Oil stocks drag down the FTSE ending its rally – London Report November 24, 2015 Traders’ concerns over miners and retailers yesterday pull down London’s main index, ending a week-long run. The FTSE 100 dropped 29.1 points to 6,305.5. Oil companies were struggled after Saudi Arabia indicated it will work to stabilise oil markets, sending the price pinballing. Producers ended lower, despite a late rally after the oil price bounced [...]
FTSE 100 index opens up on Royal Mail, Johnson Matthey and miners November 19, 2015 The FTSE 100 opened 0.7 per cent higher this morning, at 6,322 points, led by gains in Royal Mail, Shell, BG and Johnson Matthey. Royal Mail's share price increased 4.1 per cent to 18.6p as markets opened , after reporting progress in its cost-cutting programme, which left revenue largely flat against difficult market conditions. The company reported [...]
FTSE fends off Paris panic and ends the day up – London Report November 17, 2015 A RALLY by AstraZeneca after a delay in the approval for a rival drug and strong gains by builder Taylor Wimpey helped the FTSE to a positive day yesterday despite tourism stocks falling in the wake of the deadly attacks in Paris on Friday night. The UK’s blue-chip index closed up 0.46 per cent at [...]
FTSE 100 ends higher despite being weighed by tourism stocks after Paris attacks November 16, 2015 The FTSE 100 has rebounded to be trading flat in mid-afternoon trade, after it opened lower this morning, led higher by mining stocks despite tourism stocks including airlines and hotels falling in the wake of the deadly attacks in Paris on Friday night. The UK's top blue-chip index was up 0.5 per cent to 6,146.38 points at the close. International Consolidated Airlines [...]
At the close: FTSE 100 index suffers worst week since August on mining companies November 13, 2015 The FTSE 100 endured its worst week since August, closing 1.03 per cent down on Friday at 6,115 points, dragged down today by G4S and Rolls-Royce. The UK's top blue-chip index closed at its lowest point since 2 October, six weeks ago. Rolls-Royce continued on from sharp falls yesterday, dropping 4.19 per cent to 514.5p per share, after falling [...]
FTSE 100 index opens down on G4S, Rolls-Royce and Glencore November 13, 2015 The FTSE 100 opened marginally lower this morning, led by falls in G4S and Rolls-Royce, while miners regained some ground. The UK's top blue-chip index was down 0.32 per cent at 6,158 points, led by security company G4S, which opened 3.18 per cent down at 228.9p per share after it was downgraded by a broker. "G4S [...]
Rolls-Royce and miners put the brakes on FTSE 100 index – London Report November 13, 2015 A massive fall in Rolls-Royce stocks and continuing problems in the mining sector yesterday hit the blue-chip FTSE 100 index. The index fell 1.88 per cent to 6,178.68 points. Rolls-Royce was the biggest casualty of the day, tumbling 19.57 per cent to 536.50p after warning profits will be at the lower end of expectations due [...]
At the close: FTSE 100 slides as Rolls-Royce plummets November 12, 2015 The FTSE 100 index fell in Thursday's trading after Rolls-Royce shares tanked and miners continued to slide. The UK's top blue-chip index fell 1.88 per cent to 6,178 points. Rolls-Royce was the biggest casualty of the day, tumbling 19.57 per cent to 536.5p after warning profits will be at the lower end of expectations due [...]
BHP Billiton and Vale share prices fall after Brazil vows to make it pay for mine disaster November 12, 2015 The Brazilian government has said BHP Billiton and Vale will be punished for the fatal mining disaster, in its strongest remarks on the tragedy yet. "If federal fines are applicable, we will apply them," environment minister Izanbella Teixeira said. "There will be punishment, and under Brazilian law the environment has to be repaired," she added. Dams [...]
Glencore, Anglo American, BHP Billiton share price: FTSE miners tumble as commodities rout deepens November 12, 2015 The FTSE 350 mining index fell 4.61 per cent to 8,234.14 points this afternoon as copper prices tumbled. Glencore shares shed 9.52 per cent to 94.77p per share, Anglo American fell 8.55 per cent to 450.60p per share and BHP Billiton was 4.27 per cent lower at 884.50p per share. Earlier, copper prices slid to a two-and-a-half month low after the dollar [...]