Tag: commodities

Randgold best on 100

Randgold best on 100

European equities markets were lower Monday as investors were disappointed by the inability of finance ministers to find any new solutions to the region’s debt crisis at a meeting over the weekend, sending banks lower on concerns that the crisis could hurt the sector. The FTSE 100 was down 2.03 percent to 5,259.56 in London, […]

September 19, 2011 More
Inmarsat adds 7 percent

Inmarsat adds 7 percent

Most European markets made gains Friday on the hope that finance ministers meeting in Poland will announce new measures to pull the region out of its debt crisis. The FTSE 100 was up 0.58 percent to 5,368.41 in London while the FTSE 250 added 1.01 percent to 10.428.2. Satellite telecommunications specialist Inmarsat (LSE: ISAT) led […]

September 16, 2011 More
New World Resources best among miners

New World Resources best among miners

European equities markets were higher Thursday after the European Central Bank announced a coordinated effort in concert with the US Federal Reserve, the Bank of England, the Bank of Japan and the Swiss National Bank to insure liquidity through the end of this year, with the ECB lending dollars to Eurozone banks, while markets were […]

September 15, 2011 More
Next gains on earnings

Next gains on earnings

European equities markets were higher Wednesday as investors speculated that China might buy European bonds even though China’s premier said that nations with debt problems should not expect to be rescued. The FTSE 100 was up 1.02 percent to 5,227.02 in London, while the FTSE 250 added 0.97 percent to 10,107.9. Clothing retailer Next (LSE: […]

September 14, 2011 More
RBS leads London banks higher

RBS leads London banks higher

European equities markets were higher Tuesday as banks came back from big declines on Monday, helped by a statement from Societe Generale’s (Euronext: GLE) CEO that his bank is healthy. The FTSE 100 was up 0.87 percent to 5,174.25 in London, while the FTSE 250 added 0.27 percent to 10,011, with banks the best performers […]

September 13, 2011 More
Fresnillo down on silver prices

Fresnillo down on silver prices

European equities markets were lower Monday on the possibility that Greece could default soon and on speculation that Moody’s Investors Service could cut its rating on several big banks with holdings tied to Greece. The FTSE 100 was down 1.63 percent to 5,129.62 in London, while the FTSE 250 dropped 1.65 percent to 9,983.75 as […]

September 12, 2011 More
Tullow Oil leads 100 in London

Tullow Oil leads 100 in London

European equities markets were significantly lower Friday on an increased possibility that Greece could default on its debt as soon as this weekend, raising the concern level over the European region’s debt problems and ratcheting up worries that the economic recovery is faltering. Additionally, markets reacted to the resignation of European Central Bank board member […]

September 9, 2011 More
Trader Glencore International up 7.58 percent

Trader Glencore International up 7.58 percent

European equities markets saw gains Thursday as the Bank of England held interest rates steady at 0.5 percent and kept its bond-purchase program at £200 billion, while the European Central Bank also held rates steady, at 1.5 percent, but the ECB cut growth predictions for both this year and next year. The FSTE 100 added […]

September 8, 2011 More
Tullow Oil up 7.83 percent

Tullow Oil up 7.83 percent

European markets were higher Wednesday after the German Federal Constitutional Court dismissed three challenges to German participating in a loans package to Greece and another fund aimed at keeping Europe’s debt crisis contained. The FTSE 100 was up 3.14 percent to 5,318.59 in London, while the FTSE 250 added 2.48 percent to 10,321.3. The energy […]

September 7, 2011 More
Whitbread adds 7.28 percent on growth

Whitbread adds 7.28 percent on growth

Most equities markets in Europe were lower Tuesday as investors continued to worry about the debt crisis in the region. In London, the FTSE 100 managed to gain 1.06 percent to 5,156.84 after the Institute for Supply Management said its US services index was at 53.3 in August, up from 52.7 in July, but the […]

