FTSE 100 index opens up as oil prices hold steady December 22, 2015 The FTSE 100 index opened 0.75 per cent up this morning at 6,080 points, after a boost from oil prices, which recovered slightly. As oil prices rose, BP, Royal Dutch Shell and BG Group were all embedded at the top of the FTSE 100, while miners continued to make gains as commodities rebounded just in time for Christmas. BP [...]
FTSE 100 index closes in a bear market as the price of oil falls further January 20, 2016 The FTSE 100 index officially fell into a bear market on Wednesday as the price of oil continued to slide. The UK's blue-chip index fell 3.46 per cent to 5,673 points, falling over 20 per cent from the high it reached in April 2015. "Few stocks were spared today as European equity markets plunged sharply today with the FTSE 100 [...]
Anglo American in talks over SA platinum mines September 3, 2015 SIBANYE Gold, the biggest producer of the yellow metal in South Africa, yesterday confirmed it was in negotiations with Anglo American Platinum over the purchase of the company’s Rustenburg platinum mines. Its shares rose 5.51 per cent on the Johannesburg stock exchange yesterday, although the company warned that a transaction might not be completed. While [...]
FTSE 100 index opens up on miners November 26, 2015 The FTSE 100 opened slightly up this morning as miners made gains as trading began. The UK's top blue-chip index was up 0.33 per cent at 6,358 points as the market opened. Glencore led the pack higher, up 3.29 per cent to 93.6p on opening, while other miners including Antofagasta and Anglo American were also rising. Read [...]
Trading stocks and equity markets will dominate week ahead – eToro Tips & Picks October 12, 2015 This week is going to be all about trading stocks and equity markets, as the fallout from the poor US jobs report continues to give markets a shot in the arm. Last week saw the start of earnings season in the US, with Alcoa reporting its third quarter numbers. Expectations for earnings are [...]
A bad start to the year for Sainsbury’s, Anglo American, Aberdeen Asset Management and Burberry, who top the list of most shorted shares of 2016 January 5, 2016 Sainsbury's yesterday revealed it had made an approach to takeover Home Retail Group, the owner of Argos and Homebase, in a bid to reverse its faltering fortunes. The report came as the extent of the Big Four supermarket’s woes were laid bare by new data revealing that its shares were the most shorted on the [...]
FTSE ends lower as commodities plunge again – London Report September 25, 2015 BRITAIN’S blue-chip share index fell yesterday, with basic resources and energy companies coming under fresh selling pressure due to lingering concerns about demand for metals and a poor outlook for commodity prices. The FTSE 100 index ended 1.2 per cent lower at 5,962.26 points. The index has fallen more than eight per cent so far [...]
FTSE 100 index opens down as Sports Direct and Old Mutual share price woes continue December 11, 2015 The FTSE 100 index opened down this morning as Sports Direct and Old Mutual extended losses, the day after both companies shed over 10 per cent of their share prices. The UK's top blue-chip index was down 0.18 per cent at 6,076 points. Sports Direct's share price was down 2.5 per cent as the market opened, falling to 577.75p per share, [...]
Anglo American’s share price drags down the FTSE 100 again December 9, 2015 Miners opened higher this morning, but the rally was short-lived, with some of the UK's commodity giants dragging the FTSE 100 into the red by mid-morning. The UK's top blue-chip index was 0.34 per cent down at 6,114 points in mid-morning trade. Anglo American dropped for the second day in a row, plunging 11 per [...]
At the close: FTSE 100 index makes strong gains on the back of commodities December 23, 2015 The FTSE 100 index closed sharply higher on Wednesday, with the bounce-back led by mining companies with oil companies not far behind. The UK's top blue-chip index closed 2.6 per cent up at 6,240 points, as the dead cat bounce in resources continued. "Stock markets have been encouraged by a stabilisation in commodity prices which has picked up [...]