KAZ.L Share News (KAZ)

BROKER RATINGS SUMMARY: Citi Raises BHP, Anglo, Rio Tinto And South32

London close: Tesco paces gains as sales accelerate

(ShareCast News) - Stocks in London finished higher as the pound slid back against the dollar after data showed consumer prices unexpectedly dropped in October. The FTSE 100 was up 0.59% to 6,792.74, while the pound was down 0.8% against the greenback at 1.2402 after data from the Office for Nationa

Sector movers: Grocers gain on survey data, miners fall amid profit-taking

(ShareCast News) - Food and drug retailers paced gains on the market, with Tesco leading the way a day before its Capital Markets Day. Sales at the grocer continued to accelerate, rising by 2.2% over the 12 weeks to 6 November, their best showing in three years, according to Kantar Worldpanel. "Muc

FTSE 250 movers: Oil services stocks bounce, Kaz knocked off high

(ShareCast News) - The FTSE 250 index was on the up again on Tuesday, rising almost 0.5% to over 17,550 by mid-afternoon as oil-related stocks inflated on hopes of more oil price gains. Oil service companies Petrofac and Wood Group were among the top risers, with engineer Amec Foster Wheeler a

Macquarie raises copper price forecasts, boosts target prices for miners

(ShareCast News) - Analysts at Macquarie hiked their target prices for a raft of miners due to the "acute" sensitivity of the pure copper plays and the majors to the price of that metal. In a previous note, published on 11 November, the Australian broker had upped its 2017 to 2020 price forecasts fo

BUZZ-Antofagasta: best day in 8 yrs on copper jump

** Antofagasta leaps 20%, poised for its biggest one-day rise since Nov 2008, after copper surges more than 5% to a 16-month high on Thursday ** Copper spikes on speculation US infrastructure spend could jump under a Republican administration (sparks wave of interest in industrial metals);

Sector movers: Steel and mining stocks rise as futures surge

(ShareCast News) - Steel and mining stocks paced gains as key commodity futures surged at the start of the week. On 4 November, the local government of China's largest steel city, Tangshan, issued an urgent notice ordering all coking and sintering plants, together with blast furnaces, to halt produc

BROKER RATINGS SUMMARY: JPMorgan Raises Price Targets For Miners

Broker tips: Kaz Minerals, CRH, EasyJet, Ryanair

(ShareCast News) - Peel Hunt downgraded Kaz Minerals to 'hold' from 'add' after its third-quarter production report but upped the price target to 275p from 200p as it took a look at the copper sector. It noted the shares are up 30% in the last month and 180% in the year to date. "While Kaz Minerals

Peel Hunt downgrades Kaz Minerals to 'hold'

(ShareCast News) - Peel Hunt downgraded Kaz Minerals to 'hold' from 'add' after its third-quarter production report but upped the price target to 275p from 200p as it took a look at the copper sector. It noted the shares are up 30% in the last month and 180% in the year to date. "While Kaz Minerals

KAZ Minerals Gets Approval For Finance Facility Covenant Waiver

KAZ Minerals posts rise in Q3 copper production

(ShareCast News) - Kaz Minerals reported a rise in copper cathode equivalent output for the third quarter thanks to stronger production in the East Region, Bozymchak and Aktogay. The company produced copper cathode equivalent of 44,500 tonnes, up from 33,100 tonnes in the second quarter and 21,700

UBS upgrades Antofagasta after sharp share price falls

(ShareCast News) - UBS upgraded Antofagasta, a Chilean copper mining company, from 'sell' to 'neutral' even after the company released a weaker than expected production target for fiscal year 2017, albeit at the same time lowering the price target from 520p to 500p. "After the release of weaker than

UPDATE 1-Kaz Minerals' 9-month copper output jumps 66 pct on expanded mines

(Adds detail, shares) LONDON, Oct 27 (Reuters) - Kaz Minerals reported a 66 percent jump in production between January and September on Thursday as two of its main mines raised output, sending shares in the Kazakhstan copper firm to a two-year high. Kaz produced 97,100 tonnes of coppe

Kaz Minerals' copper output jumps 66 pct in first nine months of year

LONDON, Oct 27 (Reuters) - Kazakhstan copper firm Kaz Minerals reported a 66 percent jump in production in January-September as two of its main mines expanded output. Kaz produced 97,100 tonnes of copper cathode in the nine-month period, compared with 58,400 tonnes in the same period a year