FTSE 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
Read moreLondon close: Footsie in full retreat
10th Mar 2011 16:57
Blue chips took a beating as investors focused on weak economic data from China and a downgrade for Spanish debt, rather than the Bank of England decision to keep its key lending rate at 0.5%. China posted a trade deficit of $7.3bn in February compared with the usual surplus, due mainly to the shut
Read moreFTSE 100 movers: Chinese trade deficit knocks miners
10th Mar 2011 15:18
News of China's trade deficit in February has knocked miners today. Fresnillo and ENRC are down the most in the sector. Concerns that ARM will be hit by poor sales of non-Apple tablet computers has knocked the share price. That part of the market accounts for less than 3% of ARM's revenues but i
Read moreLondon afternoon: Drugs firms provide some cheer
10th Mar 2011 14:47
Investors are finding plenty of reasons to be fearful but at least the Bank of England has stuck to the script and held its key lending rate at 0.5%. Otherwise, weak economic data from China and a downgrade for Spanish debt has put the situation in Libya into the shade today. China posted a trad
Read moreWednesday tips round-up: Provident Financial, GKN, Fresnillo...
2nd Mar 2011 06:43
Long-term sceptics of doorstep lender Provident Financial say the big concern is Provident's capital position. The company again refused to give a figure for its surplus cash position - the concern being that it wouldn't be great news and could be as low as £20m rather than £50m or £60m that is ofte
Read moreLondon close: Shares in late dive as Mideast worries resurface
1st Mar 2011 16:43
The spectre of higher oil prices sent a chill down traders' spines late in the afternoon, sending shares plummeting into the red. The turmoil in the Arab World is behind the spike in crude, with a barrel for April delivery rallying towards $100 in New York. Worries over the possibility of protests
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