FTSE News: FTSE 100, FTSE 250, and FTSE 400 investment news
FTSE market news from the London Stock Exchange: FTSE 100, FTSE 250, and FTSE 400

Latest FTSE News:

  • Miners gain, house builders see declines

  • Oil, miners higher in London

  • Telecoms, retailers see gains

  • Pharma lower in London

  • British Energy drops on nuclear plant delays

  • Home builders see gains in London

  • House builders, property developers down in London

  • Brewers higher on bids rumors

  • Oil sector, banks mixed in London

  • BP, Royal Dutch Shell gain on higher oil prices

  • FTSE news feed

    Recommended equities news sites

  • Eurofirst News
  • Tokyo Market News
  • NYSE News
  • Insurance: Car & Home
  • FTSE
  • London Stock Exchange
  •  

    October 29, 2007

    Miners gain, house builders see declines

    Filed under: Companies, Anglo American, Kazakhmys, BHP Billiton, Aquarius Platinum, Hammerson, Bovis Homes Group, Barratt Developments, Daejan Holdings, Taylor Wimpey, Talvivaara Mining Company

    In London on Monday, the FTSE 100 gained 0.67 percent to 6,076 and the FTSE 250 added 0.38 percent to 11,552.8.

    Miners saw gains after JPMorgan Chase upped its target share prices on BHP Billiton (LSE: BLT; ASX: BHP; NYSE: BHP) and Anglo American (LSE: AAL).

    BHP, with its target share price hiked to £20.71, was 1.4 percent higher on the session to £18.68, while Anglo American jumped 3.3 added to £33.52 on a new target share price of £32.84.

    Elsewhere in the sector Kazakhmys (LSE: KAZ) gained 3.42 to £15.14, Vedanta Resources (LSE: VED) was up 3.43 percent to £22.30.

    Over on the 250, Finland-based miner Talvivaara Mining Company (LSE: TALV) added 6.16 percent to 297.25p while Aquarius Platinum (LSE: AQP; ASX: AQP; JSE: AQP) had the best day on the 250 as it jumped 7.05 percent to £19.12.

    The big losers on the session were house builders and property developers.

    On the 100, Hammerson (LSE: HMSO) dropped 2.83 percent to £10.29 while Barratt Developments (LSE: BDEV) was down 3.07 percent to 631p. Taylor Wimpey (LSE: TW) had the worst day on the 100, falling 3.56 percent to 230.5p.

    Over on the 250, Daejan Holdings (LSE: DJAN) was 3.26 percent lower to £34.14 and Bovis Homes (LSE: BVS) dropped 3.43 percent to 634p.





    October 24, 2007

    Pharma lower in London

    Filed under: Companies, Cairn Energy, GlaxoSmithKline, Tullow Oil, Kazakhmys, Lonmin, BAE Systems, AstraZeneca, Vedanta Resources, Carphone Warehouse

    Equities were down in London Wednesday, with the FTSE 100 down 0.49 percent to 6,482 and the FTSE 250 falling 0.71 percent to 11,278.5.

    The pharmaceuticals sector saw losses.

    GlaxoSmithKline (LSE: GSK; NYSE: GSK) dropped 0.9 percent to £12.49 after it reported that profits were down 5.8 percent in the third quarter on poor sales of Advair and Avandia.

    Meanwhile, AstraZeneca (LSE: AZN; NYSE: AZN) fell 2 percent to £24.09 after a lowered recommendation from Merrill Lynch, which cited increased competition from generics in reducing the drug maker from “neutral” to “sell”.

    Miners were also lower on declines in base metals prices.

    Vedanta Resources (LSE: VED) dropped 4.05 percent to £20.63, while Lonmin (LSE: LMI) was down 4.66 percent to £32.50 and Kazakhmys (LSE: KAZ) fell 7.21 percent to £13.78 after it said output was cut by 19 percent in one of its mines after a flood.

    Oil explorer and producer Cairn Energy (LSE: CNE) had the best day on the 250 with a gain of 6.35 percent to £24.13 on rumors that BP (LSE: BP; NYSE: BP; TYO: 5051) might make an offer.

