Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGOG.L Share News (GOG)

  • There is currently no data for GOG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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%
More News
29 Oct 2021 16:09

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
15 Oct 2021 17:09

LONDON MARKET CLOSE: Travel and oil stocks send FTSE 100 higher

LONDON MARKET CLOSE: Travel and oil stocks send FTSE 100 higher

Read more
15 Oct 2021 11:07

SMALL-CAP WINNERS & LOSERS: Artemis Alpha rises on buyback plans

SMALL-CAP WINNERS & LOSERS: Artemis Alpha rises on buyback plans

Read more
15 Oct 2021 09:32

LONDON BROKER RATINGS: Berenberg upgrades BP and Harbour Energy

LONDON BROKER RATINGS: Berenberg upgrades BP and Harbour Energy

Read more
29 Sep 2021 11:01

SMALL-CAP WINNERS & LOSERS: Amigo surges on encouraging trading

SMALL-CAP WINNERS & LOSERS: Amigo surges on encouraging trading

Read more
28 Sep 2021 17:05

LONDON MARKET CLOSE: Inflation jitters hit stocks as oil tops USD80

LONDON MARKET CLOSE: Inflation jitters hit stocks as oil tops USD80

Read more
28 Sep 2021 12:12

LONDON MARKET MIDDAY: Stocks slide as markets brace for US tapering

LONDON MARKET MIDDAY: Stocks slide as markets brace for US tapering

Read more
28 Sep 2021 11:01

SMALL-CAP WINNERS & LOSERS: Go-Ahead skids on UK rail franchise loss

SMALL-CAP WINNERS & LOSERS: Go-Ahead skids on UK rail franchise loss

Read more
28 Sep 2021 09:20

TOP NEWS: Go-Ahead loses Southeastern franchise for "serious breach"

TOP NEWS: Go-Ahead loses Southeastern franchise for "serious breach"

Read more
28 Sep 2021 08:18

LONDON BRIEFING: Petershill Partners raises GBP1 billion in London IPO

LONDON BRIEFING: Petershill Partners raises GBP1 billion in London IPO

Read more
28 Sep 2021 08:09

Go-Ahead loses Southeastern franchise as CFO quits

(Sharecast News) - Go-Ahead has lost the Southeastern rail franchise, repaid the government £25m owed under the contract and parted company with its finance chief.

Read more
28 Sep 2021 08:09

Go-Ahead loses Southeastern franchise as CFO quits

(Sharecast News) - Go-Ahead has lost the Southeastern rail franchise, repaid the government £25m owed under the contract and parted company with its finance chief.

Read more
28 Sep 2021 07:30

UPDATE 1-UK seizes control of Go-Ahead's Southeastern rail franchise

(Adds UK statement)LONDON, Sept 28 (Reuters) - Britain said on Tuesday it would seize control of Go-Ahead Group's Southeastern rail franchise after the transport company admitted errors had been made which required a $34 million repayment to the g...

Read more
28 Sep 2021 07:12

UK to take control of Go-Ahead's Southeastern rail franchise

LONDON, Sept 28 (Reuters) - Go-Ahead Group said on Tuesday the government had decided to take control of its Southeastern rail franchise after the British transport group admitted it had made errors and repaid 25 million pounds ($34 million) over...

Read more
27 Sep 2021 10:33

SMALL-CAP WINNERS & LOSERS: Petrofac rally continues after guilty plea

SMALL-CAP WINNERS & LOSERS: Petrofac rally continues after guilty plea

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.