London pre-open: Stocks seen rising as Chinese growth picks up
16th Jul 2014 07:53
UK stocks are expected to open with small gains on Wednesday after economic growth in China came in ahead of forecasts. City sources predict the FTSE 100 will open around 19 points higher than Tuesday's close of 6,710.45. Chinese gross domestic product (GDP) grew at an annual rate of 7.5% in the s
Read moreRio Tinto reports record H1 for iron ore business
16th Jul 2014 07:25
Mining giant Rio Tinto said it delivered a "very strong first half" with productivity gains across the business. The iron ore business, which accounted for around half of group revenues in 2013, registered record shipments, production and rail volumes in the six months to June 30th. Shipments we
Read moreLondon midday: Housebuilders fall as inflation data sparks rate-hike concerns
15th Jul 2014 12:03
- UK inflation jumps to 1.9% in June - Carney highlights housing concerns - German ZEW survey disappoints - Yellen, US data in focus later on techMARK 2,781.35 -0.46% FTSE 100 6,722.11 -0.36% FTSE 250 15,478.79 -0.64% Rate-hike speculation in the UK and disappointing economic data from Germany saw
Read moreLondon open: FTSE 100 rises for third day as miners gain
15th Jul 2014 09:08
- Markets await UK inflation, German ZEW data - Telecom Plus jumps after strong Q1 update, outlook - Miners track metal prices higher techMARK 2,798.02 +0.14% FTSE 100 6,760.22 +0.21% FTSE 250 15,591.43 +0.09% UK stocks quickly erased an initial dip into the red to trade slightly higher on Tuesday
Read moreLondon close: FTSE slides as Fed minutes draw nearer, airlines dive
8th Jul 2014 16:59
- FTSE closes down 85.06 at 6,738.45 - Airlines lead downside - Industrial production registers surprise fall techMARK 2,794.08 -1.75% FTSE 100 6,738.45 -1.25% FTSE 250 15,652.48 -1.51% The UK's biggest 100 stocks took a significant hit in today's session, weighed down by an unexpected drop in ind
Read moreFTSE 100 movers: Airlines descend on read-across from Air France-KLM
8th Jul 2014 15:40
Airline stocks IAG and easyJet were falling sharply today as European peer Air France-KLM cut its profit guidance for the year. In comments similar to those made by Deutsche Lufthansa, the French-Dutch airline said that overcapacity on long-haul flights was having an impact on profitability. Hargr
Read moreLondon midday: Airlines, retailers lead UK stocks lower
8th Jul 2014 12:12
- Airlines, retail stocks provide a drag - UK industrial production unexpectedly declines - Alcoa, Fed minutes in focus for US investors - M&S closely watched after Q1 update techMARK 2,816.76 -0.95% FTSE 100 6,790.61 -0.48% FTSE 250 15,731.61 -1.01% Heavy falls in the airline and retail sectors o
Read moreLondon open: Stocks fall for second day on profit-taking
8th Jul 2014 09:11
- Investors continue to take profits after recent rally - Fed, Alcoa Q2 report in focus - M&S impresses with clothing improvement - Miners rise, airlines fall techMARK 2,827.25 -0.58% FTSE 100 6,811.08 -0.18% FTSE 250 15,792.64 -0.63% UK stocks declined for a second day on Tuesday as a lack of pos
Read moreBroker tips: Weir, Rio Tinto, Polymetal, Clinigen
7th Jul 2014 12:39
Shares in Weir Group were making decent gains on Monday morning after the stock was upgraded from 'neutral' to 'buy' at Citigroup, which said that the engineer's opportunities in oil and gas are "underappreciated" by the market. The bank said that "Weir deserves a premium rating to the sector to re
Read moreLondon midday: Investors take profits after recent run
7th Jul 2014 12:09
- UK stocks retreat after recent rally, US futures fall - UK manufacturing confidence and German industrial production both retreat - Antogasta, Anglo lead mining stocks lower - Weir Group gains after Citigroup upgrade techMARK 2,848.48 -0.25% FTSE 100 6,850.83 -0.22% FTSE 250 15,943.09 -0.67% It
Read moreCredit Suisse sees upside to cost-cutting targets at Rio Tinto
7th Jul 2014 09:24
Credit Suisse has repeated its 'outperform' stance on diversified miner Rio Tinto, giving an optimistic outlook on cash generation and cost cutting. A 4,000p target price was maintained for the bank's "Focus List" stock. After a tour of Rio's North American operations, Credit Suisse said it "revea
Read moreLondon open: Stocks inch lower as economic data dampens rally
7th Jul 2014 08:57
- FTSE 100 falls from three-and-a-half week high - UK manufacturing confidence weakens - German industrial output falls - IMF hints at cut to growth forecasts techMARK 2,859.13 +0.12% FTSE 100 6,862.56 -0.05% FTSE 250 16,049.02 -0.01% UK stocks edged lower on Monday morning on the back of weak eco
Read moreLondon open: Markets subdued on quiet end to week
4th Jul 2014 08:58
- Quiet start, US markets closed - No economic data on tap - Airlines in focus after traffic stats techMARK 2,855.35 +0.12% FTSE 100 6,856.48 -0.13% FTSE 250 16,051.76 +0.14% After hitting a three-and-a-half week high the previous day, UK stocks opened slightly lower on Friday in a quiet end to a
Read moreLondon open: Stocks edge higher ahead of key data
2nd Jul 2014 09:21
- Markets await US data, Yellen speech - Services data, ECB meeting and non-farm payrolls due out Friday - Mothercare jumps after Destination Maternity bid techMARK 2,838.22 +0.20% FTSE 100 6,821.55 +0.27% FTSE 250 15,914.05 +0.46% UK stocks edged higher on Wednesday morning though upside was limi
Read moreFTSE 100 movers: Chinese PMI drives mining sector higher
1st Jul 2014 16:35
A decent set of manufacturing figures from China helped drive the mining sector higher as investors turned bullish on the outlook for demand. The National Bureau of Statistics said that the official Chinese manufacturing purchasing managers' index (PMI) edged higher from 50.8 in May to 51.0 last mo
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