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26 May 2009 16:29

London close: US sparks Footsie recovery

Footsie finished higher Tuesday after a strong performance by US shares, lifted by consumer confidence figures, hauled London's leading share index out of the red. The mining sector summed up the volatility seen on the markets today. Rio Tinto climbed after it said it had agreed a 33% cut in contra

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26 May 2009 14:42

London afternoon: Defensive stocks back in favour

Hopes that Wall Street might provide a fillip to UK shares have been dashed as US markets open in a similarly dull fashion to London. Mining stocks and financials are the worst performers while defensive sectors such as tobaccos and supermarkets have returned to favour. Mining giant Rio Tinto is lo

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26 May 2009 12:07

London midday: Equities drift lower

It was a dull morning session for London's leading shares, with the market following Asian markets lower after the news broke concerning North Korea's nuclear bomb test. Mining stocks and financials are the worst performers. Mining giant Rio Tinto is lower after it agreed a 33% cut in contract fin

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26 May 2009 08:41

London open: Slow start to short week

London has made a slow start to the week after the long weekend in both the UK and the US and with little blue chip news out today so far. Miners are the best performers again. Mining giant Rio Tinto is lower has agreed a 33% cut in contract fine iron ore prices with Japan's Nippon Steel Corp for t

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26 May 2009 07:40

London pre-open: Dull start to short week in prospect

London looks set to make a slow start to the week after the long week-end in both the UK and the USA. Traders expect the FTSE 100 will start around 28 points lower, echoing the weaker trend seen in Japan. Half-year losses have doubled at short break specialist Holidaybreak, but are in line with th

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26 May 2009 07:02

Albemarle & Bond "significantly" better than expected

Hard times are driving people towards pawnbroker Albemarle & Bond with results for the year to June now predicted to be "significantly ahead of market expectations". The core pawwnbroker business has been boosted by the higher price of gold, which has enhanced the yield on unredeemed loans, A&B sa

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