Roundtable Discussion; The Future of Mineral Sands. Watch the video 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: 2,693.50
Bid: 2,680.50
Ask: 2,684.00
Change: 32.00 (1.20%)
Spread: 3.50 (0.131%)
Open: 2,750.00
High: 2,776.50
Low: 2,646.50
Prev. Close: 2,661.50
AAL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 2-FTSE 100 posts best week in over a month as economy strengthens

Fri, 11th Jun 2021 09:02

(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)

* UK economy posts record annual jump in April, up 27.6%

* Sanne climbs on agreeing to takeover talks by Cinven

* Robert Walters rises on upbeat annual profit outlook

* FTSE 100 up 0.7%, FTSE 250 adds 0.6%
(Updates to close)

By Devik Jain and Amal S

June 11 (Reuters) - London's FTSE 100 index ended higher on
Friday, helped by gains in mining and financial stocks, while a
record annual jump in domestic economic output in April
strengthened views of a stronger recovery from last year's
pandemic-driven disruption.

The blue-chip index rose 0.7%, with precious metal
miners and base metal miners
jumping 0.7% and 1.8%, respectively, while insurance stocks
rose 1.3%.

The index was up 0.95% for the week, its biggest percentage
gain since the week ending May 7.

Miners including Rio Tinto, Anglo American,
Glencore and BHP rose between 0.1% and 2.88%.

"The metal price is back above $1,900 per ounce and if it
can maintain its recent momentum, traders may start to eye last
year's record highs," said Russ Mould, director at AJ Bell.

The domestically focused mid-cap FTSE 250 index
advanced 0.6%.

Official data showed Britain's recovery from the COVID-19
pandemic sped up in April as lockdown measures eased, and output
was a record 27.6% higher than a year earlier when the virus was
rampant.

"Its all very positive and markets are looking to continue
to build on it. We were expecting the central banks to make a
move against the inflation, but they doesn't seem to have done
that yet and with lower rates, easing of restrictions and more
good news coming, sentiments are up at the moment," said Michael
Baker, an analyst at ETX Capital.

British indexes have gained more than 10% so far this year
as businesses reopened and speedy vaccine rollouts boosted
sentiment about economic recovery.

However, they have traded in a tight range since mid-April
on fears of rising inflation and concerns that a recent
resurgence in domestic COVID-19 cases might delay a complete
economic reopening.

Among other stocks, Sanne Group jumped 8.8% as it
decided to enter into talks with Cinven after the private equity
firm made a sweetened offer of 1.42 billion pounds ($2.01
billion) to buy the asset management services provider.

Robert Walters added 1.7% after it forecast upbeat
annual pre-tax profit.
(Reporting by Devik Jain and Amal S in Bengaluru; editing by
Uttaresh.V and Jonathan Oatis)

More News
3 May 2024 17:53

UK's FTSE 100 hits record high as favourable data boosts sentiment

Anglo American jumps after report of Glencore interest

*

Read more
3 May 2024 16:52

London close: Stocks rise as US payrolls come in weaker

(Sharecast News) - London markets closed positively on Friday, as investors digested slower-than-expected payrolls growth in the US, while Anglo American jumped amid anticipation of a potential bidding war for the mining giant.

Read more
3 May 2024 14:09

Anglo CEO meets S.Africa mines minister after BHP's takeover proposal

JOHANNESBURG, May 3 (Reuters) - Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time since the miner rejected BHP Group's $39 billion takeover bid, a source familiar with the matter told Reuters.

Read more
3 May 2024 12:19

LONDON MARKET MIDDAY: Stocks up as market readies for US jobs report

(Alliance News) - Stock prices in London were in the green at midday on Friday, as investors remained optimistic ahead of an incoming US jobs report, which may allay some fear around interest rate expectations.

Read more
3 May 2024 09:23

PRESS: Glencore mulls rival bid for Anglo American - Reuters

(Alliance News) - Shares in Anglo American PLC rose on Friday after Reuters reported Glencore PLC could launch a rival bid for the mining company.

Read more
3 May 2024 07:49

Glencore said to be studying approach for Anglo American

(Sharecast News) - Glencore is reportedly studying an approach for Anglo American, a development that could spark a bidding war.

Read more
2 May 2024 19:33

Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets

TORONTO, May 2 (Reuters) - The CEO of Canadian miner Hudbay Minerals said BHP Group's $39 billion offer for Anglo American has increased the valuation of copper assets and could underscore companies' willingness to pay a premium to buy existing copper mines.

Read more
2 May 2024 12:39

BHP deploys team to SA to woo officials over Anglo deal - report

(Sharecast News) - BHP has reportedly deployed a team of senior executives to South Africa as it ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American.

Read more
1 May 2024 15:10

Barrick Gold is not interested in bidding for Anglo American, CEO says

TORONTO, May 1 (Reuters) - Barrick Gold is not interested in bidding for Anglo American, which last week received a $39 billion takeover offer from BHP, and is building its own copper portfolio, the Canadian miner's CEO Mark Bristow said on Wednesday.

Read more
30 Apr 2024 16:00

TOP NEWS: Anglo American shares recover on improvement, copper appeal

(Alliance News) - Anglo American PLC reported on Tuesday investors had taken notice of measures the diversified mining group had taken to improve its performance.

Read more
30 Apr 2024 14:11

Copper smelters in leading buyer China wary of BHP-Anglo American tie-up

April 30 (Reuters) - Chinese smelters, the world's biggest buyers of mined copper, are concerned they will lose power to negotiate prices if BHP Group, known locally as "the big miner", succeeds in its bid for rival Anglo American .

Read more
30 Apr 2024 13:13

Anglo to meet top shareholders on BHP bid as takeover rules restrain AGM

LONDON, April 29 (Reuters) - Anglo American's chair will meet its top 30 shareholders to hear views on BHP's $39 billion bid for the miner, he told an annual general meeting on Tuesday, where he was restricted from discussing the spurned offer by takeover regulations.

Read more
30 Apr 2024 09:46

LONDON BROKER RATINGS: Deutsche says buy Barr, Britvic and Fevertree

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

Read more
30 Apr 2024 08:39

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

Anglo investors fret over holding shares in South African assets

*

Read more
29 Apr 2024 17:39

FTSE 100 extends record streak on company news

Anglo American up after report BHP considering better offer

*

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.