Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 100 movers: Glencore leads the way again

Mon, 05th Oct 2015 14:36

(ShareCast News) - The FTSE 100 was unaffected by England's Rugby World Cup loss despite analyst predictions last week, with it sitting at 6,282.02 mid-afternoon on Monday, rising 152.04 points (2.48%).Glencore led the risers again and crossed the 100p threshold after a disastrous week. It followed a rise of nearly 18% in the Hong Kong markets amid reports of healthy interest in its agricultural business. SingaporeĀ“s sovereign wealth fund, Japanese trading house Mitsui&Co. and a Canadian pension fund were among the parties who had expressed an interest in the unit, Bloomberg reported.Bolstering the stock further, the Sunday Telegraph reported that Glencore would listen to offers for a takeover of the entire company but its management does not believe there are any buyers willing to pay a fair value for the business in the current market.Despite analysis from Bernstein that Standard Chartered has the greatest exposure to commodity traders among European banks, shares rose substantially. The report said Standard Chartered $1.9bn of syndicated loans including over $1bn of loans and credit lines to oil trader Trafigura.However Bernstein did maintain its outperform rating for the bank and set a target price of 1,200p which will have helped push the stock.And a general rise in natural resource prices, including oil, advanced Royal Dutch Shell A and B as well as BP.RisersGlencore (GLEN) 108.10p +13.79%Standard Chartered (STAN) 696.30p +4.44%St James's Place (STJ) 895.00p +4.43%Royal Dutch Shell 'A' (RDSA) 1,676.00p +4.23%Royal Dutch Shell 'B' (RDSB) 1,686.50p +3.98%Prudential (PRU) 1,476.50p +3.87%BP (BP.) 364.95p +3.84%Aberdeen Asset Management (ADN) 317.90p +3.72%Mondi (MNDI) 1,437.00p +3.68%Antofagasta (ANTO) 527.50p +3.53%FallersNational Grid (NG.) 930.00p -0.21%
More News
20 Jan 2022 17:02

LONDON MARKET CLOSE: FTSE 100 down as BP, Shell and AB Foods weigh

LONDON MARKET CLOSE: FTSE 100 down as BP, Shell and AB Foods weigh

Read more
20 Jan 2022 12:01

LONDON MARKET MIDDAY: FTSE 100 stalls as AB Foods drags on index

LONDON MARKET MIDDAY: FTSE 100 stalls as AB Foods drags on index

Read more
20 Jan 2022 09:54

UPDATE 2-Oil stocks, GSK weakness pull FTSE 100 lower; Deliveroo jumps

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Deliveroo fourth-quarter order growth jumps* Premier Foods top midcap gainer on strong profit outlook* Unilever abandons plan to buy GSK's ...

Read more
19 Jan 2022 21:37

Shell to carry out Pernis, Netherlands oil refinery maintenance until end of June

AMSTERDAM, Jan 19 (Reuters) - Royal Dutch Shell said on Wednesday it plans to carry out major maintenance work at its Pernis oil refinery in the Netherlands in the coming five months."We will inspect a large number of installations from the insid...

Read more
19 Jan 2022 08:56

LONDON MARKET OPEN: FTSE 100 steady despite UK inflation intensifying

LONDON MARKET OPEN: FTSE 100 steady despite UK inflation intensifying

Read more
18 Jan 2022 17:05

LONDON MARKET CLOSE: Stocks fall on worries over higher interest rates

LONDON MARKET CLOSE: Stocks fall on worries over higher interest rates

Read more
18 Jan 2022 13:08

UPDATE 1-Norway awards 53 new petroleum production licences

(Adds detail, quotes)OSLO, Jan 18 (Reuters) - Norway awarded 53 new petroleum production licences on the Norwegian continental shelf in the latest licensing round for mature areas, the oil and energy ministry said on Tuesday.Stakes were offered to...

Read more
18 Jan 2022 13:00

Angry investors seek to appoint board member to Third Point UK fund

LONDON, Jan 18 (Reuters) - Activist investors in Third Point's London-listed fund want independent director Richard Boleat appointed to the board to improve corporate governance, they said in a letter to shareholders on Tuesday.Third Point Investo...

Read more
18 Jan 2022 12:51

UPDATE 2-Climate activists lose court case against UK oil regulator

(Adds reaction from government minister)By Shadia NasrallaLONDON, Jan 18 (Reuters) - A UK High Court on Tuesday threw out a case brought by climate activists against the country's oil and gas regulator OGA, rejecting their argument that the OGA's ...

Read more
18 Jan 2022 12:51

UPDATE 1-Climate activists lose court case against UK oil regulator

(Add climate activists' response)By Shadia NasrallaLONDON, Jan 18 (Reuters) - A UK High Court on Tuesday threw out a case brought by climate activists against the country's oil and gas regulator OGA, rejecting their argument that the OGA's actions...

Read more
18 Jan 2022 12:14

LONDON MARKET MIDDAY: Markets red as inflation worries return to fore

LONDON MARKET MIDDAY: Markets red as inflation worries return to fore

Read more
18 Jan 2022 09:44

LONDON BROKER RATINGS: Goldman Sachs raises BT to Conviction Buy

LONDON BROKER RATINGS: Goldman Sachs raises BT to Conviction Buy

Read more
18 Jan 2022 09:03

LONDON MARKET OPEN: FTSE 100 slips despite oil boosting BP and Shell

LONDON MARKET OPEN: FTSE 100 slips despite oil boosting BP and Shell

Read more
17 Jan 2022 10:33

UPDATE 2-Oil majors, Iberdrola among winners set to harness Scottish wind

(Updates throughout)By Nina ChestneyLONDON, Jan 17 (Reuters) - Utility Iberdrola and oil majors BP and Shell are among companies offered seabed rights to develop offshore wind projects in the first tender of its kind in over a decade, Crown Estate...

Read more
17 Jan 2022 10:33

UPDATE 3-Scottish wind sale nets nearly $1 billion with Shell, BP among winners

(Adds comment from Shell, BP, analysts)By Nina ChestneyLONDON, Jan 17 (Reuters) - BP, Shell and utility Iberdrola were among the winners of seabed rights to develop Scottish offshore wind projects, in an auction which raised nearly 700 million pou...

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.