FTSE 100 movers: Property stocks rally, miners slide
20th Jul 2016 16:42
(ShareCast News) - The FTSE 100 gained 0.47% to 6,728.99 points at the close, buoyed by a rally in real estate and housebuilder stocks. Real estate investors and housebuilders, including Land Securities and Persimmon, a day after a report by the Centre for Economics and Business Research (Cebr) cons
Read moreFresnillo boosts gold production guidance after second quarter
20th Jul 2016 07:55
(ShareCast News) - Fresnillo posted a quarterly production update for the three months to 30 June on Wednesday, with silver production improving 14.5% year-on-year to 30 moz. The FTSE 100 firm said silver production was up 6.3% over the first quarter, with first half silver production of 25.2 moz a
Read moreSector movers: Support services firms get boost from UBS
15th Jul 2016 17:37
(ShareCast News) - The Footsie closed higher for a fourth consecutive week for a cumulative 5% gain since the EU referendum vote, albeit wih defensive issues pacing gains in the form of advances for tobacco and pharmaceuticals. "More defensive sectors have led the way, showing that safety and yield
Read moreFTSE 100 movers: Antofagasta leads miners' rise and Barratt the builders' fall
13th Jul 2016 13:36
(ShareCast News) - The FTSE 100 index was scuttling crabwise on Wednesday, as markets held their powder dry as Britain appointed a new Prime Minister later in the day and a day ahead of the Bank of England expected policy tinkering. Commodities heavyweights Antofagasta, Glencore, BHP Billiton and
Read moreSector movers: House builders and banks rally
8th Jul 2016 18:37
(ShareCast News) - House builders, banks topped the blue-chip winners' ladder at close of play on Friday, having last week and this suffered under the shadow of Britain's non-binding vote to quit the EU. Taylor Wimpey, Berkeley Group, Barratt Developments and Persimmon sprinted higher with gains of
Read moreMiners and defensives pace gains
4th Jul 2016 14:30
(ShareCast News) - Miners were doing best among the main market groups, with some market commentary referencing the boost to commodity prices from heightened expectations for further monetary stimulus from several of the world´s main central banks, while the Federal Reserve could be expected to stay
Read moreFresnillo shares rise on San Julián project update
4th Jul 2016 12:06
(ShareCast News) - Shares in mining titan Fresnillo are up almost 7% against a falling market after confirming construction of the San Julián project, phase 1, completed on time and on budget. This included testing of the facilities and initial processing of ore. It said it was addressing a minor te
Read moreBroker tips: ITV, Randgold Resources, Fresnillo, UK banks
27th Jun 2016 17:00
(ShareCast News) - Nothing had changed with respect to ITV's fundamentals following Brexit despite the approximately 20% share price drop on 24 July, analysts at Liberum said, as they stood by their 'buy' recommendation and 375p target on the stock and singled it out as a 'top-pick'. That was true e
Read moreSector movers: Real estate and financial services shares weigh the most
27th Jun 2016 16:22
(ShareCast News) - Falls among smaller UK-focused shares weighed the most on the stockmarket, taking the second-tier FTSE 250´s cumulative two-day decline to 14% - its biggest since 1987. The FTSE 250 lost 1,120.19 points or 6.96% on Monday to end the session at 14,967.86. Real estate investments t
Read moreGoldman Sachs upgrades Randgold and Fresnillo
27th Jun 2016 14:18
(ShareCast News) - Precious metals miners Randgold Resources and Fresnillo were among the few gainers in equity markets on Monday again as gold prices hit a two-year high and supported by upgrades from Goldman Sachs. Goldman said in a note that it has lifted its gold price forecast for the second ha
Read moreSunday share tips: EasyJet, Randgold, Imperial Brands, AstraZeneca
26th Jun 2016 14:03
(ShareCast News) - Sell EasyJet shares due to the likely turbulence sparked by the Brexit vote, said the Sunday Times' Inside the City column. The budget airline was created by Stelios Haji-Ioannou in the wake of the 1992 European Union Treaty on Open Skies, one of the supposedly rare bits of Brusse
Read moreMiners and homebuilders pace losses, precious metals miners shine
9th Jun 2016 14:18
(ShareCast News) - Miners and homebuilders weighed on the main UK equity benchmarks the most, against a backdrop of sovereign bond yields slipping to record lows and some market commentary flagging the risk of sharp drops in equity markets. The yield on the benchmark 10-year Gilt closed one basis po
Read moreFTSE 100 movers: Mining megalodons rise with metals prices as Brexit brakes housebuilders
6th Jun 2016 15:32
(ShareCast News) - Mining megalodons dominated the blue-chip winners' ladder as they advanced in correlation with firming precious and industrial metals prices, supported by Coca-Cola HBC's fizz higher. Anglo American led the pack by a good distance as it stacked on a hearty 11.25%. It was followed
Read moreTravel&Leisure stocks pace gains, miners drop
27th May 2016 20:31
(ShareCast News) - Travel&Leisure stocks paced gains on the top flight index at the end of the week, against a backdrop of falling crude oil prices and a perceived reduction in the risk that Britons will vote to leave the European Union on 23 June. As a sector, Travel&Leisure was no longer overbough
Read moreMiners and oil majors lead drop
19th May 2016 20:03
(ShareCast News) - Miners and big oil led the retreat in the stockmarket, with the former coming under profit-taking again as the froth seen in some commodity prices earlier in 2016 continued to come out of the market on Thursday. A sharp jump in Fed funds futures overnight stoked selling by traders
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