    Elsewhere in the oil sector, Tullow Oil (LSE: TLW; OTC: TUWLY) was up 2.09 percent to 610p.

    Carphone Warehouse (LSE: CPW) gained 1.82 percent to 336.25p on news of an unexpected deal with Vodafone (LSE: VOD; NYSE: VOD; FWB: VOD) in which Vodafone will host Carphone Warehouse’s new mobile phone service.

    The best performance on the 100 came from BAE Systems (LSE: BA). The aerospace and defense group added 3.36 percent to 507p.





    October 22, 2007

    British Energy drops on nuclear plant delays

    Filed under: Companies, Lloyds TSB, Carnival, Tullow Oil, Xstrata, Kazakhmys, BHP Billiton, British Energy, Wm Morrison, Barclay's, Vedanta Resources, Royal Bank of Scotland, Home Retail

    In London on Monday the FTSE 100 fell 1.05 percent to 6,459.3 and the FTSE 250 dropped 1.07 percent to 11,177.9.

    The biggest loser on the 100 was British Energy Group (LSE: BGY), which fell 8.12 percent to 532p on the news that two nuclear generators will be out of service longer than previously anticipated after new problems there.

    Banks were lower.

    Lloyds TSB (LSE: LLOY) was 1.2 percent lower to 530p, while Barclays Bank (LSE: BARC; NYSE: BCS; TYO: 8642) was down 1.6 percent to 580p and Royal Bank of Scotland (LSE: RBS; NYSE: RBS PRM) dropped 1.7 percent to 502p.

    Miners fell after base metals prices dropped.

    BHP Billiton (LSE: BLT; ASX: BHP; NYSE: BHP) was down 3.9 percent to £17.64 and Vedanta Resources (LSE: VED) was 5.04 percent lower to £20.54, while Xstrata (LSE: XTA) also fell 5.04 percent to £36.20 and Kazakhmys (LSE: KAZ) dropped 5.15 percent to €14.55.

    With crude oil prices also lower, Tullow Oil was down 5.79 percent to 585.5p.

    Among gainers on the day, supermarket chain Wm Morrison (LSE: MRW) was up 1.62 percent to 297.25p while elsewhere in the retail sector Home Retail (LSE: HOME) added 1.81 percent to 380p.

    Cruise line operator Carnival (LSE: CCL; NYSE: CCL) gained 1.61 percent to £22.68.





    October 8, 2007

    Northern Rock higher on news report

    Filed under: Companies, Northern Rock, Xstrata, Kazakhmys, British Land, Bradford & Bingley, Alliance & Leicester, Scottish and Newcastle, Vedanta Resources, Minerva, Carpetright, Marston's

    London’s markets were down on Monday.

    The FTSE 100 was 0.83 percent lower to 6,540.9 while the FTSE 250 was 0.54 percent lower to 11,328.7.

    Northern Rock (LSE: NRK) gained 8.83 percent to 172.5p for the best performance on the 100, on a Sunday Times report that Citibank (NYSE: C) could lend the bank £10 billion.

    But Alliance & Leicester (LSE: AL) was lower, falling 2.64 percent to 773p.

    Carpet and floor retailer Carpetright (LSE: CPR) had the best day on the 250, adding 4.13 percent to £11.61.

    Brewer and pubs operator Marston’s (LSE: MARS) was the biggest loser on the 250, dropping 5.51 percent to 347.25, but brewer Scottish & Newcastle (LSE: SCTN) gained 2.05 percent to 622p on takeover speculation.

    Miners were lower on the 100.

    Xstrata (LSE: XTA) was down 3.25 percent to £32.12 and Vedanta Resources was 4.31 percent lower to £20.86, while Kazakhmys (LSE: KAZ) fell the most on the 100, down 5.89 percent to £15.02 on the news that copper cathode production is expected to fall.

    Property developers and investors were lower.

    British Land (LSE: BLND) dropped 2.85 percent to £10.92, while Minerva (LSE: MNR) fell 4.62 percent to 232.25p.

    Mortgage lender Bradford & Bingley (LSE: BB) was down 5.18 percent to 270.25p.





