Tag: FTSE 100
FTSE 100 rallied 1.1% or 62.5 points to close at 5,923.5
by Greg Secker on May.20, 2011, under Greg's Blogs
UK Report 19th May 2011
UK markets closed higher yesterday, as commodity and realty stocks recorded gains. Land Securities, up 6.4%, led the real estate sector higher, as its annual net income rose 14.0% to £1.24 billion and exceeded market expectations. Miners, Antofagasta, Vedanta Resources and BHP Billiton, added between 1.5% and 2.9%, as base metal prices managed to recover. Precious metal miners, Randgold Resources, Lonmin and Fresnillo also paced gains, in line with a rise in gold, platinum and silver prices. Oil producers Royal Dutch Shell and BP, gained values, as oil prices settled above $100 per barrel. Positive broker reviews benefited the shares of Cairn Energy and ENRC. FTSE 100 rallied 1.1% to 5,923.5. FTSE 250 climbed 0.4% to 11,887.5.
FTSE 100 lost 0.3% or 19.1 points to 5,925.9
by Greg Secker on May.17, 2011, under Greg's Blogs
UK Report 16th May 2011
UK markets closed mixed on Friday, as gains due to positive company updates were offset by losses in financials and utility stocks. A record contract backlog of $12.3 billion saw shares of Petrofac move higher, while BAE Systems rose 1.4%, after bagging a US army contract worth $850 million to manage an ammunition plant. Business outsourcing firms, Capita and Serco, paced gains, as their upbeat trading updates prompted Credit Suisse to upgrade its forecasts higher for the companies. However, the FTSE 100 index ended in the red, as banks, Barclays and Standard Chartered lost values, after Eurozone debt fears resurfaced. Scottish & Southern Energy, down 2.4%, led the utility sector lower, after Citigroup squashed speculation of a bid for the company. FTSE 100 lost 0.3% or 19.1 points to 5,925.9. FTSE 250 gained 0.3% or 32.1 points to 11,999.2.
FTSE 100 eased 1.1% or 64.1 points to 5,920.0
by Greg Secker on May.06, 2011, under Greg's Blogs
UK Report 6th May 2011
UK markets closed lower yesterday, with the FTSE 100 index suffering another day of heavy losses, as falling commodity prices coupled with dismal results from Lloyds Banking Group and Schroders triggered a selloff among investors. Miners, Vedanta Resource, Kazakhmys and Xstrata, declined between 2.6% and 4.3%, as base metal prices fell. Oil producers, Essar Energy, BG Group and Tullow Oil, fell between 3.2% and 5.2%, as oil prices witnessed its largest one-day percentage decline since 20 April, 2009. Shares of Lloyds Banking Group tumbled 8.0%, after the bank swung to a first quarter loss, while Schroders slumped 9.2%, after its quarterly earnings came below market expectations.
FTSE 100 eased 1.1% or 64.1 points to 5,920.0. FTSE 250 dropped 0.5% or 63.4 points to 11,845.7.
FTSE 100 gained 0.2% or 13.0 points to 6,082.9.
by Greg Secker on May.04, 2011, under Greg's Blogs
UK Report 4th May 2011
UK markets closed higher yesterday, as a rise in risk aversion prompted investors to load up defensive shares such as British American Tobacco, Imperial Tobacco and Reckitt Benckiser, all up between 2.0% and 2.9%. MAN Group, up 3.3%, featured among the top gainers in the FTSE 100 index, after the company managed to raise $1.5 billion from Japanese investors in spite of the March Japanese earthquake. Other money managers such as Schroders and ICAP also benefited from the positive MAN update. Travel related stocks, TUI Travel and Carnival, paced gains, on hopes that the fall in oil prices would ease the pressure on their operating margins. However, gains were limited, as index heavyweight miners, BHP Billiton, Rio Tinto and Xstrata recorded losses, following a slump in precious metal prices and loss of risk appetite.
FTSE 100 gained 0.2% or 13.0 points to 6,082.9. FTSE 250 rose marginally to 12,014.8.
FTSEurofirst 300 index rose slightly to 1,157.0
by Greg Secker on May.03, 2011, under Greg's Blogs
UK Report 3rd May 2011
UK markets closed higher on Thursday, as miners, oil producers and insurers recorded gains. Miners, Anglo American, BHP Billiton and Kazakhmys, gained between 0.8% and 1.2%, as base metal prices edged up. Precious metal miners, Fresnillo and Randgold Resources also paced gains, as gold and silver prices continued their good run. Oil producers, Royal Dutch Shell, Cairn Energy and Petrofac, added between 0.3% and 0.6%, as crude-oil futures on Thursday edged to their highest settlement since September 2008. Standard Life, up 3.2%, led insurers higher, after the company made a good start to 2011. However, gains in the FTSE 100 index were almost pared, as below par corporate updates weighed on the shares of AstraZeneca, Unilever and Whitbread.
FTSE 100 rose marginally to 6,069.9. FTSE 250 climbed 1.0% or 118.9 points to 12,013.9
