London midday: Stocks cement gains after German ZEW data
13th Aug 2013 11:21
Decent gains in the mining sector and well-received results from FTSE 100 insurer Resolution were providing markets with a boost on Tuesday morning with the upbeat mood helped by decent data from Germany. The German ZEW survey showed that the economic sentiment index jumped from 36.3 to 42 in Augus
Read moreLondon open: Miners, RBS lead markets higher early on
12th Aug 2013 08:17
Markets edged higher in early trading on Monday as stocks reacted to an improving outlook in China and shrugged off disappointing economic figures from Japan. Sentiment surrounding China brightened last week as better-than-expected trade figures, strong industrial production data and subdued inflat
Read moreLondon close: Stocks jump as optimism over China grows
9th Aug 2013 16:34
Markets rallied strongly on Friday as economic data from the world's top metals consumer, China, sparked some impressive gains in the heavyweight mining sector. A day after trade figures came in ahead of expectations, the outlook for China brightened further with strong industrial production figure
Read moreSector movers: Chinese data boosts mining stocks
9th Aug 2013 15:08
Upbeat economic data from China boosted share prices in the mining sector on Friday as the outlook improved for the world's top metals consumer. Miners were extending gains made on Thursday after Chinese trade figures were well received by the market with both imports and exports smashing forecasts
Read moreFTSE 100 movers: Mining stocks advance after China data
9th Aug 2013 13:12
Mining companies rallied after a slate of upbeat Chinese data eased worries of a slowdown in the world's second largest economy. Fresnillo and Glencore Xstrata were the top risers followed by Randgold Resources, Anglo American and Rio Tinto. Vodafone Group edged higher after announcing it would l
Read moreLondon midday: Markets rise on upbeat data from China, UK
9th Aug 2013 11:31
Strong data from China and increasing momentum in the UK economic recovery pushed the FTSE 100 into positive territory on Friday, though markets were rangebound as gains were limited ahead of the weekend. The FTSE 100 was trading just 0.2% higher by midday with just 25 points separating the index's
Read moreLondon open: Miners lift markets as concerns over China ease
9th Aug 2013 08:45
Worries over a slowdown in China eased temporarily on Friday morning after a barrage of strong economic figures from the world's second-largest economy sparked decent gains in the mining sector in London. Chinese industrial production increased at an annual rate of 9.7% in July, an acceleration fr
Read moreFriday broker round-up UPDATE
9th Aug 2013 07:29
Aquarius Platinum: Deutsche Bank lowers target price from 63p to 60p keeping a buy recommendation. Ashmore Group: HSBC ups target price from 400p to 435p, while keeping overweight rating. ASOS: UBS raises target price from 4600p to 6000p staying with its buy recommendation. Aviva: Bank of America
Read moreFriday tips round-up: Aviva, Rio Tinto, Henderson Group
9th Aug 2013 06:43
Aviva's strategy under new Chief Executive Mark Wilson looks like it's working, according to The Telegraph's Questor column. The insurer's cashflows are improving, new business is increasing and operating expenses are being reduced. The company's interim results on Thursday revealed progress which p
Read moreLondon close: Markets rise as Chinese data gives miners a boost
8th Aug 2013 16:35
London's FTSE 100 finished Thursday's session in positive territory, registering moderate gains as a strong performance in the mining sector and results from Aviva helped the index rebound slightly after a four-day losing streak. Forecast-beating trade figures from the world's top metals user, Chin
Read moreSector movers: Chinese trade data gives miners a boost
8th Aug 2013 15:19
Better-than-expected trade figures from China boosted stocks in London's mining sector on Thursday, as equities recovered after some sharp falls in recent days. Disappointing results from heavyweight precious metal groups Randgold and Fresnillo have weighed on the sector this week, with investors a
Read moreFTSE 100 movers: Aviva jumps as first-half results impress
8th Aug 2013 14:41
Aviva's share price surged on Thursday after the insurer beat forecasts in the first half as its turnaround continues. The firm reported a five per cent rise in operating profit to 1,008m pounds, ahead of the 933m-pound estimate, while the value of new business jumped 17 per cent to 401m pounds. "I
Read moreLondon midday: Aviva, miners help FTSE 100 snap losing streak
8th Aug 2013 11:53
Markets were on the advance on Thursday morning as well-received results from insurer Aviva and strong gains in the mining sector helped the FTSE 100 rebound after four straight days of losses. Miners in particular were boosted by better-than-expected trade figures from China, as stocks in the sect
Read moreLondon open: Chinese trade data lifts markets after sell-off
8th Aug 2013 08:21
Better-than-expected trade figures from China helped push markets in positive territory on Thursday morning but sentiment was still fragile following the heavy sell-off the day before. Concerns about a tapering of stimulus by the Federal Reserve and an underwhelming forward guidance statement from
Read moreRio Tinto results in line, agrees funding to Turquoise Hill - UPDATE
8th Aug 2013 07:30
Rio Tinto has made progress in its cost cutting and volume growth plans by the interim stage and has agreed to provide Turquoise Hill Resources with financing for the development of the Oyu Tolgoi mine in Mongolia. Underlying earnings fell 18% to $4.2bn, which reflected lower average market prices
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