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BP among biggest Footsie risers after strong results
A downbeat FTSE 100 Index was dragged lower today by more eurozone economic gloom.
The London market closed down 27.9 points at 6,430.1, a 0.4% fall, as investors await the latest decision from the European Central Bank with policyholders widely expected to cut interest rates later this week.
Banking stocks set the pace among risers after Lloyds posted first quarter profits of nearly £1.5billion – much better than the £497million seen a year earlier and the £1.1billion forecast by City analysts. Shares closed up 0.83p at 54.33p, a 1.6% gain, which gave a boost to Royal Bank of Scotland. The bank’s shares surged 12.3p to 306.6p.
The London market closed down 27.9 points at 6,430.1, a 0.4% fall, as investors await the latest decision from the European Central Bank with policyholders widely expected to cut interest rates later this week.
Banking stocks set the pace among risers after Lloyds posted first quarter profits of nearly £1.5billion – much better than the £497million seen a year earlier and the £1.1billion forecast by City analysts. Shares closed up 0.83p at 54.33p, a 1.6% gain, which gave a boost to Royal Bank of Scotland. The bank’s shares surged 12.3p to 306.6p.
30/04/2013
Petrofac shares among risers, Xcite stock falls
An uncertain performance from banking stocks failed to hold back progress on the London market today.
The FTSE 100 Index added to Tuesday’s 2% rally with another 25.6 point gain to 6,431.8, despite early session falls on the Dow Jones Industrial Average in the US.
Barclays reported a 25% drop in profits in the first quarter of the year to £1.8billion, largely as a result of restructuring costs, and although shares were up by as much as 3% at one stage the rally ran out of steam to leave the bank 3.75p lower at 294.6p.
The FTSE 100 Index added to Tuesday’s 2% rally with another 25.6 point gain to 6,431.8, despite early session falls on the Dow Jones Industrial Average in the US.
Barclays reported a 25% drop in profits in the first quarter of the year to £1.8billion, largely as a result of restructuring costs, and although shares were up by as much as 3% at one stage the rally ran out of steam to leave the bank 3.75p lower at 294.6p.
24/04/2013
Premier Oil shares rise, Tullow among fallers
World markets stormed ahead today after forecast-beating results from both sides of the Atlantic.
The FTSE 100 Index rallied 2% or 125.5 points to 6,406.1, led higher by blue chips ARM Holdings and Primark parent Associated British Foods following better-than-expected trading updates.
ARM was the biggest FTSE 100 riser after it delivered a 44% hike in underlying pre-tax profits to £89.4million in the first quarter, helping shares jump 12% or 103p to 972p.
The FTSE 100 Index rallied 2% or 125.5 points to 6,406.1, led higher by blue chips ARM Holdings and Primark parent Associated British Foods following better-than-expected trading updates.
ARM was the biggest FTSE 100 riser after it delivered a 44% hike in underlying pre-tax profits to £89.4million in the first quarter, helping shares jump 12% or 103p to 972p.
23/04/2013
22/04/2013
Petrofac shares among risers, Xcite falls
Mining stocks helped the London market end a five-day losing streak today as bargain-hunters returned to boost the FTSE 100 Index.
The FTSE 100 ended up 42.9 points at 6,286.6 as investors shrugged off concerns over weakness in the US and Chinese economies.
Eurasian Natural Resources – the biggest faller on Thursday – was the strongest gainer today, surging 27% or 61.2p to 291p, as major shareholder Alexander Machkevitch said he was considering a takeover bid for the Kazakh firm. Fellow miner Fresnillo was up 31p to £11.17, a 2.9% gain.
The FTSE 100 ended up 42.9 points at 6,286.6 as investors shrugged off concerns over weakness in the US and Chinese economies.
Eurasian Natural Resources – the biggest faller on Thursday – was the strongest gainer today, surging 27% or 61.2p to 291p, as major shareholder Alexander Machkevitch said he was considering a takeover bid for the Kazakh firm. Fellow miner Fresnillo was up 31p to £11.17, a 2.9% gain.
