ShareCast News - Market Report
London close: Markets underwhelmed by strong growth figures
UK growth figures prompted a mixed reaction on stock markets on Thursday as stronger-than-expected activity in the first quarter quashed hopes that the Bank of England (BoE) would ramp up its quantitative easing programme in order to kick-start the economy.[25 Apr '13]
FTSE 250 movers: International Personal Finance rises on profit increase
Home credit business International Personal Finance rose after it saw an increase in profits in the first quarter boosted by new customers and growing loan values.[25 Apr '13]
FTSE 100 movers: Miners lead the risers
Mining stocks rose on Thursday on the back of rising metal prices, led by Randgold Resources, Antofagasta, Vedanta, ENRC, and Polymetal.[25 Apr '13]
London midday: Stocks fall as GDP data quashes stimulus hopes
Better-than-expected growth figures from the UK underwhelmed stock markets on Thursday morning, tempering hopes that the Bank of England (BoE) would ease policy to boost the economy.[25 Apr '13]
London open: Stocks rise ahead of UK GDP
Markets opened strongly on Thursday morning as strength in the mining sector lifted the FTSE 100 higher ahead of the release of UK growth data.[25 Apr '13]
London pre-open: Slight decline expected in opening trade
City sources predict the FTSE 100 will open down five points from yesterday's close of 6,432 following a mixed session in the US last night.[25 Apr '13]
London close: Stocks higher on ECB rate cut hopes
Stocks managed to end to end the day slightly higher despite weak economic data from Germany, with traders guessing at whether the figures will prompt the European Central Bank (ECB) to cut interest rates. At least three large institutional players have come out in the last 24 hours with research calling for an ECB rate cut. These are UBS, RBS and Deutsche Bank.[24 Apr '13]
FTSE 250 movers: DS Smith climbs on full year expectations
Recycled packaging group DS Smith rose after it confirmed that its full-year earnings will be towards the higher range of expectations after a 'transformational' year.[24 Apr '13]
FTSE 100 movers: Standard Life soars after beating analyst expectations
Insurance giant Standard Life was a strong riser after beating analysts' predictions in the first quarter after delivering strong sales and group assets under administration.[24 Apr '13]
London midday: Stocks flat as ECB rate cut speculation ramps up
Stocks had trimmed gains and were trading broadly flat by Wednesday lunchtime as markets gave a mixed reaction to weak economic data from Germany with traders guessing at whether the figures will prompt the European Central Bank (ECB) to cut interest rates.[24 Apr '13]
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