London open: Footsie shrugs off bank weakness
18th Dec 2009 08:45
London's blue chips have opened higher despite another weak showing from the banks after harsher than expected recommendations from the Basel Committee yesterday. Shares in all four fell heavily yesterday on the news and Barclays, Lloyds, Royal Bank of Scotland and Standard Chartered are all lower
Read moreBanks shares suffer on more curbs threat
18th Dec 2009 08:19
Shares in banks came under pressure for a second day as investors mulled the prospect of lower future profits and dividends after the latest recommendations from the Basel Committee of central bankers. Lloyds, Barclays and Royal Bank of Scotland all fell again as the committee, seen as a overseeing
Read moreLondon close: Banks spooked by higher capital call
17th Dec 2009 16:34
Banks sank on a call for tougher capital requirements and coupled with a weak mining sector it meant a poor day in London. Lloyds Banking took a pasting, while Standard Chartered and Barclays were also among the worst performers. The Basel Committee of central bankers and supervisors called for st
Read moreFTSE 100 movers: Banks lead market lower
17th Dec 2009 15:48
Banks fell after the US Federal Reserve pointed out that it will end its special liquidity measures early next year. Lloyds Banking Group and Barclays are the biggest fallers. Mining companies were also much lower because the strength of the dollar has hit commodity prices. Xstrata and Antofagasta
Read moreLondon afternoon: Barclays hit by lawsuit
17th Dec 2009 13:55
Footsie remains deep in negative territory, and with US markets set to open lower, there is no prospect of a boost from Wall Street. Banks and miners are responsible for much of the blue-chip index's fall. Lloyds Banking is leading the fallers, while Standard Chartered and Barclays are also among t
Read moreLondon midday: Shares slip as banks and miners slide
17th Dec 2009 12:09
Falls across the board for the heavyweight bank and mining sectors are keeping Footsie firmly in the red. Lloyds Banking is leading the blue chip fallers, while Standard Chartered and Barclays are also among the worst performers. Among the miners, Antofagasta, Eurasian Natural Resources and Xstrat
Read moreLondon open: Banks and miners lead fall
17th Dec 2009 08:49
Weak miners and banking shares are leading London's top stocks lower in early dealings on Thursday. UK shares were expected to start the session in the red after Wall Street fell following the latest Federal Reserve rate decision and stimulus update. The central bank said interest rates would stay
Read moreUK close: FTSE 100 closes higher
16th Dec 2009 16:43
Footsie ended with gains as better than expected UK unemployment figures lifted sentiment. The number of people claiming unemployment benefit fell for the first time since February 2008 in November amid further signs the UK economy is beginning to recover from the economic downturn. The claimant
Read moreLondon afternoon: Stocks lack direction
16th Dec 2009 14:30
Leading shares are mixed, with the Footsie dipping a toe into negative territory despite better than expected UK unemployment figures announced this morning. The number of people claiming unemployment benefit fell for the first time since February 2008 in November amid further signs the UK economy
Read moreLondon close: Financials lift Footsie
14th Dec 2009 16:58
Footsie began the week with good gains as the day got off to a strong start following news that Abu Dhabi is to bail out its troubled fellow Emirate Dubai. Investors piled into LSE, Standard Chartered and HSBC as the threat of possible huge bad debts recedes. An upgrade by Credit Suisse, which hi
Read moreLondon afternoon: Footsie up over 1%
14th Dec 2009 14:52
The UK's leading shares are finding plenty of support after a strong start on Wall Street and the Dubai bail-out. Investors have piled into LSE, Standard Chartered and HSBC as the threat of possible huge bad debts recedes. An upgrade by Credit Suisse, which highlighted the low exposure to Dubai a
Read moreFTSE 100 movers: Dubai gives LSE a boost
14th Dec 2009 13:11
London Stock Exchange is the best performer today after Abu Dhabi guaranteed the debt position of Dubai World, one of the flagship companies of its neighbour Dubai. Borse Dubai, which is state run, owns a 20.56% stake in the LSE, and there had been fears it would have to sell its stake to raise mon
Read moreLondon midday: Dubai gives general boost
14th Dec 2009 12:11
London's bue chips are still posting healthy gains, helped by the decision of Abu Dhabi to bail-out Dubai, its financially embarrassed neighbour. LSE, Standard Chartered and Royal Bank of Scotland are up on the Dubai news, which should lift the cloud of possible huge bad debts hitting the sector.
Read moreLondon open: Bright start as Dubai fears ease
14th Dec 2009 08:49
London's top stocks have opened more than 50 points higher with sentiment buoyed by the decision of Abu Dhabi to bail-out Dubai, its financially embarrassed neighbour. LSE, Standard Chartered and Royal Bank of Scotland are up on the Dubai news, which should lift the cloud of possible huge bad debts
Read moreLondon pre-open: Shares set to gain
14th Dec 2009 07:35
London's top stocks are expected to open around 50 points higher on a relatively busy Monday morning on the company news front. Dairy Milk and Crème Egg maker Cadbury today recommended shareholders reject the bid from processed foods maker Kraft Food, which it says substantially undervalues the com
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