London open: Bwin, 888 lead the rise
31st Aug 2011 08:48
The Footsie edged higher in early trading on the back of a rally in New York last night after minutes from the last meeting of the Federal Reserve showed policymakers considered stimulus measures to kickstart the world's biggest economy. In London, online gaming firm bwin.party surged higher on the
Read moreFriday tips round-up: Glencore, IMI, SIG...
26th Aug 2011 06:57
The Questor column at the Telegraph says it was wary of Glencore's shares when the mining and commodities trading house floated in London and Hong Kong in May. Questor thought there were likely to be better opportunities elsewhere that carried less risk. Three months on from their debut and Glencore
Read moreLondon close: Stocks slide after US jobs disappointment
25th Aug 2011 16:39
After an uncertain start following a raft of mixed company updates, London's leading share index finished firmly in the red as some weak US jobs data set nerves on edge. Unemployment claims in the world's biggest economy unexpectedly rose by 5,000 to 417,000 in the week to 20 August. Traders are n
Read moreFTSE 100 Movers: Share price up after IMI surpasses £1bn
25th Aug 2011 13:16
The share price was soaring after a 12% increase in sales at global engineering firm IMI saw revenue top the £1bn mark in the first half. Revenue for the six months ended 30 June rose from £925m to £1,032m, "reflecting continued improvement in trading conditions in most of our end markets," the f
Read moreLondon midday: Mixed reception for deluge of updates
25th Aug 2011 12:10
London's leading share index is uncertain today as the continuing stream of company updates gets a mixed reception. Kazakhstan-focused copper miner Kazakhmys is in demand after it said underlying profits were 24% ahead in the first half and revealed details of a $250m buy-back programme. The group
Read moreLondon open: Company results drive FTSE 100 up 0.7%
25th Aug 2011 08:32
Some pleasing company results drove the Footsie higher in early trading while the banks were also providing a lift. Kazakhstan-focused copper miner Kazakhmys was a high riser after it said underlying profits were 24% ahead in the first half and revealed details of a $250m buy-back programme. The gr
Read moreLondon pre-open: Wall Street's late surge provides boost
25th Aug 2011 07:19
The top-share index is set to open around 25 points higher as UK investors take heart from the late surge yesterday on Wall Street which saw US markets finish higher for the third day in succession and the Dow enjoy a triple-digit gain. International engineering group IMI saw headline profit before
Read moreIMI sales top £1bn
25th Aug 2011 07:09
A confident IMI upped its interim dividend by 22% as half-year revenues at the FTSE 100 global engineering firm top the £1bn mark. Revenue for the six months ended 30 June rose from £925m to £1,032m, "reflecting continued improvement in trading conditions in most of our end markets," the firm said
Read moreSector movers: Software stocks rise on Autonomy deal
19th Aug 2011 15:28
Software and computer services was the highest performing sector, benefiting from a move by US computing giant Hewlett-Packard (HP) which made a recommended offer for Cambridge-based software firm Autonomy. HP is offering 2550p for each Autonomy in a deal that values the data search software compa
Read moreLondon close: FTSE 100 rallies to close with gains
16th Aug 2011 16:50
The FTSE 100 found strength as the day progressed, helped by some economic data from the US, and managed to finish with gains. Sentiment had been depressed earlier on by figures on this side of the pond. The Eurozone economy grew by a paltry 0.2% in the second quarter compared with the previous thr
Read moreLondon midday: Stocks fall back amid economic worries
16th Aug 2011 12:08
Stocks are firmly in the red as investors digest some sobering economic data both at home and abroad. The Eurozone economy grew by a paltry 0.2% in the second quarter compared with the previous three month period amid a sharp slowdown in growth in the trading bloc's economic powerhouse Germany. He
Read moreFTSE 100 Movers: Rangold benefits from gold rush
16th Aug 2011 09:51
In morning trading the FTSE 100 dropped 0.9% to 5,299.05, with both banks and mining stocks down. Randgold Resources saw a boost off the back of a rising gold price, and a flight to safety by risk-averse investors. Oil company Cairn is lower after RBS cut its rating from 'buy' to 'hold'. Enginee
Read moreLondon open: Miners, engineers lead fallers
16th Aug 2011 08:33
Just four stocks were making gains in early trading as London's blue chip index slipped 1% lower. The Footsie gave up its gains made on Monday and was trading below the 5,300 mark as miners and engineers provided a drag. Randgold Resources was among the few risers, tracking the price of gold higher
Read moreSunday tips round-up: Kazakhmys, Axis-Shield, 5 post-slump shares
14th Aug 2011 19:43
Kazakhmys operates in Kazakhstan, where it is predominantly a copper miner, though it also produces zinc, silver and gold and operates a major power station. The market for its copper is partly in Europe, but mainly in China, which is an immediate neighbour. Kazakhmys is at risk in the event of a ma
Read moreLondon close: Footsie closes higher, despite afternoon sell-off
22nd Jul 2011 16:31
After a solid start on the back of positive developments in Europe, the Footsie trimmed gains in the afternoon as investors looked to lock in profits following a strong finish on Thursday. Despite touching as high as the 5,967 level before midday, the Footsie steadily declined to close at 5,935. Me
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