London 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,
Read moreWednesday broker round-up UPDATE
15th Jan 2014 08:42
African Barrick Gold: Liberum Capital downgrades to sell with a target price of 147p. Deutsche Bank lowers target price from 190p to 180p, while maintaining a hold recommendation. African Minerals: Deutsche Bank shifts target price from 410p to 414p and maintains a buy recommendation. Amlin: JP Mo
Read moreLondon close: Morrison leads UK markets higher
13th Jan 2014 16:36
- FTSE 100 closes at highest since November 4th - Morrison gains on property sales rumours - Banks celebrate eased Basel rules - US Q4 earnings season in focus ahead of busy week techMARK 2,803.23 +0.05% FTSE 100 6,757.15 +0.26% FTSE 250 16,254.80 +0.39% After a choppy session, UK markets finished
Read moreFTSE 100 movers: Morrison regains recent losses on dividend hopes
13th Jan 2014 15:17
Supermarket group Morrison was the top riser this afternoon as it continued to recover after a steep fall last week following a bigger-than-expected drop in like-for-like sales over Christmas. Broker Shore Capital said it expects activist investors to continue to show interest in Morrisons as report
Read moreBroker snap: Barclays predicts difficult 2014 for miners
10th Jan 2014 09:17
2014 could initially be 'another difficult period' for the UK mining sector, according to analysts at Barclays, who maintained their 'negative' view on the industry on Friday. In a research note to clients, the bank said that "key issues" of 2013 - negative earnings growth, minimal free cash-flow (
Read moreLondon close: UK markets hit two-month high as banks gain
7th Jan 2014 16:24
- FTSE 100 at highest level since November 4th - Eurozone inflation ramps up interest-rate speculation - Banks helped by funding data - IAG reports strong December traffic figures techMARK 2,789.43 -0.10% FTSE 100 6,755.45 +0.37% FTSE 250 16,069.19 +0.12% UK markets finished with decent gains on
Read moreFTSE 100 movers: Banks rise on BoE Liabilities Survey
7th Jan 2014 15:53
Ian Gordon at Investec attributed the rally in Lloyds' share price to the Bank of England's Liabilities Survey. He said: "It's not that it contains surprising news, but de facto confirmation of improving capital metrics, improving retail deposits and (significant) declines in funding volumes/requir
Read moreLondon close: Markets flat after choppy session, services PMIs weakens
6th Jan 2014 16:37
- Miners limit gains after weak economic data - Services PMIs from China, UK, Eurozone and US weaken - RSA rises, UBS says takeover and break-up still possible - Retailers in focus ahead of updates techMARK 2,792.25 +0.13% FTSE 100 6,730.73 0.00% FTSE 250 16,049.30 +0.18% UK markets ended flat on
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