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 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 11, 2007

    Commodities-related companies higher on session

    Filed under: Companies, Northern Rock, BG Group, Tullow Oil, Aquarius Platinum, Randgold, Vedanta Resources, Bellway, Bovis Homes Group, Persimmon, Barratt Developments, Hunting, Redrow, Taylor Wimpey

    In London on Thursday, the FTSE 100 was 1.38 percent higher to 6,724.5 while the FTSE 250 gained 0.96 percent to 11,622.9.

    Commodities-related shares were higher on the session.

    Vedanta Resources (LSE: VED) had the best day on the 100 as it added 5.8 percent to £23.17, while oil refiner and distributor Hunting (LSE: HTG) was the best performer on the 250 with a gain of 10.28 percent to 783p.

    Elsewhere among miners, gold miner Randgold (LSE: RSS; NAS: GOLD) was 7.43 percent higher to £17.35 and Aquarius Platinum (LSE: AQP; ASX: AQP; JSE: AQP) jumped 9.42 percent to £18.47.

    Back in the oil sector, Tullow Oil (LSE: TLW; OTC: TUWLY) was up 4.68 percent to 626.5p, while BG Group (LSE: BG; NYSE: BG) added 4.74 percent to 883p.

    Among banks, Northern Rock (LSE: NRK) slipped again, dropping 5.67 percent to 258p for the worst performance of the session on the 100.

    Meanwhile, the house building sector and property developers had a bad day after the Royal Institution of Chartered Surveyors reported that house prices were lower in the UK again in September.

    Bovis Homes (LSE: BVS) was down 2.56 percent to 684p and Bellway (LSE: BWY) dropped 2.89 percent to £10.76.

    Barratt Developments (LSE: BDEV) was 3.54 percent lower to 722p, Persimmon (LSE: PSN) fell 4.02 percent to £10.03 and Redrow (LSE: RDW) was down 4.31 percent to 388.5p.

    Taylor Wimpey (LSE: TW) fell 4.28 percent to 290.75p.





    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.





    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 25, 2007

    Miners lead FTSE 100 lower

    Filed under: Companies, Northern Rock, Antofagasta, Lonmin, Scottish & Southern Energy, National Grid, Hammerson, Vedanta Resources, Drax Group, Severfield-Rowen, Taylor Wimpey, Alfred McAlpine, Wellstream

    London’s markets also declined, with the FTSE 100 down 1.07 percent to 6,396.9 and the FTSE 250 closing at 10,853.2, a drop of 1.7 percent.

    Miners dropped as metals prices declined.

    Vedanta Resources (LSE: VED) had the worst day on the 100 as it fell 6.49 percent to £20.90, while Antofagasta (LSE: ANTO) dropped 6.35 percent to 789.5p and Lonmin (LSE: LMI) was 5.35 percent lower to £32.02.

    Northern Rock (LSE: NRK) had another down day, falling 5.17 percent to 163.10 as it said it won’t pay a dividend it had promised to investors.

    House builder Taylor Wimpey (LSE: TW) was down 5.72 percent to 255.5p.

    Property developer Hammerson (LSE: HMSO), on the other hand, added 1.06 percent to £11.40.

    Electric power transmitter National Grid (LSE: NG) had the best day on the 100 with a gain of 2.5 percent to 780p, while Scottish & Southern Energy (LSE: SSE; OTC: SSEZY) added 1.38 percent to £14.73.

    Over on the 250, electricity generator Drax Group (LSE: DRX) was 2.38 percent higher to 602p.

    Natural gas utility Wellstream (LSE:WSM) gained 10.79 percent to 770p for the best day on the 250.

    Construction groups were mixed.

    Alfred McAlpine (LSE: MCA) was up 2.83 percent to 449.5p but Severfield-Rowen (LSE: SFR) was 6.65 percent lower to £21.05.





    September 24, 2007

    Developers, house builders see declines

    Filed under: Companies, Northern Rock, Xstrata, PartyGaming, Antofagasta, BHP Billiton, Aquarius Platinum, Vedanta Resources, Wolseley, Barratt Developments, Redrow, Beazley Group, Taylor Wimpey, Brixton, Merrill Lynch World Mining Trust

    London’s equities markets were mixed on Monday.

    The FTSE 100 was 0.14 percent higher to 6,465.9, but the FTSE 250 fell 0.49 percent to 11,040.8.

    Northern Rock (LSE: NRK) had another bad day, leading the losers on the 100 with a decline of 11.48 percent to 172p.

    House builders and related businesses were lower on both indices. Developer and house builder Barratt Developments (LSE: BDEV) dropped 4.64 percent to 749.5p, while real estate investor and manager Brixton (LSE: BXTN) was down 4.98 percent to 358p.

    House builder Taylor Wimpey (LSE: TW) was 5.82 percent lower to 271p, while Redrow (LSE: RDW) fell 5.96 percent to 394.5p.

    Meanwhile, building materials group Wolseley (LSE: WOS) dropped 4.83 percent to 807.5p on quarterly profits that were lower due to the slump in the US housing market.

    Miners were higher on the session.

    Antofagasta (LSE: ANTO) led the 100 with a gain of 6.64 percent to 843p, while Aquarius Platinum (LSE: AQP; ASX: AQP; JSE: AQP) turned in the best performance on the 250 as it added 6.56 percent to £18.53.

