London close: FTSE ends higher as markets rebound
17th Oct 2014 16:50
The FTSE ended Friday's session on a positive note after a week of volatile and largely negative trading. The top tier index settled 114.38 points higher at 6,310.29, limiting the week's losses to 32.63, or 0.51%. "In London equities are finishing the week on a positive note as Greek bond yields re
Read moreFTSE 250 movers: Oil stocks gain momentum as crude prices rebound
17th Oct 2014 15:40
A continued rebound in crude prices on Friday saw firms in the oil services sector rise after the price of the commodity collapsed over the past few weeks. Ophir and Enquest were both strong risers. Fears about an oversupply of oil saw West Texas Intermediate (WTI) crude drop below $80 a barrel this
Read moreAshmore's canny co-founder Booth sells down stake further
16th Oct 2014 15:55
Company directors were in bargain-hunting mode on Thursday, with the exception of emerging market investment management group Ashmore, where one director and one departed founder both sold shares. With the company already trading around four-year lows, finance director Tom Shippey strangely sold £16
Read moreLee goes bargain hunting at Synthomer as yield adds attractions
15th Oct 2014 16:51
Director Lee Hau Hian has bought a further raft of shares in FTSE 250 chemicals company Synthomer, after its shares had fallen to a 12-month low in the wake of mixed interim results recently. Lee, who has been a director on and off since 1993, bought £131,606 at 189.5p and £57,772 at 189.1p. The sh
Read moreThursday broker round-up UPDATE
28th Aug 2014 09:24
Antofagasta: Investec lowers target price from 720p to 719p and retains a sell recommendation. Arrow Global: Canaccord Genuity moves target price from 318p to 325p and keeps a buy recommendation. Numis downgrades from buy to add with a target price of 285p. Balfour Beatty: Berenberg moves target p
Read moreTuesday broker round-up
26th Aug 2014 10:16
Bioquell: N+1 Singer upgrades from hold to buy with an unchanged target price of 112p. Investec cuts target price from 133p to 98p, while upgrading from hold to add. Circle Oil: Investec moves target price from 50p to 70p and maintains a buy recommendation. Clinigen Group: N+1 Singer ups target pr
Read moreTuesday broker round-up UPDATE
12th Aug 2014 09:25
African Barrick Gold: Investec ups target price from 212p to 260p upgrading from sell to hold. Al Noor Hospotals: Jefferies cuts target price from 1155p to 1125p and maintains a buy recommendation. Aquarius Platinum: Citi shifts target price from 22p to 26p and keeps a neutral rating. BHP Billito
Read moreLondon close: FTSE ends higher as investor sentiment improves
11th Aug 2014 16:59
- FTSE closes up 65.46 at 6,632.82 - Geopolitical tensions ease, sentiment improves - UK home loans rise in June techMARK 2,727.40 +1.23% FTSE 100 6,632.82 +1.00% FTSE 250 15,460.73 +1.43% UK stocks registered a decent gain on Monday as investors took advantage of the bargains to be had following
Read moreFTSE 250 movers: Synthomer leaps after 25% increase to dividend
11th Aug 2014 14:37
Chemicals group Synthomer cheered investors with a 25% jump in the interim dividend, which came despite a drop in half-year sales amid challenging market conditions. The company also said it anticipated delivering underlying full-year profit in line with last year's figure of £90.1m. Balfour Beat
Read moreLondon midday: Bargain-hunting helps UK stocks rebound
11th Aug 2014 12:03
- Geopolitical tensions ease slightly - Gaza, Ukraine, Iraq news-flow improves - Balfour rejects Carillion approach again techMARK 2,718.86 +0.91% FTSE 100 6,613.50 +0.70% FTSE 250 15,425.38 +1.19% UK stocks were performing well on Monday morning as investors took advantage of easing geopolitical
Read moreSynthomer ups divi as Asia challenges persist
11th Aug 2014 09:10
Chemicals group Synthomer cheered investors with a 25% jump in the interim dividend, which came despite a drop in half-year sales amid challenging market conditions. The company also said it anticipated delivering underlying full-year profit in line with last year's figure of £90.1m. Chief exec
Read moreLondon open: UK stocks rebound from four-month low
11th Aug 2014 09:03
- FTSE 100 gains after hitting lowest since 15 April - Israel, Hamas agree to 72-hour ceasefire - Chinese inflation unchanged in July - Centrica falls on EDF outage, Balfour rejects Carillion techMARK 2,712.26 +0.67% FTSE 100 6,607.04 +0.60% FTSE 250 15,355.95 +0.74% UK stocks rebounded on Monday
Read moreMonday broker round-up UPDATE
14th Jul 2014 10:11
Abcam: Numis cuts target price from 510p to 490p and stays with its add rating. ARM Holdings: Credit Suisse reduces target price from 1200p to 1125p and maintains an outperform rating. AstraZeneca: Jefferies reduces target price from 4850p to 4790p maintaining a hold recommendation. BP: Credit Su
Read moreSynthomer warns on full-year profit
11th Jul 2014 08:15
Specialist chemical company Synthomer warned it now expects the strength of sterling to reduce its full-year operating profit by around £5m, a further £1m on top of its previous expectations. This, combined with weaker margins in its nitrile business, has meant full-year pre-tax profit is set to b
Read moreFTSE 250 movers: Chinese data lifts mining sector
1st Jul 2014 15:49
Mining stocks were the best performers today, following the decent economic data from top metals user China. African Barrick Gold, BlackRock World Mining and Polymetal were three of the strongest risers on the second tier this afternoon. UK regeneration specialist St. Modwen Properties jumped as
Read more