At the close: FTSE 100 index closes down on commodities and banks December 30, 2015 The FTSE 100 index closed down today over renewed fears of weakness in commodity markets and concerns over bank stocks after reports the Chinese central bank suspended a number of foreign banks from conducting some foreign exchange business. The UK's top blue-chip index shut 0.64 per cent down at 6,274 points, led lower by Glencore, [...]
FTSE 100 index opens down on miners and oil companies December 30, 2015 The FTSE 100 index opened lower this morning, led by mining and oil companies which extended losses made yesterday. The UK's top blue-chip index opened 0.51 per cent lower at 6,280 points, with BHP Billiton and Glencore leading the pack lower. The pair fell 1.47 per cent to 764.8p per share and 1.57 per cent to [...]
FTSE 100 set to drop five per cent over the year on mining, oil and banking stocks December 24, 2015 The FTSE 100 is set to end the year lower than it started thanks to disappointing performances in the mining, oil and gas and banking sectors – after it reached highs in excess of the 7,000-point mark in March, April and May. The index hovered around 6,250 points in early trading, up 0.1 per cent, [...]
At the close: FTSE 100 index makes strong gains on the back of commodities December 23, 2015 The FTSE 100 index closed sharply higher on Wednesday, with the bounce-back led by mining companies with oil companies not far behind. The UK's top blue-chip index closed 2.6 per cent up at 6,240 points, as the dead cat bounce in resources continued. "Stock markets have been encouraged by a stabilisation in commodity prices which has picked up [...]
FTSE 100 index opens higher as miners extend gains December 23, 2015 A dead cat bounce by miners yesterday has been extended, leading the FTSE to a strong opening on a shortened week of trading. The UK's blue-chip index opened 1.03 per cent higher at 6,145 points, led by Anglo American and Glencore. Anglo American opened 3.59 per cent higher at 307.83p per share, while Glencore rose 4.25 per [...]
FTSE boosted by big oil and miners – London Report December 23, 2015 THE FTSE 100 index maintained gains yesterday to close up after the price of oil rose and a dead cat bounce from miners. The UK’s top blue-chip index shut 0.8 per cent higher at 6,083 points, led higher by a number of mining and oil companies. Anglo American closed 5.7 per cent up, while Antofagasta [...]
At the close: FTSE 100 index closes up as oil companies and miners make gains December 22, 2015 The FTSE 100 index maintained gains today to close up after the price of oil rose and a dead cat bounce from miners. The UK's top blue-chip index shut 0.8 per cent higher at 6,083 points, led higher by a number of mining and oil companies. Anglo American closed 5.7 per cent up at 296.5p per share, while [...]
BHP Billiton share price fluctuates after it updates on Samarco mining disaster in Brazil December 22, 2015 Mining giant BHP Billiton this morning confirmed that 17 people died when a dam holding back waste water at the Samarco Mineracao iron-ore mining operation in Minas Gerais, Brazil, burst at the beginning of November. Some12 people working on the dam were killed, while the others were members of the local community. It added two dam-workers remained unaccounted for. BHP Billiton, and its [...]
FTSE 100 index opens up as oil prices hold steady December 22, 2015 The FTSE 100 index opened 0.75 per cent up this morning at 6,080 points, after a boost from oil prices, which recovered slightly. As oil prices rose, BP, Royal Dutch Shell and BG Group were all embedded at the top of the FTSE 100, while miners continued to make gains as commodities rebounded just in time for Christmas. BP [...]
Charts of the year, from miners’ woes to Ukip’s rise and wage growth to the EU migrant crisis December 22, 2015 The past 12 months have been a time of upheaval across the political and economic world. We've looked back at some of the watershed moments of 2015 in charts to show the scale of some of the changes that occurred this year. EU migrant crisis The migration crisis has dominated the news in 2015, playing [...]