    October 5, 2007

    Kazakhmys leads miners in gains

    Filed under: Companies, Anglo American, Kazakhmys, Antofagasta, British Land, Land Securities, Bradford & Bingley, Alliance & Leicester, Hammerson, Barratt Developments, Severfield-Rowen, Moneysupermarket.com

    Miners led the way in London as the FTSE 100 added 0.73 percent to 6,595.8 and the FTSE 250 gained 0.18 percent to 11,390.4.

    Anglo American (LSE: AAL) was up 2.92 percent to £33.43 and Antofagasta (LSE: ANTO) was 3.25 percent higher to 826p, while Kazakhmys (LSE: KAZ) turned in the best performance on the 100 as it added 4.59 percent to £15.96.

    Meanwhile over on the 250, price comparison website Moneysupermarket.com (LSE: MONY) was the top performer of the day with a gain of 5.57 percent to 189.5p.

    Construction group Severfield-Rowen (LSE: SFR) was up 4.04 percent to £21.10.

    House builders and property developers, however, didn’t do as well over on the 100.

    Land Securities Group (LSE: LAND) was 3.21 percent lower to £16.87, while British Land (LSE: BLND) was down 3.44 percent to £11.24 after it said it will not sell its stake in Meadowhall shopping center after all.

    Barratt Developments (LSE: BDEV) dropped 4.14 percent to 765p while Hammerson (LSE: HMSO) was down 4.26 percent to £11.68.

    But Alliance & Leicester (LSE: AL) turned in the worst performance on the 100 as it fell 6.81 percent to 794p on a broker downgrade.

    Mortgage lender Bradford & Bingley (LSE: BB) did the worst on the 250, dropping 6.58 percent to 285p.





    September 28, 2007

    Lonmin up 7.39 percent on platinum prices

    Filed under: Companies, PartyGaming, Kazakhmys, Antofagasta, Lonmin, London Stock Exchange, New Star Asset Management, Dana Petroleum, Tate & Lyle, Benfield Group, Collins Stewart

    Equities markets in London were lower in Friday trade.

    The FTSE 100 fell 0.3 percent to 6,466.8 while the FTSE 250 was 0.02 percent lower to 11,037.4.

    Miners were mixed.

    Lonmin (LSE: LMI) added 7.39 percent to £36.49 on a rise in platinum prices and on the possibility that Xstrata (LSE: XTA) might be interested in bidding.

    Gold miner Randgold (LSE: RRS; NAS: GOLD), meanwhile, was up 6.96 percent to £16.60.

    On the other hand Antofagasta (LSE: ANTO) was 3.54 percent lower to 762.5p, while Kazakhmys (LSE: KAZ) fell 3.44 percent to £14.05 after a downgrade from “buy” to “neutral” from UBS (NYSE: UBS; SWX: USBN; TYO: 8657).

    Food processor Tate & Lyle (LSE: TATE) was the biggest loser by far on the 100, plummeting 27.8 percent to 402.5p after it announced a “small” loss in the first half.

    Over on the 250, broker Collins Stewart (LSE: CLST) was the best performer, adding 7.59 percent to 205.5p.

    Other gainers on the 250 included reinsurer Benfield Group (LSE: BFD), which was up 7.41 percent to 290p.

    Dana Petroleum (LSE: DNX) gained 6.31 percent to £11.62.

    Asset managers New Star (LSE: NSAM) had the worst day on the 250 as it dropped 13.33 percent to 354p on statements from its chairman that it now faces a “challenging environment” after first half profits were up by 57 percent.

    Also lower were PartyGaming (LSE: PRTY) with a decline of 5.17 percent to 27.50p and the London Stock Exchange (LSE: LSE), which dropped 4.75 percent to £16.43.





    September 27, 2007

    UK banks see gains

    Filed under: Companies, Northern Rock, Tullow Oil, PartyGaming, Kazakhmys, Aquarius Platinum, Alliance & Leicester, Vedanta Resources, JKX Oil & Gas, HBOS, Compass Group, Standard Life, Taylor Wimpey

    In London on Thursday the FTSE 100 added 0.83 percent to 6,486.4 and the FTSE 250 was up 1.38 percent to 11,039.5.

