Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAntofag.5%pr Share News (70GD)

Share Price Information for Antofag.5%pr (70GD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 70.50
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 70.50
70GD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

LONDON MARKET OPEN: Ted Baker Continues To Wobble After Founder's Exit

Tue, 11th Jun 2019 08:50

LONDON (Alliance News) - Stock prices in London opened higher on Tuesday as US-China trade war concerns eased and chances of a US rate cut rose, while mid-cap retailer Ted Baker fell sharply after issuing a profit warning. The FTSE 100 was up 35.80 points, or 0.5%, at 7,411.34. The FTSE 250 was up 37.91 points, or 0.2%, at 19,347.51. The AIM All-Share was up 0.78 points, or 0.1%, at 944.16.The Cboe UK 100 index was up 0.3% at 12,548.90. The Cboe UK 250 was up 0.1% at 17,333.55, and the Cboe UK Small Companies was flat at 11,791.25."Equities are continuing their remarkable relief rally as investors put trade war concerns to one side and double down on bets the Federal Reserve will ride to the rescue," noted Markets.com analyst Neil Wilson. In European equities, the CAC 40 in Paris and the DAX 30 in Frankfurt were up 0.3% and 1.0% respectively. Financial markets in Germany reopened after being closed for a public holiday on Monday. On the London Stock Exchange, miners were among the best blue-chip performers amid a rise in copper prices. The metal was quoted up 1.5% on the day Tuesday.Antofagasta was up 2.5%, Rio Tinto up 2.5%, Glencore up 2.3%, and Anglo American up 1.8%.Halma rose 1.0% after the hazard detection and life protection systems said it expects to make "good progress" in its new financial year, following double-digit earnings growth in its recently ended one.Halma reported revenue growth of 13% in the year to the end of March to GBP1.21 billion from GBP1.08 billion a year before, in line with market expectations. On an organic constant currency basis, revenue climbed by 10%.Pretax profit rose 20% to GBP206.7 million from GBP171.9 million, slightly behind consensus forecast of GBP207.8 million. On an adjusted basis, pretax profit increased by 15% to GBP245.7 million, ahead of analysts' expectations of GBP243.1 million and within Halma's guidance range of between GBP240.1 million and GBP253.4 million.Conversely, Hargreaves Lansdown was the worst large-cap performer, down 1.0% as investors continue to punish the fund supermarket for being one of the most prominent backers of star fund manager Neil Woodford. Hargreaves shares are down 16% in the wake of Woodford's decision to suspended withdrawals from his flagship equity fund at the start of last week.In the FTSE 250 index, Saga was the best performer, up 4.3% after the over-50s holiday and insurance specialist said it has formed a long-term savings partnership with Goldman Sachs to launch new products together from autumn 2019.The partnership will see Saga team with the US investment bank's Marcus savings account product, aimed at returning Saga to its "heritage of delivering high-quality products and services to its customers", Saga said.Saga will leave the midcap index when the latest FTSE Russell index review changes come into effect on June 24. At the other end of the FTSE 250, Ted Baker was the worst performer, down 26% after the fashion retailer said it expects annual profit to decline as trading conditions have been "extremely difficult" in the year-to-date.The retailer now anticipates its underlying pretax profit for the year to the end of January 25, 2020, to be in the range of GBP50 million to GBP60 million. In financial 2019, which ended on January 26, Ted Baker reported pretax profit before exceptional items of GBP63.0 million. The stock is down 35% so far in 2019 as the company seeks to move past well-documented misconduct issues which resulted in the departure of founder Ray Kelvin earlier this year. The pound was quoted at USD1.2675 on Tuesday, flat against USD1.2680 at the London equities close Monday, ahead of UK unemployment data at 0930 BST. "Following the marked drop in the number of people employed in February and March, the headline employment figure in April might well report the first decline on a three-month basis since October 2017. This notwithstanding, the headline unemployment rate is expected to remain unchanged at 3.8%," said Daiwa Capital Markets. The Japanese Nikkei 225 index closed up 0.3%. In China, the Shanghai Composite closed up 2.6%, while the Hang Seng index in Hong Kong is up 0.8%.US President Donald Trump expects to meet Chinese President Xi Jinping at the G20 summit this month in Japan, warning that unless the sides reach a trade deal, he will raise tariffs on the final tranche of Chinese products."We are expected to meet," Trump said Monday, in an extensive interview on CNBC. "If we do, that's fine, and if we don't, that's fine." He added: "If we don't make a deal, we will be raising the tariffs."Trump also warned Mexico that tariffs will be reinstated if Mexico's legislative body does not approve an unrevealed, but "very important" part of the US-Mexico deal.The economic events calendar on Tuesday has US producer prices at 1330 BST.

