At the close: FTSE 100 index closes down on Aberdeen Asset Management and BHP Billiton November 30, 2015 The FTSE 100 index closed down today, led lower by Aberdeen Asset Management and BHP Billiton. The UK's top blue-chip index ended Monday's session 0.3 per cent down, at 6,356 points. Aberdeen Asset Management's share price fell 4.6 per cent to 319.4p after having reported a 12.5 per cent fall in assets under management. The [...]
At the close: FTSE 100 index closes lower on miners November 27, 2015 The FTSE 100 closed down today, led lower by miners after having made gains yesterday. The UK's top blue-chip index closed 0.28 per cent down, at 6,375 points, led lower by Anglo American and Glencore, after negative data from China was released showing that Chinese industrial profits fell 4.6 per cent in October. Miners, other than BHP Billiton, yesterday led [...]
The FTSE’s best two day run since October – London Report November 27, 2015 THE FTSE 100 closed higher yesterday evening as miners made gains, despite BHP Billiton sliding. The UK’s top blue-chip index closed 0.88 per cent up, at 6,393 points, following the 0.96 per cent gain on Wednesday on the back of the chancellor’s Autumn Statement that sent housebuilders’ stocks higher. Glencore led the pack, closing 5.85 per [...]
FTSE 100 opens down as miners retreat November 27, 2015 The FTSE 100 opened down today, led lower by miners who yesterday made gains. The UK's top blue-chip index opened 0.59 per cent down, at 6,355 points, led lower by Anglo American and Glencore. Miners, other than BHP Billiton, yesterday led the index higher, but have today been largely falling. Anglo American opened 3.37 per [...]
At the close: FTSE 100 enjoys best two back-to-back days since October as it closes higher as miners make gains November 26, 2015 The FTSE 100 closed higher today as miners made gains, despite BHP Billiton sliding. The UK's top blue-chip index closed 0.88 per cent up, at 6,393 points, following the 0.96 per cent gain yesterday on the back of the chancellor's budget plans that sent housebuilders' stocks higher. Glencore led the pack, closing 5.85 per cent up at 95.88p per [...]
FTSE 100 index opens up on miners November 26, 2015 The FTSE 100 opened slightly up this morning as miners made gains as trading began. The UK's top blue-chip index was up 0.33 per cent at 6,358 points as the market opened. Glencore led the pack higher, up 3.29 per cent to 93.6p on opening, while other miners including Antofagasta and Anglo American were also rising. Read [...]
Royal Dutch Shell, Exxon Mobil and Glencore: Energy companies risk wasting trillions on uneconomic projects November 25, 2015 Energy companies risk wasting $2.2 trillion (£1.46 trillion) on uneconomic projects over the next 10 years, according to a new report. Think tank the Carbon Tracker Initiative's (CTI) report how fossil fuel firms risk destroying investor returns says energy companies' focus on fossil fuels at the expense of emerging clean technologies could put them out of kilter [...]
At the close: FTSE 100 index closes down on airlines and Burberry November 24, 2015 The FTSE 100 fell on Tuesday, led lower by airline stocks and Burberry Group. The UK's top blue-chip index closed 0.45 per cent down at 6,277 points. EasyJet and International Consolidated Airlines Group (IAG) were both among the largest casualties, falling 3.22 per cent to 1,594p per share and 3.08 per cent to 550.25p per share respectively. Read more: Kingfisher brings home [...]
Glencore cuts 4,300 jobs at its Zambia copper mining unit November 24, 2015 Glencore has reportedly slashed 4,300 jobs at one of its mines in Zambia, as part of the commodties miner and trader drive to weather the global commodities rout. In a letter dated October 21, the London-listed company said it's still losing millions of dollars and must take action to ensure its long term viability. "The company started [...]