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The latest news on equities, commodities, and bonds:
February 2, 2010
European equities markets were higher Tuesday.
In London, the FTSE 100 was up 0.68 percent to 5,283.31 while the FTSE 250 gained 1.81 percent to 9,480.77.
Miner Eurasian Natural Resources (LSE: ENRC) led gains on the 100 as it added 4.6 percent on the session as all miners were higher, including best-in-sector iron-ore miner Ferrexpo (LSE: FXPO), which gained 7.16 ...
Eurasian Natural Resources leads 100 on higher metals prices
by Elaine Frei
February 1, 2010
European equities markets were higher Monday as banks and miners saw gains.
The FTSE 100 added 1.14 percent to 5,247.41 in London, while the FTSE 250 gained 0.81 percent to 8,312.11.
Northumbrian Water Group (LSE: NWG) had the best day in London, adding 11.76 percent and leading the 250 on a media report that the Ontario Teachers’ Pension Plan in Canada could ...
Northumbrian Water leads London on possible bid
by Elaine Frei
January 29, 2010
Equities markets in Europe were higher Friday, ending the week on a positive note.
The FTSE 100 added 0.83 percent to 5,188.52 in London, while the FTSE 250 was up 0.26 percent to 9,237.3.
Gem Diamonds (LSE: GEMD) led the 250, a mixed mining sector, and all gainers in London as it added 5.86 percent, while over on the 100, Xstrata (LSE: XTA) ...
Gem Diamonds leads gains in London
by Elaine Frei
January 28, 2010
Equities markets in Europe were lower Thursday.
The FTSE 100 fell 1.37 percent to 5,145.74 in London, while the FTSE 250 dropped 0.34 percent to 9,213.78.
Miners were the biggest decliners, with only two gains in the sector, led by iron-ore miner Ferrexpo (LSE: FXPO), which added 2.52 percent, while Xstrata (LSE: XTA) turned in the worst performance in the sector as ...
Most miners down, but Ferrexpo manages gain
by Elaine Frei
January 27, 2010
European equities markets were lower Wednesday in anticipation of a new decision on US interest rates and ahead of US President Barack Obama’s State of the Union address, which will be delivered before a joint session of Congress Wednesday evening in Washingdon, D.C.
The FTSE 100 was 1.13 percent lower to 5,217.47 in London, while the FTSE 250 dropped 0.51 percent to 9,245.25.
Soft drinks maker Britvic (LSE: ...
Britvic leads London markets
by Elaine Frei
Savvy investors snub financial advisers
by David Masters
January 26, 2010
European equities markets saw gains Tuesday despite remaining concerns over monetary policy in China.
The FTSE 100 added 0.31 percent to 5,276.85 in London, and while the FTSE 250 was slightly lower, in only dropped 0.2 point to 9,292.92.
Miners were hurt by the continuing concerns over the tightening of monetary policy in China on the possibility that the new policies, which include increased reserve ...
Ferrexpo leads miners lower
by Elaine Frei
NS&I to encourage savers with new account
by Kay Murchie
January 25, 2010
European equities markets were lower to start the week on Monday.
The FTSE 100 was 0.8 percent lower to 5,260.31 in London, while the FTSE 250 dropped 0.34 percent to 9,293.12.
Insurers were mixed as Legal & General Group (LSE: LGEN) added 3.68 percent to lead the sector and the 100, followed by a gain of 2.07 percent for RSA ...
Legal & General leads gains in mixed insurance sector
by Elaine Frei
January 22, 2010
European equities markets were lower Friday as banks declined on a proposal made Thursday by US President Barack Obama which would, if enacted, could limit what kind and how much of a risk banks could take with their money.
The FTSE 100 was down 0.6 percent to 5,302.99 in London, while the FTSE 250 fell 0.99 percent to 9,325.22.
Most London banks were lower ...
Barclays leads London banks lower
by Elaine Frei
January 21, 2010
European equities markets were lower Thursday on declines for banks and miners.
The FTSE 100 was 1.58 percent lower to 5,335.1 in London, while the FTSE 250 dropped 0.57 percent to 9,418.07, with the mining and banking sectors providing the nine worst performers on the session.
Royal Bank of Scotland (LSE: RBS) dropped 7.05 percent as it had the worst day on the 100 and in London, with ...
RBS, Fresnillo lead declines as banks, miners drop
by Elaine Frei
January 20, 2010
European equities markets were lower Wednesday as concerns grew that China’s pullback from stimulus efforts will slow its economy, hurting global recovery from the recession.
The FTSE 100 was 1.67 percent lower to 5,420.8 in London, while the FTSE 250 fell 0.87 percent to 9,472.29, with miners the biggest decliners on both indices.
The seven biggest declines in London on the session ...
Hochschild Mining leads miners lower in London
by Elaine Frei
Nationwide increases rates on fixed-rate bonds
by Kay Murchie
January 19, 2010
Most European equities markets were higher Tuesday.
The FTSE 100 was up 0.34 percent to 5,513.14 in London, but the FTSE 250 was 0.17 percent lower to 9,555.41.
There were gains in the pharmaceuticals sector, led by Hikma Pharmaceuticals (LSE: HIK) with a gain of 4.17 percent on the 250, on concerns that the results of a US Senate election to fill the seat ...
Hikma Pharmaceuticals leads sector higher
by Elaine Frei
January 15, 2010
European equities markets were lower to end the week on Friday.
The FTSE 100 was 0.78 percent lower to 5,455.37 in London, while the FTSE 250 fell 0.31 percent to 9,538.2.
Banks were lower after US bank JPMorgan Chase (NYSE: JPM) reported major losses in the fourth quarter, with Barclays Bank (LSE: BARC) seeing the biggest declines in the London sector, dropping 2.34 ...
Barclays leads most London banks lower
by Elaine Frei
January 14, 2010
Most equities markets in Europe were higher Thursday.
The FTSE 100 added 0.45 percent to 5,498.2 in London, but the FTSE was down 0.02 percent to 9,568.03.
Retailers had a hard time of it as most saw declines on the session, led by music retailer HMV Group (LSE: HMV) fell 8.01 percent on the 250 for the worst performance in the sector while over ...
HMV Group leads retailers lower
by Elaine Frei
January 13, 2010
European equities markets were mixed Wednesday.
In London, the FTSE 100 was down 0.46 percent to 5,473.48 and the FTSE 250 dropped 0.35 percent to 9,569.52.
Miners were lower, led by Hochschild Mining (LSE: HOC), which dropped 4.48 percent on the 250 while Randgold Resources (LSE: RRS) topped losers on the 100 as it fell 2.8 percent.
In the energy sector, Royal Dutch Shell’s ...
Hochschild leads miners lower in London
by Elaine Frei
January 12, 2010
European markets were lower Tuesday, hurt by concerns that a new move by China to tighten monetary policy by raising reserve requirements for Chinese banks could slow down economic recovery around the globe.
The FTSE 100 was 0.71 percent lower to 5,498.71 in London, while the FTSE 250 fell 1.26 percent to 9,603.47.
Retailer Tesco added 0.75 percent after it said its sales in the ...
Tesco gains on sales
by Elaine Frei
January 11, 2010
European equities markets were mixed Monday amid caution ahead of fourth quarter results from US companies, due to begin reporting after the close of trade today.
The FTSE 100 added 0.07 percent to 5,538.07 in London, while the FTSE 250 was up 0.39 percent to 9,726.44.
The real estate sector was mostly higher, led by Great Portland Estates (LSE: GPOR) with ...
Great Portland Estates leads London real estate sector
by Elaine Frei
London’s FTSE surges to 16-month high
by Kay Murchie