Sector movers: Weak Asian data weighs on mining stocks, copper prices
10th Mar 2014 14:47
Mining stocks were under the weather on Monday as copper prices slumped after disappointing economic data from Asia dampened the outlook for demand. China registered a surprise trade deficit in February and a sharper-than-expected slowdown in consumer price inflation, pushing copper as much as 2.8%
Read moreLondon midday: Stocks edge higher despite weak Asian data
10th Mar 2014 11:40
- Mining stocks pare losses after Asian data - China registers surprise trade deficit - Japan GDP revised lower - Vodafone raising offer for Ono, reports say techMARK 2,863.88 +0.14% FTSE 100 6,724.00 +0.17% FTSE 250 16,590.48 +0.19% UK markets edged higher on Monday as bargain hunters stepped in
Read moreLondon open: Markets flat as miners fall after poor data from Asia
10th Mar 2014 08:17
- China registers surprise trade deficit, CPI eases - Japan GDP revised lower - Mining stocks limit upside for FTSE - Mondi upgraded to 'buy' by Citigroup techMARK 2,863.34 +0.12% FTSE 100 6,716.76 +0.06% FTSE 250 16,578.93 +0.12% UK markets opened broadly flat on Monday morning after a surprise t
Read moreLondon close: Ukraine concerns drive stocks firmly lower
7th Mar 2014 16:59
- FTSE closes down 76 points - Ukraine continues to dent confidence - Copper prices hit by China worries techMARK 2,859.92 -0.95% FTSE 100 6,712.67 -1.12% FTSE 250 16,559.45 -0.67% UK stocks ended the week on a sour note, dragged lower by concerns surrounding Ukraine and Russia, together with fall
Read moreFTSE 100 movers: Aviva rises after brokers hike target price
7th Mar 2014 14:33
Insurance group Aviva continued to rise after analysts at Barclays and JPMorgan lifted their price targets for the stock today. Yesterday saw the share price soar as investors celebrated a better-than-expected set of 2013 results after its turnaround under Chief Executive Mark Wilson delivered encou
Read moreLondon midday: Stocks pare losses as investors await US non-farm payrolls
7th Mar 2014 11:43
- Markets await non-farm payrolls - 150k gain expected by analysts, jobless rate to hold steady - Broker comments move stocks amid lack of earnings - Heavyweight miners fall techMARK 2,880.97 -0.22% FTSE 100 6,780.62 -0.12% FTSE 250 16,648.67 -0.14% UK markets had trimmed earlier losses by Friday
Read moreFriday broker round-up UPDATE
7th Mar 2014 09:39
AGA Rangemaster: N+1 Singer ups target price from 175p to 192p and maintains a buy recommendation. Aggreko: JP Morgan lowers target price from 1542p to 1536p and maintains a neutral rating. Goldman Sachs increases target price from 1876p to 1950p and keeps a buy recommendation. Numis upgrades to re
Read moreFTSE 100 movers: Aviva rises after 2013 results impress
6th Mar 2014 14:49
Shares in insurer Aviva soared after investors celebrated a better-than-expected set of 2013 results as its turnaround under Chief Executive Mark Wilson saw encouraging progress. Operating profits rose 6% year-on-year to £2,049m, some 3% ahead of the consensus estimate of £1,988m. Panmure Gordon w
Read moreThursday broker round-up UPDATE
6th Mar 2014 09:10
Advanced Medical Solutions: Investec ups target price from 97p to 121p and keeps a buy recommendation. African Barrick Gold: Investec increases target price from 132p to 206p, but still recommends selling. Arcontech: Northland shifts target price from 0.20p to 0.24p and keeps a buy recommendation.
Read moreSector movers: Housebuilders, miners lead the fallers
5th Mar 2014 14:52
Construction and housing stocks were hit by cautious comments from analysts on Wednesday, while miners were dampened by concerns over growth targets from top metals consumer China. Credit Suisse weighed on sentiment in the housebuilding sector today after downgrading its rating for the category fro
Read moreWednesday broker round-up UPDATE
5th Mar 2014 10:02
Abcam: Investec reduces target price from 552p to 480p and reiterates its buy recommendation. Numis upgrades from hold to buy with a target price 510p. Advanced Medical Solutions: Canaccord Genuity shifts target price from 94p to 101p and keeps a hold recommendation. African Barrick Gold: Nomura r
Read moreLondon close: Strong performance by stocks as Ukraine tensions ease
4th Mar 2014 16:49
- Stocks soar as sentiment improves over Ukraine - Fresnillo dives as Ashtead leads risers - UK construction PMI below forecasts techMARK 2,921.25 +2.42% FTSE 100 6,823.77 +1.72% FTSE 250 16,698.90 +1.98% UK stocks soared back into positive territory in today's session, erasing all of yesterday's
Read moreFTSE 100 movers: Fresnillo hit by profit drop, Ashtead soars
4th Mar 2014 14:32
The picture on the FTSE was almost the reverse image of yesterday, with Fresnillo and Randgold Resources firmly lower as they tracked metal prices back into the red after rising strongly on Monday, when a reduction in risk appetite pushed investors towards safe-haven assets. Fresnillo in particular
Read moreBroker tips: Royal Mail, Glencore Xstrata, Fresnillo, Ashtead
4th Mar 2014 12:12
The share price of postal and delivery service firm Royal Mail was trading lower on Tuesday after Credit Suisse initiated coverage of the stock with an 'underperform' rating. The Swiss bank has set a target price of 530p, indicating 12% downside potential to current prices. "And for multiples in li
Read moreFresnillo trading on demanding multiples, says Sanlam Securities
4th Mar 2014 11:33
Gold and silver miner Fresnillo was under heavy selling pressure on Tuesday after the company failed to meet analysts' forecasts with its annual results for last year. Equity Analyst Charlie Long from Sanlam Securities said that after 2012, "2013 was a very difficult year with almost all metrics do
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