Sector movers: Miners rise as China data boosts risk appetite
4th Nov 2013 15:23
Mining stocks were on the rise on Monday as upbeat data from economic powerhouse China increased risk appetite in global capital markets. Activity in China's services sector expanded at its fastest pace in the last year in October, reinforcing confidence that the world's largest economy is on a sta
Read moreFTSE 100 movers: Miners lifted by data, RyanAir on the warpath
4th Nov 2013 15:00
Mining stocks were on the rise, buoyed by the upbeat outlook for top metals consumer China. Fresnillo, Antofagasta, Rio Tinto, Anglo American, Vedanta and BHP Billiton were among the best performers. Activity in China's services sector in October expanded at its fastest pace in the last year, reinf
Read moreLondon midday: HSBC, miners lift markets higher
4th Nov 2013 12:00
- HSBC beats forecasts with Q3 results - Weir, Ryanair issue profit warnings - Economic data, ECB rate-cut speculation drive markets techMARK 2,661.91 +0.16% FTSE 100 6,767.20 +0.48% FTSE 250 15,519.66 +0.41% UK markets were performing well on Monday morning, owing to speculation over a possible E
Read moreFTSE 100 movers: Meggitt shares hammered after update
1st Nov 2013 15:17
Meggitt had a double dose of bad news for investors as it told them trading had been "slightly" below expectations and a supply hiccup could cost 20m pounds. The FTSE 100 aerospace and defence manufacturer warned it now expected 2013 revenue growth rates to be in the "low single digits". It had give
Read moreLondon close: Markets lifted by corporate earnings, China outlook
24th Oct 2013 16:22
- FTSE 100 at levels not seen since May - China manufacturing PMI at seven-month high - Financials, miners and pharma stocks gain techMARK 2,642.27 +0.68% FTSE 100 6,713.18 +0.58% FTSE 250 15,526.93 +0.21% UK markets set a fresh five-month high on Thursday as investors celebrated an improved outlo
Read moreFTSE 100 movers: Sports Direct sinks on Ashley's transaction
24th Oct 2013 14:34
Sports Direct, the High Street retailer which impressed the market with its first-half trading update yesterday, sank sharply today. The firm revealed that MASH Holdings, a company wholly owned by founder and Deputy Chairman Mike Ashley, sold 16m shares (a 2.7% stake) at 662.5p each, a 7.5% discou
Read moreLondon midday: Stocks rise as Chinese manufacturing hits seven-month high
24th Oct 2013 12:10
- Chinese HSBC PMI at seven-month high - Eurozone composite PMI misses forecasts - Sports Direct founder sells 106m-pound stake techMARK 2,629.17 +0.18% FTSE 100 6,706.61 +0.48% FTSE 250 15,526.08 +0.20% UK stocks were performing well on Thursday as some improving data from China fuelled some dece
Read moreLondon close: Stocks jump to five-month high after US jobs miss
22nd Oct 2013 16:35
Stocks across Europe rose strongly on Tuesday afternoon with London's FTSE 100 rising to a five-month high following a worse-than-expected US jobs report which spurred hopes of a near-term continuation of quantitative easing (QE) by the Federal Reserve. "The full impact of the government shutdown i
Read moreFTSE 100 movers: Prudential rises on AIA readacross
18th Oct 2013 15:03
Life insurance and giant Prudential was a high riser on Friday after Asian peer AIA reported record quarterly results with new business up 26 per cent. "The insurance sector was also helped by reports that an EU capital requirement could be eased compared to the initial version sought by regulators,
Read moreFTSE 100 movers: BSkyB shares jump on strong revenues
17th Oct 2013 15:31
Satellite television and broadband group BSkyB surged after recording a strong rise in first-quarter revenues helped by an increase of 800,000 paid-for subscription products. However, profits were down after a step-up in Premier League costs. Brewing giant SABMiller gained after saying its first-ha
Read moreLondon midday: Markets retreat from four-week high on US concerns
17th Oct 2013 11:33
UK markets pulled back from a four-week high on Thursday as investors gave a mixed reaction to an 11th-hour deal on Capitol Hill to increase the debt ceiling and reopen the US government. Nevertheless, losses were trimmed by midday after UK retail sales rose by a better-than-expected 0.6% in Septem
Read moreLondon open: Markets underwhelmed by last-minute US deal
17th Oct 2013 08:37
Stocks slumped on Thursday morning as investors digested a last-minute deal in the States for a short-term increase in the debt ceiling to avert a default and reopen the government. Markets across Europe were registering moderate declines in early trading, with London's FTSE 100 pulling back from a
Read moreFresnillo ups silver production in Q3 while gold output falls
17th Oct 2013 08:10
- Full-year silver guidance kept at 41m ounces - Silver output up 7.6% in Q3, gold down 9.8% - Gold guidance dependent on explosives permit Mexico-focused precious metals group Fresnillo said that it was on track to hit silver production targets this year after a decent third quarter, but failed to
Read moreFTSE 100 movers: Hargreaves Lansdown extends yesterday's gains
16th Oct 2013 15:14
Shares of Hargreaves Lansdown were leading gains on the Footsie and may have broken above technical resistance at the 1,044p mark after yesterday reporting record levels of assets under administration (AuA) in the fiscal first quarter. The financial services company reported AuA of £39.3bn in the
Read moreLondon close: Stocks rise as debt talks continue in Washington
15th Oct 2013 16:45
Stocks finished at a three-week high on Tuesday on hopes that politicians Stateside can come to an agreement to avert a default with just two days to go before the government hits its borrowing limit. London's FTSE 100 benchmark index finished 41.46 points higher at 6,549; the last time it has clos
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