LONDON MARKET CLOSE: Stocks red despite US jobs data surprises
7th Feb 2025 16:50
(Alliance News) - Stock prices in London closed mostly lower on Friday, amid a climate of "grim" UK consumer confidence. Read More
(Alliance News) - Stock prices in London closed mostly lower on Friday, amid a climate of "grim" UK consumer confidence. Read More
(Alliance News) - London's FTSE 100 made a slow start on Wednesday, with trade worries keeping positivity at bay again, while GSK was a standout performer in early trade. Read More
Ferrexpo PLC - Baar, Switzerland-headquartered iron ore pellets producer in Ukraine - Updates on proceedings against the group's subsidiary Ferrexpo Poltava Mining in Ukraine. FPM has now received information that a civil claim was filed seeking joint liability of FPM and its general director for damages amounting to around USD3.76 billion in favour of the Ukrainian state. Notes initial accusations on the illegal sale of waste products have transformed into accusations that FPM is illegally mining and selling subsoil, which is said to have caused damage to the environment. FPM rejects these allegations in their entirety on the basis that there was no illegal extraction of the subsoil. FPM mines and extracts iron ore according to its mining licence. The iron ore is then processed to produce iron ore pellets. As a result of these processes, any waste that is leftover is stockpiled in accordance with best mining practices and in compliance with environmental standards. Based on information received by the group and with advice from Ukrainian legal counsel, FPM is of the view that these accusations and claims are without merit and FPM intends to vigorously defend its position in the Ukrainian courts. The operations of the group remain unaffected. Read More
(Alliance News) - Ferrexpo PLC on Thursday said debt claims against its Ukrainian subsidiary have now closed, following the rejection of a court appeal. Read More
(Alliance News) - Ferrexpo PLC on Thursday responded to allegations that its management was involved in illegal mining and waste product sales in Ukraine. Read More
(Alliance News) - Ferrexpo PLC on Thursday said production surged by 25% during the final quarter of 2024, bringing its annual production totals nearly 50% higher. Read More
(Alliance News) - Stock prices in London made a largely uninspiring start to Thursday, amid a mixed response to Christmas trading statements from high streets, while the pound's descent continued. Read More
(Alliance News) - Stock prices in London were mostly higher at midday on Monday, with investors mostly awaiting US inflation data in the afternoon. Read More
(Alliance News) - Stock prices in London closed lower on Monday, in a tepid final full trading day of the year, while equities in New York tumbled as a retreat from tech shares continued. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - Miners and oil majors gave London's FTSE 100 a lift on Monday on optimism a stimulus package in China would revive the fortunes of the world's second-largest economy. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - London's FTSE 100 is called to open slightly lower on Thursday, despite US stocks spiking to record highs overnight. Read More
(Alliance News) - Frasers Group PLC has been relegated from the FTSE 100 index in its latest quarterly shuffle alongside two constituent peers, housebuilder Vistry Group PLC and variety goods retailer B&M European Value Retail SA. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - London's FTSE 100 closed higher on Monday supported by rising banks and oil majors despite a limp start to the day across the pond. Read More
(Alliance News) - Ferrexpo PLC on Monday announced a lower production amid rising input costs and lower iron ore prices, amid challenges of operating in Ukraine. Read More
(Alliance News) - Blue-chips in London were higher at midday on Monday, after a sluggish start, as a fresh spike in oil prices lifted BP and Shell. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More