London close: Stocks finish up, China and Eurogroup in focus
12th Mar 2012 16:34
- Stocks jump into the blue late on - China records worse-than-expected trade deficit - Resource stocks fall on Chinese demand concerns London's blue chip index managed to finish the day in positive territory despite swinging between gains and losses for most of the session. Concerns over the globa
Read moreLondon open: Stocks flat after Chinese data
12th Mar 2012 08:34
- China in net deficit in January and February combined - Glencore eyeing up Viterra - Temenos drops out of the running for Misys The Footsie opened flat on Monday after some disappointing economic data from China was weighing on financials and resource stocks. Chinese economic indicators out over
Read moreFTSE 100 movers: Double resignation hits Schroders' shares
8th Mar 2012 13:15
Both the Chairman and the Chief Investment Officer at asset management firm Schroders have announced their intention to step down from their respective roles, a move which caused shares to take a swift dive. Meanwhile, miners were among the highest risers of the day, with Kazakhmys, Antofagasta, V
Read moreLondon midday: Momentum continues as BoE stays put
8th Mar 2012 11:43
- BoE maintains interest rates and asset purchases. - Greek debt-swap participation rate estimated at 60 percent. - Miners lift the Footsie higher. The earlier momentum had continued by lunchtime after the Bank of England announced that it has decided to maintain its interest rates at 0.5 percent,
Read moreLondon midday: Stocks edge higher, markets await Greek debt-swap
7th Mar 2012 11:25
- Admiral jumps 11% as outlook improves. - BATS, CRH, Serco down after going ex-dividend. - Markets await the Greek debt-swap deadline. Following a shaky start, London's FTSE 100 index looked to have found its direction by midday, trading three tenths of a percent point higher following the sell-of
Read moreLondon open: Ex-div stocks offset a surging Admiral
7th Mar 2012 08:34
- Admiral surges 11 percent on full-year results. - Ex-div stocks provide a drag. - Greek debt-swap deadline looms. Following the 2.8 percent tumble over the last three days, the Footsie opened broadly flat on Wednesday ahead of tomorrow's deadline for the Greek debt-swap. A surge in the share pric
Read moreLondon open: Stocks fall ahead of Greek debt-swap
6th Mar 2012 08:33
- IIF warns of 1trn euro damage to Eurozone. - Fresnillo bucks sector trend to rise after results. - Defensives in demand. With just a couple days to go before the Greek debt-swap deadline, investors were in a cautious mood as the Footsie slipped lower in early trading on Tuesday. Europe is awaiti
Read moreLondon close: Miners lead the decline as China cuts GDP forecast
5th Mar 2012 16:36
- Chinese growth forecasts dampens miners. - UK and Eurozone PMIs disappoint. - Steering Committee to participate in Greek debt swap. London's blue chip index fell to its lowest level of the day on Monday as concerns over the global economy dampened the mood. Miners bore the brunt of the sell-off i
Read moreLondon open: Miners fall as China cuts GDP target
5th Mar 2012 08:32
- China cuts 2012 GDP target to 7.5%. - Miners drag Footsie lower early on; Glencore declines after results. - BP up after Macondo settlement. With China cutting its growth forecast to the lowest level since 2004, miners were the worst performers in early trading on Monday, dragging London's FTSE 1
Read moreFTSE 100 movers: GKN drops despite hiking divi
28th Feb 2012 14:49
Automotive and aerospace engineer GKN dropped into the bottom spot despite hiking its total dividend by a fifth after seeing double-digit growth in both sales and profits in 2011. The group did report a subdued performance in GKN Aerospace as it has struggled with governments' defence spending remai
Read moreLondon midday: Footsie edges higher, GKN tumbles
28th Feb 2012 11:48
-Footsie trade within narrow range, edges 0.2% higher. -GKN, Whitbread, Serco disappoint after results/updates. -Persimmon jumps 13% after announcing cash return. London's FTSE 100 index held on to moderate gains by lunchtime, after having traded within a narrow range of just 19 points in the morni
Read moreLondon open: Banks, miners provide a lift early on
28th Feb 2012 08:38
- Banks, miners rise strongly. - GKN drops after full-year results. - Persimmon surges after handing back cash to shareholders. The FTSE 100 opened higher on Tuesday, despite a negative reaction to statements from GKN, Whitbread and Serco, as banks and miners rose strongly following yesterday's bac
Read moreLondon midday: Footsie nudges higher ahead of US open
24th Feb 2012 11:49
- Lloyds falls on tough outlook for 2012. - Consumer product groups Unilever, Reckitt sold off. - BoE's Fisher thinks outlook is 'incredibly uncertain'. The Footsie was trading just a few points higher by midday on Friday, as a decline in consumer products stocks, miners and Lloyds was offset by a
Read moreLondon open: Footsie slips as ex-div stocks provide a drag
22nd Feb 2012 08:35
- Shell makes near-£1bn bid for Cove Energy. - Markets digest Greek bailout, China data. - Ex-div stocks provide a drag. The FTSE 100 slipped slightly into the red in the opening hour on Wednesday as investors continue to digest the Greek bailout approved on Monday night. Meanwhile, Chinese manufac
Read moreFTSE 100 movers: Miners leap on Greek deal optimism
20th Feb 2012 14:33
Mining stocks and banks performed well in the morning session, buoyed by Greek optimism and the People´s Bank of China's decision to cut its legal reserve ratio requirement for large banks by half a percentage point, announced late on Friday. Mining stalwarts Kazakhmys, Eurasian Natural Resources
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