Daily Investment Market News from London
Thursday 17th of May 2012
June 3, 2009

BBY, HOC up on losing day in London

by Elaine Frei

BBY, HOC up on losing day in London

European equities markets were lower Wednesday on bad economic news out of the United States as the Institute for Supply Management reported that new factory orders were down in April by more than anticipated and after ADP Employer Services said that the US private sector lost 532,000 jobs in May. The FTSE 100 was down 2.09 percent to 4,383.42 in ...




June 2, 2009

Barclay’s Bank loses on stake sale

by Elaine Frei

Barclay's Bank loses on stake sale

European equities markets were mixed Tuesday as results for banks were mixed in the region. The FTSE 100 was 0.65 percent lower to 4,477.02 in London while the FTSE 250 managed to add 0.17 percent to 7,772.06 on the session. Banks were lower on the 100, led by Barclays Bank (LSE: BARC; NYSE: BCS; TYO: 8642), which dropped 13.52 percent to top the ...




June 1, 2009

TALV biggest gainer among London-listed miners

by Elaine Frei

TALV biggest gainer among London-listed miners

European equities markets were higher Monday as most banks and the commodities sector were up on hopeful sentiment about the economy, and carmakers gained after General Motors (NYSE: GM) finally filed for bankruptcy protection in the United States. In London, the FTSE 100 added 2 percent to 4,506.58 while the FTSE 250 was up 2.46 percent to 7.758.58. Miner Xstrata (LSE: XTA) led ...




May 29, 2009

Miners higher as Lonmin adds 8.43 percent

by Elaine Frei

Miners higher as Lonmin adds 8.43 percent

Most equities markets in Europe were higher Friday as banks and miners saw gains. The FTSE 100 added 0.69 percent to 4,417.94 in London, while the FTSE 250 was up 0.71 percent to 7,572. The London markets were up as Nationwide Building Society said that UK house prices rose 1.2 percent in May, while another report said that consumer confidence remained even ...




May 28, 2009

RBS falls 4.59 percent, leads banks lower

by Elaine Frei

RBS falls 4.59 percent, leads banks lower

Banks were lower in Europe Thursday, helping to send equities markets lower in the region. In London, the FTSE 100 was down 0.65 percent to 4,387.54 while the FTSE 250 dropped 0.92 percent to 7,518.27. Royal Bank of Scotland led declines by banks as it dropped 4.59 percent on the 100, while the biggest decliner on that index was investment manager Man ...




May 27, 2009

Grocers MRW, SBRY, TSCO all see gains

by Elaine Frei

Grocers MRW, SBRY, TSCO all see gains

European equities markets saw gains Wednesday. In London, the FTSE 100 added 0.1 percent to 4,416.23 while the FTSE 250 was up 0.77 percent to 7,588.05. Most retailers were higher, with supermarkets among the winners as Wm. Morrison (LSE: MRW) added 1.53 percent, J. Sainsbury (LSE: SBRY) was up 1.65 percent and Tesco (LSE: TSCO) gained 2.84 percent. Travel related shares did well ...




May 26, 2009

ENRC, HOC lead 100, 250

by Elaine Frei

ENRC, HOC lead 100, 250

Most European equities markets were higher Tuesday, but London markets were mixed as the FTSE 100 added 1.06 percent to 4,411.72 but the FTSE 250 dropped 0.15 percent to 7,530.02. Miners led both the 100 and 250, with Eurasian Natural Resources (LSE: ENRC) up 6.79 percent on the 100 while Hochschild Mining (LSE: HOC) led both the 250 and the sector which, nevertheless, ...




May 20, 2009

Miner Lonmin leads 100 with 8 percent gain

by Elaine Frei

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Most equities markets in Europe were higher Wednesday after miners gained on higher metals prices, outpacing declines in the banking sector. In London the FTSE 250 added 0.46 percent to 7,734.01 but the FTSE 100 dropped 0.31 percent to 4,468.41on declines for banks. Miners claimed the top five spots on the gainers list on the 100, led by Lonmin (LSE: LMI) with a gain of 8.11 percent and ...




May 18, 2009

India’s Sensex adds 17 percent on election results

by Elaine Frei

India's Sensex adds 17 percent on election results

On a day when Asia-Pacific region markets were mixed, India’s Sensex added 17.34 percent to 14,284.21 on election results promised more political stability in the world’s second largest nation by population, biggest democracy and twelfth-largest economy. The outcome of elections there gave the ruling Congress party a near-majority in parliament that will allow a new government to be formed without ...




May 14, 2009

ISYS leads FTSE 100 with 13 percent gain

by Elaine Frei

ISYS leads FTSE 100 with 13 percent gain

Most European equities markets were higher Thursday as banks and most miners saw gains. In London, the FTSE 100 was up 0.72 percent to 4,362.58 while the FTSE 250 added 0.78 percent to 7,428.77. Engineering group Invensys (LSE: ISYS) had the best day on the 100 with a gain of 13.25 percent, while travel specialist Thomas Cook Group (LSE: TCG) turned ...




