London close: Stocks finish higher as US economy contracts
30th Apr 2025 14:52
(Sharecast News) - London stocks extended their gains on Wednesday, after fresh data from the US showed a slowing in consumer price growth, alongside the country's first economic contraction since 2022.
Read moreGlencore lowers energy coal outlook after mixed quarter
30th Apr 2025 09:23
(Sharecast News) - Glencore reported a sharp decline in copper production during the first quarter on Wednesday, while output of cobalt and steelmaking coal rose strongly, supported by higher grades and recent acquisitions.
Read moreLondon close: Stocks rise as Trump assuages Fed concerns
23rd Apr 2025 15:19
(Sharecast News) - London's equity markets advanced on Wednesday, buoyed by renewed optimism over potential US-China trade negotiations and a rebound in commodity prices.
Read moreLondon close: Stocks mixed after turbulent tariff-fuelled week
11th Apr 2025 15:03
(Sharecast News) - London stocks ended Friday in mixed territory as geopolitical tensions weighed on investor sentiment, following China's decision to sharply increase tariffs on US goods.
Read moreJefferies cuts targets for miners, but still sees upside
4th Apr 2025 14:35
(Sharecast News) - Jefferies has trimmed its targets for a host of blue chip mining stocks after calculating the impact that Donald Trump's sweeping trade tariffs would have on export demand and commodity prices.
Read moreLondon close: Stocks mixed as tariff fears waver
24th Mar 2025 15:13
(Sharecast News) - London stocks ended Monday largely flat in muted trading, with early optimism around Donald Trump's comments on reciprocal tariffs fading as the session progressed.
Read moreLondon close: Stocks slip as UK inflation tops forecasts
19th Feb 2025 16:05
(Sharecast News) - London's financial markets experienced declines on Wednesday, influenced by an unexpected rise in UK inflation and underwhelming corporate earnings.
Read moreGlencore posts FY loss on weak coal prices, unveils $1bn buyback
19th Feb 2025 07:03
(Sharecast News) - Glencore is mulling ditching its primary listing in the UK in favour of New York or another location where it can "get the right valuation", chief executive Gary Nagle said on Wednesday after the miner and commodities trader reported a fall in annual core earnings due to weaker coal prices prices.
Read moreLondon close: Stocks finish lower amid US-Russia talks
18th Feb 2025 15:46
(Sharecast News) - London stocks closed lower on Tuesday, reversing earlier gains as investors digested the latest UK employment figures and monitored US-Russia peace talks.
Read moreMorgan Stanley upgrades Glencore, says concerns overdone
18th Feb 2025 09:44
(Sharecast News) - Morgan Stanley upgraded Glencore on Tuesday to 'overweight' from 'equalweight' as it argued that concerns about deteriorating coal prices and around marketing profits in a low-volatility post-war world are "exaggerated".
Read moreLondon close: Stocks finish Friday in the red
14th Feb 2025 16:56
(Sharecast News) - London stocks ended the week lower on Friday as investors reacted to US president Dinald Trump's announcement of reciprocal tariffs, while weakness in NatWest added to the pressure after the lender's latest results failed to impress.
Read moreLondon close: Stocks mixed on US tariffs, Mann comments
11th Feb 2025 15:45
(Sharecast News) - London stocks closed mixed on Tuesday after the FTSE 100 touched fresh record highs, as investors weighed the implications of US president Donald Trump's latest tariff comments and remarks from Bank of England policymaker Catherine Mann.
Read moreLondon close: Stocks join global rout on trade war fears
3rd Feb 2025 15:23
(Sharecast News) - London stocks fell sharply on Monday as concerns over a potential trade war weighed on investor sentiment.
Read moreGlencore hits annual production targets as H2 output picks up
30th Jan 2025 08:09
(Sharecast News) - Mining and commodities giant Glencore delivered on its targets for 2024 production volumes on the back of stronger second-half performances from its key commodities.
Read moreLondon close: Stocks mixed as investors look to Fed
27th Jan 2025 15:48
(Sharecast News) - London stocks ended Monday with a mixed performance as investors braced for a week dominated by key interest rate decisions and major corporate earnings.
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