London pre-open: FTSE to rise as UK outlook improves
9th Oct 2012 07:29
City sources predict the FTSE 100 will open up 15 points from yesterday's close of 5,842, despite news that the International Monetary Fund has slashed global growth forecasts. The UK was not immune to the downgrades: the economy is now expected to contract by 0.4% this year, down from the previou
Read moreCentamin on track to hit full-year guidance
9th Oct 2012 07:18
Egypt-focused gold miner Centamin saw a solid year-on-year improvement in production in the third quarter, but volumes declined on the preceding three months due to mill works and an employee strike in July. Total gold production from its flagship Sukari Gold Mine was 60,922 ounces in the three mon
Read moreFTSE 250 movers: Miners leap on QE3 decision
14th Sep 2012 15:53
Mining stocks were putting in an impressive performance as metals prices gained on a weaker dollar after the Fed announcement, with investors hopeful that an improved US economy will boost the demand for commodities. Aquarius Platinum, Ferrexpo, Talvivaara, Lonmin and Centamin were all firmly higher
Read moreLondon midday: Mining stocks celebrate QE3
14th Sep 2012 11:48
- Footsie at six-month high after Fed decision - Mining stocks rocket on stimulus plans - Markets' upside momentum to remain in the weeks ahead, says analyst London's stock market continued to extend gains on Friday morning after last night's announcement of more stimulus in the US, pushed the FTSE
Read moreBroker tips: Gold stocks, Imperial, JD Wetherspoon
14th Sep 2012 10:53
With gold prices jumping after the announcement of further quantitative easing (QE) from the Federal Reserve last night, Nomura has maintained its 'bullish' view on the sector. "Following yesterday's Federal Open Market Committee (FOMC) announcement of a new open-ended QE programme, gold prices hav
Read moreBroker snap: Gold equities to gain on QE, says Nomura
14th Sep 2012 09:30
With gold prices jumping after the announcement of further quantitative easing (QE) from the Federal Reserve last night, Nomura has maintained its 'bullish' view on the sector. "Following yesterday's Federal Open Market Committee (FOMC) announcement of a new open-ended QE programme, gold prices hav
Read moreLondon open: Footsie at six-month high after QE3
14th Sep 2012 08:23
- Stocks soar after last night's QE3 announcement - Fed to buy mortgage debt, maintain Operation Twist - Miners, banks surge early on Stock markets across Europe surged in early trading on Friday following last night's stimulus announcement from the Federal Reserve; increased risk appetite was ben
Read moreThursday broker round-up
13th Sep 2012 09:17
Anite: Jefferies keeps buy rating and 160p target. BAE Systems: Investec downgrades from hold to sell, target raised from 350p to 290p; Societe General downgrades to sell; Oriel Securities downgrades to hold, target lifted from 350p to 370p. Bank of Georgia: Seymour Pierce keeps buy rating and 1,6
Read moreFTSE 250 movers: Lonmin leads miners higher
6th Sep 2012 15:51
South Africa-focused platinum miner Lonmin rose strongly on Thursday on reports that it has reached a 'peace accord' with its striking miners following a wave of protests over the last few weeks. ?? The mining sector as a whole was firmly higher today on hopes over the global economy after the Euro
Read moreCentamin director stocks up following increased gold production
29th Aug 2012 16:08
Senior Independent Non-Executive Director at Centamin, Gordon Edward Haslam, purchased 52,056 shares in the Egypt-focused gold miner on Wednesday. Haslam purchased the shares at 76p each for a total of £39,563, taking his total holding to 102,056 shares. The transaction comes two weeks after the
Read moreNon-Exec at StatPro bumps up stake
20th Aug 2012 16:00
Mark Adorian, a Non-Executive Director of StatPro, has purchased 100,000 ordinary shares in the data solutions provider at 95p each. The £95,000 transaction takes Adorian's total holding to just over 2.6m shares, equal to 4.31% of the issued share capital. At the start of this month StatPro reveal
Read moreThursday broker round-up
16th Aug 2012 10:06
Aegis: UBS downgrades to neutral. Babcock: Espirito Santo downgrades to neutral. Balfour Beeatty: HB Markets downgrades to hold; Deutsche Bank downgrades to hold. BG Group: Morgan Stanley downgrades to equal weight. Capital Shopping Centres: Oriel Securities upgrades to hold. Carclo: N+1 Brewin
Read moreLondon close: Stocks maintain gains despite mixed data
14th Aug 2012 17:06
- Eurozone GDP in line - German and French data beats expectations - UK inflation rises in July Some better-than-expected economic growth data from Germany and France helped UK stocks hold on to gains on Tuesday; although London's benchmark index, the FTSE 100, was trading within a narrow range of
Read moreFTSE 250 movers: Henderson in top spot after boosting divi
14th Aug 2012 15:10
Henderson Group, a second tier fund manager, pleased investors with a small but 'solid' profit following a volatile half year, prompting an increase in the interim dividend. Egypt-focused gold miner Centamin which has stuck with its production guidance after second quarter output hit record levels
Read moreLondon midday: United Utilities leads stocks higher
14th Aug 2012 11:33
- UK CPI inflation rises in July - Eurozone GDP falls in line with forecasts - United Utilities up on takeover speculation The Footsie had moved broadly sideways in morning trade on Tuesday, holding on to the gains made in the opening hour, as investors digested a barrage of economic data from home
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