Sector movers: Miners drop on falling metals prices and China concerns
30th May 2014 14:14
Mining stocks were leading the fallers on Friday on the back of a slump in commodity prices and concerns over a slowdown in China. Iron ore prices were headed for their sixth consecutive monthly decline, the longest losing streak on record, due to rising supplies from Australia and Brazil. Iron o
Read moreLondon midday: Miners pull UK markets lower, but Smith & Nephew rises
30th May 2014 11:34
- Mining stocks lower on iron ore, China concerns - Fenner issues profit warning - M&A continues to boost Smith & Nephew techMARK 2,820.23 +0.39% FTSE 100 6,860.62 -0.16% FTSE 250 16,039.31 +0.53% Weakness in the mining sector dragged the UK stock market from a two-week high on Friday, despite M&A
Read moreLondon open: UK stocks fall from two-week high as miners slip
30th May 2014 08:20
- Mining stocks provide a drag on iron ore price decline - Fenner plummets after profit warning - Economic data comes in mixed techMARK 2,810.65 +0.04% FTSE 100 6,858.36 -0.19% FTSE 250 15,975.00 +0.13% UK stocks slipped on Friday morning, pulling back from a two-week high after three straight day
Read moreLondon close: Investors tread carefully ahead of record highs
28th May 2014 17:18
- Eurozone money supply weak, German unemployment rises - Markets cautious after recent highs - LSE leads financials higher - GSK to be investigated by UK fraud body techMARK 2,799.81 +0.48% FTSE 100 6,851.22 +0.09% FTSE 250 15,935.43 +0.58% UK stocks ended slightly higher after trading in a narr
Read moreFTSE 100 movers: IHG leads markets higher on bid rumours
27th May 2014 14:05
InterContinental Hotels Group shares surged on Tuesday after Sky News reported that the the company rejected a 6bn-pound takeover bid on the grounds that it was too low. While the identity of the bidder has not been confirmed, analysts have suggested that the proposal could have come from Starwood H
Read moreLondon midday: IHG, Lloyds lead markets high post European elections
27th May 2014 11:36
- FTSE 100 catches up after long weekend - Euroscepticism tempered by elections results in Italy, Greece - IHG gains on bid interest - Lloyds to float TSB division - Pfizer walks away from AstraZeneca proposal techMARK 2,788.40 +1.10% FTSE 100 6,849.22 +0.49% FTSE 250 15,836.22 +0.83% UK stocks po
Read moreRio Tinto and partners ink deal to develop Africa's largest iron ore project
27th May 2014 11:13
Rio Tinto, Chinalco and the International Finance Corporation (IFC) have signed an 'investment framework' to develop 20bn dollars-worth of iron ore deposits in Guinea. The agreement for blocks three and four of the Simandou project, formalised with Guinea's government, has been years in the making
Read moreLondon open: PBoC re-starts lending to policy banks
22nd May 2014 08:57
- Strong Chinese PMI data - PBoC restarts lending to policy banks - Weak French manufacturing and services MPIs - Royal Mail lower despite promising results - SAB Miller buoyed by emerging markets techMARK 2,734.23 -0.04% FTSE 100 6,842.65 +0.32% FTSE 250 15,650.57 +0.30% Reports that China´s cen
Read moreLondon midday: China slowdown fears hit stocks, AstraZeneca sinks
19th May 2014 11:26
- AstraZeneca drops after rejecting 'final proposal' from Pfizer - Chinese housing concerns weigh on sentiment - Carney comments, Ukraine elections in focus techMARK 2,710.83 -1.26% FTSE 100 6,827.22 -0.42% FTSE 250 15,427.14 +0.19% UK stocks were firmly in the red on Monday as investors kicked of
Read moreLondon open: AstraZeneca leads markets lower as shares sink
19th May 2014 08:33
- AstraZeneca drops sharply after rejecting Pfizer offer - Banking, mining stocks fall - China property concerns weigh on sentiment techMARK 2,714.40 -1.13% FTSE 100 6,823.23 -0.48% FTSE 250 15,475.65 +0.50% UK stocks fell on Monday morning with AstraZeneca leading the decline after rejecting a fi
Read moreRio Tinto's Pilbara expansion ahead of schedule
13th May 2014 15:17
Mining giant Rio Tinto has celebrated a 'major milestone' for its iron ore project in Pilbara with rail and ports reaching a run rate of 290m tonnes per annum (Mt/a), two months ahead of schedule. Rio's Pilbara operations represent Australia's largest integrated mining project, with a network of 15
Read moreLondon close: Miners drive FTSE higher
12th May 2014 16:59
- FTSE closes up 37.18 points - Miners rise on JPMorgan Chase - CBI ups outlook for GDP techMARK 2,794.57 +0.44% FTSE 100 6,851.75 +0.55% FTSE 250 15,981.35 +0.61% Miners lifted the FTSE firmly higher today, getting the week off to a positive start despite the latest developments in Eastern Europe
Read moreFTSE 100 movers: Miners rise on JPMorgan comments
12th May 2014 15:20
Upbeat comments from JPMorgan Chase & Co and a good performance on Chinese markets overnight gave the mining sector a boost today. The US bank upgraded its rating for the European mining sector from 'underweight' to 'overweight' on the back of falling costs and improving demand from China. Rio Ti
Read moreSector movers: Miners rise after JPMorgan comments
12th May 2014 13:52
Basic resource stocks were among the best performers on Monday after JPMorgan Chase & Co upgraded its rating for the European mining sector from 'underweight' to 'overweight', citing falling costs and improving demand from China. Rio Tinto and BHP Billiton were leading the way higher after the US b
Read moreLondon midday: Miners give markets a boost despite Ukraine worries
12th May 2014 11:37
- JPMorgan, China hopes lift mining stocks - Ukraine in focus after referendums - BSkyB falls amid Fox pay-TV deal speculation techMARK 2,793.49 +0.40% FTSE 100 6,844.10 +0.43% FTSE 250 15,961.01 +0.48% Upbeat comments from JPMorgan Chase & Co and a good performance on Chinese markets overnight ga
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