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Sector movers: Miners boosted by weaker dollar, strike threat

Tue, 31st Jan 2017 16:30

(ShareCast News) - Shares of Industrial Metals and Mining firms led gains on Tuesday as a weaker dollar, supportive news-flow for crude oil and copper futures and low trading volumes in the latter lifted commodity prices.As of 1800 GMT, the US dollar spot index was fading 0.73% to 99.697 after US trade chief Peter Navarro told the FT the European single currency was "grossly undervalued", sending the Bloomberg commodity index up by 0.86% to 87.7742.Navarro's remarks rattled dollar traders which had yet to regain their balance in the wake of the previous weekend's confusion at American airports following the immigration curbs put in place by the new US administration.Copper futures also got a leg up, rising 2.66% to $2.7255 a pound, aided by low trading volumes around the Chinese Lunar New Year and speculation of an impending strike at Antofagasta's Escondida mine in Chile, according to one trader.Against the above backdrop, stock in KAZ Minerals led gains in the Mining sector, followed by shares in the likes of precious metals miners Acacia and Hochschild.Top performing sectors so far todayIndustrial Metals & Mining 2,320.55 +2.15%Mining 16,756.73 +1.22%Financial Services 9,578.21 +0.98%Software & Computer Services 1,836.34 +0.91%Real Estate Investment & Services 2,442.36 +0.66%Bottom performing sectors so far todayConstruction & Materials 6,687.77 -0.95%Food & Drug Retailers 3,049.19 -0.83%Life Insurance 7,625.22 -0.83%Mobile Telecommunications 4,351.29 -0.80%Banks 4,271.88 -0.57%
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17 Sep 2019 14:18

Acacia Shares To Be Cancelled After Barrick Sealed Takeover Approval

(Alliance News) - Acacia Mining PLC on Tuesday said its shares will be cancelled from trading this week ahead of Barrick Gold Corp's takeover of the company.Last Friday, the UK High the

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13 Sep 2019 15:18

UK High Court Approves Barrick Gold's Acacia Mining Acquisition

(Alliance News) - Acacia Mining PLC on Friday said its acquisition by Barrick Gold Corp has been sanctioned, leading to trading in Acacia shares to likely be cancelled on Wednesday next offer was

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13 Sep 2019 14:43

FTSE 250 movers: CYBG climbs, gold miners lose their shine

(Sharecast News) - London's FTSE 250 was up by 0.75% at 20,112.33 in afternoon trading on Friday, with CYBG leading the index higher.

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13 Sep 2019 10:24

WINNERS & LOSERS SUMMARY: SSE Rises After Selling Retail Business

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Pearson, up to

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9 Sep 2019 14:08

FTSE 250: Gold miners dulled, Intu surges

(Sharecast News) - London's FTSE 250 was fell by 0.18% to 19,669.56 in afternoon trading on Monday, with precious metals miners leading the way lower.

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4 Sep 2019 13:54

FTSE 250 movers: Metro Bank chugs higher, Kainos falls

(Sharecast News) - London's FTSE 250 was down 0.82% at 19,624.51 in afternoon trading on Wednesday, with Metro Bank leading the index higher.

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3 Sep 2019 14:41

FTSE 250 movers: Restaurant Group slips, AG Barr fizzes higher

(Sharecast News) - London's FTSE 250 was down 0.39% at 19,405.27 in afternoon trading on Tuesday, with Restaurant Group leading the index lower.

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30 Aug 2019 14:32

FTSE 250 movers: Amigo ascends, Gold miners dip

(Sharecast News) - London's FTSE 250 was up 0.69% at 19,425.11 in afternoon trading on Friday, with Amigo Holdings leading the index higher.

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27 Aug 2019 15:55

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday 28 AugustTheWorks.co.ukBBA Aviaition (re Ontic sale)Collagen 29 Oil & 30 2 3 Mining (re

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16 Aug 2019 12:18

LONDON MARKET MIDDAY: Stocks Edge Up Amid US-China Trade Conflict Calm

(Alliance News) - UK stocks were trading mostly higher on Friday at midday, as US-China trade tensions were briefly forgotten and trading on the London Stock Exchange got a late start due to a The

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16 Aug 2019 10:57

WINNERS & LOSERS SUMMARY: RBS Makes Partial Comeback After Steep Fall

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

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16 Aug 2019 07:59

TOP NEWS: Acacia Gets Tanzania Export Permits, Production Still Halted

(Alliance News) - Acacia Mining PLC said on Friday that gold production at the North Mara mine cannot resume until the Tanzanian environment council reverses a prohibition notice.Acacia to

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16 Aug 2019 07:41

LONDON MARKET PRE-OPEN: Ultra Electronics Gets Big US Navy Deal

(Alliance News) - Stock prices are set to open higher in London on Friday following the previous day's sharp losses as the "mood lightens" after no new trade blows were exchanged the

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16 Aug 2019 07:29

Acacia Mining to resume North Mara exports; Processing ban remains

(Sharecast News) - Acacia Mining said it had resumed gold exports from its North Mara mine after receiving permits from the Tanzanian government, but warned a processing was still in place.

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12 Aug 2019 16:59

LONDON MARKET CLOSE: Hong Kong And Brexit Tensions Weigh On Stocks

(Alliance News) - Stocks in London opened the week in the red as violent clashes between protestors and police in Hong Kong and further Brexit stumbling blocks caused investors to turn away from a

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