ShareCast News - Market Report

London close: Stocks off again, Yen keeps strengthening

London equities finished lower for a second straight day, with investors being put off by the recent gyrations in the market, although the early close of some US markets ahead of the Memorial Day weekend may also have played a role.
[Fri 16:15]

FTSE 250 movers: AVEVA climbs on cash return plans

Engineering data and IT group AVEVA was extending gains after yesterday's results in which it revealed a 100m pound cash return to shareholders. Credit Suisse raised its target price for the shares this morning.
[Fri 16:04]

FTSE 100 movers: ENRC leads fallers

Eurasian Natural Resources Corporation (ENRC) was leading the way lower. The company announced Thursday that it has suffered two potential losses of company data.
[Fri 15:42]

London midday: Markets fall as caution sets in

Mining and banking stocks were weighing on the FTSE 100 on Friday morning as the index extended losses following yesterday's dramatic sell-off.
[Fri 11:41]

London open: Stocks in search of direction after sell-off

Markets opened tentatively on Friday morning with sentiment still fragile following a plunge the day before as traders reacted to concerns about stimulus measures in the US and a slowdown in China.
[Fri 08:47]

London pre-open: FTSE to edge higher ahead of BBA data

City sources predict the FTSE 100 will open up six points from yesterday's close of 6,697, as markets calm after Thursday's heavy losses and ahead of the Bank Holiday weekend.
[Fri 07:40]

London close: Markets tumble as stimulus hopes fade

The recent bullish mood on equity markets quickly faded on Thursday as mixed messages from the Federal Reserve and a slowdown in China sparked a heavy sell-off on the FTSE 100, which lost more than two per cent of its value.
[Thu 16:20]

FTSE 250 movers: Salamander dives on bad well update

Salamander Energy plunged after it issued a disappointing update on its Bedug-1 exploration well in the Bontang production sharing contract. Although the well was found to be a gas discovery, exploration was terminated as a result of high pressures.
[Thu 15:51]

FTSE 100 movers: United Utilities rises on divi payment

United Utilities was one of a small handful of risers having upped its dividend on the back of what it described as a 'good' set of results, supported by a strong operational performance, which fed through to the quality of service received by its customers.
[Thu 15:26]

London midday: Rally runs out of steam after Bernanke comments

Markets tumbled by around two per cent on Thursday morning as investors chose to take profits in the aftermath of comments from the head of the US Federal Reserve and a disappointing reading of manufacturing activity in China.
[Thu 11:32]



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