Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAnglo American Share News (AAL)

Share Price Information for Anglo American (AAL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,510.00
Bid: 2,504.50
Ask: 2,505.50
Change: 30.00 (1.21%)
Spread: 1.00 (0.04%)
Open: 2,400.00
High: 2,510.00
Low: 2,392.00
Prev. Close: 2,480.00
AAL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

South African rand slips as Q1 unemployment rate climbs

Tue, 14th May 2024 14:54

JOHANNESBURG, May 14 (Reuters) - South Africa's rand weakened on Tuesday after local data showed the country's unemployment rate rose in the first quarter and local mining output fell in March.

At 1338 GMT, the rand traded at 18.4175 against the dollar , about 0.3% weaker than its previous close.

The dollar last traded about 0.13% stronger against a basket of global currencies.

South Africa's unemployment rate rose for the second quarter in a row to 32.9% in the first three months of this year, bringing it closer to the record high of 35.3% reached in late 2021 during the COVID-19 pandemic.

"The outlook for the job market remains poor. Employment in the services industries will likely stagnate as restrictive monetary policy continues to weigh on domestic demand, hurting confidence," Nedbank analysts said in a research note.

Meanwhile, total mining output fell 5.8% year on year in March, statistics agency data showed.

Global markets await the latest U.S. inflation print on Wednesday.

On the stock market, both the Top-40 and the broader all-share indexes were trading around 0.3% higher.

Anglo American Platinum's Johannesburg-listed shares fell as much as 10% and were last down 7.1%, after parent Anglo American said in a strategic review that it was exploring a demerger of its troubled platinum unit.

South Africa's benchmark 2030 government bond was weaker, with the yield up 4 basis points to 10.505%. (Reporting by Bhargav Acharya, Editing by Tannur Anders, Ed Osmond, Alexandra Hudson)

More News
Today 18:20

Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says

LONDON, May 30 (Reuters) - Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, Chief Executive Duncan Wanblad said on Thursday.

Read more
Today 15:35

South African inflation risks ease but no rate cut yet

South Africa's central bank keeps repo rate unchanged

*

Read more
Today 15:15

How a rattled South Africa became Anglo's best defence against BHP bid

BHP deal fell apart as Anglo rallied around structure

*

Read more
Today 14:19

UK politicians urge Anglo to rethink fertiliser project halt

LONDON, May 30 (Reuters) - UK politicians are calling on Anglo American to rethink halting its work at the Woodsmith fertiliser project in northern England, part of an asset overhaul Anglo announced after rejecting takeover proposals from global miner BHP Group.

Read more
Today 14:04

How a rattled South Africa became Anglo's best defence against BHP bid

BHP deal fell apart as Anglo rallied around structure

*

Read more
Today 11:36

UK politicians urge Anglo to rethink fertiliser project halt

LONDON, May 29 (Reuters) - UK politicians are calling on Anglo American to rethink halting its work at the Woodsmith fertiliser project in northern England, part of an asset overhaul Anglo announced after rejecting takeover proposals from global miner BHP Group.

Read more
Today 09:23

LONDON BROKER RATINGS: Jefferies and UBS cut Anglo American

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

Read more
Today 09:22

Jefferies downgrades Anglo American to 'hold'

(Sharecast News) - Jefferies downgraded Anglo American to 'hold' from 'buy' on Thursday and slashed the price target to 2,700p from 3,200p after BHP abandoned its £39bn pursuit of the London-listed miner as the deal structure couldn't be resolved.

Read more
Today 07:40

LONDON BRIEFING: Dr Martens cuts payout as profit plummets

(Alliance News) - Stocks in London are called to open lower on Thursday, with investors nervous ahead of Friday's US inflation print.

Read more
29 May 2024 19:29

UPDATE: Anglo American backs "clear pathway" after BHP ends pursuit

(Alliance News) - Anglo American PLC on Wednesday said it can "unlock significant value for its shareholders", as the miner goes at it alone after successfully fending off a takeover tilt from larger peer BHP Group Ltd.

Read more
29 May 2024 17:58

BHP walks away from $49 billion pursuit of mining rival Anglo

Anglo reiterates BHP offer difficult to execute, erodes value

*

Read more
29 May 2024 17:16

European shares suffer worst day in over 6 weeks as rate jitters persist

Royal mail owner IDS surges after agreeing to $4.6 bln takeover

*

Read more
29 May 2024 17:08

London stocks fall as rate cut jitters weigh, Anglo rejects BHP

FTSE 100 down 0.9%; FTSE 250 sheds 1.3%

*

Read more
29 May 2024 16:58

LONDON MARKET CLOSE: Stocks fall as US Treasury yields widen

(Alliance News) - Stock prices in Europe declined on Wednesday with markets nervy ahead of US data later this week, and as investors digest hawkish words from a US central banker.

Read more
29 May 2024 16:41

UPDATE: BHP says will not make firm offer for Anglo American

(Alliance News) - BHP Group Ltd on Wednesday afternoon confirmed it does not intend to make a firm offer for Anglo American PLC, hours after the latter rejected its request for an extension to a bid deadline.

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.