FTSE 100 movers: Tullow up on oil find as miners sink
8th May 2012 13:59
Tullow Oil jumped after it discovered further oil in the first exploration well at one of its Kenyan projects, increasing its potential 'significantly'. Following an announcement in March that the well had encountered in excess of 20m of net oil pay, the well was then deepened from 1,041m to 1,515m
Read moreLondon midday: Miners pull Footsie lower, Eurozone in focus
8th May 2012 11:33
- European elections cast a shadow over the market - Miners track metals prices lower - Aviva, Tullow on the rise Political uncertainty in Europe and falling metals prices meant that London-listed miners were the worst performers of the day by Tuesday lunchtime, pulling the FTSE 100 index firmly in
Read moreLondon midday: Stocks lower before US non-farm payrolls
4th May 2012 12:10
- Miners drop on macro concerns, Australian growth - RBS rises after Q1 update - Markets await US non-farm payrolls The Footsie was firmly lower by Friday lunchtime as a sell-off in the mining sector outweighed a strong performance by the banks after some well-received results from Royal Bank of Sc
Read moreLondon close: Footsie drops one per cent after gloomy data
2nd May 2012 16:38
- US ADP data well below expectations - Eurozone manufacturing, employment figures weigh on sentiment - Banks, miners among worst performers in London The Footsie finished close to its lowest levels of the day on Wednesday, nearly erasing its impressive rise the day before, as some worse-than-expec
Read moreLondon close: Stocks snap four-day winning streak
30th Apr 2012 16:30
- Chicago PMI, US consumer spending disappoints - Spain joins the UK in recession - Global stock markets in the red With economic data missing expectations Stateside and Spain continuing to dampen the outlook for the Eurozone economy, London's FTSE 100 index slumped on Monday, snapping a four-day w
Read moreFTSE 100 movers: Man's slump continues
30th Apr 2012 14:49
The volatility in the share price of hedge fund manager Man Group has continued on Monday, with the stock extending recent losses ahead of its first-quarter update due tomorrow. Including today's +4% fall, the shares are nearly 11% higher than they were a week ago but down over 24% on the month. Th
Read moreLondon open: Spanish downgrade weighs on sentiment
27th Apr 2012 08:41
- S and P downgrades Spain - UK consumer confidence misses estimates - Banks, miners lead the downside in London The FTSE 100 opened cautiously on Friday morning looking like it could snap a three-day winning streak, with banking and mining blue chips providing a drag on the back of concerns over t
Read moreLondon close: Whitbread leads the Footsie higher
26th Apr 2012 16:41
- Whitbread up 6pc, Astra down 6pc - Economic data from UK and US comes in mixed - Fed sees growth picking up gradually The Footsie rallied in afternoon trade to finish close to its intraday highs reached in the morning session. Investors had to digest a barrage of company results and trading updat
Read moreLondon close: Footsie pares gains after gloomy GDP data
25th Apr 2012 16:36
- UK back in recession, GDP figures show - Markets await FOMC statement - Miners gain after China says growth will be 'robust' Despite a strong start, the FTSE 100 finished only mildly higher on Wednesday afternoon as investors digested some worse-than-expected UK economic data. The Office for Nat
Read moreSector movers: Miners wanted after comments from Chinese PM
25th Apr 2012 15:10
The mining sector, a category often sensitive to the outlook for the Chinese economy, was making gains on Wednesday afternoon after the country's Prime Minister sought to ease concerns about slowing growth. Wen Jiabao said yesterday that the world's second-largest economy will continue to growth at
Read moreThursday tips round-up: Tesco, Fresnillo, IGas
19th Apr 2012 06:55
In the Telegraph, the Questor column takes on the big daddy of the retailing sector, Tesco, which released results yesterday roughly in line with expectations. The problem is, those expectations followed a profits warning in January. Questor likes the turnaround plan of Chief Executive Philip Clarke
Read moreFTSE 100 movers: Miners leading the way
18th Apr 2012 13:50
Miners were among the best performers on the Footsie with precious metals group Fresnillo rising strongly. The group this morning hailed a strong start to 2012 with gold production beating its own expectations and silver output being on target. BHP Billiton was wanted after iron ore production at
Read moreLondon midday: Investors show caution after yesterday's strong rise
18th Apr 2012 11:46
- Ex-div stocks weigh on Footsie - MPC minutes: Miles calls for more QE - Eurozone swings to deficit in February - UK jobless rate falls for first time since May 2011 London's FTSE 100 index was trading slightly lower by Wednesday lunchtime following a strong showing from the benchmark yesterday, a
Read moreLondon open: Stocks flat before MPC minutes
18th Apr 2012 08:22
- Supermarkets rise after Tesco's results - BHP, Fresnillo lead miners higher - Markets await MPC minutes London's blue chips opened broadly flat on Wednesday morning despite a strong rise by supermarket and mining stocks. Stocks rose strongly on Tuesday, with the Footsie gaining nearly two per ce
Read moreFresnillo's gold output beats own forecasts
18th Apr 2012 07:19
Mining giant Fresnillo has hailed a strong start to 2012 with gold production beating expectations and silver output on target. Attributable gold production increased by 26.3% to 121,792 ounces in the three months to March 31st, compared with the 96,407 mined in the first quarter of 2011. This was
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