London close: Stocks finish weaker as commodities drag
4th Dec 2023 15:46
(Sharecast News) - London's equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.
Read moreLondon close: Stocks rise on flurry of manufacturing data
1st Dec 2023 17:39
(Sharecast News) - London stocks closed positively on Friday, with miners playing a pivotal role following broker upgrades and optimistic Chinese manufacturing data.
Read moreRio Tinto to pay $28m to settle SEC suit over Mozambique writedown
22nd Nov 2023 08:04
(Sharecast News) - Rio Tinto said on Wednesday that it has agreed to pay the US Securities and Exchange Commission $28m to settle a 2017 lawsuit related to the disclosure of the impairment of Rio Tinto Coal Mozambique (RTCM) in its 2012 year-end accounts.
Read moreBarclays upgrades Rio Tinto on improving iron ore outlook
24th Oct 2023 07:41
(Sharecast News) - Barclays has upgraded mining group Rio Tinto from 'neutral' to 'overweight' after taking a more positive view on iron ore.
Read moreRio Tinto reports solid Q3 output, cuts Canadian iron ore guidance
17th Oct 2023 07:25
(Sharecast News) - Mining giant Rio Tinto delivered a solid third quarter, with most operations delivering an increase in output compared with last year, though guidance for Canadian iron ore production was lowered.
Read moreBroker tips: BP, Rio Tinto, Hochschild Mining
11th Oct 2023 14:34
(Sharecast News) - Barclays said on Tuesday that it expects a positive reaction to the ongoing BP capital markets day.
Read moreBerenberg prefers gold miners after recent de-rating
11th Oct 2023 09:18
(Sharecast News) - Berenberg said it remains upbeat about the long-term investment picture in the metals and mining sector, but has warned of some near-term uncertainty and highlighted gold plays as the safe option right now.
Read moreLondon close: Stocks finish higher on dovish Fed rhetoric
10th Oct 2023 16:34
(Sharecast News) - London markets enjoyed a buoyant session on Tuesday, closing with substantial gains after dovish comments from US Federal Reserve officials overnight signalled a potential pause to interest rate hikes.
Read moreLondon close: Stocks mixed as interest rate concerns simmer
28th Sep 2023 16:12
(Sharecast News) - London stocks finished with a varied performance on Thursday as investors pored over the latest US jobless claims data, with underlying anxieties regarding interest rates still bubbling away.
Read moreLondon close: FTSE finishes higher after positive China data
15th Sep 2023 16:12
(Sharecast News) - London's top-flight index managed a positive finish on Friday based on promising Chinese economic data.
Read moreLondon close: Stocks stay green as energy prices rise
14th Sep 2023 15:06
(Sharecast News) - London's stock markets finished positively on Thursday, boosted by the mining sector, as investors analysed fresh UK house price data and a rate hike from the European Central Bank.
Read moreBroker tips: Rio Tinto, Anglo American, Entain, IG
14th Sep 2023 14:54
(Sharecast News) - JP Morgan upgraded its rating for Rio Tinto and raised target prices across the iron ore sector after turning more positive on the outlook for iron ore prices.
Read moreJP Morgan lifts targets for iron ore miners, upgrades Rio Tinto
14th Sep 2023 08:05
(Sharecast News) - JP Morgan has upgraded its rating for Rio Tinto and raised target prices across the iron ore sector after turning more positive on the outlook for iron ore prices.
Read moreLondon close: Stocks mixed as weaker pound lifts FTSE 100
7th Sep 2023 15:57
(Sharecast News) - London's stock market presented a mixed close on Thursday, with the bourse's top-flight index ending in positive territory, buoyed by a weakening pound.
Read moreRio Tinto appoints Jérôme Pécresse as CEO of aluminium business
5th Sep 2023 07:20
(Sharecast News) - Rio Tinto said on Tuesday that it has appointed Jérôme Pécresse as chief executive of its aluminium business, succeeding Ivan Vella.
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