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FTSE 100 movers: ARM falls over Apple Christmas sales speculation

Fri, 18th Dec 2015 14:14

(ShareCast News) - With the US Federal Reserve's hike honeymoon period coming to an end and new easing measures announced in Japan, London markets were similarly affected with the FTSE 100 down 36.19 points (0.59%) to 6,066.35.ARM Holdings was the biggest faller after a perception amongst traders that Apple's Christmas sales are not going as well as the company had hoped. It's the same reason why some of ARM's competitors have been hit over the last few weeks, and the FTSE 100 company could be playing catch up."A recent announcement from one of Apple's suppliers in the US has raised concerns that the latest quarter could well be hit by declining phone sales for Apple as we head towards Christmas," said CMC Markets' Michael Hewson.It's likely that a number of the other big fallers of the day were hit by a bit of pre-Christmas profit taking, including Barratt Developments and BT Group which had no material news in the week to cause a dip in the share price.On the other side of the ledger miners were the big risers, led by Anglo American rebounding from recent all-time lows. Metal prices were all up halfway through the London Metal Exchange session, with a 2.2% rise in the price of copper and a 3% rise in the price of lead. However with commodities likely to still be under pressure prices could easily change.RSA Insurance Group continued to rise on news from Thursday it had struck a exclusive five-year partnership deal with Nationwide to underwrite all of its home insurance products.The insurer said the deal will cement its position as the market leader in home insurance and specifically in partnering with members of building society, banking and retail sectors. Stephen Lewis, chief executive of UK and Western Europe at RSA, said: "This deal reaffirms our status as both a market leader and a preferred partner of some of the best known brands in the UK.And despite sinking oil prices, Royal Dutch Shell shares looked like they would end the week in the green. Earlier in the day, Brent crude was down 0.54% to $36.86 - the lowest level since December 2008 - and WTI Crude dropped below $35 a barrel again, down 1.32% to $34.49.FTSE 100 - RisersAnglo American (AAL) 279.35p 5.39%RSA Insurance Group (RSA) 431.80p 1.70%Worldpay Group (WI) (WPG) 297.75p 1.61%Royal Dutch Shell 'B' (RDSB) 1,483.00p 1.37%Royal Dutch Shell 'A' (RDSA) 1,471.00p 1.28%BHP Billiton (BLT) 712.30p 1.27%Rio Tinto (RIO) 1,888.50p 1.26%Old Mutual (OML) 173.50p 1.16%Barclays (BARC) 221.20p 1.07%Antofagasta (ANTO) 420.50p 0.96%FTSE 100 - FallersARM Holdings (ARM) 1,014.00p -2.50%Barratt Developments (BDEV) 602.00p -2.03%Ashtead Group (AHT) 1,107.00p -1.95%BT Group (BT.A) 461.65p -1.85%Marks & Spencer Group (MKS) 450.10p -1.77%Sky (SKY) 1,083.00p -1.72%Associated British Foods (ABF) 3,346.00p -1.70%easyJet (EZJ) 1,685.00p -1.69%Next (NXT) 7,280.00p -1.69%Inmarsat (ISAT) 1,112.00p -1.59%
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30 Dec 2021 09:28

UPDATE 2-FTSE 100 edges down as COVID fears dull festive cheer

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Industrial stocks eye best performance in 23 years* Travel and leisure hit by Omicron fears* Ashtead the top YTD performer on FTSE 100* UK ...

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30 Dec 2021 05:33

UPDATE 5-Oil prices rise slightly ahead of OPEC+ meeting next week

* U.S. crude, fuel stocks fell last week; output rises -EIA* Saudi king says OPEC+ pact 'essential' for oil market stability (New throughout, updates prices, market activity and comments to settlement, adds OPEC+ meeting details and PSM details)By...

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28 Dec 2021 09:41

S.African court halts Shell's offshore seismic survey

CAPE TOWN, Dec 28 (Reuters) - A South African high court on Tuesday blocked Shell from conducting seismic testing offshore from South Africa's pristine Wild Coast, in the latest ruling in a case seeking to prevent the oil major from exploring for...

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27 Dec 2021 14:01

Mexican president says Pemex to close Deer Park deal in January

MEXICO CITY, Dec 27 (Reuters) - Mexican state oil company Petroleos Mexicanos (Pemex) will complete its purchase of a controlling interest in a Texas oil refinery in January, Mexican President Andres Manuel Lopez Obrador said on Monday.Mexico's go...