September 6, 2011 More
Royal Bank of Scotland, sued by US, down 12 percent

Royal Bank of Scotland, sued by US, down 12 percent

European equities markets were significantly lower Monday after German Chancellor Angela Merkel’s Christian Democratic Union party lost an election in her home state to the Social Democrats, with how Chancellor Merkel handled the European debt crisis as a key issue in the campaign, while banks were lower across Europe after the United States sued 17 […]

September 5, 2011 More
Randgold Resources leads gains on 100, in London mining sector

Randgold Resources leads gains on 100, in London mining sector

European equities markets were lower Friday after the US Labor Department reported that there was no job growth in the United States in August, leaving the unemployment rate at 9.1 percent, and that for those with jobs, the number of hours worked and hourly earnings were both down during the month. The FTSE 100 was […]

September 2, 2011 More
Hargreaves Lansdown leads 100 for second consecutive session on full-year results

Hargreaves Lansdown leads 100 for second consecutive session on full-year results

European equities markets were mostly higher Thursday, but the Dax dropped 0.94 percent to 5,730.63 in Frankfurt after private consumption dropped by 0.7 percent in German in the second quarter and the economy there saw more imports than exports. The FTSE 100 was up 0.45 percent to 5,418.65 in London, while the FTSE 250 added […]

September 1, 2011 More
Hargreaves Lansdown adds 6 percent ahead of full-year results

Hargreaves Lansdown adds 6 percent ahead of full-year results

European equities markets were higher Wednesday after ADP Employer Services said that the US private sector added 91,000 jobs in August and on the possibility that the US Federal Reserve will announce more action to help the US economy at its next meeting. The FTSE 100 was up 2.39 percent to 5,394.53 in London, while […]

August 31, 2011 More
Lonmin leads gains in London mining sector

Lonmin leads gains in London mining sector

Most European equities markets were higher Tuesday, with London’s markets seeing gains after taking Monday off for a bank holiday. The FTSE 100 added 2.7 percent to 5,268.66 in London, while the FTSE 250 was up 2.46 percent to 10,243.2 as banks and miners saw significant gains. Platinum miner Lonmin (LSE: LMI) was the best […]

August 30, 2011 More
Greek banks higher on merger between EFG Eurobank Ergasias and Alpha Bank

Greek banks higher on merger between EFG Eurobank Ergasias and Alpha Bank

European equities markets were higher after a report from the US Commerce Department said that US consumer spending was up by 0.8 percent in July as people spent on cars and on energy to cool their homes during a very hot summer in much of the nation. While London’s markets were closed for a bank […]

August 29, 2011 More
ITV gains 3.58 percent to lead gains on FTSE 100

ITV gains 3.58 percent to lead gains on FTSE 100

European equities markets were lower to end the week on Friday, with trade hurt by a report from the US Commerce Department which showed that the US economy grew by 1 percent in the second quarter over the same period last year, less of an advance than expected, while the latest Thomson Reuters/ University of […]

August 26, 2011 More
Premier Oil drops 9.71 percent on equipment concerns

Premier Oil drops 9.71 percent on equipment concerns

European equities markets were lower Thursday on the possibility that regulators will impose new restrictions on equities markets as a deadline approaches in France, Spain and Italy for a decision on whether or not to extend bans on short-selling which expire over the next two days. The FTSE 100 was down 1.44 percent to 5,131.1 […]

August 25, 2011 More
Man Group adds 10 percent on HSBC upgrade

Man Group adds 10 percent on HSBC upgrade

European equities markets were higher Wednesday after the US Commerce Department reported that orders for durable goods, those products meant to last for three years or more, were up by 4 percent in the US in July, more than expected after having dropped in June. The FTSE 100 was up 1.49 percent to 5,205.85 in […]

August 24, 2011 More
Charter International adds 20 percent on bids discussions

Charter International adds 20 percent on bids discussions

Most European equities markets were higher Tuesday, helped by speculation that the Federal Reserve will move to support the US economy and after a purchasing managers’ index in China indicated that manufacturing there is in better shape than expected, although gains were tempered as investor confidence declined more than expected in Germany. The FTSE 100 […]

August 23, 2011 More