Wednesday broker round-up UPDATE
18th Sep 2013 08:28
African Minerals: Canaccord Genuity reduces target price from 410p to 330p, while its buy recommendation remains unaltered. Amlin: Goldman Sachs moves target price from 405p to 420p and reiterates a neutral rating. Andor Technology: Investec takes target price from 360p to 410p leaving its buy rec
Read moreThursday broker round-up UPDATE
12th Sep 2013 09:01
African Minerals: Deutsche Bank cuts target price from 550p to 450p and retains a buy recommendation. Citi lowers target price from 380p to 320p keeping a buy recommendation. Aggreko: Deutsche Bank reduces target price from 2100p to 1870p, while staying with its buy recommendation. ARM Holdings: G
Read moreLondon close: Stocks jump to four-week high as Syria concerns ease
10th Sep 2013 16:40
The FTSE 100 jumped to a four-week high on Tuesday as investors' fears of an impending US military strike on Syria eased and the economic outlook for China improved. London's benchmark index finished 53.25 points higher at 6,583.99, a gain of 0.82%; the last time it closed higher was on August 14th
Read moreFTSE 250 movers: Ashmore rises on record subscriptions
10th Sep 2013 14:39
Record subscriptions helped emerging markets asset manager Ashmore to drive strong net inflows into its funds in the year to June, giving the share price a boost today. Strong net inflows of $13.4bn led to a 22% increase in assets under management (AuM) to $77.4bn during the year, with average AuM
Read moreLondon midday: FTSE 100 nears one-month high
10th Sep 2013 11:39
Receding fears about a potential US military strike on Syria and decent data from China lifted UK stocks on Thursday morning, with the FTSE 100 rising to levels not seen in nearly a month. London's benchmark index was up 0.8% at 6,581.91 by midday; the last time it closed higher was on August 14th
Read moreLondon open: Stocks rise on Syria developments, China data
10th Sep 2013 08:39
Stocks jumped strongly on Tuesday morning following a decent finish on Wall Street the night before on the back of easing concerns about a potential US strike on Syria. US benchmarks rose by an average 1% on Monday after Russian Foreign Minister Sergei Lavrov urged Syria to place any chemical weapo
Read moreTuesday broker round-up UPDATE
10th Sep 2013 08:17
African Barrick Gold: Investec shifts target price from 135p to 137p, while downgrading from hold to sell. Aquarius Platinum: JP Morgan moves target price from 39p to 49p, while downgrading from neutral to underweight. Citi lowers target price from 66p to 54p and downgrades from buy to neutral. As
Read moreLondon pre-open: Stocks seen higher as concerns over Syria intervention ease
10th Sep 2013 07:24
Markets are expected to open firmly higher on Tuesday morning, taking their cue from a strong finish on Wall Street last night, on the back of easing concerns about an imminent US military intervention in Syria. City sources predict the FTSE 100 will open up 32 points from yesterday's close of 6,5
Read moreUS budget squeeze weighs on Oxford Instruments
10th Sep 2013 07:03
Oxford Instruments said the growth in the order intake rate in Industrial Products and third party Service is encouraging, but slowness in research and development (R&D) markets in the Western economies means that the year is likely to be more second-half weighted. The group, which provides high-te
Read moreMonday broker round-up UPDATE
2nd Sep 2013 08:57
Berkeley Group: Panmure Gordon raises target price from 2046p to 2150p and reiterates a hold recommendation. Betfair: Panmure Gordon increases target price from 1000p to 1317p and maintains a buy recommendation. BHP Billiton: WH Ireland downgrades to neutral. British Land: Exane ups target price
Read moreLondon close: Stocks weighed down by periphery woes
12th Jul 2013 18:01
A positive start to trading on Wall Street helped the Footsie to evade the losses seen in the rest of the Continent as a result of a sharp rise in Portuguese bond yields. Strong gains in the financial sectors, as investors continued to focus on dovish comments from Federal Reserve Chairman Ben Berna
Read moreLondon midday: Markets extend gains despite concerns over China
12th Jul 2013 12:11
Strong gains in the financial sectors were lifting markets higher on Friday despite concerns over a slowdown in China, as investors continued to focus on dovish comments from Federal Reserve Chairman Ben Bernanke. Stock futures on Wall Street were pointing to a positive start on Friday, extending g
Read moreLondon open: Markets extend gains after record highs on Wall Street
12th Jul 2013 08:51
Markets looked set to end the week on a high note with financial stocks lifting the FTSE 100 higher in early trading on Friday, as sentiment was buoyed by record highs on Wall Street last night. Both the Dow Jones and S&P 500 indices closed at their highest ever levels on Thursday, while the Nasdaq
Read moreLondon pre-open: FTSE 100 to extend recent gains early on
12th Jul 2013 07:45
Markets are expected to open slightly higher on Friday, building on the previous day's gains which sent the FTSE 100 to its highest level in over a month. City sources predict the FTSE 100 will open up 11 points from yesterday's close of 6,543. The last time the index had finished above that level
Read moreOxford Instruments reports slow start to the year
12th Jul 2013 07:06
Oxford Instruments, which provides technology for research, had a slow start to the year but sales have picked up, according to a trading update for April 1st to date. The company said performance in the first two months of the year was down in comparison to a strong prior year. However, sales and
Read more