London close: Markets flat after choppy session, services PMIs weakens
6th Jan 2014 16:37
- Miners limit gains after weak economic data - Services PMIs from China, UK, Eurozone and US weaken - RSA rises, UBS says takeover and break-up still possible - Retailers in focus ahead of updates techMARK 2,792.25 +0.13% FTSE 100 6,730.73 0.00% FTSE 250 16,049.30 +0.18% UK markets ended flat on
Read moreSector movers: RSA lifts insurers, China data dampens miners
6th Jan 2014 15:11
The non-life insurance sector was the best performing category on Monday after strong gains from RSA Insurance, while mining stocks led the downside after some disappointing Chinese economic data. RSA was up nearly 7% at 98.2p in afternoon trade after positive comments from UBS which raised its tar
Read moreFTSE 100 movers: RSA jumps on 'buy' rating
6th Jan 2014 14:52
RSA Insurance was a high riser today after UBS raised its target price for the stock from 100p to 113p and maintained a 'buy' rating. The bank added the stock to its 'Alpha Preferences Most Preferred List', saying: "While there are significant uncertainties, we think that the balance of risks is to
Read moreFTSE 100 movers: Next charges higher after strong trading report
3rd Jan 2014 15:15
Shares in Next rose to the top of the leaderboard today after the home and clothing retailer raised its full-year profit forecast after achieving a rise in fourth-quarter sales ahead of the UK retailer's expectations. The group also declared a 50p special dividend. Giving the group a further lift,
Read moreLondon midday: Retailers buoy markets, UK data comes in strong
3rd Jan 2014 11:31
- UK construction, mortgage data beats expectations - China services PMI eased in December - Next surges after bullish Q4 update, guidance techMARK 2,779.70 +0.26% FTSE 100 6,722.39 +0.07% FTSE 250 15,972.09 +0.33% Markets got off to a slow start on Friday morning but had pushed into positive terr
Read moreFTSE 100 movers: Randgold and retailers make gains
2nd Jan 2014 15:16
Randgold Resources made strong gains this afternoon, helped by a jump in the price of gold of more than two per cent. Rob Cohen, the Lead Portfolio Manager with Dynamic Funds, was also quoted as saying the company was a "good position to do acquisitions" and has a "really good balance sheet". Ha
Read moreLondon midday: Mixed manufacturing figures dampen UK markets
2nd Jan 2014 11:40
- Markets pull back after strong end to 2013 - China, UK manufacturing PMIs disappoint - Resources stocks provide a drag on the FTSE 100 - Retailers in focus after mixed corporate updates techMARK 2,780.21 -0.04% FTSE 100 6,720.85 -0.42% FTSE 250 15,925.41 -0.06% Mixed global manufacturing figures
Read moreLondon open: Markets edge higher in shortened session
31st Dec 2013 08:59
- Volumes expected to be low on half-day session - US data due out later on - Vedanta leads mining stocks lower techMARK 2,790.20 +0.30% FTSE 100 6,750.42 +0.28% FTSE 250 15,934.64 +0.21% UK markets headed higher on Tuesday morning as investors took advantage of low volumes on a shortened trading
Read moreLondon close: Santa rally ends as retailers drag FTSE lower
30th Dec 2013 16:30
- FTSE closes down 20 points as Santa rally ends - House prices register 4.4 per cent rise - Retailers sink of competition and discount concerns techMARK 2,781.91 -0.18% FTSE 100 6,731.27 -0.29% FTSE 250 15,900.74 +0.14% The FTSE 100 ended its final full session of the year down 20 points, as supe
Read moreSector movers: Supermarkets and other retails weigh heavily
30th Dec 2013 16:05
Supermarkets have dragged the FTSE down today, with Sainsbury and Morrison weighing particularly heavily, on the back of competition fears. According to Alex Conroy at Spreadex, the declines are due to "growing fear that German competitor's such as Aldi and Lidl and their discount prices are cutti
Read moreLondon close: Stocks pull back as investors await Fed decision
17th Dec 2013 16:36
- US inflation data in focus ahead of Fed meeting - UK inflation falls, Eurozone inflation picks up - Supermarket fall on competition from discounters - Car insurance is too high, claims Competition Commission techMARK 2,684.75 -0.05% FTSE 100 6,486.19 -0.55% FTSE 250 15,348.56 -0.23% UK markets p
Read moreFTSE 100 movers: Supermarkets drop, Admiral hit by car insurance concerns
17th Dec 2013 16:08
Supermarkets stocks were registering losses on Tuesday afternoon after a report from Kantar Worldpanel revealed that over half the UK shopped in either Aldi or Lidl during the 12 weeks to December 8th for the first time in history. The panel found that all of the Big Four grocers and with the Co-o
Read moreLondon open: FTSE 100 holds at two-month low ahead of Fed
16th Dec 2013 08:28
- FTSE 100 trading at lowest level since October 11th - Taper in focus ahead of Fed decision on Wednesday - Mining stocks weigh on upside after China data techMARK 2,664.73 +0.04% FTSE 100 6,437.51 -0.04% FTSE 250 15,237.35 +0.03% UK markets opened more or less flat on Monday morning, holding at
Read moreFriday broker round-up UPDATE
13th Dec 2013 09:36
African Barrick Gold: JP Morgan lowers target price from 180p to 170p leaving its neutral rating unaltered. Aggreko: Numis reduces target price from 1400p to 1234p downgrading from reduce to sell. Anglo American: Deutsche Bank reduces target price from 1780p to 1500p and downgrades to hold. JP Mor
Read moreFTSE 100 movers: easyJet, BAE Systems, BT Group
11th Dec 2013 15:22
easyJet soared to the top of the FTSE 100 on Wednesday after the airline was upgraded by Goldman Sachs to 'conviction buy'. The bank cited the group's ability to grab market share in the short-haul market in Europe as legacy carriers restructure. Defence and security company BAE Systems gained afte
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