London close: Stocks give up gains to finish in the red
21st Oct 2024 15:48
(Sharecast News) - London stocks ended lower on Monday, after the People's Bank of China made bigger-than-expected cuts to loan prime rates, while UK house price growth stagnated.
Read moreLondon close: Stocks finish week on mixed note
18th Oct 2024 15:20
(Sharecast News) - London's stock markets closed with mixed results on Friday, reflecting a cautious mood as investors reacted to economic growth data out of China, as well as an improvement in UK retail sales.
Read moreBerenberg lowers target price on Rio Tinto
18th Oct 2024 11:25
(Sharecast News) - Analysts at Berenberg lowered their target price on mining giant Rio Tinto from 6,200.0p to 6,000.0p on Friday following the group's Q3 operational review.
Read moreThird-quarter iron ore production ticks higher at Rio Tinto
16th Oct 2024 08:15
(Sharecast News) - Anglo-Australian miner Rio Tinto left its annual iron ore forecasts unchanged on Wednesday, after third quarter production edged higher.
Read moreLondon close: Stocks finish lower as oil prices sink
15th Oct 2024 15:39
(Sharecast News) - London markets ended Tuesday in negative territory, driven primarily by a sharp decline in energy stocks following a drop in oil prices.
Read moreLondon close: Markets rebound from China-fuelled losses
9th Oct 2024 15:42
(Sharecast News) - London stocks rebounded on Wednesday, with both main indices posting gains after sharp declines in the previous session.
Read moreLondon close: Stocks finish lower on China stimulus disappointment
8th Oct 2024 16:06
(Sharecast News) - London markets ended Tuesday on a weaker note, weighed down by investor disappointment over the absence of new stimulus measures from China.
Read moreLondon close: Stocks mixed as oil prices continue rising
7th Oct 2024 15:43
(Sharecast News) - London's stock markets ended Monday on a mixed note, as the ongoing conflict in the Middle East pushed oil prices higher, benefiting energy stocks.
Read moreRio Tinto confirms rumours of possible Arcadium Litihium takeover
7th Oct 2024 07:16
(Sharecast News) - Rio Tinto confirmed speculation on Monday morning that it has approached Philadelphia-based lithium chemicals producer Arcadium Lithium regarding a possible takeover.
Read moreBerenberg upgrades Rio Tinto to 'buy'
2nd Oct 2024 10:38
(Sharecast News) - Berenberg has lifted its recommendation on Rio Tinto rom 'hold' to 'buy' and hiked its target price from 5,600p to 6,200p, saying the stock will be a winner among diversified mining peers over the medium term.
Read moreRio Tinto signs deal to develop lithium supply chain across Europe
1st Oct 2024 07:09
(Sharecast News) - British-Australian metals and mining titan Rio Tinto has announced a lithium supply chain commercial partnership with UK-based, lithium refinery developer Green Lithium.
Read moreLondon close: Stocks rise as US jobless claims reach four-month low
26th Sep 2024 15:13
(Sharecast News) - London markets ended Thursday on a positive note, as investors reacted to a four-month low for US jobless claims, and renewed support measures from China.
Read moreLondon close: Stocks finish higher as BoE holds rates
19th Sep 2024 16:03
(Sharecast News) - London stocks closed higher on Thursday, buoyed by the Bank of England's widely-expected decision to leave interest rates unchanged.
Read moreLondon close: Stocks finish firmer in subdued trading
13th Sep 2024 16:44
(Sharecast News) - London stocks closed in positive territory on Friday, bolstered by hopes of an interest rate cut in the United States, although the gains were modest as trading remained subdued.
Read moreLondon close: Stocks mixed on return from long weekend
27th Aug 2024 15:58
(Sharecast News) - London's financial markets closed with a mixed performance on Tuesday, with Bunzl underpinning gains on the top-flight index after upgrading its full-year outlook.
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