After the recent falls across the mining sector, Liberum Capital has upgraded its rating on the category from 'sell' to 'hold', though the broker still sees plenty of downside risks in 2015. [Wed 13:00]
After the recent falls across the mining sector, Liberum Capital has upgraded its rating on the category from 'sell' to 'hold', though the broker still sees plenty of downside risks in 2015. [Wed 11:23]
Yet more disappointing economic data from China pushed UK stocks lower for the seventh straight session on Tuesday, with markets extending losses despite plunging to an 18-month low the previous session. [Tue 08:20]
Anglo-Australian miner BHP Billiton dipped following a downgrade at RBC Capital Markets to 'underperform' from 'sector-perform'. Other mining companies, including Fresnillo, Randgold Resources and Glencore, were also hit by a forecast of an extended period of low iron ore prices, due to over-supply and falling industry costs from analysts at Credit Suisse. [Mon 14:48]
The dramatic sell-off on the FTSE 100 continued into its fifth straight day on Friday as a weak finish on Wall Street and disappointing data from China hammered already-fragile sentiment on the market. [12 Dec '14]
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