LONDON MARKET CLOSE: FTSE 100 held back by miners and oil firms
7th Nov 2023 16:58
(Alliance News) - The FTSE 100 in London closed slightly lower on Tuesday, as miners and oil firms continued to drag down the index throughout the day. Read More
(Alliance News) - The FTSE 100 in London closed slightly lower on Tuesday, as miners and oil firms continued to drag down the index throughout the day. Read More
(Alliance News) - European equities were mixed heading into Tuesday afternoon, with weaker China data and doubts over the US interest rate outlook weighing on the mood. Read More
(Alliance News) - A subdued start to the week for European equities continued on Tuesday, with hawkish words from a US central banker supporting the dollar and making some rethink their interest rate outlook for the Federal Reserve. Read More
(Alliance News) - Weir Group PLC on Wednesday reiterated its full-year guidance on some "good" progress during the third quarter of 2023. Read More
Arc Minerals Ltd - Africa-focused base metals exploration company with projects in Zambia and Botswana - Satisfies "substantive" regulatory conditions regarding its joint-venture agreement with a subsidiary of Anglo American PLC, as previously announced regarding copper interests in northwestern Zambia. Says the two parties have completed the subscription of shares in the joint venture company, resulting in a 70% interest being acquired by Anglo American and a 30% interest being acquired by Unico Minerals Ltd, a 67%-owned subsidiary of Arc Minerals. Also notes drilling at one of the key joint venture licences has begun. Says certain minor procedural conditions are in the process of being satisfied after which the JVA will become unconditional. These remaining conditions are expected to be satisfied within the next two weeks, Arc Minerals says. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(Alliance News) - Anglo American PLC on Tuesday reported a mixed production performance for the third quarter of 2023 as strong copper output growth in Chile was contrasted by challenges arising from maintenance, low grades and mining challenges at other operations. Read More
Ferrexpo PLC - iron ore pellet producer in Ukraine - Hires Stuart Brown as an independent non-executive director, starting immediately. Brown was chief executive officer and chief financial officer of De Beers, the diamond arm of Anglo American PLC. Most recently, Brown was CEO of Toronto-listed Mountain Province Diamonds Inc and of former AIM-listing Firestone Diamonds PLC. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - Stock prices in London opened higher on Thursday, as data showed the UK economy returned to growth, and investors increasingly price in the prospect that US interest rates have peaked. Read More
Anglo American PLC - London-based mining company - Appoints Matt Walker as chief executive officer of its Marketing business. This following Peter Whitcutt's decision to step down after 33 years with Anglo American. Says Walker will take up his new role and join Anglo American's executive leadership team, with effect from December 1. Walker joined Anglo American in 2007 and has served as group head of corporate finance since 2021, following three years as group treasurer. He has held a number of senior finance and other roles across Anglo American, including as CFO of the copper business in Chile. Read More
(Alliance News) - Anglo American PLC on Wednesday agreed to collaborate with Mitsubishi Materials Corp on the creation of a copper product offering that responds to growing demand for metals with demonstrably strong provenance credentials. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(Alliance News) - Global equities bounced on Tuesday as risk appetite returned to the market, despite hostilities in the Middle East continuing, as dovish words from Federal Reserve officials restored investor confidence. Read More
(Alliance News) - Anglo American PLC on Thursday reported a tumble in rough diamond sales at De Beers, as the company cut supply to rebalance "certain areas of stock accumulation". Read More
(Alliance News) - Stock prices in London closed lower on Monday, with China-exposed stocks dragging down the FTSE 100 index amid fears that its property sector is "going from bad to worse." Read More
(Alliance News) - Stock prices in London opened lower on Monday as fresh concerns for the ailing Chinese property sector knocked investor confidence at the start of a new week. Read More
(Alliance News) - Stock prices in London opened in the red on Thursday, as sentiment took a hit from the prospect of another interest rate hike from the Federal Reserve, as investors awaited news from the Bank of England at midday. Read More