FTSE 100 closes back below 6,000 points on BP fourth quarter results and falling oil prices February 2, 2016 Britain's blue-chip index tumbled back below the 6,000 mark today, as BP reported its biggest loss in at least 20 years and oil prices continued to fall The FTSE 100 closed down 2.28 per cent to 5,922.01 points this afternoon, after touching a low of 5,892.87 points earlier in the day. Shares in BP fell 7.15 per cent [...]
FTSE 100 closes lower on mining stocks as US markets tumble following a sharp drop in Chinese markets and oil prices January 15, 2016 You probably saw this one coming: The FTSE 100 finished the week 1.92 per cent lower, closing under 6,000 points for the second Friday running, as US markets tumbled. The FTSE 100 finished at 5,804 points, pushed down by miners including Anglo American, which finished the day 11.5 per cent lower at 232.7p, Glencore, which fell 6.5 per [...]
The biggest market moving moments of 2015, from the Chinese currency devaluations to the commodities crisis December 15, 2015 From Greece to China's Black Monday, It hasn't been an easy ride for many this year, with volatility taking global recovery in new and interesting directions. With the year nearing its end, we've looked back at the biggest market-moving moments of 2015. Contagion, anyone? Greece's General Election in January had far reaching consequences for the Eurozone, not just [...]
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 [...]
Trading division helps Glencore weather prices March 3, 2015 COMMODITIES powerhouse Glencore yesterday revealed that a 15 per cent jump in earnings for its trading division had partially shouldered the financial hit sustained from falling commodity prices. The offset allowed the Anglo-Swiss multinational to finish the year two per cent down in core profit. The company posted 2014 adjusted earnings before interest, tax, depreciation [...]
Oil price fall set to drag down UK dividends January 25, 2016 The collapse in oil and commodity prices took its toll on UK dividends last year as companies began to feel the bite of the price slump, with the worse expected in 2016. While oil multinationals are expected to maintain payouts, smaller producers with weaker balance sheets have slashed their distributions, according to the latest dividend [...]
FTSE 100 index closes lower as miners and banks slide February 9, 2016 The FTSE 100 index extended its losses on Tuesday after having traded with some volatility over the course of the day. The UK's blue chip index fell 0.88 per cent to 5,632.19 points as banks and miners continued to tumble. “It’s becoming a ‘get yer hard hat on’ situation with bank stocks coming down left and right [...]
At the close: FTSE storms over 6,000 in shock four day nine per cent rally as share prices stay volatile February 17, 2016 The FTSE 100 has smashed through the 6,000 barrier, less than a week after falling to lows of just over 5,500. The top share index closed at 6,030.32, up 2.9 per cent on the day, adding over nine per cent in the last four trading sessions. The rebound comes amid recent extreme market volatility across Europe's stock markets, [...]
FTSE closes flat as the oil and metal rout ends – London Report December 10, 2015 THE FTSE 100 index closed down yesterday despite a number of miners shaking off a volatile start to the day to close higher. The index closed 0.14 per cent down at 6,126 points, even though gains were seen at companies including Glencore, Rio Tinto and BHP Billiton, as well as Ashtead Group. “It [...]
FTSE 100 ends the week in a party mood as oil stocks jump January 22, 2016 After a week of turmoil, the FTSE 100 finished Friday on an upbeat note, closing 2.2 per cent higher, at 5,900 points. Other European stocks followed suit, with the French Cac finishing more than three per cent higher, and the German Dax ending almost two per cent higher. The news followed a bounce in oil prices, with [...]