FTSE 100 movers: Miners lower on funding fears, Dixons boosted by Christmas trading optimism
19th Jan 2015 14:00
Dixons Carphone topped the risers after analysts expressed optimism about the upcoming Christmas trading results on Wednesday. Estimates sit at a 5% increase in like-for-like sales, as published in Sunday papers including the Sunday Express and the Mail on Sunday. Travis Perkins was also trading
Read moreLondon midday: UK stocks trim gains as miners decline
19th Jan 2015 12:17
UK stocks had pared gains and were trading more or less flat by Monday lunchtime as investors showed caution ahead of a busy week. London's FTSE 100 was up just 0.1% at 6,558 by noon, having pulled back after reaching an intra-day high of 6,589.20 early on as mining stocks extended losses. Monday's
Read moreLondon open: Stocks rise ahead of busy week with ECB in focus
19th Jan 2015 08:38
UK stocks rose on Monday morning ahead of a busy week, as investors shrugged off a sell-off on Chinese markets overnight. London's FTSE 100 was up 0.4% at 6,577 in early deals. Stocks in Shanghai plunged 8% on Monday with shares in the financial sectors faring the worst after securities regulators
Read moreSector movers: Mining stocks rebound as copper and gold prices gain
15th Jan 2015 15:03
Resource stocks were on the rise on Thursday, rebounding strongly after a sharp sell-off the previous session, as copper prices recovered. Copper, having dropped over 5% to $5,548 a metric tonne on Wednesday, was rising 2% to $5,666 in afternoon trade after data from China showed that credit growth
Read moreLondon midday: Retailers rise, housebuilders boosted as UK inflation rate drops
13th Jan 2015 12:08
A sharp drop in the UK inflation rate and well-received updates from a number of Britain's retailers gave London stocks a boost on Tuesday. The FTSE 100 was trading up 0.6% at 6,539 just after midday with retailers and housebuilders offsetting ongoing weakness in the resources sector. Markets were
Read moreLondon midday: Weak UK production data dampens stocks ahead of US jobs report
9th Jan 2015 11:35
Disappointing UK economic data and nervousness ahead of a key labour-market report in the States sent London's FTSE 100 lower on Friday morning, as stocks pulled back after a surge the previous session. By around lunchtime, the Footsie was trading nearly 0.7% lower at 6,527 with weakness among super
Read moreLondon close: Stocks end choppy session firmly lower as data disappoints
6th Jan 2015 17:19
It was a volatile day for the UK equity market with stocks swinging between losses and gains for most of the session, with a late sell-off sending the FTSE 100 firmly in the red by the close. Service-sector activity data from across the globe largely came in below expectations with weak figures from
Read moreFTSE 100 movers: Energy stocks hit by drop in crude, Lloyds boosted by upgrade
2nd Jan 2015 14:22
Sainsbury was trading lower as hedge funds forecast that the supermarket group would be damaged by the grocery industry's escalating price war. Lansdowne Partners, Odey Asset Management and Marshall Wace all blamed the growing popularity of discounters Aldi and Lidl, who would hit profitability by f
Read moreBroker tips: Mining stocks, Dixons Carphone, Xaar
17th Dec 2014 13:00
After the recent falls across the mining sector, Liberum Capital has upgraded its rating on the category from 'sell' to 'hold', though the broker still sees plenty of downside risks in 2015. Liberum has lifted its stance on Rio Tinto, Glencore and Anglo American from 'sell' to 'hold', while BHP Bill
Read moreLondon midday: UK stocks back in the red ahead of Fed meeting
17th Dec 2014 12:18
UK stocks were back in the red on Wednesday after their first gain in seven days the previous session, with investors scaling back risk appetite ahead of a number of risk events. Along with a host of economic data due out during the session, markets were keeping an eye out for minutes for the latest
Read moreLiberum upgrades miners after recent sell-off, but downside risks remain
17th Dec 2014 11:23
After the recent falls across the mining sector, Liberum Capital has upgraded its rating on the category from 'sell' to 'hold', though the broker still sees plenty of downside risks in 2015. Stocks on the FTSE 350 mining index have dropped by 20% this year on the back of macro-economic concerns, a s
Read moreLondon open: UK stocks drop early on as investors await risk events
17th Dec 2014 08:21
UK stocks dropped sharply on Wednesday morning as the sell-off resumed ahead of a busy session for global financial markets. The FTSE 100 was down 0.8% at 6,284 early on. The index had jumped 2.4% the previous session, snapping a six-day losing streak, as West Texas Intermediate crude futures rebou
Read moreFTSE 100 movers: Sainsbury hit by Kantar Worldpanel report
16th Dec 2014 14:36
Supermarket J Sainsbury fell on Tuesday after Kantar Worldpanel released a report revealing the group's sales fell 1.8% in the 12 weeks to 7 December while its market share fell. The Big Four grocers continue to be overshadowed by exceptionally strong growth from the discount end of the market, name
Read moreSector movers: Miners lead losses on weak outlook for prices
15th Dec 2014 19:32
A renewed drop in oil prices coincided with a renewed bout of selling in equities across the globe. However, the largest losses were in fact sustained by miners. In a research note e-mailed to clients on Monday morning analysts at Credit Suisse explained the reasoning behind the substantial downgrad
Read moreLondon open: Sell-off continues as UK resource stocks tank
12th Dec 2014 08:42
The dramatic sell-off on the FTSE 100 continued into its fifth straight day on Friday as a weak finish on Wall Street and disappointing data from China hammered already-fragile sentiment on the market. London's benchmark index was down a staggering 1.3% at 6,377 early on, dropping below the 6,400 le
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