FTSE 100 movers: Randgold makes late bounce, as constituents all in red
24th Aug 2015 15:27
(ShareCast News) - Every one of the FTSE 100 shares were in the red on Monday, as stock markets all belly flopped the world over, sparked by a dismal finish last week and a bad start from China on Monday morning. After falling more than 5% at one stage, the FTSE pared losses latter in the London
Read moreFTSE 250 movers: N Brown bounces back, Poundland dragged ahead of CMA decision
24th Aug 2015 15:11
(ShareCast News) - The FTSE 250 showed a few green islands of buoyant investor sentiment, compared to the red sea of the FTSE, though the index was well in negative territory on Monday like all its counterparts around the globe. By 1600, London's the mid-cap index was down 3.44% at 16,295.98 points.
Read moreFTSE 100 movers: Anglo American, BHP lead fallers
18th Aug 2015 14:31
(ShareCast News) - The FTSE 100 was down 23 points, or 0.35%, to 6,527. Shares fell as a rise in inflation heightened the debate on whether the Bank of England would lift rates as early as this year. Inflation rose by just 0.1% in July compared with expectations of a zero reading. On the stock marke
Read moreLondon open: Stocks open flat ahead of UK inflation figures
18th Aug 2015 08:32
(ShareCast News) - London stocks opened flat on Tuesday ahead of the release of UK inflation data which is expected to show a pick-up in growth. Analysts predict consumer prices rose 0.9% in July compared to a year ago, after a 0.8% gain a month ago. While the Bank of England is targeting 2% inflat
Read moreLondon midday: Oil and commodity producers push UK stocks lower
17th Aug 2015 11:27
(ShareCast News) - UK stocks dropped as a measure of oil and commodity producers declined. BP and Royal Dutch Shell were in the red as oil prices fell towards six-year lows on Monday after data showed Japan's economy contracted and US producers added drilling rigs despite a recent slump in the indus
Read moreFTSE 100 movers: Prudential rallies as first-half numbers impress, Burberry slumps on yuan devaluation
11th Aug 2015 14:36
(ShareCast News) - London's FTSE 100 index was down 0.8% at 6,681 at 1500 BST, as the devaluation of the yuan hit the heavily-weighted mining sector. Prudential was the standout gainer after the insurer posted a better-than-expected 17% rise in first-half operating profit and lifted its interim divi
Read moreInvestec downgrades Glencore as it reviews mining sector
10th Aug 2015 10:15
(ShareCast News) - Investec cut Glencore to 'sell' from 'buy' as it revised equity target prices on a number of mining stocks following further weakness in the Chinese economy and downgrades to its commodity price deck. "The increasing problems in China have caused us to reassess our commodity price
Read moreBroker tips: William Hill, UK Mail, Rio Tinto
7th Aug 2015 13:48
(ShareCast News) - Nomura on Friday reiterated its 'buy' rating on William Hill, citing the company's "strong, differentiated online presence". The gambling group reported a 35% fall in pre-tax profit to £78.7m and flat net revenue for the six months to 1 July as it battled through a period of major
Read moreMacquarie upgrades Rio Tinto after strong first-half results
7th Aug 2015 11:49
(ShareCast News) - Macquarie upgraded Rio Tinto to 'neutral' from 'outperform' and lifted the price target to 3,300p from 3,200p following the company's first-half numbers. It said the results were strong, with underlying earnings 10% better than Macquarie expected, adding that the reduced capital e
Read moreRio Tinto first-half profit drops but beats expectations
6th Aug 2015 07:40
(ShareCast News) - Mining giant Rio Tinto reported a 43% drop in underlying first-half profit as it took a hit from declining commodity prices, iron ore in particular, although the figures still beat expectations. For the six months ended 30 June, underlying profit came in at $2.9bn from $5.12bn in
Read moreFTSE 100 movers: StanChart, miners and Tesco lift index
5th Aug 2015 15:58
(ShareCast News) - The FTSE 100 was generally on the up through most of Wednesday's session, with some well-received financial results accompanied by a mining sector bounce. London's blue chip index was ahead by 0.78% at 6,738.50 points at 1616 BST, with BHP Billiton and Rio Tinto leading the pack t
Read moreRio, BHP and Glencore upgraded by Liberum as "fair value" reached
5th Aug 2015 11:18
(ShareCast News) - Analysts at Liberum have upgraded mining majors Rio Tinto, BHP Billiton and Glencore as the sector approached "plausible fair value", but reiterated Anglo American's 'sell' rating. Liberum now has a 'hold' rating on three of the FTSE 100 mining giants, with BHP Billiton's given a
Read moreLondon close: Weak China and US PMIs send FTSE lower
3rd Aug 2015 17:08
(ShareCast News) - Worse-than-expected manufacturing data in the US and China sent the FTSE lower at close on Monday. China's Caixin purchasing managers' index (PMI) on manufacturing activity, which was previously sponsored by HSBC, declined to a two-year low of 47.7 from June's 49.4 on a 100-point
Read moreFTSE 100 movers: Intertek surges on first-half numbers but miners slump on China woes
3rd Aug 2015 16:40
(ShareCast News) - London's top-flight index was down 0.3% at 6,676 by 15:55 BST, as worries about a slowdown in China put pressure on the heavily-weighted mining sector. It wasn't all bad, though, with several bright spots on the corporate front. Intertek surged after posting a 16% rise in first-ha
Read moreLondon open: FTSE opens lower on weak US and Chinese data
3rd Aug 2015 09:31
(ShareCast News) - The FTSE 100 opened lower on Monday on the back of disappointing US and Chinese data. US stocks fell at Friday's close following poor wage growth and consumer sentiment. Asian markets were also in the red on weaker Chinese manufacturing and lower oil prices. Two separate survey's
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