FTSE extends falls after commodities drag down index – London Report October 28, 2015 Shares linked to the economic cycle gave up ground yesterday over concerns on growth in some countries and an oversupplied commodity market. The blue-chip FTSE 100 index fell 0.8 per cent to 6,365.27 points, its biggest daily loss in almost two weeks. Investors avoided strong bets ahead of the outcome of a two-day Federal Reserve [...]
FTSE 100 index: Miners Glencore and BHP Billiton have an up and down day but the FTSE closes up October 23, 2015 Basic resources were sharply higher yesterday, with Glencore and BHP Billiton among the risers, helping the FTSE 100 the end the session slightly higher. However, the UK’s main index lagged behind its European counterparts. While the FTSE 100 slipped during the day to a low of 6,321 points, it closed 0.44 per cent higher at [...]
FTSE 100 underperforms European counterparts, including German Dax and French Cac October 22, 2015 Basic resources were sharply higher on Thursday, with Glencore and BHP Billiton among the risers, helping the FTSE 100 end the session slightly higher. However, the UKs main index lagged behind its European counterparts. While the FTSE 100 slipped during the day to a low of 6,321 points, it closed 0.44 per cent higher at 6,376 points. [...]
Iron ore prices fall to three-month low October 22, 2015 Iron ore prices fell to the lowest level since July, amid a supply glut and crumbling global demand, particularly from its biggest consumer China. Benchmark 62-per cent grade iron ore for delivery to China's Tianjin port fell 0.8 per cent to $52.10 a tonne on Tuesday, according to The Steel Index. That was its lowest since [...]
BHP Billiton share price rises as it goes full steam ahead with iron ore October 21, 2015 BHP Billiton yesterday showed no signs of slowing down during the commodities rout, as it reported record iron ore production over the last quarter. The FTSE 100 mining giant said iron ore production had risen by seven per cent year-on-year to a record 61m tonnes. Full-year guidance remains unchanged at 247m tonnes. BHP, alongside its peers [...]
FTSE ends day steady as hotel stocks surge – London Report October 21, 2015 Arally in InterContinental Hotels Group and Whitbread shares yesterday following their well-received results helped to keep the FTSE 100 steady. The blue-chip FTSE 100 ended 0.1 per cent lower at 6,345.13 points, outperforming a 0.4 per cent fall in the pan-European FTSEurofirst 300. The FTSE 100 index still trades about 11 per cent below its [...]
FTSE 100 ends the day flat as InterContinental Hotels Group leads the pack October 20, 2015 The UK's top share index traded relatively flat on Tuesday but outperformed other European indexes. The FTSE 100 closed 0.02 per cent up, at 6,353 points, while France's Cac closed 0.50 per cent lower at 4,680 and Germany's Dax finished Tuesday's session 0.01 per cent up at 10,165. However the FTSE 100 is still trading nearly 11 per cent below its [...]
FTSE 100 trading marginally up on Whitbread and InterContinental Hotels Group results October 20, 2015 The FTSE 100 is swinging between minor gains and falls this morning as Whitbread and InterContinental Hotels Group (IHG) lead the pack, gaining 2.22 per cent and 3.72 per cent respectively at 9:00. Investors liked Whitbread's first half results, in which the company reported a pre-tax profit of £291.3m, up 13 per cent on the same period last year. [...]
FTSE dragged downwards by mining stocks – London Report October 20, 2015 REPORTS of a slowing Chinese economy yesterday hit mining stocks, dragging down the blue-chip FTSE 100 index. The index closed 0.4 per cent down at 6,352 points, led lower by mining company Anglo American which dropped by 7.37 per cent. Despite a rally of around five per cent so far in October, the FTSE 100 [...]
At the close: FTSE 100 dragged down by mining stocks October 19, 2015 The FTSE 100 closed lower today after mining stocks were badly hit by weak economic data from China. The index closed 0.4 per cent down at 6,352 points, led lower by mining company Anglo American which dropped by 7.37 per cent. Earlier today data from China outperformed analysts' expectations with gross domestic product growing at 6.9 per cent, but still [...]