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24 Dec 2021 10:03

UPDATE 1-Russia says Europe missing out on gas with Nord Stream 2 delay

(Recasts, adds quote, background)MOSCOW, Dec 24 (Reuters) - Europe, struggling with soaring gas prices, is missing out on additional Russian supplies amid delays to the Nord Stream 2 pipeline, a top Russian official signalled on Friday.Deputy Prim...

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24 Dec 2021 08:26

Russia's Novak: Nord Stream 2 hindered by politics

MOSCOW, Dec 24 (Reuters) - The launch of the Nord Stream 2 natural gas pipeline is being hindered by politics, but Russia still hopes its certification will be completed by mid-2022, Russian Deputy Prime Minister Alexander Novak said on Friday.The...

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24 Dec 2021 08:19

Russia says Nord Stream 2 a bargaining chip for U.S., EU, Interfax reports

MOSCOW, Dec 24 (Reuters) - The Nord Stream 2 gas pipeline project linking Russia with Europe has become a bargaining chip in a game played by the United States and the European Union, Russian Deputy Foreign Minister Sergei Ryabkov said on Friday, ...

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23 Dec 2021 14:14

Third Point's Loeb slams activists after UK fund chairman quits

LONDON, Dec 23 (Reuters) - Hedge fund Third Point's boss Dan Loeb on Thursday blamed the departure of the chairman of the firm's London-listed fund on "inexperienced" and "juvenile antics" of activist investors.Third Point Investors Limited (TPIL)...

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22 Dec 2021 20:56

Shell declares force majeure on Nigerian Forcados crude

LAGOS, Dec 22 (Reuters) - Royal Dutch Shell's Nigerian subsidiary SPDC has declared force majeure on exports of Nigerian Forcados crude oil after the obstruction of a tanker path by a malfunctioning barge, the company said in a statement.The actio...

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22 Dec 2021 13:49

UPDATE 3-Mexico says U.S. approves Deer Park refinery deal, sees completion early 2022

(Adds details)MEXICO CITY, Dec 22 (Reuters) - The U.S. government has authorized the purchase by Petroleos Mexicanos (Pemex) of Royal Dutch Shell's controlling interest in a Texas oil refinery in a transaction that should conclude early next year,...

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22 Dec 2021 13:49

UPDATE 2-Mexico says U.S. government approves Deer Park refinery deal

(Adds context, comment from Pemex CEO)MEXICO CITY, Dec 22 (Reuters) - The U.S. government has authorized the purchase by Petroleos Mexicanos (Pemex) of Royal Dutch Shell's controlling interest in a Texas oil refinery, Mexican President Andres Manu...

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22 Dec 2021 13:49

UPDATE 1-Mexico says U.S. government approves Deer Park refinery deal

(Adds details)MEXICO CITY, Dec 22 (Reuters) - The U.S. government has authorized the purchase by Petroleos Mexicanos (Pemex) of Royal Dutch Shell's controlling interest in a Texas oil refinery, Mexican President Andres Manuel Lopez Obrador said on...

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22 Dec 2021 13:15

Mexico says U.S. government approves Deer Park refinery deal

MEXICO CITY, Dec 22 (Reuters) - The U.S. government has authorized the purchase by Petroleos Mexicanos (Pemex) of Royal Dutch Shell's controlling interest in a Texas oil refinery, Mexican President Andres Manuel Lopez Obrador said on Wednesday.Lo...

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21 Dec 2021 19:06

UPDATE 1-Texas lawsuit by laundromat owners seeks to block Shell refinery sale to Pemex

(Adds U.S. Treasury, CFIUS decline to comment)By Stefanie Eschenbacher and Gary McWilliamsMEXICO CITY/HOUSTON, Dec 21 (Reuters) - A pair of New York businessmen filed a lawsuit in a U.S. court seeking to block Mexico's state oil company Petroleos M...

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21 Dec 2021 18:32

Texas lawsuit by laundromat owners seeks to block Shell refinery sale to Pemex

By Stefanie EschenbacherMEXICO CITY/HOUSTON, Dec 21 (Reuters) - A pair of New York businessmen filed a lawsuit in a U.S. court seeking to block Mexico's state oil company Petroleos Mexicanos (Pemex) from taking control of a Texas refinery, claimin...

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