FTSE 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
Read moreSector movers: Natural resources stocks trigger another London market decline
23rd Jul 2015 15:38
(ShareCast News) - Natural resources, especially mining and metals, along with telecommunications stocks triggered yet another London market decline on Thursday. The FTSE 100 was down 12.33 points or 0.18% at 6655.01, while FTSE 250 was down 26.55 or 0.15% with mining, metal and oil stocks leading a
Read moreFTSE 100 movers: Easyjet soars on higher earnings outlook, insurers extend gains
22nd Jul 2015 14:40
(ShareCast News) - London markets edged lower on Wednesday after the Bank of England's rate-setting meeting had investors fretting about inflation risks. As of 15:00, the FTSE 100 was trading 1.4% lower at 6,672. Leading the fallers was ARM Holdings, which dropped after the chip maker reported seco
Read moreThursday broker round-up
16th Jul 2015 18:10
(ShareCast News) - Aveva Group: Panmure Gordon reiterates buy and 1,420p target. BP: JP Morgan Cazenove reiterates overweight. Centrica: Berenberg Bank reiterates underperform and ups target to 1,060p from 1,000p. Dixons Carphone: Canaccord Genuity ups target to 530p from 500p while reiterating bu
Read moreFTSE 100 movers: Shire higher on positive broker coverage, Rio Tinto boosted as production improves
16th Jul 2015 14:47
(ShareCast News) - London markets inched higher on Thursday, spurred on by reports of progress in Greece and strong performances from oil, engineering and property stocks. As of 1430 BST, the FTSE 100 was trading 0.6% higher at 6,791. Shire got a leg up as Berenberg re-initiated coverage of the sto
Read moreLondon open: Sterling and Greenback jump versus euro
16th Jul 2015 09:42
(ShareCast News) - Sterling was moving sharply higher versus the European single currency on Thursday morning, alongside the US dollar, as the market acknowledged the relatively greater scope for interest rate rises in both the UK and the US. That came ahead of a speech by Bank of England Governor M
Read moreFTSE 100 movers: Anglo American leads miners higher, Burberry hit by weak Asian sales
15th Jul 2015 14:36
(ShareCast News) - London markets were subdued on Wednesday, as strong performances from telecommunications, insurance and property stocks were offset by weakness in the oil, engineering and software sectors. As of 14:30 BST, the FTSE 100 was trading flat at 6,762. On the corporate front, Anglo Ame
Read moreSunday share tips: Infinis Energy, mining sector, Gear4music
12th Jul 2015 14:13
(ShareCast News) - Sell shares in waste-to-energy producer Infinis Energy, said the Sunday Times's Inside the City column. When Chancellor George Osborne last Wednesday swept away long-standing tax breaks for Infinis, Drax and other green energy producers in his Budget it was an especially big blow
Read moreHSBC trims price targets for miners
10th Jul 2015 11:40
(ShareCast News) - Volatility has been in the driving seat as a result of the recent gyrations in China's stockmarkets, but certain commodities will outperform once the fog clears one of the world's largest brokers said. "We fully acknowledge the near-term risk-off sentiment as the market looks to a
Read moreFTSE 100 movers: Barratt and AB Foods gain on updates, Prudential lifted by Goldman note
9th Jul 2015 15:41
London's FTSE 100 was on the front foot on Thursday, with cyclical stocks such as miners and banks in the black. Rio Tinto, Antofagasta and BHP Billiton all gained following a rebound in Chinese stock and metal prices. Elsewhere, Barratt Development rebounded from heavy losses in the previous sessi
Read moreLondon open: Stocks rise ahead of budget, but China and Greece a concern
8th Jul 2015 09:12
London stocks bounced slightly on Wednesday after settling at their lowest in nearly six months, though gains were modest as investors focused on a sell-off in China overnight, the upcoming UK budget and news flow on Greece. The FTSE 100 was up 0.38% at 6,456.90 early on, after settling at 6,432.21
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