    Elsewhere in the sector BHP Billiton (LSE: BLT; NYSE: BHP; ASX: BHP) was up 5.68 percent to £17.50, while Vedanta Resources (LSE: VED) was 4.68 percent higher to £22.35 and Xstrata (LSE: XTA) jumped 4.61 percent to £32.89.

    Investors Merrill Lynch World Mining Trust (LSE: MWM) gained 3.99 percent to 652p.

    In the insurance sector, special risks insurer Beazley Group (LSE: BEZ) was up 3.91 percent to 179.5p.

    Online gambler PartyGaming (LSE: PRTY) added 4.81 percent to 27.25p.





    September 21, 2007

    Banks mixed in London

    Filed under: Companies, Northern Rock, Tullow Oil, PartyGaming, British Energy, Alliance & Leicester, London Stock Exchange, National Grid, Randgold, Vedanta Resources, Kelda, JJB Sports, Kingfisher, Daejan Holdings

    London’s markets saw gains Friday, with the FTSE 100 up 0.43 percent to 6,456.7 and the FTSE 250 gaining 0.73 percent to 11,094.7.

    Banks were mixed.

    While Northern Rock (LSE: NRK) added 4.91 percent to 194.3p, Alliance & Leicester (LSE: AL) dropped another 2.45 percent to 737p.

    Energy-related shares were mixed as well.

    Electricity generator British Energy (LSE: BGY) turned in the best performance on the 100 with a gain of 6.55 percent to 520.5p, but electric power transmitter National Grid (LSE: NG) was 2.38 percent lower to 759p.

    Elsewhere, water utility Kelda Group (LSE: KEL) fell 3.08 percent to 864.5p.

    Miners were also mixed.

    Vedanta Resources (LSE: VED) added 3.39 percent to £21.35 on the 100, while over on the 250 gold miner Randgold (LSE: RRS; NAS: GOLD) was the worst performer on the 250 with a decline of 4.34 percent to £15.21.

    Back on the 100, do-it-yourself retailer Kingfisher (LSE: KFG) fell 3.48 percent to 174.7 for the worst day on the blue-chip index.

    Sports retailer JJB (LSE: JJB) was also lower, dropping 3.01 percent to 145p.

    PartyGaming (LSE: PRTY) was up 9.47 percent to 26p for the best performance on the 250.

    The London Stock Exchange (LSE: LSE) was up 6.7 percent to £18.

    Tullow Oil (LSE: TLW; OTC: TUWLY) was also higher, with a gain of 5.84 percent to 607p.

    Property developer Daejan Holdings (LSE: DJAN) jumped 6.38 percent to £40.17.





    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 6, 2007

    Miners lead FTSE 100, 250

    Filed under: Companies, Northern Rock, BG Group, Tullow Oil, Standard Chartered, Rio Tinto, BHP Billiton, Lonmin, Legal & General, Randgold, Vedanta Resources, Drax Group, Benfield Group

    London’s markets saw gains Thursday as the FTSE 100 added 0.68 percent to 6,313.3 and the FTSE 250 gained 0.27 percent to 11,330.8 after the Bank of England‘s Monetary Policy Committee held interest rates steady as well.

    Companies related to commodities filled all five top spots on the 100 and two of the top five places on the 250, including the best performance there.

    Rio Tinto (LSE: RIO) had the best day on the 100 with a gain of 5.42 percent to £37.16.

    Elsewhere in the mining sector Lonmin (LSE: LMI) was 4.71 percent higher to £33.79, while BHP Billiton (LSE: BLT; NYSE: BHP; ASX: BHP) gained 3.95 percent to £14.73 and Vedanta Resources (LSE: VED) was up 3.41 percent to £19.10.

    In the oil sector, BG Group (LSE: BG; NYSE: BG) added 4.83 percent to 824.5p.

    Over on the 250, gold miner Randgold (LSE: RRS; NAS: GOLD) was 6.21 percent higher to £12.99 for the best performance on the 250.

    Tullow Oil (LSE: TLW; OTC: TUWLY) was 4.26 percent higher to 562.5p.

    The worst performance on the day on the 100 came from electricity generator Drax Group (LSE: DRX), which fell 5.63 percent to 637.5p.

    Banks were also lower, with Standard Chartered (LSE: STAN; SEHK: 2888) down 2.11 percent to £14.85 and Northern Rock (LSE: NRK) dropping 3.03 percent to 672p.

    Elsewhere among financial services groups, insurer Legal & General Group (LSE: LGEN) fell 2.34 percent to 138p.

    The worst performer on the 250 was reinsurer Benfield Group (LSE: BFD), which was 5.48 percent lower to 289p.





    Next Page »

    Latest Equities News:

  • Wall Street ends lower despite rate cut

  • Asia-Pacific, Europe equities see declines

  • Hang Seng adds 10.72 percent on session

  • India’s Sensex drops 1,408 points on session

  • Australian markets drop for 9th straight day

  • Taiex gains on opposition win in parliamentary elections

  • Hang Seng drops nearly 400 points

  • Most Asia-Pacific markets drop on US recession worries

  • Tokyo declines on export worries

  • Asia-Pacific equities mixed on economic concerns

  • FTSE News copyright 2005 Central Consultants