FTSE 100 movers: Man Group regains lost ground on upgrade
6th Jun 2012 14:55
Hedge fund Man Group, which has lost 40% of its share price in 2012 so far, was the best performer by midday after Citigroup upgraded its rating on the stock to buy, saying that "Man is now at the end of its downgrade cycle." However, the US broker did cut its earnings estimates for the group today.
Read moreLondon midday: Stocks jump ahead of ECB rate decision
6th Jun 2012 11:39
- All eyes on the ECB - UK construction PMI falls in May - Man Group, miners and banks lead the rise London's blue chip index was firmly higher by Wednesday lunchtime as investors looked ahead to an interest rate decision in Europe due out this afternoon. While the European Central Bank (ECB) is g
Read moreLondon open: Miners, financials lead stocks higher early on
6th Jun 2012 08:21
- Eyes on ECB rate decision - Upside surprise in Australian GDP - Miners, financials gain early on After a four-day weekend for the Queen's Diamond Jubilee, the FTSE 100 jumped in early trading on Wednesday morning ahead of an interest rate decision in Europe. News that Australia's economy expanded
Read moreLondon close: Poor data sinks stocks, fuels QE3 speculation
1st Jun 2012 16:26
- Global stocks hit year-to-date low - US, UK, Chinese and Eurozone data disappoints - Gold soars on QE3 speculation after weak data Disappointing employment and manufacturing data from across the world sank global stock markets on Friday, meaning that May's heavy losses for equities were extended.
Read moreLondon midday: Manufacturing figures pressure markets lower
1st Jun 2012 11:31
- Manufacturing PMIs in UK, Eurozone, China fall - Eyes on US payrolls - BP jumps on TNK-BP sale After a bright start early on, London's blue chip index had dropped into the red by Friday lunchtime after a barrage of disappointing manufacturing data dampened market sentiment. Manufacturing purchas
Read moreLondon open: Miners jump on Chinese growth hopes
29th May 2012 08:25
- Chinese stimulus hopes boost miners - Wolseley drops after third-quarter update - Greek banks receive liquidity injection Just a couple of stocks on the FTSE 100 were in the red in early trading on Tuesday, as the blue chip index jumped on the back of Chinese stimulus hopes. Markets across Europ
Read moreLondon open: Stocks rise on Greek hopes
28th May 2012 09:00
- Support for New Democracy increases - Some European, US markets closed today - Miners gain on increased risk appetite London's blue-chip index advanced in early trading on Monday as sentiment improved on the back of the polls in Greece which showed that the pro-bailout party was in the lead. Sev
Read moreLondon close: Footsie finishes higher after late rally
25th May 2012 17:00
- Consumers upbeat in US, Germany - Germany adviser says Greek bailout terms should be changed - Greek uncertainty still apparent The FTSE 100 rallied to close slightly higher on Friday, helped by some positive consumer confidence data in the US and Germany, but gains were limited as the focus cont
Read moreFTSE 100 movers: Miners out of favour on Chinese reports
25th May 2012 16:05
Mining stocks were firmly out of favour on reports that China's banks could miss their 2012 loan targets, exacerbating concerns over a slowdown in the world's second-largest economy which is a source of strong demand for commodities. Fresnillo, Randgold, Vedanta and ENRC were among the worst perform
Read moreLondon midday: Miners drag the Footsie lower
25th May 2012 11:30
-Miners erase gains for Footsie -German consumer confidence holds steady -Greek polls show uncertainty With miners extending losses, the Footsie had slipped to below where it started by Friday lunchtime, as the uncertain future of Greece continues to cloud the outlook for the global economy. Stock
Read moreLondon open: Stocks rebound after heavy sell-off
24th May 2012 08:45
- EU leaders clash over Eurobonds - Chinese manufacturing continues to contract - Financials wanted after recent sell-off Equity markets shrugged off an underwhelming EU summit and some disappointing Chinese data on Thursday morning to rebound following a heavy sell-off yesterday. The outcome of l
Read moreLondon close: Stocks sink on Greek exit speculation
23rd May 2012 16:39
- Officials warn Eurozone to prepare for Greek exit - BoE policy makers 'finely balanced' on more QE - CBO warns of US recession The FTSE 100 sunk to its lowest levels of the day by the end of trade on Wednesday as investors looked ahead to this evening's EU summit with caution as speculation incre
Read moreSector movers: Miners track metals prices lower
23rd May 2012 15:59
Mining stocks were at the top of the fallers list on Wednesday as concerns over Greece's future continue to weigh on the global economic outlook. Metals prices sank on concerns that the Chinese economy may be affected greatly by Greece leaving the euro: investment bank China International Capital C
Read moreFTSE 100 movers: Miners dragging index down
23rd May 2012 15:46
The blue-chip miners were dominating the fallers list on the Footsie by midday as metals prices dropped on concerns that the Chinese economy may be affected greatly by Greece leaving the euro: investment bank China International Capital Corp said today that the world's second-largest economy could s
Read moreLondon midday: Triple-digit losses for the Footsie
23rd May 2012 11:30
- Papademos says preparations being made for Greek exit - CBO warns of US recession - Chinese growth to be hampered if Greece leaves euro London blue-chip index was registering steep losses on Wednesday as gains from the last two days were almost completely erased ahead of the EU summit this evenin
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