focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

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: 2,629.00
Bid: 2,625.00
Ask: 2,626.00
Change: 4.00 (0.15%)
Spread: 1.00 (0.038%)
Open: 2,638.00
High: 2,644.50
Low: 2,602.00
Prev. Close: 2,625.00
AAL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK stocks close higher on commodities lift

Mon, 08th Apr 2024 17:15

FTSE 100 up 0.4%, FTSE 250 adds 0.7%

*

U.S. CPI, UK GDP figures due later this week

*

UBS raises price target on Easyjet, shares up

April 8 (Reuters) - The main UK share indexes rose on Monday, supported by miners as Shanghai copper prices touched record highs, while betting group Entain rallied on speculation of a potential takeover.

The commodity-heavy FTSE 100 closed 0.4% higher following a sluggish start to the session, while the midcap FTSE 250 index added 0.7%.

Shares of mining giants Rio Tinto, Glencore and Anglo American rose in the range of 1.9% and 4.2% as copper prices climbed to new peaks, catching up with a rally in other commodities on strong manufacturing data from top metals consumer China.

"Mining stocks have generally lagged but they may be starting to move now which is definitely a trend that's worth watching," said Russ Mould, investment director at AJ Bell.

Investors looked ahead to U.S. inflation and UK GDP figures later this week for clues on the path of monetary policy.

UK equities logged weekly losses on Friday after stronger-than-expected U.S. economic data prompted investors to scale back bets of several interest rate hikes from the Federal Reserve this year.

Britain's GDP data on Friday is expected to show the economy grew 0.1% in February, on a month-on-month basis, following a 0.2% rise in January.

"Wetter weather and lower oil/energy production will, we think, keep GDP from budging very much," said Sanjay Raja, senior economist at Deutsche Bank. "Looking ahead, we think the UK economy is at a turning point following on from its short and shallow recession last year."

A Deloitte survey showed concern about economic uncertainty among large British companies has fallen to its lowest since mid-2021, but the improved mood is not yet translating into stronger investment.

Among other stocks, Entain rose 5.2% after a Sunday Times report said private equity firms including Apollo were circling the betting and gaming group.

Easyjet gained 3.3% after UBS raised its price target on the airline's stock. (Reporting by Pranav Kashyap, Khushi Singh and Sruthi Shankar in Bengaluru; Editing by Mrigank Dhaniwala, Shounak Dasgupta and Christina Fincher)

More News
9 Apr 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 treads water despite boost from miners

(Alliance News) - Equities in London lacked impetus heading into Tuesday, as investors moved with caution ahead of a US inflation print on Wednesday and the European Central Bank's interest rate decision a day later.

Read more
8 Apr 2024 17:03

LONDON MARKET CLOSE: Miners and airlines in demand as FTSE 100 climbs

(Alliance News) - Investors bought in London on Monday, as the FTSE 100 rose with gold hitting a new high before fading, airlines and miners were in demand, while Entain prospered on bid speculation.

Read more
8 Apr 2024 16:52

London close: Stocks rise at start of busy week

(Sharecast News) - London markets closed with gains on Monday as investors exercised caution ahead of key events later in the week.

Read more
5 Apr 2024 14:03

IN BRIEF: Anglo American unit issues bonds worth USD1.50 billion

Anglo American PLC - London-based mining company - Says its subsidiary, Anglo American Capital PLC, issues USD1.00 billion 5.750% senior notes due 2034 and the USD500.0 million 6.000% senior notes due 2054. Says the UK Financial Conduct Authority has approved issuance.

Read more
4 Apr 2024 18:31

TRADING UPDATES: Shanta Gold takeover approved; Experian to buy illion

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
4 Apr 2024 16:55

LONDON MARKET CLOSE: US initial jobless claims hotter than expected

(Alliance News) - Stock prices in London closed up on Thursday, as investors first digested words from US Federal Reserve Chair Jerome Powell overnight, before reacting to hotter-than-expected US initial jobless claims.

Read more
4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

Read more
4 Apr 2024 11:58

LONDON MARKET MIDDAY: Stocks up as Fed chair calms some rate nerves

(Alliance News) - Stock prices in London were in the green on Thursday afternoon, with mining stocks powering the FTSE 100 higher, as investors digested words from Federal Reserve Chair Jerome Powell.

Read more
4 Apr 2024 09:43

LONDON BROKER RATINGS: Berenberg likes 4imprint; Numis cuts CMC

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

Read more
2 Apr 2024 16:57

LONDON MARKET CLOSE: Europe down after Easter holiday weekend

(Alliance News) - The FTSE 100 took a hit on Tuesday, after a boost from London's miners and oil firms were not enough to lift the index.

Read more
2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

Read more
2 Apr 2024 11:50

LONDON MARKET MIDDAY: FTSE 100 buoyed by UK manufacturing growth

(Alliance News) - The FTSE 100 in London was up at midday on Tuesday, reacting to the UK manufacturing sector returning growth and further PMI data across the globe.

Read more
30 Mar 2024 10:00

Canada's mild winter disrupts key ice road to remote Arctic diamond mines

TORONTO, March 30 (Reuters) - An unusually warm winter in Canada this year has delayed the opening of a 400-kilometer (250-mile) ice road that is rebuilt every year as the main conduit for Rio Tinto, Burgundy Mines, and De Beers to access their diamond mines in the remote Arctic region.

Read more
28 Mar 2024 17:34

Russia confirms deal to buy part of diamond producer Alrosa's output

MOSCOW, March 28 (Reuters) -

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.