Broker tips for 2011
7th Jan 2011 15:37
Analysts are predicting a bullish year for the UK market on hopes a global economic recovery will kick in. Here are a few of the companies brokers think will lead the advance. Standard Life predicts the FTSE 100, which has risen around 25% since July, could rise by a further 15% to 6,900 by the end
Read moreFTSE 250 movers: CSR extends gains
22nd Dec 2010 14:28
Bluetooth chip specialist CSR is leading the risers, closely following by property group Daejan Holdings and sports chain Sport Direct International. Weather disruptions are sending some stocks lower with retailers Dixons, Dunelm and SuperGroup among the worst performers, and public transport group
Read moreLondon close: FTSE 100 hits new highs
21st Dec 2010 16:36
The leading share index closed just off its highest levels since the first half of 2008, before the global economic crash, after banks and miners led another day of gains. With copper prices at a record in London on hopes that strength in the US will help sustain global economic growth, miners such
Read moreLondon afternoon: Footsie still going strong
21st Dec 2010 15:12
Footsie is still going strong after a decent start on Wall Street. The 6,000 point mark - not seen since the first half of 2008 - is in sight. With copper prices at a record in London on hopes that strength in the US will help sustain global economic growth, miners such as India's Vedanta and Mexic
Read moreBroker tips: Retailers, CPP, Diploma
21st Dec 2010 14:08
Peel Hunt has evaluated the impact of recent weather disruptions at a crucial time of year for retailers, as the first companies begin to deliver snow-driven profit warnings. The broker highlights high street womenswear retailer Alexon's trading update as the first of many weak outlook statements.
Read moreBroker snap: Retail sector winners and losers
21st Dec 2010 12:39
Peel Hunt has evaluated the impact of recent weather disruptions at a crucial time of year for retailers, as the first companies begin to deliver snow-driven profit warnings. The broker highlights high street womenswear retailer Alexon's trading update as the first of many weak outlook statements.
Read moreLondon midday: Banks and miners buoy Footsie
21st Dec 2010 12:08
The FTSE 100 remains well above the 5,900 mark, with miners and banks moving higher in tandem once again. With copper prices at a record in London on hopes that strength in the US will help sustain global economic growth, miners such as India's Vedanta and Mexican silver specialist Fresnillo are go
Read moreLondon open: Footsie at 30-month high
21st Dec 2010 08:53
London has hit a new 30-month high on a partial recovery on Wall Street overnight and strong performance in Asia this morning. Banks are leading the way, with good gains for Barclays, RBS and Lloyds this morning. Reports, since played down, that Business secretary Vince Cable could walk away from t
Read moreLondon close: FTSE 100 shrugs off weather woes
20th Dec 2010 16:44
Shares held onto gains to close in positive territory despite the bad weather hitting travel and retail stocks. Snow-affected stocks such as British Airways and many of the major retailers fell. Arctic conditions are hurting retailers at their busiest and most crucial time of the year. Next, Marks
Read moreLondon afternoon: Shares stay buoyant despite weather hit
20th Dec 2010 15:25
Footsie is still hovering around 5,900 points following a mixed start on Wall Street. Snow-affected stocks such as British Airways and many of the major retailers have trimmed losses. Arctic conditions are hurting retailers at their busiest and most crucial time of the year. Next, Marks & Spencer,
Read moreLondon midday: Footsie tops 5,900
20th Dec 2010 12:00
Things turned around dramatically in the hour before lunch as the session came alive after a rather dull start, nudging a 2½-year high by midday. Defensive issues are still going well. National Grid, Scottish & Southern Energy and British Gas owner Centrica are expected to benefit from the cold sn
Read moreLondon close: Footsie limps higher
11th Oct 2010 16:38
Footsie closed just a few points higher Monday after a sluggish day's trading that saw the leading share index fluctuating in a narrow range just above the zero mark. Oil services group Petrofac firmed on the back of a lucrative contract win. The government of Sharjah has appointed the company t
Read moreLondon afternoon: Stocks tread water
11th Oct 2010 14:34
The blue-chip index trod water over the lunchtime session with the majority of leading stocks consolidating the morning's gains. Oil services group Petrofac is firmer on the back of a lucrative contract win. The government of Sharjah has appointed the company to take over operational responsibilit
Read moreBroker tips: SABMiller, Dunelm, Ashmore
11th Oct 2010 12:40
Investors expecting brewing giant SABMiller's performance to regain some fizz may have a while to wait, Nomura Securities suggests. "We think that short-term expectations of a renewal of volume growth towards company's medium-term guidance may be unrealistic. We still expect mixed news flow in the
Read moreLondon midday: Footsie crawls higher
11th Oct 2010 12:06
Footsie traded in a narrow range throughout the morning session and started the afternoon in marginally in positive territory, boosted by expectations of a moderately firm opening on Wall Street. Oil services group Petrofac is leading the market's far from vigorous advance. The government of Sharja
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