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- Menzies in Demand, but UK Coal Catches Fire
9 Mar 2010 - Trade Deficit Increase Surprises Market
9 Mar 2010 - Mixed Reception for Prudential Deal
9 Mar 2010 - FTSE 100 Hits Highest Close for 18 months
9 Mar 2010 - FTSE back to 18 month high at 5,599.76
5 Mar 2010 - FTSE Back in the Blue
5 Mar 2010 - Company Results Fail to Impress
4 Mar 2010 - Arriva Continues Progress
4 Mar 2010 - Standard Chartered Reports Record Year
3 Mar 2010 - Tullow Oil Bucks Sector Trend
3 Mar 2010
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Buoyant Mining Sector Fails to Lift FTSE 100
Trading on the London Stock Exchange was light and cautious, on Wednesday, with members of the Bank of England's Monetary Policy Committee due to appear before the Treasury Select Committee and a statement expected from the Federal Open Market Committee in the U.S. later in the day. Share prices remained mixed, but the overall bias was moderately firmer, as mining and metal stocks were boosted by rising metal prices, and offset weaknesses in defensive pharmaceutical and tobacco stocks.
Dominic Turner
shareprices.com - Wednesday, June 24, 2009
Latest News
- Menzies in Demand, but UK Coal Catches Fire
9 Mar 2010 - Trade Deficit Increase Surprises Market
9 Mar 2010 - Mixed Reception for Prudential Deal
9 Mar 2010
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21 Jan 2010
By mid-session, the FTSE 100 index was up 8.07 points, or 0.2%, at 4,238.09 having closed 4.03 points lower on Tuesday.
Anglo American was, once again, the best performer in the FTSE 100, up 5.9%, despite its rejection of a proposed merger with Xstrata earlier in the week. Anglo American dismiseed Xstrata's proposal as "totally unacceptable", adding that it lacked "strategic merit." Takeover rumours – possibly involving Brazil's Vale SA, and Chinalco, following the collapse of its proposed deal with Rio Tinto – continued to circulate around the stock. Elsewhere in the mining sector, platinum miner Lonmin revealed that it was a water leak that forced the closure of its Number One furnace, and confirmed that it was scheduled to reopen with 30 days, as originally anticipated. Its share price rose 50p, or 4.41%, to £11.84, as a result. Rising metal prices were reflected by other miners, with Kazakhyms, Eurasian Natural Resources Corporation (ENRC), Rio Tinto, Vedanta Resources, and Xstrata making gains of between 2.8% and 5.3%.
FTSE 100 Latest
| Value | Change |
| 5,602.30 | 4.42  |
