Price: 1,457.50 Chg: -87.50 Chg %: -5.66% Date: 17:13 Price: 6,834.40 Chg: -26.78 Chg %: -0.39% Date: 16:36 – FTSE closes down 26.78 points at 6,844.51 – Fenner, miners provide drag – UK consumer confidence out of the red techMARK 2,812.27 +0.10% FTSE 100 6,844.51 -0.39% FTSE 250 16,010.25 +0.35% Miners dragged the FTSE to Read More
Author: Ftse Futures
* Fall in mining stocks take most points off FTSE 100 * Concerns over China economy weigh on mining shares * FTSE 100 down 0.3 pct By Sudip Kar-Gupta LONDON, May 30 (Reuters) – A drop in major mining stocks dragged down Britain’s blue-chip equity index on Friday, marring the market’s attempts to break new Read More
“All steel growth over the last ten years has come from China and over the last six months, we’ve had a decelerating Chinese economy. “We’ve also had Rio Tinto and BHP Billiton ramping up Australian exports. So we’ve seen record levels of Australian supply into a decelerating demand environment”, said Mr Gait. A profit warning Read More
* FTSE 100 closes down 0.4 pct at 6,844.51 points * Fall in mining stocks take most points off FTSE 100 * Concerns over China economy weigh on mining shares * FTSE edged up 0.4 pct over last week By Sudip Kar-Gupta LONDON, May 30 (Reuters) – A drop in major mining stocks dragged down Read More
LONDON (ShareCast) – 1630 Close: The FTSE 100 ended 26.78 points lower to 6855.51, dragged down by miners as the price of iron ore declined. Also weighing on stocks was a profit warning from Fenner (LSE: FENR.L – news) . The maker of conveyor belts for the mining industry said pre-tax profit will be up Read More
ASEAN Exchanges have expanded FTSE ASEAN Index Series with the introduction of a comprehensive suite of three indices broadly covering the growing ASEAN equity market. The three new tradable ASEAN indices are the FTSE ASEAN All-Share Index, FTSE ASEAN Stars Index and FTSE ASEAN All Share Ex-Developed Index. The FTSE ASEAN Index Series now includes Read More
LONDON (ShareCast) – Mining (LSE: MIR.L – news) stocks were trading firmly in the red as iron ore prices were headed for their sixth consecutive monthly decline, the longest losing streak on record. Meanwhile, concerns about a slowdown in China were also having an impact on stocks, as well as a profit warning from FTSE Read More
By This Is Money Reporters Published: 02:43 EST, 30 May 2014 | Updated: 11:29 EST, 30 May 2014 17.30 (CLOSE): A slump for mining stocks pushed the FTSE 100 Index into negative territory today as investors raised fresh concerns over the health of China’s economy. The slide came after it was reported that China’s finance Read More
By Sudip Kar-Gupta LONDON (Reuters) – A drop in major mining stocks dragged down Britain’s blue-chip equity index on Friday, frustrating the market’s attempts to break new ground and hit record highs. The FTSE 100 index .FTSE closed down by 0.4 percent, or 26.78 points, at 6,844.51 points. Earlier this month it hit 6,894.88 points, Read More
* Fall in mining stocks take most points off FTSE 100 * Concerns over China economy weigh on mining shares * FTSE 100 flat, stalling after recent rally By Sudip Kar-Gupta LONDON, May 30 (Reuters) – A drop in major mining stocks weighed on Britain’s blue-chip equity index on Friday, undermining the market’s attempts to Read More