Read moreFTSE 100 movers: Fresnillo escapes the storm after JP Morgan hikes target
11th Apr 2014 14:56
JPMorgan Cazenove has lifted its price target for Fresnillo from 965p to 1,030p and kept an 'overweight' rating, saying it continues to favour the Mexican precious metals producer over sector peer Hochschild ('neutral'). "We estimate Fresnillo should continue to enjoy lower average costs, aided by
Read moreBroker tips: Fresnillo, WH Smith, Cairn Energy, Gambling stocks
11th Apr 2014 12:27
JPMorgan Cazenove has lifted its price target for Fresnillo from 965p to 1,030p and kept an 'overweight' rating, saying it continues to favour the Mexican precious metals producer over sector peer Hochschild ('neutral'). "We estimate Fresnillo should continue to enjoy lower average costs, aided by
Read moreJPMorgan favours Fresnillo over mining peer Hochschild
11th Apr 2014 10:57
JPMorgan Cazenove has lifted its price target for Fresnillo from 965p to 1,030p and kept an 'overweight' rating, saying it continues to favour the Mexican precious metals producer over sector peer Hochschild ('neutral'). "UK silver plays' solid start to 2014 has reversed in recent weeks, as Fresnil
Read moreFriday broker round-up UPDATE
11th Apr 2014 08:49
African Barrick Gold: Numis raises target price from 170p to 260p and upgrades from sell to hold. Antofagasta: Numis downgrades from hold to reduce with a target price of 700p. Ashmore Group: Jefferies ups target price from 375p to 400p and keeps a buy recommendation. JP Morgan lowers target price
Read moreLondon open: Tech stocks drag UK markets lower after Nasdaq sell-off
11th Apr 2014 08:35
- US, Asian weakness flows into UK stocks - Tech stocks hit hard in early trading - Supermarkets edge higher early on techMARK 2,679.00 -1.49% FTSE 100 6,594.42 -0.72% FTSE 250 15,946.60 -1.25% There were just a handful of risers on the FTSE 100 on Friday morning as stocks dropped sharply, trackin
Read moreLondon close: FTSE ends with decent gains
9th Apr 2014 16:59
- FTSE 100 closes up 44.92 points at 6,635.61 - Shop prices plummet as retailers fight for business - February trade data shows UK still struggling to rebalance techMARK 2,730.00 +1.20% FTSE 100 6,635.61 +0.68% FTSE 250 16,163.70 +0.93% UK stocks ended today's session with a decent finish as impro
Read moreSector movers: Industrial metals rally
9th Apr 2014 15:54
Industrial metal stocks rallied after Alcoa posted a better-than-forecast quarterly profit and said it predicts global aluminium demand to grow seven per cent this year. Technology stocks edged higher, led by ARM Holdings, with investors feeling a renewed sense of confidence after the tech-heavy N
Read moreLondon midday: Stocks at two-week low as Sports Direct and grocers fall
8th Apr 2014 11:52
- FTSE 100 at lowest since March 24th - Ukraine tensions flare up - US stocks fall ahead of Q1 earnings season - Sports Direct sinks on Ashley share sale, grocers fall techMARK 2,697.79 -1.18% FTSE 100 6,559.14 -0.96% FTSE 250 16,015.95 -1.52% UK stocks fell one per cent by Tuesday lunchtime, tra
Read moreLondon open: Sports Direct leads markets lower, Ukraine tensions weigh
8th Apr 2014 08:31
- Ukraine tensions running high - Wall Street sell-off continues ahead of Q1 earnings - BoJ holds steady despite tax hike - Sports Direct slumps, miners gain techMARK 2,725.79 -0.16% FTSE 100 6,609.27 -0.20% FTSE 250 16,217.75 -0.28% Growing tensions in Ukraine pushed UK stocks lower on Tuesday mo
Read moreLondon close: FTSE ends week on positive note as insurers rise
4th Apr 2014 16:59
- US non-farm payrolls up 192,000 in March - UK car registrations rise to best level in a decade - Insurers recover after recent falls techMARK 2,770.41 -0.01% FTSE 100 6,695.55 +0.70% FTSE 250 16,433.67 +0.52% UK stocks ended the week on a buoyant note, although below the 6,700 level surpassed ea
Read moreFTSE 100 movers: Insurers lead upside after recent falls
4th Apr 2014 14:43
Insurance groups RSA, Resolution and Aviva all made decent gains, bucking the trend of recent times, hit by both the Budget statement and the Financial Conduct Authority's plans to review old insurance policies. Pearson was higher after Jefferies upgraded the publisher to 'buy' and raised its targ
Read moreSector movers: Miners drop as Chinese stimulus underwhelms, metals fall
3rd Apr 2014 15:24
Mining stocks were falling on Thursday afternoon after an underwhelming 'mini-stimulus' package from top metals consumer China designed to prevent an economic slowdown. The stimulus measures included a tax cut for small businesses and higher funding for more low-income housing and infrastructure.
Read moreLondon close: Markets may be underestimating deflation risks in euro area
2nd Apr 2014 17:15
- Stocks extend three-week high - ECB, US data ahead - Antofagasta unharmed by Chile quake techMARK 2,782.92 -0.04% FTSE 100 6,659.04 +0.10% FTSE 250 16,415.96 +0.05% The Footsie ended the day slightly in the blue after the release of largely in-line data on US manufacturing orders alongside a sli
Read moreSector movers: Miners track metals prices higher, Antofagasta gains
2nd Apr 2014 16:12
Mining stocks were performing well on Wednesday as metal prices gained across the board. Copper prices were higher on speculation that an 8.2 magnitude earthquake in Chile, the biggest producer of the metal in the world, could negative affect supplies. Tsunami alerts were triggered from Chile to
Read more