Broker tips: Miners, RSA, DMGT, Polymetal
31st Mar 2014 12:46
Credit Suisse has named Rio Tinto and Anglo American as its top picks in the metals and mining sector. Rio Tinto, rated 'outperform', remains the bank's preferred "FCF/value play" and its potential for shareholder returns is "larger and could be sooner than any of its peer group". Meanwhile, Anglo
Read moreLondon midday: Gains erased after Eurozone inflation data
31st Mar 2014 11:37
- Eurozone CPI surprises to the downside - Stocks erase gains but at three-week high - Babcock gains on nuclear contract - Anglo, Rio lead miners higher after Credit Suisse comments techMARK 2,764.82 +0.09% FTSE 100 6,621.96 +0.10% FTSE 250 16,225.36 +0.27% UK stocks had erased gains by Monday lun
Read moreCredit Suisse names Rio and Anglo as top mining picks
31st Mar 2014 10:47
Credit Suisse has named Rio Tinto and Anglo American as its top picks in the metals and mining sector. Following two quarters of upgrades, the bank said that earnings momentum across the sector has slowed sharply with most commodity prices now trading below consensus estimates for 2014. "While min
Read moreLondon open: Stocks at three-week high ahead of data-heavy week
31st Mar 2014 08:29
- Busy week for economic data - German retail sales rise, Eurozone CPI ahead - Insurance stocks rebound after heavy falls techMARK 2,778.57 +0.59% FTSE 100 6,657.68 +0.64% FTSE 250 16,276.97 +0.59% UK stocks were trading at a three-week high on Monday morning as investors began the week in a bulli
Read moreLondon open: Miners rise on Chinese stimulus hopes, insurers drop
28th Mar 2014 08:34
- Miners rise on Chinese stimulus hopes - Li Keqiang hints at possible easing - Insurers fall on FCA investigation techMARK 2,779.04 +0.58% FTSE 100 6,621.74 +0.51% FTSE 250 16,239.90 +0.23% UK stocks were making decent gains on Friday morning after a positive session in Asia overnight as comments
Read moreBroker tips: Miners, Babcock, Compass...
27th Mar 2014 12:58
Jefferies has lowered its earnings forecasts and target prices across the UK-listed mining sector and cut its rating for Glencore Xstrata, recommending investors to stick with top picks Rio Tinto and BHP Billiton. "Chinese demand growth for commodities is unlikely to accelerate without aggressive s
Read moreJefferies cuts targets for miners, downgrades Glencore Xstrata
27th Mar 2014 10:54
Jefferies has lowered its earnings forecasts and target prices across the UK-listed mining sector and cut its rating for Glencore Xstrata, recommending investors to stick with top picks Rio Tinto and BHP Billiton. "Chinese demand growth for commodities is unlikely to accelerate without aggressive s
Read moreThursday broker round-up UPDATE
27th Mar 2014 09:02
Aberdeen Asset Management: Credit Suisse reduces target price from 470p to 415p maintaining a neutral rating. Acta: Cantor Fitzgerald reinstates with a target price of 13p (prev.: 16p) and a buy recommendation. African Minerals: Jefferies cuts target price from 300p to 250p and retains a buy recom
Read moreSector movers: Miners gain on Chinese stimulus hopes, Anglo rises
25th Mar 2014 13:58
Mining stocks were the best performers on Tuesday as risk appetite returned to the market on the back of stimulus hopes in China, the world's largest consumer of metals. Investors are hoping that any measures to boost growth by Chinese policymakers will help to support commodity prices, which have
Read moreLondon close: Positive finish to week as miners charge higher
21st Mar 2014 16:59
- FTSE closes up 15 points at 6,557 - Feb UK public sector borrowing slightly ahead of forecasts - Eurozone consumer confidence higher than expected techMARK 2,790.85 -0.34% FTSE 100 6,557.17 +0.23% FTSE 250 16,160.11 -0.35% The City ended the week on a positive note, with mining stocks providing
Read moreSector movers: Miners rebound after recent slump
21st Mar 2014 14:59
The mining sector was performing well on Friday as bargain hunters stepped in following recent weakness, while personal goods stocks were dampened by heavy falls from Burberry. At Thursday's close, the FTSE 350 mining sector had lost more than 11% over the last four weeks as falling copper prices a
Read moreLondon midday: Stocks set for weekly gain as miners rise
21st Mar 2014 11:45
- Miners recover after recent slump - Obama imposes more sanctions on Russia - Markets await speeches from Fed officials - Burberry, RBS, Hikma hit by broker downgrades techMARK 2,807.91 +0.27% FTSE 100 6,564.71 +0.34% FTSE 250 16,228.56 +0.07% UK equities were trading higher on Friday with the FT
Read moreLondon open: Mining stocks provide a lift early on
21st Mar 2014 08:27
- Miners recover after recent slump - Obama imposes more sanctions on Russia - Markets await speeches from Fed officials techMARK 2,803.23 +0.11% FTSE 100 6,565.89 +0.36% FTSE 250 16,219.13 +0.01% UK equities opened slightly higher on Friday as decent gains in the mining sector lifted the resource
Read moreLondon open: Stocks trading lower ahead of busy day
19th Mar 2014 08:31
- Ukraine-Russia tensions running high - UK Budget in focus - FOMC meeting concludes later on - Antofagasta, HSBC hit by downgrades - Smiths Group warns of currency headwinds techMARK 2,810.68 +0.27% FTSE 100 6,591.09 -0.21% FTSE 250 16,348.73 -0.03% UK stock opened with small losses on Wednesday
Read moreLondon midday: Stocks extend losses ahead of Crimea referendum
14th Mar 2014 11:38
- Ukraine tensions rise ahead of Crimea vote - Analysts cut forecasts for China - Banking stocks mixed - US lifts ban on BP GoM contracts techMARK 2,765.64 -0.76% FTSE 100 6,529.08 -0.38% FTSE 250 16,062.45 -0.76% The FTSE 100 was registering losses for the sixth consecutive session as investors s
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