London midday: Markets flat as BoE holds rates, AZ Electronic rockets
5th Dec 2013 12:01
- FTSE 100 at lowest level since October 14th - BoE, ECB announce policy decisions - US data in focus later on, Wall Street futures flat - AZ Electronic Materials rockets after Merck offer techMARK 2,644.54 +0.02% FTSE 100 6,504.39 -0.09% FTSE 250 15,200.92 +0.48% UK markets were rangebound on Thu
Read moreLondon open: FTSE 100 flat at seven-week low ahead of busy day
5th Dec 2013 08:23
- FTSE 100 at lowest level since October 14th - Central bank meetings, Autumn Statement in focus - Investors cautious ahead of jobs report tomorrow techMARK 2,644.71 +0.02% FTSE 100 6,509.08 -0.01% FTSE 250 15,152.45 +0.16% UK stocks opened broadly flat on Thursday morning with the FTSE 100 tradin
Read moreFTSE 100 movers: Next climbs on BRC comments and broker rating
3rd Dec 2013 14:14
Next was leading the risers today, buoyed by a report from the British Retail Consortium, which said despite overall poor sales clothing retailers had performed well in November, as well as Oriel Securities, which upped its rating on the stock to 'buy' from 'hold'. It said of the group: "The Directo
Read moreLondon midday: Miners, financials drag markets lower despite strong UK data
3rd Dec 2013 11:21
- Risk appetite fades as markets await jobs data - Mining, financial sectors sold off - UK construction PMI defies expectations, jumps to six-year high techMARK 2,645.44 -0.31% FTSE 100 6,539.87 -0.84% FTSE 250 15,211.51 -0.80% UK markets were firmly in negative territory on Tuesday morning despit
Read moreBroker tips: Old Mutual, Banks, Miners
3rd Dec 2013 11:21
JPMorgan Cazenove has trimmed its target price for savings and investment group Old Mutual from 228p to 223p. after adjusting for currency movements. However, the bank maintained its 'overweight' rating on the stock, highlighting attractive and improving returns from its emerging market life busin
Read moreBroker snap: UBS slashes mining target prices after gold, silver downgrades
3rd Dec 2013 10:10
UBS has slashed target prices across the mining sector after downgrading its gold and silver price forecasts for 2014 and 2015. The bank said it now sees few positive catalysts for precious metal prices over the medium term, with the Federal Reserve expected to start tapering quantitative easing in
Read moreTuesday broker round-up UPDATE
3rd Dec 2013 09:10
Arrow Global: Numis starts with a target price of 270p and an add rating. Antofagasta: UBS shaves target price from 870p to 845p, 'neutral' rating maintained. Aquarius Platinum: UBS cuts target price from 44p to 43p, 'neutral' rating kept. Ashtead Group: Citi raises target price from 750p to 800p
Read moreLondon open: Mining stocks drag UK markets lower early on
3rd Dec 2013 08:27
- Miners fall after steep drop in metal prices yesterday - Risk appetite scaled back ahead of US jobs report - HSBC downgraded by Nomura to 'neutral' techMARK 2,657.15 +0.13% FTSE 100 6,580.97 -0.22% FTSE 250 15,306.73 -0.18% Continued weakness in the mining sector dampened the FTSE 100 in London
Read moreLondon close: Resource-heavy FTSE 100 falls as metals' prices slump
2nd Dec 2013 16:43
- Taper speculation picks up ahead of non-farm payrolls - Global manufacturing figures beat forecasts - Miners sold off as metal prices fall - Supermarkets hit by competition fears techMARK 2,653.70 -0.76% FTSE 100 6,595.33 -0.83% FTSE 250 15,334.75 -0.85% London's FTSE 100 finished with moderate
Read moreFTSE 100 movers: Miners and supermarkets push lower
2nd Dec 2013 15:42
Mining stocks were under pressure as commodity prices declined with precious metals peers Fresnillo and Randgold tracking gold and silver lower early on. As well, in a research note issued today analysts at Citi wrote that: "We remain underweight the gold and base metals stocks and our least favoure
Read moreLondon midday: Markets fall, shrug off upbeat manufacturing data
2nd Dec 2013 11:24
- Markets lower ahead of data-heavy week - Non-farm payrolls, taper in focus - Investors shrug off positive manufacturing figures this morning - Broker downgrades hit Tesco, Aberdeen, Debenhams techMARK 2,659.11 -0.55% FTSE 100 6,610.41 -0.60% FTSE 250 15,380.56 -0.56% Markets in the UK and across
Read moreLondon open: Markets fall ahead of data-heavy week
2nd Dec 2013 08:12
- Markets drop ahead of key week for data - Chinese manufacturing beat forecasts in November - Utility companies pledge to pass on savings to customers techMARK 2,662.77 -0.42% FTSE 100 6,618.77 -0.48% FTSE 250 15,414.98 -0.33% UK stocks started December on a rather sour note, with markets sinking
Read moreLondon midday: Stocks rise, US futures point up as Wall Street re-opens
29th Nov 2013 11:46
- Miners lead markets higher as metals prices rise - S&P lifts Spanish outlook, Eurozone unemployment falls - UK consumer confidence falls again - US futures up, retailers in focus on Black Friday techMARK 2,677.17 +0.34% FTSE 100 6,670.61 +0.24% FTSE 250 15,483.33 +0.33% UK markets were registeri
Read moreLondon open: Miners lift FTSE 100 higher early on
29th Nov 2013 08:44
- Trading volumes to pick up later on, says analyst - UK consumer confidence falls again - Miners gain; housebuilders extend losses techMARK 2,674.86 +0.26% FTSE 100 6,666.33 +0.18% FTSE 250 15,468.87 +0.24% UK markets edged higher in early trading on Friday following a quiet session the day befor
Read moreLondon close: Markets inch higher on quiet day, but housing stocks sink
28th Nov 2013 16:28
- FTSE 100 edges higher, global equities close to six-year high - US markets closed for Thanksgiving - Housing, tobacco stocks pressured by government policy techMARK 2,668.00 +0.35% FTSE 100 6,654.47 +0.08% FTSE 250 15,431.80 +0.16% The FTSE 100 registered small gains on Thursday on a relatively
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