Fresnillo reports rise in silver output despite 'challenging' second half
28th Jan 2014 07:28
- Annual silver output rises but falls quarterly - Annual and quarterly gold output declines - Stoppage at Soledad-Dipolos expected through 2014 Fresnillo reported a 4.3 per cent rise in annual attributable silver production of 42.7m ounces in the quarter through December 2013, ahead of the 41m-ou
Read moreLondon close: Market sell-off leaves FTSE 100 at one-month low
24th Jan 2014 17:05
- Markets at lowest level since December 20th - EM currency weakness hits risk appetite - Aberdeen sinks sharply on EM worries after broker downgrade techMARK 2,789.84 -1.34% FTSE 100 6,663.74 -1.62% FTSE 250 15,703.44 -1.73% The FTSE 100 suffered triple-digit falls on Friday, dropping to levels n
Read moreFTSE 100 movers: Aberdeen dives after rating downgrade
24th Jan 2014 14:31
Fund manager Aberdeen fell sharply in today's session after receiving a ratings downgrade by Morgan Stanley to 'underweight'. The bank said that a deteriorating fund performance compounds challenging emerging-market fundamentals, 'increasing the risk of negative revisions and a further multiple de-r
Read moreLondon close: Stocks sink sharply after global data comes in mixed
23rd Jan 2014 16:35
- Chinese manufacturing in contraction - Data from US comes in mixed - Pearson, easyJet, Petrofac and ARM fall techMARK 2,827.81 -0.71% FTSE 100 6,773.28 -0.78% FTSE 250 15,980.13 -1.03% Mixed economic figures from across the globe weighed heavily on stocks on Thursday, with UK markets retreating
Read moreFTSE 100 movers: Pearson sinks on disappointing update
23rd Jan 2014 14:59
Publishing and education company Pearson was the day's biggest faller after admitting that its trading and financial performance for 2013 was 'weaker than expected', particularly in North America. The Financial Times owner also gave a cautious outlook for 2014, saying that trading conditions were 's
Read moreFTSE 100 movers: Intertek jumps on readacross from SGS
21st Jan 2014 15:09
Intertek, a provider of testing and safety solutions, jumped as a result of readacross from its sector peer, Swiss firm SGS, which posted upbeat full-year results. Consumer products group Unilever was also high riser today after reporting underlying sales growth of 4.3% for 2013, helped by strong
Read moreLondon open: FTSE 100 closing in on record high after positive start
21st Jan 2014 08:37
- FTSE 100 surpasses last year's closing high - Chinese central bank eases cash squeeze - Unilever impresses with 2013 results - Miners fall as Goldman adjusts metal price forecasts techMARK 2,861.62 +0.28% FTSE 100 6,846.21 +0.14% FTSE 250 16,240.35 +0.08% UK markets were closing in on their all-
Read moreLondon close: FTSE 100 edges higher after quiet session
20th Jan 2014 16:45
- FTSE 100 within touching distance of 14-year high - Banks fall after Deutsche Bank's Q4 loss - Chinese growth slowed down in Q4 - UK outlook improves - HSBC highlights potential risks from too-low inflation readings techMARK 2,853.67 +0.09% FTSE 100 6,836.73 +0.11% FTSE 250 16,227.11 +0.25% It
Read moreFTSE 100 movers: Banks lower after Deutsche Bank profit warning
20th Jan 2014 15:30
Fears that poor results from Deutsche Bank could mean poor updates from banks across Europe weighed on the sector continent-wide on Monday, Barclays included. The German lender revealed a fourth quarter pre-tax loss of €1.15bn, which Ishaq Siddiqi, a Market Strategist at ETX Capital, described as a
Read moreLondon midday: Markets tread water on quiet day, but banks fall
20th Jan 2014 11:38
- Volumes light with Wall Street closed for MLK Day - Chinese GDP growth slows down - UK business optimism improves, IMF to raise UK forecasts - Deutsche Bank surprises with Q4 loss techMARK 2,851.04 0.00% FTSE 100 6,831.82 +0.04% FTSE 250 16,212.26 +0.16% Stocks were rangebound on Monday morning
Read moreLondon close: FTSE 100 flat near eight-month high, but miners surge
16th Jan 2014 17:07
- Markets pause for breath after recent highs - Mining stocks surge as Citi turns bullish - Aberdeen drops as AuM fall - Retailers AB Foods, Halfords, Dixons, Home Retail in focus techMARK 2,843.65 +0.10% FTSE 100 6,815.42 -0.07% FTSE 250 16,209.65 -0.51% UK markets finished largely flat on Thursd
Read moreSector movers: Miners boosted as Citi turns bullish
16th Jan 2014 16:30
Mining stocks were the standout performers of the day on Thursday after upbeat comments from Citigroup about the sector. Analysts at Citigroup lifted its 12-month stance on the sector from 'neutral' to 'bullish', representing its first positive outlook for the industry in three years. The bank lab
Read moreFTSE 100 movers: Miners lifted by Citigroup comments
16th Jan 2014 14:21
Mining stocks were performing well after Citigroup lifted its stance on the sector from 'neutral' to 'bullish', representing its first positive outlook for the industry in three years. The bank has labelled BHP Billiton, Rio Tinto and Glencore Xstrata as its "key picks" as it said that sentiment wil
Read moreLondon open: Stocks pause at eight-month high after mixed updates
16th Jan 2014 08:30
- Aberdeen drops as AuM fall three per cent - Retailers mixed as companies report festive sales - Mining stocks broadly higher, BHP Billiton upgraded techMARK 2,841.00 +0.01% FTSE 100 6,821.68 +0.03% FTSE 250 16,275.67 -0.11% Mixed corporate results weighed on UK markets on Thursday morning, as th
Read moreLondon close: FTSE 100 breaks 6,800 to finish at eight-month high
15th Jan 2014 16:36
- Burberry jumps after Q3 growth beats forecasts - Anglo American gains after UBS upgrade - World Bank revises up growth forecasts - FTSE 100 at eight-month high; DAX hits new record techMARK 2,840.71 +0.79% FTSE 100 6,819.86 +0.78% FTSE 250 16,292.94 +0.35% Stocks finished strongly on Wednesday,
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