FTSE 100 index trades higher ahead of Federal Reserve minutes and UK employment and wage data as Glencore, Anglo American, Rolls-Royce and tourism companies share prices rise February 17, 2016 The FTSE 100 index traded higher this morning as all eyes turn to UK employment and wage data, as well as the latest Federal Reserve minutes. The UK's blue-chip index rose 1.27 per cent to 5,936 points in mid-morning trade, led higher by Glencore, Anglo American and Rolls-Royce despite the price of oil falling back slightly. "Despite yesterday’s slide [...]
FTSE 100 index opens higher as oil price rebounds on production freeze as Anglo American, BHP Billiton and Glencore share prices jump February 16, 2016 The FTSE 100 index opened higher this morning after markets were encouraged by quantitative easing hints from European Central Bank president Mario Draghi yesterday, as well as the rebounding price of oil. The UK's blue chip index rose 0.93 per cent to 5,878 points, led higher by Anglo American, BHP Billiton and Glencore. "European markets picked up where [...]
FTSE 100 index closes higher as price of oil rebounds and share prices at miners and banks including HSBC, RBS, Lloyds and Barclays rise and Rolls-Royce’s share price rockets February 12, 2016 Having taken a pounding on Thursday, the FTSE 100 index closed sharply higher today as the price of oil rebounded. The UK's blue chip index closed 3.08 per cent higher at 5,707 points, led higher by Rolls-Royce, banks and miners. The price of oil rose more than three per cent to nudge over $31 a barrel this morning, after an Opec minister [...]
FTSE 100 index closes lower as banks including HSBC, Lloyds, RBS and Barclays fall and miners’ woes continue February 11, 2016 The FTSE 100 index closed sharply lower on Thursday as the selloff in banking and mining shares continued. The UK's blue-chip index fell 2.39 per cent to 5,536 points, led lower by the financial sector with both banks and insurers set to struggle with low interest rates. "Banks have been hit hard and further steep weakness can not [...]
FTSE 100 index closes higher as bank shares rise and Janet Yellen’s remarks calm markets despite the continued fall of miners February 10, 2016 The FTSE 100 index closed higher today as banks recouped some of the losses they made yesterday and US Federal Reserve chair Janet Yellen calmed markets. The index closed 0.71 per cent higher at 5,672.3 points. "Fed Chair Janet Yellen’s testimony was always going to be aimed at provoking the least reaction possible in her testimony to the House Financial [...]
FTSE 100 index closes lower as miners and banks slide February 9, 2016 The FTSE 100 index extended its losses on Tuesday after having traded with some volatility over the course of the day. The UK's blue chip index fell 0.88 per cent to 5,632.19 points as banks and miners continued to tumble. “It’s becoming a ‘get yer hard hat on’ situation with bank stocks coming down left and right [...]
Antofagasta, Anglo American, Glencore share price: UK FTSE miners’ rally comes to abrupt end February 9, 2016 While mining stocks have sizzled recently, their rally came to an abrupt end today, in the wake of disappointing corporate news regarding two of the biggest firms. Antofagasta tumbled to the bottom of the FTSE 100, shedding as much as 10.2 per cent to 407.2p per share, after Goldman Sachs cut its rating on the stock to "sell". Meanwhile, [...]
Anglo American and Glencore share price: Mining stocks are surging again February 5, 2016 Shares in some of the biggest London-listed miners reversed earlier falls to rally for a second day in a row this morning. They finished at the top of the FTSE yesterday due to the tumbling US dollar, which sent gold to a fresh three-month high and helped copper to its highest level in a month. Anglo American shares [...]
FTSE 100 index opens ahead of US jobs data as miners’ share prices continue to rise February 5, 2016 The FTSE 100 index opened higher this morning ahead of the publication of US jobs data, which investors will be eyeing for signs of when the Federal Reserve will next raise interest rates. The UK's blue-chip index was 0.52 per cent up at 5,931 points in mid-morning trading, as miners recouped losses made when the market [...]
FTSE 100 index opens up as oil prices surge lifting oil companies and miners including Anglo American and Glencore ahead of the Bank of England’s interest rate decision February 4, 2016 The FTSE 100 index opened up this morning as markets priced out a further interest rate increase by the Federal Reserve this year, in turn causing the dollar to slide and the price of oil to rally. The UK's blue chip index rose 1.46 per cent to 5,924 points ahead of the Bank of England's latest [...]