    Banks were higher on the 100.

    HBOS (LSE: HBOS) gained 4.93 percent to 916p, while Northern Rock (LSE: NRK) was 6.32 percent higher to 193.5p.

    Alliance & Leicester (LSE: AL) had the best day on the blue chip index as it added 8.46 percent to 795p.

    Insurer Standard Life (LSE: SLET) was also higher, gaining 5.91 percent to 291.25p.

    House builder Taylor Wimpey (LSE: TW) jumped 6.59 percent to 275p.

    Over on the 250, online gambler PartyGaming (LSE: PRTY) put in the best performance as it added 7.41 percent to 29p.

    Commodity-related sectors didn’t have as good a day.

    Among miners, Aquarius Platinum (LSE: AQP; ASX: AQP; JSE: AQP) had the worst day on the 250 with a decline of 7.09 percent to £17.31.

    Over on the 100, Vedanta Resources (LSE: VED) fell 2.47 percent to £20.57 and Kazakhmys (LSE: KAZ) was down 1.69 percent to £14.55.

    In the oil sector, Tullow Oil (LSE: TLW; OTC: TUWLY) was 1.93 percent lower to 585p.

    JKX Oil & Gas (LSE: JKX) dropped 3.34 percent to 333p.

    Caterer Compass Group (LSE: CPG) had the worst day on the 100, where it fell 2.97 percent to 310.75p.





    September 20, 2007

    Retailers mixed in London

    Filed under: Companies, Northern Rock, Carnival, Cairn Energy, Tullow Oil, Anglo American, Kazakhmys, Bradford & Bingley, Alliance & Leicester, J Sainsbury, London Stock Exchange, Friends Provident, Kingfisher, Home Retail, Luminar, Stagecoach

    London’s markets were lower on Thursday.

    The FTSE 100 was down 0.48 percent to 6,429 while the FTSE 250 was 1.1 percent lower to 11,013.8.

    Retailers were mixed on the session, with J Sainsbury (LSE: SBRY) up 2.8 percent to 569p but DIY retailer Kingfisher (LSE: KFG) was down 5.88 percent to 181p and Home Retail (LSE: HOME) fell 5.38 percent to 373.75p.

    The best day on the 100 came from cruise line operator Carnival (LSE: CCL; NYSE: CCL), which added 7.08 percent to £23.74.

    Insurer Friends Provident (LSE: FP) was 4.24 percent higher to 174.7p, while in the mining sector Anglo American (LSE: AAL) gained 1.69 percent to £31.82 and Kazakhmys (LSE: KAZ) was up 1.9 percent to £14.50.

    Northern Rock (LSE: NRK) turned in the worst performance on the 100 once again as it dropped 27.94 percent to 185.2p.

    It was followed by Alliance & Leicester (LSE: AL) with a decline of 7.36 percent to 755.5p.

    The London Stock Exchange (LSE: LSE) had the best day on the 250, gaining 16.10 percent to €16.87.

    The oil sector saw advances.

    Cairn Energy (LSE: CNE) was up 3.79 percent to £20, while Tullow Oil (LSE: TLW; OTC: TUWLY) added 4.37 percent to 573.5p.

    The worst performance of the day on the 250 came from the leisure sector, where bar and restaurant operator Luminar (LSE: LMR) dropped 9.51 percent to 633p.

    Mortgage lender Bradford & Bingley (LSE: BB) was down 8.61 percent to 299.75p, while public transport group Stagecoach (LSE: SGC) fell 5.85 percent to 225.5p.





    September 19, 2007

    Miners post big gains in London

    Filed under: Companies, Paragon, Northern Rock, BAT, Xstrata, Anglo American, Kazakhmys, Rio Tinto, Antofagasta, BHP Billiton, Bradford & Bingley, Randgold, Vedanta Resources, Imperial Tobacco, Bluebay

    Miners were the big gainers in London on Wednesday, where the FTSE 100 gained 2.81 percent to 6,460 and the FTSE 250 was 3.09 percent higher to 11,136.3.

    The five biggest gainers on the 100 were all in the mining sector, where gains came on hopes that the US interest rate cut will help prop up demand for metals.

