London open: Miners lead Footsie lower
19th Nov 2009 08:19
Miners are leading London's top stocks lower in early dealings on Thursday, while investors also have a stream of company updates to consider. Nine out of the ten worst performers are miners. Fresnillo, Xstrata, Antofagasta, Rio Tinto, Anglo American, Vedanta Resources, Eurasian Natural Resources,
Read morePaypoint profit down, divi up
19th Nov 2009 07:49
Payment services group Paypoint reported a 10% drop in half year pre-tax profit but said it was confident about its growth prospects. The group, which provides ATM services said, for the six months ended 27 September 2009 pre-tax profit fell to £13.8m from £15.3m the year before. Revenue fell to £
Read moreFTSE 250 movers: Charter down ahead of update
2nd Nov 2009 13:07
Industrial engineer Charter International is easier Monday ahead of a trading update due Thursday. In July, the company reported interim results that were in line with expectations, with the added bonus of a maintained dividend. Underlying earnings were ahead of consensus. Killik Capital called th
Read moreLondon close: US confidence sours sentiment
14th Aug 2009 16:28
Weaker than expected US consumer sentiment data upset the apple cart Friday, giving investors an excuse to bank profits ahead of the weekend. Stockmarkets on both sides of the Atlantic have risen 15% in the past month, so no wonder investors were keen to trim their portfolios. Wall Street headed s
Read moreLondon afternoon: US sentiment data disappoints
14th Aug 2009 15:30
London's stockmarket overcame a technical glitch Friday afternoon only for equities to turn lower following a surprise plunge in US consumer confidence. Wall Street tumbled three figures shortly after the University of Michigan said its consumer sentiment index for August fell to 63.2 rather than t
Read moreLondon midday: Equities still on the REIT track
14th Aug 2009 11:59
Properties, miners and housebuilders were the sectors making the running this morning as London's blue-chip index strives to make it three days of rises in a row. Reports this morning suggested a consortium of some of the world's richest families is plotting a bid for British Land. Liberty Internat
Read moreLondon open: British Land bid talk lifts market
14th Aug 2009 08:44
London's blue chips have opened slightly higher on a relatively quiet day with bid rumours among the big property groups the main talking point. Reports this morning suggested a consortium of some of the world's richest families is plotting a bid for British Land. Hammerson and Land Securities are
Read moreLondon pre-open: Positive start ahead
14th Aug 2009 07:39
London's blue chips are expected to open slightly higher on a relatively quiet day. Investors are likely to focus on US inflation and industrial production data due in the afternoon. Payment services group Paypoint said its trading performance since the end of March has been satisfactory. The compa
Read moreMobile top-ups slow Paypoint
14th Aug 2009 07:03
Payment services group Paypoint said its trading performance since the end of March has been satisfactory. The company said that, as anticipated, mobile top-up volumes in the UK, Romania and Ireland are running at lower levels than last year as a result of mobile operators offering more airtime for
Read morePlant Health non-exec buys 50k shares
14th Jul 2009 16:51
Plant Health Care, the natural plant supplement supplier, said non-executive director Dominik Koechlin bought over £87,000 worth of shares in the firm. Koechlin had purchased 50,000 shares at a price of 175p each. Following the transaction, Koechlin's holding increased to 85,000 shares. Top Dire
Read moreLondon close: Late rally not enough
2nd Jun 2009 16:46
A rally in the afternoon session was not enough to lift the Footsie out of negative territory, though second-liners were moderately firmer on balance. Bank Barclays was the day’s worst performing blue-chip after news of the sale by IPIC broke overnight. Khadem Al Qubaisi, managing director of IPIC,
Read moreLondon close: Blue chips close lower
28th May 2009 16:51
UK blue chips closed lower despite a bright start on Wall Street with sentiment knocked by poorly received updates from Wolseley and Man Group. Hedge fund manager Man Group was weighed down by disappointing results. "The past financial year saw extraordinary turmoil in financial markets globally wh
Read moreLondon afternoon: Leading shares trim losses
28th May 2009 14:12
Shares staged a fight back over the lunch-time session but Footsie remains in the red ahead of the opening on Wall Street, which is expected to see shares open moderately firmer. Shares in hedge fund manager Man Group would be expected to plunge on a day when optimism about the economic recovery of
Read moreLondon midday: Bears bite Man
28th May 2009 11:56
Stock market bears were out in force again this morning in London after thee overnight shake-out on Wall Street. Shares in hedge fund manager Man Group would be expected to plunge on a day when optimism about the economic recovery of the US is in short supply but the stock is also weighed down by
Read moreLondon open: Footsie starts down
28th May 2009 08:14
London's top stocks have started in the red as the US markets finished lower yesterday. Hedge fund manager Man Group is the biggest faller after it saw profits slide for the year. "The past financial year saw extraordinary turmoil in financial markets globally which put extreme stress on business
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