Broker tips: Miners, Vodafone, G4S
28th Jan 2010 12:49
Miners have had a tough time this month, with the sector down almost 14% from its high, but Nomura is advising clients to buy the current dip. The broker thinks fears about draconian monetary tightening in China and its impact on metals demand is 'misplaced' and expects Chinese demand for industri
Read moreLondon midday: Footsie flat after mixed earnings news
28th Jan 2010 12:13
Blue chips are struggling to make headway in the face of mixed company news today. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) is one of the best performers after it said it had a strong second quarter with revenues coming in marginally ahead of expectations. Turnover in
Read moreBroker snap: Buy miners on the dips
28th Jan 2010 09:35
Miners have had a tough time this month, with the sector down almost 14% from its high, but Nomura is advising clients to buy the current dip. The broker thinks fears about draconian monetary tightening in China and its impact on metals demand is 'misplaced' and expects Chinese demand for industri
Read moreLondon open: Footsie fights back
28th Jan 2010 08:20
London's top stocks have opened higher on Thursday, winning back some recent losses in early dealings. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) is one of the best performers after it said it had a strong second quarter with revenues coming in marginally ahead of expecta
Read moreLondon open: Blue chips struggle
26th Jan 2010 08:49
Footsie has fallen again in early dealing with miners again under pressure on worries about overheating in China and the possibility its government will slam the economic brakes on. The big mining names are all lower this morning. Rio Tinto, Anglo American and Lonmin are the worst affected, but fal
Read moreLondon close: Downward drift continues
25th Jan 2010 16:33
Nervousness returned to the markets after an indecisive start, sending Footsie to another day of losses on top of last week's slump. British American Tobacco, National Grid, GlaxoSmithKline and Scottish & Southern Energy were among the fallers. Miners were also hit, with ENRC, Anglo American and R
Read moreLondon afternoon: Shares drift lower
25th Jan 2010 16:04
Nervousness has returned to the markets following an indecisive start to the day. The UK's leading index has suffered further losses after last week's 200 point slump as investors discussed the potential impact of President Obama's new bank controls. US shares fell heavily last week on the shock
Read moreRio/BHP Billiton face EU probe over Pilbara
25th Jan 2010 12:46
Rio Tinto and BHP Billiton face a new probe into their Pilbara iron ore joint venture in Western Australia after the European Commission said it wants to examine whether it gives the pair a dominant position in the seaborne iron ore market. The European Commission said that Rio Tinto and BHP Billit
Read moreLondon midday: Footsie holding on
25th Jan 2010 12:22
London continues to trade just above 5,300 thanks to financials and mining plays, although defensive issues are proving a drag. The UK's leading index slumped 200 points last week as investors discussed the potential impact of President Obama's new bank controls. But it appears there's a feeling t
Read moreLondon open: Mixed start for blue chips
25th Jan 2010 08:45
London has opened lower with banks and miners mixed and buyers largely sitting on the sidelines. The potential impact of President Obama's new bank controls continues to weigh heavily on the UK sector, with additional fears that a new chunk of fund raising could be on the cards to meet tougher new
Read moreLondon close: Banks and miners drag Footsie lower
21st Jan 2010 16:30
Leading UK shares lurched lower in the afternoon as US shares weakened and investors waited nervously for President Obama's new bank reforms. The US President's proposals prohibit commercial banks from owning or investing in hedge funds or owning, investing or advising private equity funds, while a
Read moreLondon afternoon: Banks face 'tsunami' of pressure
21st Jan 2010 14:44
Leading shares traded sideways over the lunchtime session, albeit with a small dip at 1:30pm when the US market opened a tad lower. Banks and miners are impeding Footsie's progress, with the latter still friendless on concerns about demand from China. Pundits are predicting that the Chinese authori
Read moreLondon midday: Footsie ahead after mixed morning
21st Jan 2010 12:01
Footsie can't make up its mind this morning and after dropping into the red after miners gave up early gains the index is making good progress again. Xstrata, Rio Tinto, Anglo American, Fresnillo, Kazakhmys and Vedanta Resources remain the main blue chip fallers on concerns about demand from China.
Read moreLondon close: Healthy gain for Footsie
14th Jan 2010 16:26
London blue chips rose near the close to finish the day handily ahead, despite a disappointing response to the latest retail updates. Primark and British Sugar owner Associated British Foods was one of the few risers. The group had a better than anticipated end to 2009 and expects a 'significant in
Read moreFTSE 100 movers: Miners on the up again
14th Jan 2010 15:29
Miners kept Footsie in the blue yet again, with Xstrata, Rio Tinto, Kazakhmys and Antofagasta among the best performers. Rio Tinto hailed another very strong quarter for iron ore production, driven by continuing high demand from China' as it published its fourth quarter operations review. The comp
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