London midday: FTSE 100 wins back losses
13th Apr 2011 12:03
The top share index has won back most of yesterday's losses, with a rally in the mining sector driving the gains. Fresnillo leads the large cap miners higher. The Mexican miner's silver production slipped slightly in the quarter to 31 March, but expanded capacity at its Soledad-Dipolos mine helped
Read moreFTSE 100 movers: ARM heads the risers
13th Apr 2011 11:39
Chip designer ARM Holdings was the best performing stock on Wednesday, helped by some positive comment from the broker ING, which expects ARM to meet its guidance. Household products giant Reckitt Benckiser was also a big mover, boosted by JP Morgan who upped its earnings per share estimates by 3%
Read moreLondon open: FTSE 100 advances as miners rally
13th Apr 2011 08:30
A rally in the mining sector has dragged the top share index to within touching distance of the 6,000 point mark it has been bobbing around since the start of the year. Fresnillo leads the large cap miners higher. The Mexican miner's silver production slipped slightly in the quarter to 31 March, bu
Read moreFresnillo silver production slips
13th Apr 2011 08:04
Precious metals prices have been soaring recently but Mexican miner Fresnillo's silver production slipped slightly in the quarter to 31 March. The company produced 10.1m ounces of silver during the three-month period, a decrease of 2.2% from the first quarter of 2010. The company's main silver prod
Read moreSector movers: Falling metals prices pressures mining sector lower
12th Apr 2011 14:18
The miners are on the decline Tuesday, helped lower by the falling metals prices. Copper and gold futures have fallen as the escalating crisis in Japan has bought about concerns over demand. Mining titans Kazakhmys, Eurasian Natural Resources Corp, Anglo American, Antofagasta and Fresnillo are all
Read moreFTSE 100 movers: Miners lead the decline
12th Apr 2011 13:54
Falling metals prices in response to escalating problems in Japan have pressured miners lower. Kazakhmys, Eurasian Natural Resources Corp, Anglo American, Antofagasta and Fresnillo are all losing 3% or more. Meanwhile, airline IAG and cruise operator Carnival are among the best performers, helped
Read moreLondon close: Miners drive FTSE 100 rally
8th Apr 2011 16:44
Stocks went into the weekend on the front foot as higher commodity prices drove miners forward. Shares in Fresnillo, which mines for silver in Mexico, went well as the precious metal hit $40 an ounce for the first time since 1980, but was leapfrogged by more mainstream miners such as Anglo American
Read moreSector movers: Miners roar ahead as metals advance
8th Apr 2011 13:53
High commodity prices are sending stocks in both directions today. The mining sector has marched ahead as metals prices advance. Shares in Fresnillo, which mines for silver in Mexico, are the best performing in the FTSE 100. Silver hit $40 an ounce for the first time since 1980, while gold prices
Read moreFTSE 100 movers: Miners dominate risers
8th Apr 2011 13:32
Surging commodity prices have helped the miners dominate the FTSE 100 risers, with seven out of top ten best performers coming from the sector. Shares in Fresnillo, which mines for silver in Mexico, are higher after silver hit $40 an ounce for the first time since 1980, while gold prices have hit r
Read moreLondon midday: Shares buoyant as commodities soar
8th Apr 2011 12:13
Miners are leading the rally in the FTSE 100 as commodity prices advance, though the higher oil price is causing concern. Shares in Fresnillo, which mines for silver in Mexico, were the best performing in London's leading share index. Silver hit $40 an ounce for the first time since 1980, while gol
Read moreOil hits two-and-a-half year highs
8th Apr 2011 11:41
Oil prices hit fresh two-and-a-half year highs in London amid continuing worries over supplies from Libya and as the dollar slid against other currencies. The rebels in Libya have accused government forces of attacking three different oil installations in the east of the country, halting production
Read moreFTSE 100 movers: Miners in decline
28th Mar 2011 14:03
Footsie is ahead on the day even though falling metals prices have hit miners. Six of the top 10 fallers are miners with Kazakhmys heading the way followed by Lonmin and Fresnillo. UBS has raised Cairn Energy from neutral to buy. Reed Elsevier is higher on the back of a new software release by
Read moreLondon close: Heavy losses despite recovery
15th Mar 2011 16:42
The FTSE 100 closed deep in the red Tuesday amid continuing worries over the situation in Japan, though losses were more than halved following a slide in the morning as nerves calmed. A third explosion at the Fukushima Daiichi nuclear power plant in Japan has raised concerns of a major radiation le
Read moreLondon afternoon: Stocks stabilise
15th Mar 2011 14:27
Leading shares remain deep in the red and the best that can be said is that the situation did not get materially worse over the lunch time session. A third explosion at the Fukushima Daiichi nuclear power plant in Japan has raised concerns of a major radiation leak and sparked panic selling on the
Read moreLondon midday: Slide continues in quake aftermath
15th Mar 2011 12:09
The blue chip index continues to be hurt by the crisis in Japan as sentiment remains battered by fears of a nuclear disaster. While off its lows for the day so far, the FTSE 100 still remains over 2% under at around 5,640, a level not seen this year. A third explosion at the Fukushima Daiichi nucle
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