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FTSE rebounds on Wall Street turnaround and Kazakhmys results

News - Thursday, August 26, 2010

The extended losing streak of the UK’s top index looks set to draw to a close today with global stock markets - most notably Wall Street - posting turnarounds, dragging the FTSE 100 index from a seven-week low. Topping the gainers charts are mining stocks, all buoyed by strong first-half results for Kazakhmys (LON:KAZ).

Resource stocks, banks continue to push London index down

News - Wednesday, August 25, 2010

A surprise downgrade of Ireland's sovereign debt rating by Standard & Poor's far outweighed good results from some companies. In addition investors are showing further concern about the global economic recovery. All in all stocks are broadly down today, the FTSE 100 index attained a drop of 1.2 per cent by 14:25 BST.

Ireland downgrade cancels out strong financial releases

News - Wednesday, August 25, 2010

The FTSE 100 has been fluctuating around the previous-session close-value despite a fresh batch of upbeat corporate results across the sectors. At 10:20BST the UK’s blue-chip index is at 5,151.52 – just four points shy of the close value on Tuesday with a decline of 0.09 per cent – with investor sentiment being hampered by a downgrade for Ireland’s credit rating, a deal delay for Tullow Oil (LON:TLW) and avoidance of risk assets in light of growing economy recovery fears.

Afternoon dive for FTSE sees index moving to 5,100

News - Tuesday, August 24, 2010

Fears about the global economic recovery weight heavily on investor sentiment today, appearing in the form of a solid drop in the morning and another dive by 13:00 BST. By 13:35 the FTSE 100 index stood at 5,143, down by 1.75 per cent from yesterday's close.

Previous session rally ends with wide-scale risk-stock sell-off

News - Tuesday, August 24, 2010

Recent merger and acquisition activity and the potential scrapping of the Australian supertax on miners have hit the backburner in today’s session as investors refocus on the slowing global economy. At 10:15BST the blue chip index is down 1.15 per cent with a loss of 60 points to fall back below the 5,200 bracket to 5,174.61.

London shares see mid-afternoon bump

News - Monday, August 23, 2010

FTSE 100 stocks held on to their early morning gains based on a solid performance from banks, insurers and miners. Around mid-afternoon London's top stocks saw renewed interest, receiving a solid bump to reach an intra-day high of 5,268.43. By 15:05 BST the FTSE 100 index traded at 5,257.99, up 1.23 per cent from yesterday's close.

Miners lifted by Australian election which could end super tax

News - Monday, August 23, 2010

Miners have been given a welcome boost at the start of the week’s trading as the proposed 40 per cent super tax on the sector in Australia has been cast into doubt following an indecisive outcome of the nation’s election.

FTSE 100 regains some ground from opening losses

News - Friday, August 20, 2010

By 11:30 FTSE 100 stocks turned around, regaining some of the terrain lost in morning trading. Recovering from a peak loss of 0.98 per cent the FTSE traded down by 0.43 per cent by 13:05 BST.

FTSE remains in the red despite oil sector bid activity

News - Friday, August 20, 2010

Rumours of takeover bids in the oil sector have done very little to lift the blue-chip index as a whole with the FTSE 100 trading relatively flat in the final session of the week. BG Group (LON:BG) is the one standout stock of the moment on talks that Royal Dutch Shell (LON:RDSA) is going to hatch one of the biggest takeover bids in UK corporate history as it looks to acquire its opposing stock.

Blue-chip stock index recovers morning losses on brighter borrowing picture

News - Thursday, August 19, 2010

After this morning's tumble the FTSE 100 index recovered to trade up by 0.2 per cent by 13:15 BST. By midday stocks were broadly higher, Lloyds Banking Group is near the top of the list, up 2.4 per cent.

FTSE flounders for second successive session on recovery fears

News - Thursday, August 19, 2010

The FTSE 100 index is poised to make a second successive session of losses today with oil and utilities stocks falling out of favour. Wide scale concerns about the recovery of the global economy are having a stranglehold on blue-chip stocks with brokers urging more caution.

Mixed day for FTSE 100 stocks as commodity prices tumble

News - Wednesday, August 18, 2010

A sharp drop in morning trading sent the FTSE 100 index down, by midday the index traded lower by 0.55 per cent at 5,321. Whilst miners and energy stocks are posting steep losses some stocks are doing well, including Intertek and Inmarsat.

Commodity turnaround and BHP Billiton bid drags FTSE lower

News - Wednesday, August 18, 2010

The UK’s blue-chip index is losing ground this morning with the FTSE 100’s biggest stocks, namely bankers and miners, posting losses on the back of ongoing doubt about the global economic recovery. BHP Billiton (LON:BLT) is one of those mining stocks dipping into the red this morning after making a £25bn bid for Canadian fertiliser firm Potash.

Miners continue to ride commodities wave, stocks broadly higher

News - Tuesday, August 17, 2010

Reacting to signs of stronger demand for commodities in China prices for metals rose, prompting investors to buy into mining stocks. The sector is responsible for a big part of the FTSE's gains today. Steadily continuing this morning's climb the FTSE traded at 5,317 by 12:55 BST, up 41 points or 0.8 per cent.

Strong miners and strike dodging British Airways lift FTSE

News - Tuesday, August 17, 2010

The UK’s blue-chip index is gaining in the region of one per cent with the mining sector pushing the FTSE higher on talks of growing demand sparked yesterday. British Airways (LON:BAY) is also experiencing a positive share price session thanks to the aversion of further strikes at UK airports.

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