London midday: Stocks set for weekly gain as miners rise
21st Mar 2014 11:45
- Miners recover after recent slump - Obama imposes more sanctions on Russia - Markets await speeches from Fed officials - Burberry, RBS, Hikma hit by broker downgrades techMARK 2,807.91 +0.27% FTSE 100 6,564.71 +0.34% FTSE 250 16,228.56 +0.07% UK equities were trading higher on Friday with the FT
Read moreLondon open: Mining stocks provide a lift early on
21st Mar 2014 08:27
- Miners recover after recent slump - Obama imposes more sanctions on Russia - Markets await speeches from Fed officials techMARK 2,803.23 +0.11% FTSE 100 6,565.89 +0.36% FTSE 250 16,219.13 +0.01% UK equities opened slightly higher on Friday as decent gains in the mining sector lifted the resource
Read moreChina Minmetals confirms Las Bambas talks with Glencore Xstrata
19th Mar 2014 10:53
Following much speculation, MMG Limited has confirmed that it is in discussions with Glencore Xstrata over the multi-billion pound disposal of its Las Bambas copper project in Peru. The Melbourne-listed subsidiary of Chinese state-owned resources giant China Minmetals Nonferrous Metals (CMN) said i
Read moreLondon open: Stocks trading lower ahead of busy day
19th Mar 2014 08:31
- Ukraine-Russia tensions running high - UK Budget in focus - FOMC meeting concludes later on - Antofagasta, HSBC hit by downgrades - Smiths Group warns of currency headwinds techMARK 2,810.68 +0.27% FTSE 100 6,591.09 -0.21% FTSE 250 16,348.73 -0.03% UK stock opened with small losses on Wednesday
Read moreTuesday broker round-up UPDATE
18th Mar 2014 08:58
Antofagasta: Investec places its target price (prev.: 753p) under review, while leaving its sell recommendation unchanged. Ashtead Group: Credit Suisse raises target price from 1000p to 1100p and stays with its outperform rating. UBS increases target price from 875p to 1020p retaining its buy recom
Read moreGlencore Xstrata said to be close to Las Bambas sale
17th Mar 2014 15:20
Glencore Xstrata shares were performing well on Monday on speculation that the commodities trader and mining group is close to a multi-billion pound deal to sell its Las Lambas copper mine in Peru. According to The Wall Street Journal, Glencore Xstrata and Chinese state-controlled copper firm China
Read moreFTSE 100 movers: Persimmon lifted by 'Help to Buy' extension
17th Mar 2014 14:40
Housebuilder Persimmon was in the top spot after UK Chancellor George Osborne announced that he is extending the 'Help to Buy' mortgage guarantee scheme by a further four years. Investors were also responding to Rightmove data which showed that asking prices for homes in the UK rose by 1.6% month-o
Read moreSector movers: Mining stocks rise strongly, Glencore Xstrata gains
17th Mar 2014 14:33
The FTSE 350 mining sector, which fell nearly four per cent last week on the back of uncertainties surrounding Ukraine and fears of a slowdown in China, recovered strongly on Monday with Glencore Xstrata among the best performers in London. Glencore Xstrata was trading 3.3% higher at 306.8p this af
Read moreLondon midday: Stocks snap six-day losing streak after Crimea vote
17th Mar 2014 11:36
- Crimea votes to rejoin Russia - Russia-West tensions high after referendum - Housebuilders rise on Help to Buy, housing data - Glencore Xstrata leads miners higher, Vodafone gains techMARK 2,783.12 +0.64% FTSE 100 6,551.58 +0.36% FTSE 250 16,237.65 +0.70% UK stocks were performing well on Monday
Read moreLondon midday: Stocks near one-month low on China, Ukraine fears
12th Mar 2014 12:00
- Chinese concerns hammer copper prices - Ex-div stocks falls - Prudential gains, G4S slumps - Poundland, Pets at Home in focus techMARK 2,825.81 -0.90% FTSE 100 6,629.89 -0.83% FTSE 250 16,372.49 -0.66% Fears surrounding a slowdown in China and ongoing concerns about Ukraine weighed heavily on st
Read moreLondon close: Miners drag as Chinese data weighs on sentiment
10th Mar 2014 16:55
- FTSE closes down 23.22 at 6,689.45 - China registers surprise trade deficit - Japan GDP revised lower - BCC increases growth forecast techMARK 2,845.16 -0.52% FTSE 100 6,689.45 -0.35% FTSE 250 16,451.20 -0.65% It was a negative finish for the FTSE today, dragged lower by miners on the back of po
Read moreFTSE 100 movers: Rolls-Royce jumps on Daimler JV buy-out
10th Mar 2014 14:56
Rolls Royce was in the top spot today after a host of analysts lifted their target prices following the engine group's move last week to buy-out Daimler in their 50-50 joint venture, Rolls-Royce Power Systems (RRPS). After the close of trade on Friday, Rolls-Royce said that it is to buy the remain
Read moreSector movers: Weak Asian data weighs on mining stocks, copper prices
10th Mar 2014 14:47
Mining stocks were under the weather on Monday as copper prices slumped after disappointing economic data from Asia dampened the outlook for demand. China registered a surprise trade deficit in February and a sharper-than-expected slowdown in consumer price inflation, pushing copper as much as 2.8%
Read moreLondon midday: Stocks edge higher despite weak Asian data
10th Mar 2014 11:40
- Mining stocks pare losses after Asian data - China registers surprise trade deficit - Japan GDP revised lower - Vodafone raising offer for Ono, reports say techMARK 2,863.88 +0.14% FTSE 100 6,724.00 +0.17% FTSE 250 16,590.48 +0.19% UK markets edged higher on Monday as bargain hunters stepped in
Read moreLondon open: Markets flat as miners fall after poor data from Asia
10th Mar 2014 08:17
- China registers surprise trade deficit, CPI eases - Japan GDP revised lower - Mining stocks limit upside for FTSE - Mondi upgraded to 'buy' by Citigroup techMARK 2,863.34 +0.12% FTSE 100 6,716.76 +0.06% FTSE 250 16,578.93 +0.12% UK markets opened broadly flat on Monday morning after a surprise t
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