FTSE 100 movers: BAE Systems, ITV, Sainsbury, Polymetal
19th Jun 2013 14:26
BAE Systems climbed the FTSE 100 ladder following reports that long-awaited orders from Gulf states for Eurofighter Typhoon jets may arrive this year. ITV advanced after the TV broadcaster announced it was acquiring a controlling stake in Thinkfactory Media, a US producer of reality, entertainment
Read moreLondon midday: Markets cautious as eyes remain fixed on Fed
19th Jun 2013 12:01
A decline in risk appetite meant that UK markets were in the red on Wednesday morning ahead of the all-important policy decision from the Federal Reserve due out later this evening. "Attention is firmly on the Fed's monetary policy decision and press conference later, with investors clearly concern
Read moreLondon open: Stocks fall as investors brace for Fed meeting
19th Jun 2013 08:09
Following strong gains the day before, markets opened lower on Wednesday morning as investors paused for breath in anticipation of the Federal Reserve policy decision due out this evening. "Despite the tranche of economic data due today, investors will probably be focused on Fed Chairman Ben Bernan
Read moreLondon open: Markets rebound as 'tapering' concerns ease
4th Jun 2013 09:10
Markets rebounded on Tuesday morning following a choppy session the day before as renewed hopes about US stimulus lifted sentiment early on. London's FTSE 100 lost 58 points yesterday, falling 0.9% to a one-month low of 6,525, after factory activity in both China and the US weakened in May. Manufac
Read moreSector movers: Utilities rebound after recent sell-off
31st May 2013 13:34
Utility stocks were making gains on Friday afternoon as they attempted to rebound following their recent falls. After an impressive rise so far this year, high-yielding utility stocks have been under pressure over the past week. While this could simply be a result of profit-taking, some analysts ha
Read moreLondon close: Stocks plummet as bond yields rise
29th May 2013 16:38
Financial markets erased yesterday's impressive gains on Wednesday as renewed concerns about the global economy hammered sentiment in London. "In an almost complete reversal of yesterday's price action the bears have reasserted themselves today, overturning the brief return to optimism as European
Read moreSector movers: Utilities drop as yield-hunters turn to US debt
29th May 2013 14:46
Every sector in London was either flat or in the red on Wednesday afternoon as concerns about the global economy - following downgrades to growth forecasts from the OECD - sparked a market-wide sell-off. The utilities sectors, which have put in an impressive performance in 2013 so far, were firmly
Read moreLondon close: Markets tumble as stimulus hopes fade
23rd May 2013 16:20
The recent bullish mood on equity markets quickly faded on Thursday as mixed messages from the Federal Reserve and a slowdown in China sparked a heavy sell-off on the FTSE 100, which lost more than two per cent of its value. Answering questions in Congress last night was Fed Chairman Ben Bernanke w
Read moreFTSE 100 movers: United Utilities rises on divi payment
23rd May 2013 15:26
United Utilities was one of a small handful of risers having upped its dividend on the back of what it described as a 'good' set of results, supported by a strong operational performance, which fed through to the quality of service received by its customers. Tate & Lyle climbed after Deutsche Bank
Read moreLondon midday: Rally runs out of steam after Bernanke comments
23rd May 2013 11:32
Markets tumbled by around two per cent on Thursday morning as investors chose to take profits in the aftermath of comments from the head of the US Federal Reserve and a disappointing reading of manufacturing activity in China. The FTSE 100 had surged to a fresh 13-year high high of 6,840 the day be
Read moreLondon open: Fed concerns, poor Chinese data spark sell-off
23rd May 2013 08:31
Worries about the Federal Reserve 'tapering' quantitative easing (QE) prematurely spooked markets on Thursday morning, along with a disappointing reading of manufacturing activity in China. The FTSE 100 had surged to a fresh 13-year high high of 6,840 the day before, its second-highest close in his
Read moreUnited Utilities reports good full year results and ups dividend
23rd May 2013 07:57
United Utilities has delivered a rise in full year profit on the back of a strong operational performance, which fed through to the quality of service received by its customers. Underlying operating profit for the period totalled £607.1m (2012: £594.1m), while underlying profit before tax rose to
Read moreSector movers: Water stocks lift utilities higher
20th May 2013 14:09
Utilities stock were performing well on Monday afternoon, continuing their impressive year-to-date rise, after some upbeat comments about the UK water sector from UBS. "Compared to other low-risk inflation-protected returns the UK water sector is currently highly attractive even without financial r
Read moreLondon midday: FTSE 100 snaps eight-day winning streak as miners fall
14th May 2013 11:50
Strong gains in the utilities sector after a takeover approach for Severn Trent and some well-received results from Babcock International weren't enough to lift markets into positive territory by Tuesday lunchtime, as the FTSE 100 snapped an eight-day winning streak. "The broader market malaise is
Read moreLondon open: Markets flat after strong run, but Severn Trent soars
14th May 2013 08:19
Strong gains for Severn Trent and other utility providers helped offset weakness elsewhere on Tuesday morning as the FTSE 100 paused for breath following an eight-day winning streak. "European markets moved forward modestly today shunning a mixed trading session in Asian stock markets overnight as
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