FTSE 100 movers: Bunzl, BT Group, Antofagasta
21st Jun 2013 14:29
Multinational distribution and outsourcing company Bunzl gained after analysts at JP Morgan Cazenove reiterated a 'buy' rating in a note issued to investors on Friday. BT Group advanced after appointing Gavin Patterson as its new Chief Executive Officer to replace Ian Livingstone who will step down
Read moreLondon midday: Stocks rebound but sentiment fragile after heavy sell-off
21st Jun 2013 11:31
The FTSE 100 rebounded from five-month lows on Friday morning after comments from the Federal Reserve prompted a dramatic global market sell-off the day before. London's benchmark index tumbled an eye-watering 189 points on Thursday, falling 2.98% to 6,160 as markets reacted to comments from Fed Ch
Read moreLondon close: FTSE 100 drops three per cent after Fed signals end to QE
20th Jun 2013 16:58
Equity, bond and commodity markets were a sea of red on Thursday as traders fled from risk in the aftermath of the Federal Reserve's confirmation of its stimulus 'exit strategy'. The FTSE 100 finished down an eye-watering 189 points, falling 2.98% to 6,160. The last time the index was at this level
Read moreSector movers: Financials and miners hit hard in market sell-off
20th Jun 2013 15:18
Every single sector in London was either flat or in the red on Thursday after comments from the Federal Reserve and worse-than-expected data from China prompted a worldwide market sell-off . The Fed last night signalled that it would begin to taper its stimulus programme this year and bring it to a
Read moreFTSE 100 movers: Miners hit hardest in market sell-off
20th Jun 2013 14:33
Heavy selling pressure was affecting indices across Europe and America on Thursday after the Federal Reserve warned that it would begin to taper its stimulus programme this year, meanwhile gloomy figures from China continue to point to a slowdown in the world's second-largest economy. As is often th
Read moreLondon midday: Markets drop over two per cent in Fed aftermath
20th Jun 2013 11:38
The Federal Reserve may have painted a better picture of the US economy last night, but the concept of a life without quantitative easing (QE) prompted a heavy sell-off on equity markets on Thursday morning, with indices across Europe hit hard following steep losses on Wall Street. The Federal Open
Read moreLondon open: 'Tapering' concerns hit markets hard as Fed signals end to QE
20th Jun 2013 08:26
Markets across Europe dropped sharply in early trading on Thursday after Federal Reserve Chairman Ben Bernanke last night signalled that the central bank could soon start to scale back its quantitative easing (QE) programme. Fed confirms QE taper Stocks on Wall Street last night were trading sligh
Read moreLondon close: All eyes on tonight's Fed meeting
19th Jun 2013 17:17
UK markets gave back Tuesday' slight gains as traders continued to take positions, or stay on the side lines, ahead of the all-important policy decision - and accompanying market reaction - from the US Federal Reserve due out later this evening. "Bernanke has two key messages that he wants to get a
Read moreLondon midday: Markets cautious as eyes remain fixed on Fed
19th Jun 2013 12:01
A decline in risk appetite meant that UK markets were in the red on Wednesday morning ahead of the all-important policy decision from the Federal Reserve due out later this evening. "Attention is firmly on the Fed's monetary policy decision and press conference later, with investors clearly concern
Read moreLondon close: Markets move higher with Fed decision in focus
18th Jun 2013 17:04
After a subdued start, the FTSE 100 finished with impressive gains on Tuesday as investors put aside worries ahead of the key 'risk event' of the week, the monetary policy meeting at the Federal Reserve. Banking stocks in London were performing well today after the China Securities Journal suggeste
Read moreFTSE 100 movers: Whitbread jumps as Costa drives strong first-quarter growth
18th Jun 2013 14:34
Whitbread was performing well on Tuesday after the company reported a decent first quarter with group sales up 13.8 per cent, boosted by growth at Premier Inn and another strong performance from Costa which saw sales jump by an impressive 24.8 per cent. Whitbread said that while sales in its resta
Read moreLondon close: FTSE 100 down one per cent as volatility continues
11th Jun 2013 16:41
Rising government bond yields, falling commodity prices and an underwhelming statement from the Bank of Japan (BoJ) saw some heavy falls on equity markets on Tuesday. The FTSE 100 closed down 60 points at 6,340, but finished well off its intraday low of 6,283 as US bond yields pared earlier gains.
Read moreFTSE 100 movers: Aberdeen drops as market volatility continues
11th Jun 2013 14:25
Financial and mining stocks bore the brunt of the sell-off on equity indices on Tuesday with Aberdeen Asset Management leading the way lower as it continued to be hit by the wider market volatility, particularly due to the company's large exposure to the emerging markets. Matt Basi, the Head of UK
Read moreLondon midday: Financials, miners pull FTSE 100 to seven-week low
11th Jun 2013 11:23
Falling commodity prices and rising government bond yields resulted in a sell-off on Tuesday morning, as the recent volatility on equity markets continued, sending the FTSE 100 to a seven-week low. The FTSE 100 was trading around the 6,300 markby midday, the first time it has fallen to this level s
Read moreTuesday broker round-up UPDATE
11th Jun 2013 07:22
AG Barr: Investec cuts target price from 591p to 581p, while upgrading from add to buy. Canaccord Genuity upgrades to buy with its target price at 570p. Aquarius Platinum: Nomura reduces target price from 90p to 65p, but keeps its buy recommendation. AstraZeneca: Berenberg takes target price from
Read more