London midday: Stocks flat after recent gains
12th Sep 2013 11:31
UK markets were trading broadly flat on Thursday morning as investors digested recent developments in Syria some disappointing industrial production figures from the Eurozone. Traders were also showing caution as eyes begin to turn to the upcoming policy meeting at the Federal Reserve. The FTSE 1
Read moreLondon open: Stocks flat as focus turns to Fed meeting
12th Sep 2013 08:19
UK markets paused at a one-month high on Thursday morning as easing fears over Syria gave investors the chance to focus on the upcoming policy meeting at the Federal Reserve. Traders were also showing caution ahead of speeches from Bank of England Governor Mark Carney as he testifies to the Treasur
Read moreLondon close: Stocks jump to four-week high as Syria concerns ease
10th Sep 2013 16:40
The FTSE 100 jumped to a four-week high on Tuesday as investors' fears of an impending US military strike on Syria eased and the economic outlook for China improved. London's benchmark index finished 53.25 points higher at 6,583.99, a gain of 0.82%; the last time it closed higher was on August 14th
Read moreLondon midday: FTSE 100 nears one-month high
10th Sep 2013 11:39
Receding fears about a potential US military strike on Syria and decent data from China lifted UK stocks on Thursday morning, with the FTSE 100 rising to levels not seen in nearly a month. London's benchmark index was up 0.8% at 6,581.91 by midday; the last time it closed higher was on August 14th
Read moreLondon midday: Markets rangebound ahead of US jobs report
6th Sep 2013 11:29
The FTSE 100 was rangebound on Friday morning as traders scaled back their appetite for risk ahead of the US jobs report due out this afternoon. London's benchmark index was trading far off Thursday's close of 6,532.4 with just 21 points separating its intraday low (6,520) and high (6,541). "We'r
Read moreLondon open: Stocks fall as investors await US non-farm payrolls
6th Sep 2013 08:23
Stocks opened broadly lower on Friday morning with investors refraining from building positions ahead of the all-important US jobs report due out this afternoon, seen as a deciding factor in the Federal Reserve's impending withdrawal of stimulus. US data released Thursday threw more weight behind t
Read moreLondon close: Markets jump on data, Syria delays
2nd Sep 2013 17:02
UK investors took advantage of low volumes on Monday to push the FTSE 100 nearly 1.5 per cent higher, with impressive manufacturing data and delays to potential action on Syria prompting a bullish mood. "After posting four negative weeks in succession today's market moves on the UK benchmark index
Read moreFTSE 100 movers: Mining companies gain on rise in commodities
2nd Sep 2013 14:45
Mining company stocks, including Rio Tinto and Anglo American, surged as commodity prices rose and as reports showed manufacturing expanded in China, the Eurozone and the UK. Aberdeen Asset Management rallied after Numis Securities reiterated a 'buy' rating for the company's stock. WPP continued t
Read moreLondon midday: Stocks jump after strong manufacturing data
2nd Sep 2013 11:19
Strong manufacturing data from both the UK and China helped lift stock markets on Monday morning while concerns over a potential military strike against Syria eased. London's FTSE 100 was registering triple-digit gains by lunchtime, with the index trading a level not since August 15th. Manufactur
Read moreBroker tips: RBS, Fresnillo, BT, National Grid
2nd Sep 2013 11:17
Citigroup has maintained its 'sell' rating for UK lender Royal Bank of Scotland (RBS) and has slashed its profit forecasts for the company citing weak earnings momentum. The broker said that RBS remains its least-preferred UK bank "based on the shareholder structure, ongoing political and regulator
Read moreMonday broker round-up UPDATE
2nd Sep 2013 08:57
Berkeley Group: Panmure Gordon raises target price from 2046p to 2150p and reiterates a hold recommendation. Betfair: Panmure Gordon increases target price from 1000p to 1317p and maintains a buy recommendation. BHP Billiton: WH Ireland downgrades to neutral. British Land: Exane ups target price
Read moreBroker snap: UBS downgrades Fresnillo after strong run
2nd Sep 2013 08:10
UBS has cut its recommendation for precious metals group Fresnillo from 'buy' to 'neutral' following the stock's recent strong performance. In August alone, the share price rose 27%, outperforming a 17% increase in the silver price and a 7% rise in gold. "When we initiated [coverage] on August 12t
Read moreLondon open: Stocks edge lower, Syria and Fed taper in focus
30th Aug 2013 08:33
The FTSE 100 opened slightly lower on Friday morning after yesterday's strong gains as investors continue to await further developments in Syria and speculate about the future of US stimulus. Cautiousness ahead of a three-day weekend in the States could also be having an effect on risk appetite thi
Read moreLondon open: Stocks rebound after recent falls, Vodafone jumps
29th Aug 2013 08:36
Strong gains from Vodafone, WPP and Melrose gave markets in London a boost this morning, as stocks rebounded after some recent falls. Markets have been under pressure this week on concerns about a potential Western military intervention in Syria in response to last week's alleged chemical weapons a
Read moreLondon close: Syrian crisis hits stocks despite upbeat economic data
27th Aug 2013 16:30
Data showing improving confidence in Germany and the States wasn't enough to lift markets on Tuesday as investor sentiment was rattled by escalating tensions between Syria and the West. Business confidence in Germany improved across the board in August as the Eurozone's largest economy continues to
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