May 13, 2009

CPG adds 6 percent in London

by Elaine Frei

CPG adds 6 percent in London

European equities markets closed lower Wednesday after news from the US Commerce Department that retail sales in the United States were lower in April, leading many to the conclusion that the economy is not prepared to recover from the recession just yet. In London, the FTSE 100 fell 2.13 percent to 4,331.37 while the FTSE 250 was down 3.31 percent to 7,371.19. Institutional ...




May 12, 2009

LLOY drops 10 percent, leads banks lower

by Elaine Frei

LLOY drops 10 percent, leads banks lower

European equities markets were mostly lower Tuesday as banks saw declines in London and elsewhere after Credit Suisse (SWX: CSGN; NYSE: CS) issued a warning on UK banks. London’s markets were mixed as the FTSE 250 added 0.18 percent to 7,623.92 but the FTSE 100 dropped 0.22 percent to 4,425.54. Lloyds Banking Group led both the sector and the 100 lower as ...




May 6, 2009

BARC, RBS lower on broker downgrades

by Elaine Frei

BARC, RBS lower on broker downgrades

European equities markets saw gains Wednesday although banks were mixed in the region. The FTSE 100 was up 1.37 percent to 4,396.49 in London, while the FTSE 250 added 0.44 percent to 7,871.2. Banks were mixed in London as Barclays Bank (LSE: BARC; NYSE: BCS; TYO: 8642) was down 3.36 percent and Royal Bank of Scotland (LSE: RBS; NYSE: RBS PRM) dropped 4.79 ...




May 5, 2009

BAY adds 12 percent as airlines gain

by Elaine Frei

BAY adds 12 percent as airlines gain

Equities markets in Europe were mixed Tuesday. Back from a bank holiday on Monday, the FTSE 100 added 2.21 percent to 4,336.94 in London while the FTSE 250 was 3.51 percent higher to 7,836.83. British Airways (LSE: BAY; NYSE: BAB) led gainers on the 100 as it added 12.09 percent as airlines in the region bounced back from concerns that the outbreak ...




May 4, 2009

Carmakers: RNO follows Fiat higher

by Elaine Frei

Carmakers: RNO follows Fiat higher

As London’s equities markets remained closed for a public holiday, European markets saw gains Monday after Italian carmaker Fiat (BIT: F) announced a plan to buy into troubled US carmaker General Motors (NYSE: GM). Fiat’s shares were up 8.1 percent on the plan to take over GM’s European operations, just a few days after it agreed to buy into Chrysler, which filed for ...




May 1, 2009

KAZ leads 100 as miners gain

by Elaine Frei

KAZ leads 100 as miners gain

Trade was quiet on global equities markets as many European and Asian markets were closed in observance of May Day. Markets were open in London, where the FTSE 100 fell 0.01 percent to 4,243.22 but the FTSE 250 added 0.56 percent to 7,571.33. Most miners were higher as Kazakhmys (LSE: KAZ) led the 100 with a gain of 10.28 percent while Vedanta Resources ...




April 30, 2009

RBS tops 100 again

by Elaine Frei

RBS tops 100 again

European equities markets were higher Thursday as the FTSE 100 added 1.29 percent to 4,243.71 and FTSE 250 gained 2.15 percent to 7,516.13 in London on gains for banks. Royal Bank of Scotland (LSE: RBS; NYSE: RBS PRM) led the 100 and the banking sector for the second day in a row as it added 13.59 percent, followed by Barclays Bank (LSE: BARC; NYSE: ...




April 29, 2009

RBS leads London banks higher

by Elaine Frei

RBS leads London banks higher

Equities markets in Europe were higher Wednesday as banks gained on a better-than-expected quarterly report from a Spanish bank. The FTSE 100 added 2.27 percent to 4,189.59 in London, while the FTSE 250 was up 2.68 percent to 7,346.69. Banks led winners on the 100 as Standard Chartered (LSE: STAN; SEHK: 2888) was 7.48 percent higher, Lloyds Banking Group (LSE: LLOY) added 8.26 percent, ...




April 28, 2009

Miners RIO, TALV top losers on 100, 250

by Elaine Frei

Miners RIO, TALV top losers on 100, 250

European equities markets end the session in negative territory Tuesday as banks fell on reports that bank regulators have told Citigroup (NYSE: C) and Bank of America (NYSE: BAC) that they need to raise more cash., on declines among miners as prices for base metals fell, and on continuing concerns about the outbreak of swine flu. In London the FTSE ...




April 27, 2009

GSK, AZN higher as pharma sector gains on flu fears

by Elaine Frei

GSK, AZN higher as pharma sector gains on flu fears

European equities markets were mixed Monday as the pharmaceuticals sector saw gains on hopes that there is money to be made from the swine flu outbreak which originated in Mexico and has spread to the US, Canada and Europe, but stocks related to travel declined on concerns that people will stay home on fears that travel could ...