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London open: Miners drag Footsie lower

Thu, 01st Sep 2011 08:30

The FTSE 100 began September trading on a dull note, falling lower in the opening minutes on Thursday, with the mining sector largely to blame. The mining sector dropped as copper, gold and silver prices declined. Fresnillo, Lonmin and Randgold Resources were among the worst performers.Sector peer Xstrata fell lower after its copper division - along with Goldcorp and Yamana Gold - worked out a deal that will enable their joint venture, Minera Alumbrera, the exclusive option to acquire Yamana's 100% interest in the Agua Rica project.Meanwhile, the financials were performing well early on, with banking giants RBS, Lloyds and Barclays taking the top three spots on the risers list.On the FTSE 250, Charter International was in demand after engineering firm Melrose upped the price it is willing pay for its rival by 18p per share. Charter is valued at £1.43bn at this price. Melrose saw shares fall.Assets under administration at Hargreaves Lansdown climbed 41% in the year ended 30 June, as the wealth management firm hiked its dividend by nearly 60%. Shares were 3.5% higher.Cruise operating giant Carnival was out of favour after announcing that it is to enter into a closed period share repurchase programme, the firm announced on Thursday.Power systems titan Rolls-Royce was out of favour after buying US civil nuclear reactor services firm R Brooks Associates for an undisclosed sum, in an effort to grow its civil nuclear business.Frankie & Benny's restaurant chain operator, The Restaurant Group, served up an 8% increase in pre-tax profit and said it is confident of another year of good progress in 2011. Nevertheless, shares edged 1% lower.International recruitment firm Hays jumped after reporting strong growth in profits last year, driven by its overseas interests. Net fees in the year to 30 June rose 21%, or 18% on a like-for-like (LFL) basis, to £672.1m from £557.7m the year before. Train and bus services group Go-Ahead fell after reporting a fall in revenue from its buses around London. Nevertheless, group sales rose 6% as strength in rail and its deregulated bus division (outside London) offset this weakness.BCFTSE 100 - RisersRoyal Bank of Scotland Group (RBS) 26.02p +7.21%Lloyds Banking Group (LLOY) 35.80p +6.56%Barclays (BARC) 181.20p +6.12%Hargreaves Lansdown (HL.) 447.00p +3.47%3i Group (III) 213.60p +0.52%Smiths Group (SMIN) 1,001.00p +0.45%HSBC Holdings (HSBA) 538.90p +0.43%Prudential (PRU) 622.50p +0.32%Standard Chartered (STAN) 1,404.50p +0.32%Vodafone Group (VOD) 161.50p +0.31%FTSE 100 - FallersFresnillo (FRES) 2,065.00p -1.67%ITV (ITV) 60.30p -1.55%Serco Group (SRP) 506.00p -1.36%IMI (IMI) 881.50p -1.29%Lonmin (LMI) 1,297.00p -1.22%BAE Systems (BA.) 272.00p -1.20%Randgold Resources Ltd. (RRS) 6,410.00p -1.16%Eurasian Natural Resources Corp. (ENRC) 674.50p -1.10%Weir Group (WEIR) 1,907.00p -1.09%Aggreko (AGK) 1,919.00p -1.03%
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Go-Ahead to restart dividends

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25 Mar 2022 11:14

Go-Ahead's Govia wins contract with National Rail to extend operations

(Alliance News) - Go-Ahead Group PLC on Friday said its subsidiary Govia Thameslink Railway has won a three-year contract extension from National Rail, which oversees train services in Britain.

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25 Mar 2022 10:57

SMALL-CAP WINNERS & LOSERS: Go-Ahead up on Govia deal; Wickes sales up

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25 Mar 2022 08:05

Go-Ahead's GTR awarded National Rail contract to 2025

(Sharecast News) - Go-Ahead Group announced on Friday that the Department for Transport (DfT) has awarded a National Rail contract to its Govia Thameslink Railway (GTR) joint venture, to continue operating the Thameslink, Southern and Great Northern rail services in the south of England.

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25 Mar 2022 07:54

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21 Mar 2022 15:46

UK shareholder meetings calendar - next 7 days

Tuesday 22 March 
Crest Nicholson Holdings PLCAGM
Hochschild Mining PLCEGM re Amarillo Gold acquisition
Hydro Hotel Eastbourne PLCAGM
Starvest PLCAGM
Sureserve Group plcAGM
Wynnstay Group PLCAGM
Wednesday 23 March 
CML Microsystems PLCGM re employee share plans
Quartix Technologies PLCAGM
Strategic Equity Capital PLCGM re tender offer
Thursday 24 March 
BlackRock Throgmorton Trust PLCAGM
Independent Investment Trust PLCAGM
N4 Pharma PLCAGM
React Group PLCAGM
Friday 25 March 
Beazley PLCAGM
Coro Energy PLCGM re proposed bond restructuring
Europa Oil & Gas Holdings PLCGM re fundraise
Kitwave Group PLCAGM
Triad Group PLCGM re revised remuneration policy
Monday 28 March 
Congyar Investment Co PLCGM re share premium account cancellation
Go-Ahead Group PLCGM re accounts, remuneration, auditor
Jupiter Emerging & Frontier Income Trust PLCAGM
  
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Go-Ahead gets penalty for train contract that is lower than budgeted

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Go-Ahead handed smaller fine than expected for Southeastern bungle

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