FTSE 250 movers: Miners and energy stocks rally; Wizz Air crashes
7th Oct 2015 13:46
(ShareCast News) - London's FTSE 250 index was down 0.2% at 17,101.89 just after 1400 BST, underperforming the broader market. Miners were firmly on the front foot as metals prices advanced and the sector got a boost from an upbeat note by Morgan Stanley. The bank upgraded its stance on the European
Read moreLondon close: Stocks end higher despite negative services data
5th Oct 2015 16:03
(ShareCast News) - UK stocks gained as the market proved resilient against a batch of negative services data on hopes the Federal Reserve will keep interest rates unchanged for longer. The Markit/CIPS UK services purchasing managers' index fell to 53.3 in September from 55.6 in August, compared to a
Read moreFTSE 250 movers: Kaz Minerals shoots higher as copper gains; Playtech slumps
5th Oct 2015 14:34
(ShareCast News) - London's mid-cap index was up 1.7% to 17,084.45 at 1450 BST, tracking broader gains in the market as last week's disappointing nonfarm payrolls report prompted investors to push back expectations of a Federal Reserve rate hike. Kaz Minerals shot higher as copper prices added 1% ei
Read moreFTSE 250 movers: Slump in commodities pulls mining stocks lower
28th Sep 2015 17:02
(ShareCast News) - The FTSE 250 dropped 1.11% at the close, with Kaz Minerals the biggest faller on the London index as commodity prices declined. Shares in Kaz Minerals plunged 26.35%, along with a batch of other miners in the sector as investors digested a drop in metal prices and weak Chinese ind
Read moreFTSE 250 movers: Healthy rise for Synergy Health, Aggreko powers down
25th Sep 2015 16:18
(ShareCast News) - The FTSE 250 was up 287.23 points or 1.74% to 16,801.76, rising sharply on Friday morning on the back of Janet Yellen's comments overnight. Synergy Health shares skyrocketed on the news that a federal court in Ohio has ruled against the Federal Trade Commission's request for a pre
Read moreFTSE 250 movers: IG rallies on well-received update, Kaz Minerals tumbles
22nd Sep 2015 15:43
(ShareCast News) - London's FTSE 250 was in the red on Tuesday. At 1600 BST, the index was down 1.9% at 16,569.59, in line with the broader market, as mining stocks took a hit. IG Group was the standout gainer after the trading firm posted an increase in revenue in the first three months of the year
Read moreLondon close: Analysts see further downside risks for copper
21st Sep 2015 17:06
(ShareCast News) - UK stocks finished the session with slight gains, tracking the ebb and flow of trading Stateside as analysts continued to weigh in with their opinions on the US Federal Reserve's decision on 17 September to stay put. Investors were also digesting remarks from various Fed officials
Read moreSector movers: Oil stocks lead falls
18th Sep 2015 16:28
(ShareCast News) - Oil stocks led to the downside on Friday after the US Federal Reserve's rate decision on the previous day fanned global growth fears. Traders reacted poorly to Fed chair Janet Yellen's admittedly difficult to deliver message regarding growth concerns for overseas markets, on the o
Read moreFTSE 250 movers: Miners and automotive links hit mid-caps
14th Sep 2015 17:05
(ShareCast News) - Like its larger benchmark counterpart, the FTSE 250 index pared early gains to finish Monday's session in negative territory. By the close, the second-line index was down 0.25% to 16,925.69 points. Platinum miner Lonmin, one of the index's most volatile stocks, was down by more t
Read moreFTSE 250 movers: Kaz rides copper's rise, Credit Suisse lifts Aveva target
7th Sep 2015 15:20
(ShareCast News) - The FTSE 250 index fought back from early losses to finish in positive territory on Monday, up 0.21% to 16,842.52 points with miners to the fore. Copper miner Kaz Minerals, like its FTSE 100 copper peer Antofagasta was lifted by improving sentiment in the orange metal. Euromoney
Read moreFTSE 250 movers: Booker gains on JPM note, commodity stocks slide
4th Sep 2015 16:12
(ShareCast News) - London's mid-cap index was down 1.4% to 16,834.66 at 1611 BST, with commodity stocks pacing the decline as a disappointing nonfarm payrolls report exacerbated worries about a global economic slowdown. Booker was on the front foot as JPMorgan Cazenove raised its price target on the
Read moreKaz Minerals surges after swinging to interim profit
20th Aug 2015 08:02
(ShareCast News) - Shares in Kaz Minerals surged early on Thursday, after the miner swung to an interim pre-tax profit, although lower commodity prices weighed on the company's performance. In the six months to the end of June, the miner reported a $2m pre-tax profit compared with a $104m loss in th
Read moreBroker tips: Kaz Minerals, Persimmon, Lonmin
18th Aug 2015 15:37
(ShareCast News) - Goldman Sachs has reiterated its 'sell' recommendation on KAZ Minerals as the copper-focused miner is expected to deliver disappointing first-half results on Thursday. Shares in KAZ fell 2.1% to 146.7p by 1140 BST on Tuesday, as Goldman kept its 12-month target price at 137p. Int
Read moreKAZ Minerals sinks under Goldman Sachs sell rating
18th Aug 2015 11:28
(ShareCast News) - Goldman Sachs has reiterated its 'sell' recommendation on KAZ Minerals as the copper-focused miner is expected to deliver disappointing first-half results on Thursday. Shares in KAZ fell 2.1% to 146.7p by 1140 BST on Tuesday, as Goldman kept its 12-month target price at 137p.
Read moreKAZ Minerals reports fire at northern Kazakhstan project
14th Aug 2015 09:42
(ShareCast News) - KAZ Minerals said on Friday that a fire occurred overnight in the grinding area of the contractor building at its Bozshakol project in northern Kazakhstan. The company, which focuses on high-growth copper on large scale, low cost open pit mining in Kazakhstan, said the fire has be
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