FTSE 100 movers: Fresnillo, Randgold, Petrofac
27th Aug 2013 13:49
Precious metal companies Fresnillo and Randgold Resources gained as the prices of gold, silver and copper surged. Petrofac advanced as analysts at Liberum Capital said the weakness in shares and the oilfield services company's upbeat outlook presented a good buying opportunity. Marks & Spencer ra
Read moreLondon midday: Stocks fall as Syrian crisis hits sentiment
27th Aug 2013 11:46
Escalating tensions in the Middle East dented investor sentiment on Tuesday morning as traders largely shook off some upbeat economic data closer to home. Business sentiment in Germany improved across the board in August as the Eurozone's largest economy continues to build momentum. The IFO report,
Read moreLondon open: Markets edge lower after long weekend
27th Aug 2013 08:12
Stocks fell on Tuesday morning after a three-day weekend as markets attempted to play catch-up following negative sessions in the US and Asia overnight. Concerns over Syria are likely to weigh on sentiment after US Secretary of State John Kerry said last night that Syria would be held accountable f
Read moreLondon midday: Stocks rise after UK GDP revision
23rd Aug 2013 12:00
Upwards revisions to UK economic growth in the second quarter gave stocks a bit of a boost on Friday morning, though gains were limited as investors scaled back risk appetite ahead of a long three-day weekend. UK gross domestic product (GDP) growth in the second quarter is now said to have been 0.7
Read moreLondon open: Markets pause after strong rise
23rd Aug 2013 08:39
It was a subdued start for equity markets in London on Friday with the FTSE 100 opening broadly flat as investors adopted a cautious approach going into the long weekend. Stocks were pausing for breath early on after a strong rise the day before on the back of improving economic data from across th
Read moreSector movers: Miners rise on improving data from China
22nd Aug 2013 14:51
Cyclical sectors were in demand on Thursday as better-than-expected data brightened the outlook for the global economy. Mining stocks were among the best performers after it was revealed that manufacturing activity in Asian powerhouse China unexpectedly returned to growth in August. The HSBC/Mark
Read moreLondon close: Taper concerns hit stocks ahead of Fed minutes
21st Aug 2013 16:50
London's benchmark index dropped one per cent on Wednesday as investors trimmed positions and took cover ahead of the risk event of the week, the minutes of the Federal Open Market Committee (FOMC) meeting due out later this evening. The FTSE 100 ended 62.62 points lower on the day at 6,390.84, a f
Read moreLondon midday: Ex-div stocks drag FTSE 100 to six-week low
21st Aug 2013 11:33
Markets were sharply lower on Wednesday morning as risk appetite was scaled back ahead of this evening's release of the minutes of the latest Federal Reserve policy meeting. The FTSE 100 was trading as low as 6,400 today in London today; the last time it closed below this level was on July 5th when
Read moreLondon open: FTSE 100 slips as investors await Fed minutes
21st Aug 2013 08:29
The FTSE 100 fell into the red on Wednesday morning, hitting a fresh six-week low as investors nervously awaited the minutes of the latest Federal Reserve meeting. The index dropped 0.5% to around the 6,420 mark early on. The last time the London benchmark closed lower was on July 5th when it finis
Read moreLondon open: Stocks at six-week low as earnings disappoint
20th Aug 2013 08:21
Heavy falls from Wood Group, CRH and a host of miners were weighing on the FTSE 100 in early trading on Tuesday, pushing the index to levels not seen in over six weeks. London's benchmark index sunk by around 0.8% this morning, heading towards the 6,400 mark; the last time it closed lower was on Ju
Read moreLondon close: Tapering concerns continue to hit stocks
19th Aug 2013 16:27
Concerns about the future of US stimulus continued to weigh on stocks on Monday with London's mining sector bearing the brunt of a reduction in risk appetite amongst investors. Market sentiment has been fragile in recent weeks due to heightened speculation that the Federal Reserve will taper its qu
Read moreLondon midday: Miners lead markets lower, Fed in focus
19th Aug 2013 12:09
The FTSE 100 was trading slightly lower on Monday morning with heavyweight mining stocks providing a drag as investors scaled back their appetite for risk. Markets were rangebound today with less than 30 points separating the FTSE 100's intraday low (6,477) and high (6,506). This follows the index'
Read moreLondon open: Markets lower, but Kentz rockets after AMEC approach
19th Aug 2013 08:27
The FTSE 100 opened slightly lower on Monday morning as traders continue to speculate about the future of the Federal Reserve's quantitative easing programme. The weak start follows the London benchmark's second weekly decline in a row last week and the worst weekly performance on New York's Dow Jo
Read moreLondon close: Markets edge higher after subdued session
16th Aug 2013 16:30
Friday was a relatively quiet session for equity markets in London with investor confidence shattered after a sell-off the day before and volumes down due to seasonal trends. The FTSE 100 and benchmark indices on Wall Street suffered steep falls on Thursday as better-than-expected jobless claims ig
Read moreSector movers: Mining, housing stocks making gains
16th Aug 2013 14:56
Gold and silver prices cemented recent gains on Friday due to safe-haven demand, pushing shares prices in the mining sector higher in afternoon trade. Precious metals peers Randgold Resources and Fresnillo were standout performers as gold edged closer to a two-month high while silver stayed close
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