More News
20 Sep 2019 12:05

LONDON MARKET MIDDAY: FTSE 100 Flat As Pound Rises On Brexit Deal Hope

(Alliance News) - Stock prices in London were flat to higher at midday on Friday, with the FTSE 100 hindered by strength in the pound, which hit its highest level since July on optimism a Brexit a

Read more
20 Sep 2019 10:24

WINNERS & LOSERS SUMMARY: Rolls-Royce Down On Further Trent 1000 Delay

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Royal Bank of

Read more
20 Sep 2019 09:23

BROKER RATINGS SUMMARY: HSBC Cuts Great Portland And Derwent London

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:----------FTSE 100----------CREDIT SUISSE RAISES BURBERRY GROUP TO

Read more
20 Sep 2019 09:22

LONDON MARKET OPEN: FTSE 100 Dragged Down By Strong Pound, Rolls-Royce

(Alliance News) - Stock prices in London were mixed on Friday morning, as a stronger pound weighed on the large-cap index, while other indexes gained on raised hopes for a Brexit deal between the

Read more
20 Sep 2019 08:10

LONDON BRIEFING: Rose Picked To Be First Woman To Lead RBS

(Alliance News) - Royal Bank of Scotland Group PLC on Friday said Alison Rose will succeed Ross McEwan as chief executive officer. McEwan will formally step down on October 31.RBS - which -

Read more
12 Sep 2019 09:38

BROKER RATINGS SUMMARY: Goldman Raises AIB and Cuts Bank Of Ireland

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:----------FTSE 100----------GOLDMAN SACHS CUTS LLOYDS BANKING TO

Read more
4 Sep 2019 09:32

BROKER RATINGS SUMMARY: Deutsche Bank Raises BHP And Cuts Antofagasta

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:----------FTSE 100----------DEUTSCHE BANK RAISES BHP

Read more
22 Aug 2019 09:33

BROKER RATINGS SUMMARY: Liberum Cuts Anglo American, Rio, BHP To Sell

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:----------FTSE 100----------LIBERUM CUTS ANGLO AMERICAN TO - 1500

Read more
22 Aug 2019 08:50

LONDON MARKET OPEN: FTSE 100 Dips Despite NMC Health Shares Soaring

(Alliance News) - London stocks opened Thursday's session on a downbeat note after a set of less dovish than expected minutes from the US Federal Reserve.The FTSE 100 was lower in early

Read more
22 Aug 2019 07:28

TOP NEWS: Antofagasta Warns On Trade War Despite Strong Interims

(Alliance News) - Chilean copper miner Antofagasta PLC on Thursday reported a "robust" first-half performance, though cautioned on the impact trade issues are having on the copper a of a

Read more
19 Aug 2019 08:44

LONDON MARKET OPEN: Stocks Surge On Hopes Of Economic Stimulus

(Alliance News) - Stock prices in London opened higher on Monday, amid hopes of economic stimulus and the prospect of renewed trade talks between the US and China. Amid fears of a global investors

Read more
15 Aug 2019 16:56

LONDON MARKET CLOSE: US-China Trade Confusion Sinks Stocks Once Again

(Alliance News) - Stock prices in London closed lower on Thursday as the US and China continued to deliver confusing blows over the prospect of a trade truce between the two largest global FTSE or

Read more
15 Aug 2019 15:59

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 16 August no events scheduled Monday 19 Advanced CommunicationsHalf

Read more
14 Aug 2019 12:03

LONDON MARKET MIDDAY: Stocks Slide After Fleeting Tariff Delay Rally

(Alliance News) - US-China trade optimism in markets gave way to doubts over the outlook for relations between the two, leading the FTSE 100 to slump nearly 70 points at midday on blue-chip index

Read more
14 Aug 2019 08:55

LONDON MARKET OPEN: US Tariff Move Fails To Lift Mood As China Weakens

(Alliance News) - Despite strong gains in the US overnight and broadly upbeat trade in Asia, London stocks got off to a soggy start on Wednesday, after poor economic readings from China and on got

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.