London close: Stocks plummet on Eurozone fears
4th Apr 2012 16:31
- Miners lead fallers as commodity prices fall - ECB keeps rates on hold, Fed quashes QE3 hopes - Spanish, Italian yields soar No stocks finished in positive territory on Wednesday as Eurozone concerns and fading hopes of additional stimulus in the US fuelled a mass sell-off. The Footsie managed to
Read moreFTSE 100 movers: Miners drag index lower, Shire rises on broker comments
4th Apr 2012 14:58
Metals and oil prices were performing poorly today after the Fed quashed expectations of extra stimulus last night, sending the miners to the bottom of the pile on London's blue-chip index. Fresnillo, Evraz, Polymetal, Rio Tinto and Antofagasta were firmly out of favour. Wolseley was down after tra
Read moreLondon midday: Miners provide a drag, ECB decision eyed
4th Apr 2012 11:43
- Miners track commodity prices lower - Yields rise at Spanish debt auction - ECB expected to maintain rates London's blue chip index was trading well over a whole percentage point lower by midday as Eurozone concerns continued to dampen the mood ahead of a policy rate decision by the European Cent
Read moreLondon close: Stocks soar after ISM data
2nd Apr 2012 16:49
- Chinese, UK, US PMIs beat expectations in March - Eurozone PMI disappoints, jobless rate on the up - Pearson leads the rise on the Footsie, miners also in demand After initially paring gains early on, the Footsie surged in afternoon trade on Monday after some better-than-expected manufacturing d
Read moreFTSE 100 movers: Miners jump on Chinese data while financials fall
2nd Apr 2012 14:39
Miners were providing a lift after the better-than-expected manufacturing data from China, which saw the nation's purchasing managers' index rise to an 11-month high of 53.1 in March, from 51 the month before. This boosted hopes for demand in the metals industry with Fresnillo, Rio Tinto and Vedan
Read moreLondon midday: Stocks flat after mixed macro data
2nd Apr 2012 11:36
- Chinese, UK PMIs beat expectations in March - Eurozone PMI disappoints, jobless rate on the up - RBS to dish out dosh to preference shareholders London's blue chips pared earlier gains after some gloomy economic data from Europe. Miners were performing well after better-than-expected manufacturin
Read moreLondon open: Stocks rise after upbeat China data
2nd Apr 2012 08:26
- Miners wanted after Chinese PMI reaches 11-month high - RBS to dish out dosh to preference shareholders - LSE acquisition of LCH.Clearnet passes milestone UK stocks opened with decent gains on Monday morning as miners rose on the back of some better-than-expected manufacturing data from China.
Read moreLondon open: Stocks rise ahead of Eurozone meeting
30th Mar 2012 08:33
- Footsie up before finance ministers meet - Greek PM doesn't rule out third bailout - Miners rise strongly after recent fall London's blue chips started strongly on Friday following a three-day decline for the FTSE 100, with miners leading the way tracking metals prices higher. Eyes are on the E
Read moreLondon open: Footsie flat despite mining strength
29th Mar 2012 09:23
- Miners rise strongly, led by Rio - Imperial has smoking second quarter - FirstGroup drops on the FTSE 250 It was a cautious start for UK stocks, with London's blue chip index trading flat early on, not far off the 5,800 level. The FTSE 100 has not closed below this level in over three weeks. Ey
Read moreFTSE 100 movers: Investors turn to defensive stocks following GDP data
28th Mar 2012 13:52
Investors appeared to be shifting their money into defensive sectors, such as pharmaceuticals and utilities, putting drugs giants GlaxoSmithKline and Shire in demand, joined by energy firm International Power and National Grid. Investor sentiment was hit by the news that the UK economy did worse i
Read moreLondon midday: Stocks slip after UK GDP data
28th Mar 2012 11:36
- UK Q4 GDP weaker than first thought - RSA leads ex-div stocks lower - Defensives in demand The FTSE 100 swung between gains and losses during the morning session in London as stocks reacted to some worse-than-expected economic data. The UK economy did worse in the last three months of 2011 than
Read moreLondon open: RBS leads the rise early on
27th Mar 2012 08:46
- Government may cut stake in RBS - Rio Tinto considers offloading diamond interests - Resolution could split before sale A strong performance by the banks helped push the FTSE 100 higher on Tuesday morning as the market continues to be boosted by recent comments by US Federal Reserve Chairman Ben
Read moreLondon close: Stocks surge on Iranian oil report
23rd Mar 2012 16:42
- Oil surges on falling Iranian exports - BoE tells banks to raise capital ASAP - BT leads the rise, miners trim losses London's blue chips rallied in afternoon trade with the Footsie surging in the last two hours to finish in positive territory as oil prices jumped. According to report in Reuters
Read moreLondon close: Stocks slump on global manufacturing data
22nd Mar 2012 16:57
- PMIs disappoint from China and Eurozone - Miners down on demand concerns, Randgold plummets on Malian military coup - Broker downgrades weigh on stocks After a steep fall early on, London's blue chips traded broadly sideways for the remainder of the day as gloomy economic data weighed on senti
Read moreFTSE 100 movers: Rangold Resources down on reports of military coup
22nd Mar 2012 14:22
Shares in gold miner Randgold Resources sank into the bottom spot on the back of reports of a military coup in Mali, the country where two of its three main projects are located. According to media reports, rebel troops have taken over Malian state radio and television and have announced that they
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