Daily Investment Market News from London
Thursday 17th of May 2012
July 9, 2009

Miners FRES, HOC lead 100, 250

by Elaine Frei

Miners FRES, HOC lead 100, 250

European equities markets were up Thursday as London saw gains on a buoyant mining sector and after the Bank of England held interest rates steady again at 0.5 percent but did not expand its program to put more money into the faltering economy. The FTSE 100 added 0.45 percent in London, while the FTSE 250 was up 0.52 percent to 7,234. All five ...




July 8, 2009

LGEN leads losers on 100

by Elaine Frei

LGEN leads losers on 100

European equities markets were lower again Wednesday amid generalized anxiety that the global economy will not recover from recession as quickly as had been hoped based on predictions that quarterly earnings reports will be disappointing. The FTSE 100 was down 1.12 percent to 4,140.23 in London, while the FTSE 250 was 1.76 percent lower to 7,189.9. The top three losers on the 100 were ...




July 7, 2009

House builder PSN adds 7.43 percent

by Elaine Frei

House builder PSN adds 7.43 percent

European equities markets were lower Tuesday. In London, the FTSE 100 dropped 0.19 percent to 4,187 but the FTSE 250 managed a slight gain of 0.01 percent to 7,321.38. Helping the gains on the 250 were advances for house builders, led by Persimmon (LSE: PSN), which gained 7.43 percent to lead gainers on the index while at the same time Barratt Developments (LSE: ...




July 6, 2009

LMI leads miners lower in London

by Elaine Frei

LMI leads miners lower in London

European equities markets were lower Monday on concerns that recently improved sentiment in several regions of the globe could be too optimistic about the prospects for economic recovery. In London, the FTSE 100 fell 0.98 percent to 4,194.91 while the FTSE 250 added 0.77 percent to 7,320.35. Miners took four of the top five spots in the losers column on the 100, with ...




July 2, 2009

Drinks maker DGE gains most on 100

by Elaine Frei

Drinks maker DGE gains most on 100

European equities markets were lower Thursday after new data from the United States Labor Department revealed that unemployment was up again there in June and on a separate report that said Eurozone unemployment rose to 9.5 percent, the highest level in a decade. In London, the FTSE 100 was 2.45 percent lower to 4,234.27 while the FTSE 250 dropped 1.77 percent ...




July 1, 2009

Miners VED, HOC lead 100, 250

by Elaine Frei

Miners VED, HOC lead 100, 250

European equities markets were higher Wednesday as miners and most banks saw advances. In London, the FTSE 100 was 2.15 percent higher to 4,340.71 and the FTSE 250 added 1.24 percent to 7,506.71. Miners led gainers on both the 100 and the 250 after copper, aluminium and nickel prices all jumped significantly. Vedanta Resources (LSE: VED) was 9.86 percent higher to lead the 100 ...




June 30, 2009

DNX up, MRS down in mixed London oil sector

by Elaine Frei

DNX up, MRS down in mixed London oil sector

Europe’s equities markets saw declines Tuesday as the banking sector and miners lost ground and the oil sector was mixed in London. The FTSE 100 was 1.04 percent lower to 4,249.21 while the FTSE 250 fell 0.84 percent to 7,414.56 in London. In the oil sector, oil and gas explorer Dana Petroleum (LSE: DNX) added 2.34 percent on the 250 ...




June 29, 2009

LLOY, BARC lead London banks higher

by Elaine Frei

LLOY, BARC lead London banks higher

European equities markets saw gains Monday, helped by a prediction from the European Commission that the worst of the economic crisis could be over in the region, despite the fact that a separate report from the Commission warned that unemployment could remain high and could limit recovery. In London the FTSE 100 was 1.25 percent higher to 4,294.03 while the FTSE 250 ...




June 16, 2009

BT Group adds 8 percent

by Elaine Frei

BT Group adds 8 percent

European equities markets were mixed Tuesday, with London markets reflecting the varied results in the rest of Europe. The FTSE 100 was up 0.06 percent to 4,328.57 while the FTSE 250 was 0.13 percent lower to 7,483.6. Telecommunications-related shares were the top winners on both London indexes as BT Group (LSE: BT.A; NYSE: BT) added 8.01 percent on the 100 while multi-utility Telecom Plus ...




June 15, 2009

LLOY up 2.3 percent on losing day for banks, markets

by Elaine Frei

LLOY up 2.3 percent on losing day for banks, markets

European equities markets were lower Monday, with individual gainers difficult to come by on the main indexes in London, Paris and Frankfurt. The FTSE 100 was 2.61 percent lower to 4,326.01 in London, while the FTSE 250 fell 2.57 percent to 7,493.52. There were only three gainers on the 100, led by Lloyds Banking Group (LSE: LLOY) with a ...




June 11, 2009

BARC adds 5.5 percent, leads London banks

by Elaine Frei

BARC adds 5.5 percent, leads London banks

Equities markets were higher Thursday in Europe as banks saw gains on the session. The FTSE 100 was up 0.57 percent to 4,461.87 in London, while the FTSE 250 added 0.54 percent to 2,330.58. Barclays Bank (LSE: BARC; NYSE: BCS; TYO: 8642) led the 100 and the London banking sector as it added 5.55 percent while Royal Bank of Scotland was not ...




June 10, 2009

ENRC news sends miners higher

by Elaine Frei

ENRC news sends miners higher

European equities markets were higher Wednesday as most miners saw gains on a declaration by Eurasian Natural Resources (LSE: ENRC) that prices for ferrochrome could go up and Antofagasta (LSE: ANTO) said its output will go up by 60 percent by 2011. In London, the FTSE 100 was up 0.73 percent to 4,436.75 and the FTSE 250 added 0.5 percent to 7,729.98. The five ...




June 9, 2009

RDW leads home builder declines on 250

by Elaine Frei

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European equities markets were mixed Tuesday, with most up but a few lower. In London the FTSE 100 dropped 0.01 percent to 4,404.79 while the FTSE 250 added 0.05 percent to 7,691.65. Four out of five of the top losers on the 250 were home builders, with Bovis Homes Group (LSE: BVS) down 3.92 percent while Taylor Wimpey (LSE: TW) was down 4.58 percent, Berkeley Group Holdings Units ...




June 8, 2009

LLOY leads banks lower

by Elaine Frei

LLOY leads banks lower

Europe’s equities markets saw declines Monday as banks stocks and miners had trouble gaining traction. The FTSE 100 was 0.75 percent lower to 4,405.22 in London, while the FTSE 250 dropped 0.77 percent to 7,687.86. Banks and miners made up all five biggest losers on the 100 as Lloyds Banking Group (LSE: LLOY) fell 7.7 percent for the biggest loss of the day on the ...




June 5, 2009

Miner RIO higher on plans

by Elaine Frei

Miner RIO higher on plans

European equities markets saw gains to end the week Friday. London’s markets seemed not to be hurt by government resignations and calls for the resignation of Prime Minister Gordon Brown. The FTSE 100 added 1.18 percent to 4,438.56 while the FTSE 250 gained 1.14 percent to 7,747.33. Miners were higher after Rio Tinto (LSE: RIO) said it was dropping efforts toward a deal with China’s ...




June 4, 2009

Miner LMI leads losers on 100

by Elaine Frei

Miner LMI leads losers on 100

Equities markets were mixed in Europe Thursday, on a day that both the Bank of England and the European Central Bank held interest rates steady, at 0.5 percent and 1 percent respectively. In London, the FTSE 100 was up 0.08 percent to 4,386.04 but the FTSE 250 dropped 0.37 percent to 7,660.07. Most miners were lower and the five biggest losers on the ...




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 ...