London open: Stocks slump on Chinese manufacturing data
22nd Mar 2012 08:33
- Chinese data dampens sentiment - Randgold plummets on Malian troubles - Broker downgrades weigh on AMEC, REIT stocks The Footsie sank in early trading on Thursday with the miners providing a drag after the release of more disappointing economic data from China. Chinese factory activity register
Read moreLondon close: Chinese fears fuel sell-off
20th Mar 2012 16:26
- Miners drop on Chinese outlook - Glencore to buy Viterra for 3.9bn pounds - Supermarket stocks rise on broker upgrades Concerns about slowing growth in China have dampened sentiment today with miners bearing the brunt of the sell-off as falling house prices and rising fuel costs are feared to be
Read moreSector movers: Miners plummet as investors seek defensives
20th Mar 2012 16:13
Miners were the laggards of the day on Tuesday with worries over the Chinese economic outlook prompting a shift into relatively 'safer' assets, such as telecoms and retailers. Concerns about slowing growth in China seem to have dampened sentiment today, with miners bearing the brunt of the sell-off
Read moreFTSE 100 movers: Miners plunge on concerns over Chinese demand
20th Mar 2012 14:00
The miners were the worst performers of the day on Tuesday on fears over the economic outlook for China. Ian Ashby, President of BHP Billiton's iron ore division, told reporters in Australia that "the (Chinese) economy is shifting, it's changing. Steel growth rates will flatten and they have flatt
Read moreLondon midday: Miners tank on Chinese growth fears
20th Mar 2012 12:02
- Inflation falls but not as much as expected - Miners fall on Chinese demand concerns - National Grid advances after a kind word from Nomura The Footsie slumped to its lowest levels of the day by midday, down a whole percentage point, after UK inflation fell at a lower-than-expected pace and worri
Read moreMiners drop on Chinese growth fears - UPDATE
20th Mar 2012 09:22
The world's biggest mining company, BHP Billiton, has said that Chinese demand for iron ore is "flattening", prompting a sell-off in the resources sector on Tuesday. Ian Ashby, President of BHP's iron ore division, told reporters in Australia that "the (Chinese) economy is shifting, it's changing.
Read moreLondon open: Miners pull the Footsie lower
20th Mar 2012 08:36
- Miners fall as BHP warns of slowing steel production in China - OBR to raise UK GDP forecasts for 2012 - ARM, National Grid, United Utilities rise after upgrades The FTSE 100 slumped in the opening hour on Tuesday as the miners dragged the blue chip index into the red for a second day. According
Read moreLondon pre-open: Stocks down ahead of today's CPI and RPI data
20th Mar 2012 07:28
City sources predict the FTSE 100 will open down 19 points from yesterday's close of 5,961 ahead of today's Consumer Price Index and Retail Price Index data as investors await fresh direction from the market. Advertising and media giant WPP is to buy a minority stake in Pakistan-based marketing
Read moreRio Tinto issues clutch of fixed rate bonds
20th Mar 2012 07:03
Mining colossus Rio Tinto has announced a clutch of fixed rate bond issues with a weighted average maturity of 11.6 years. The offering comprises $500 million of three-year, $500 million of five-year, $1 billion of 10-year and $500 million of 30-year debt securities, making $2.5bn in total. Coupon
Read moreSunday tip round-up: Dogs of the FTSE, Investors´ favourites
18th Mar 2012 14:07
Since the year 2000 experience seems to show that investing in the highest yielding stocks of the UK´s benchmark index, when the economy is recovering, can be a sound strategy. Therefore, given signs that the worst is over the Midas team at the Daily Mail has decided to re-launch their 'Dogs of the
Read moreFTSE 100 movers: Shire stuck in the mud
15th Mar 2012 14:21
Pharmaceuticals firm Shire was the biggest blue-chip faller after it withdrew its licence application for the Fabry disease treatment, REPLAGAL, with the US Food and Drug Administration (FDA). Richard Brasher, the head of Tesco's UK operations, is to quit after only a year in the job, sending the s
Read moreLondon close: Stocks surge on improving global outlook
13th Mar 2012 16:48
- FTSE 100 at highest levels since last summer - Markets await FOMC, words from Bernanke - Draghi sees signs of 'stabilisation' The Footsie finished at an eight-month high on Tuesday, up a whole percentage point on the day, as financial stocks made gains on the back of an improving global economic
Read moreFTSE 100 movers: Antofagasta digs itself to the bottom of the pile
13th Mar 2012 14:12
Antofagasta was in the bottom spot despite boasting of another year of record revenues, profits and output in 2011. However, the market was largely unimpressed by the figures from the Chilean copper miner which parted company earlier this month with its Chief Executive Officer. The shares retreated
Read moreLondon midday: Stocks extends gains after ZEW survey
13th Mar 2012 11:46
- German ZEW reaches highest level in over a year - Spain to accept Eurogroup's fiscal consolidation request - Miners, banks lead the rise on the Footsie Stocks were extending gains by lunchtime after a German confidence survey smashed expectations. Meanwhile, US stock futures are pointing to a pos
Read moreLondon open: Financials, miners lead the rise
13th Mar 2012 08:38
- Standard Life, Pru in demand after results - Antofagasta, G4S lead the fallers - BoJ maintains rates, ups asset purchases The Footsie rose strongly on Tuesday helped by some well-received full-year results from insurers and a decent performance by banking and mining stocks as risk appetite increa
Read more