    Anglo American (LSE: AAL) had the best day on the 100, with a gain of 8.27 percent to £31.29.

    Vedanta Resources (LSE: VED) was 7.74 percent higher to £20.73, while Kazakhmys (LSE: KAZ) was up 7.07 percent to £14.23, Xstrata (LSE: XTA) added 6.76 percent to £30.50 and Antofagasta (LSE: ANTO) gained 6.71 percent to 787p.

    Elsewhere in the sector, BHP Billiton (LSE: BLT; NYSE: BHP; ASX: BHP) was up 6.3 percent to £16.27 and Rio Tinto (LSE: RIO) was 5.8 percent higher to £39.47.

    Over on the 250, gold miner Randgold (LSE: RRS; NAS: GOLD) jumped 9.37 percent to £15.64.

    Financial services group Bluebay (LSE: BBAY) had the best day on the 250, adding 20.58 percent to 470.25p.

    Mortgage lenders also had a good day with Paragon (LSE: PAG) up 9 percent to 327p, while Bradford & Bingley (LSE: BB) gained 10.9 percent to 328p.

    Northern Rock (LSE: NRK) dropped again, however, dropping 16.01 percent to 257p for the worst performance on the 100, on rumors that it has received a bid and could be sold for less than market value.

    The tobacco sector was also lower on the session.

    Imperial Tobacco Group (LSE: IMT) was 0.14 percent lower to £22.07, while British American Tobacco (LSE: BATS; AMEX: BTI; KLSE: BAT) was down 0.3 percent to £16.85.





    September 4, 2007

    Royal Dutch Shell sees gains on broker upgrade

    Filed under: Companies, Northern Rock, BG Group, Royal Dutch Shell, Tullow Oil, Kazakhmys, Shire, Persimmon, Liberty International, Home Retail, Greggs, SOCO International

    In London on Tuesday, the FTSE 100 gained 0.98 percent to 6,376.8 while the FTSE 250 was 1.34 percent higher to 11,510.8.

    Both indices were led by the oil sector. Royal Dutch Shell’s (LSE: RDSA, RDSB; NYSE RDS.A, RDS.B) A and B shares took the top two places on the 100, with B shares adding 2.9 percent to £19.85 and A shares gaining 3.02 percent to £19.79 after UBS (NYSE: UBS; SWX: UBSN; TYO: 8657) raised its recommendation on the oil group from “neutral“ to “buy“.

    BG Group also did well with its shares 2.43 percent higher to 800.5p.

    On the 250, Tullow Oil (LSE: TLW; OTC: TUWLY) was up 6.63 percent to 547p.

    Meanwhile, SOCO International (LSE: SIA) added 7.34 percent to £21.65 for the best day on the 250.

    Other gainers included miner Kazakhmys (LSE: KAZ), which was up 2.62 percent to £13.33 on the news that profits were up 22 percent in the first half of the year.

    In the retail sector, Home Retail (LSE: HOME) gained 2.63 percent to 429.5p.

    The biggest loser on the day on the 100 was in the banking sector, with Northern Rock (LSE: NRK) falling 1.21 percent to 732p.

    Bakery goods retailer Greggs (LSE: GRG) dropped 4.46 £50.50 for the worst performance on the 250.

    Property-related groups saw declines on the day.

    Home builder Persimmon (LSE: PSN) was 0.95 percent lower to £11.46, while property investor Liberty International (LSE: LII) fell 1.17 percent to £11.83.

    In the pharmaceuticals sector, Shire (LSE: SHP; NAS: SHPGY) dropped 1.15 percent to £12.95.





    Next Page »

    Latest Equities News:

  • Europe, US, most Asia markets lower on news, data

  • Equities decline globally on European debt concerns

  • Most global equities markets see declines on commodities prices

  • Europe, Asia markets mixed as Wall Street declines

  • European, US markets see gains as Asia markets remain mixed

  • European equities decline on lower credit rating for Greece

  • European equities markets gain, helped by US jobs report

  • Most global equities markets in decline

  • Europe, US, Asia markets all see declines

  • London markets see gains as most European markets retreat

  • FTSE News copyright 2012 Central Consultants