19/04/2013
18/04/2013
Amec among biggest Footsie fallers
Gains in the blue chip mining sector and a bounce back on Wall Street failed to halt losses on London’s FTSE 100 Index today.
The top tier closed 39 points lower at 6,304.6 despite a more positive session in the US as the Dow Jones Industrial Average fought back from Monday’s steep losses.
Mining stocks dominated the FTSE 100 risers board as bargain-hunters moved into the commodity sector to take advantage of the heavy losses seen in recent sessions after gold prices suffered their sharpest fall since the 1980s and oil prices also tumbled.
The top tier closed 39 points lower at 6,304.6 despite a more positive session in the US as the Dow Jones Industrial Average fought back from Monday’s steep losses.
Mining stocks dominated the FTSE 100 risers board as bargain-hunters moved into the commodity sector to take advantage of the heavy losses seen in recent sessions after gold prices suffered their sharpest fall since the 1980s and oil prices also tumbled.
16/04/2013
Petrofac and Wood Group among Footsie fallers
Markets were dragged lower today by a surprise slowdown in Chinese growth, knocking commodity prices and fuelling worries about the strength of the global recovery.
The FTSE 100 Index closed down 40.8 points at 6,343.6, a 0.6% fall, as mining stocks weighed on the blue-chip index.
Precious metals miner Fresnillo was the biggest faller, tumbling 15.2% or 193p to close at £10.80.
The FTSE 100 Index closed down 40.8 points at 6,343.6, a 0.6% fall, as mining stocks weighed on the blue-chip index.
Precious metals miner Fresnillo was the biggest faller, tumbling 15.2% or 193p to close at £10.80.
15/04/2013
Parkmead shares among risers, Amec fall
The FTSE 100 Index ended a four-day winning streak today amid eurozone fears.
London’s FTSE 100 Index closed down 31.8 points at 6,384.4 following concerns that Cyprus is planning to ask for more rescue cash as eurozone finance ministers gather in Dublin for a two-day meeting.
Blue chip banks were among share fallers despite US giant JP Morgan Chase revealing record first quarter profits.
London’s FTSE 100 Index closed down 31.8 points at 6,384.4 following concerns that Cyprus is planning to ask for more rescue cash as eurozone finance ministers gather in Dublin for a two-day meeting.
Blue chip banks were among share fallers despite US giant JP Morgan Chase revealing record first quarter profits.
12/04/2013
Weir Group among biggest Footsie risers
London’s blue-chip index closed up today as it benefited from increased optimism on world markets.
The FTSE 100 Index closed 28.8 points higher at 6,416.1, helped by a shares rally in the retail sector spurred on by better-than-expected figures from Marks & Spencer.
The high street giant’s shares set the pace among stocks, with a rise of 4% as investors cheered its strongest quarterly sales growth in two years.
The FTSE 100 Index closed 28.8 points higher at 6,416.1, helped by a shares rally in the retail sector spurred on by better-than-expected figures from Marks & Spencer.
The high street giant’s shares set the pace among stocks, with a rise of 4% as investors cheered its strongest quarterly sales growth in two years.
11/04/2013
BG Group among biggest Footsie fallers
World markets stormed ahead today as trading set new record highs on Wall Street following encouraging data from the powerhouse Chinese economy.
London’s FTSE 100 Index joined in the market rally, closing 74.2 points higher at 6,387.4, with markets across Europe also making strong gains thanks to comments from Europe that suggest bail out loans given to Ireland and Portugal will be extended by seven years.
Mining stocks enjoyed mixed fortunes – Vedanta Resources was ahead 63p to £11.79, but Fresnillo was the biggest faller with a 31p drop to £13.23.
London’s FTSE 100 Index joined in the market rally, closing 74.2 points higher at 6,387.4, with markets across Europe also making strong gains thanks to comments from Europe that suggest bail out loans given to Ireland and Portugal will be extended by seven years.
Mining stocks enjoyed mixed fortunes – Vedanta Resources was ahead 63p to £11.79, but Fresnillo was the biggest faller with a 31p drop to £13.23.
10/04/2013
