REMINDER: Our user survey closes on Friday, please submit your responses 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

London open: Stocks bounce off one-month low on Chinese stimulus hopes

Wed, 10th Dec 2014 08:54

UK stocks edged higher on Wednesday after a steep sell-off sent the FTSE 100 to its lowest levels in more than a month.London's benchmark index was up 0.3% at 6,549 early on, after settling at 6,529.47 the previous day.Political uncertainty in Greece and concerns about lending in China hammered market sentiment on Tuesday, sending the FTSE 100 to its lowest finish since 5 November. The Athens and Shanghai equity indices closed down 11% and 5% respectively.US stock indices closed slightly lower on Wall Street, but managed to erase earlier heavy losses before the end of trade."Santa Claus got lost somewhere between Greece and China yesterday but the US launched a late rescue mission to give markets a chance of a happy Xmas," said analysts at Deutsche Bank.Concerns about China were still in focus on Wednesday after price data showed that inflation fell to a five-year low of 1.4% in November. This was down from 1.6% in October and surprised analysts who had expected no change.Head of research Mike van Dulken from Accendo Markets said the figures were "adding to global growth worries but reviving hopes of more stimulus being forthcoming from the government/People's Bank of China to help kick-start inflation/gross domestic product, offsetting yesterday's fears of tighter Chinese lending rules crimping growth".Ashtead jumps after strong H1Shares in Ashtead surged after the equipment-rental firm reported a big jump in first-half profits and lifted its full-year forecast. The company said that underlying pre-tax profit jumped by 33% to a record £265.5m in the six months to 31 October, and guided to full-year results "ahead of our previous expectations".Rolls-Royce gained after announcing a £1bn share buyback following the competition of the sale of its energy gas turbine and compressor business to Siemens.Natural gas giant BG Group was higher after saying it is set to raise $5bn from the sale of a gas pipeline in Australia which is planned to go towards reducing debt and future growth investments.Banking group Standard Chartered declined on the news that it will face a further three years of being under scrutiny from US authorities, after it was fined over £400m in 2012 for breaching American sanctions on Iran.Travel stocks Easyjet, IAG and Carnival were making decent gains after falling the previous session.Asset manager Aberdeen was lower after a Citigroup downgrade to 'neutral', while Shell's shares were weighed down by a ratings cut by Deutsche Bank to 'hold'.Market MoverstechMARK 2,918.74 +0.42%FTSE 100 6,548.97 +0.30%FTSE 250 15,798.20 +0.53%FTSE 100 - RisersAshtead Group (AHT) 1,145.00p +6.31%Tullow Oil (TLW) 406.20p +4.07%Carnival (CCL) 2,809.00p +3.31%Fresnillo (FRES) 754.00p +2.86%Rolls-Royce Holdings (RR.) 882.00p +2.50%London Stock Exchange Group (LSE) 2,195.00p +1.86%Capita (CPI) 1,051.00p +1.84%easyJet (EZJ) 1,654.00p +1.78%Hargreaves Lansdown (HL.) 948.50p +1.72%ARM Holdings (ARM) 958.50p +1.64%FTSE 100 - FallersGlaxoSmithKline (GSK) 1,386.00p -1.63%Standard Chartered (STAN) 936.80p -0.79%Burberry Group (BRBY) 1,658.00p -0.66%Persimmon (PSN) 1,546.00p -0.58%Royal Dutch Shell 'A' (RDSA) 2,073.00p -0.55%Vodafone Group (VOD) 222.55p -0.47%Next (NXT) 6,500.00p -0.46%Rio Tinto (RIO) 2,838.00p -0.40%Petrofac Ltd. (PFC) 739.00p -0.40%Royal Dutch Shell 'B' (RDSB) 2,146.00p -0.39%FTSE 250 - RisersSerco Group (SRP) 177.30p +7.91%Afren (AFR) 40.59p +4.56%Alent (ALNT) 364.60p +3.73%Brown (N.) Group (BWNG) 338.10p +3.36%Beazley (BEZ) 277.10p +2.63%Savills (SVS) 631.00p +2.60%Supergroup (SGP) 850.00p +2.41%Pace (PIC) 358.70p +1.99%Betfair Group (BET) 1,493.00p +1.98%Spirent Communications (SPT) 67.50p +1.89%FTSE 250 - FallersStagecoach Group (SGC) 386.10p -5.23%Micro Focus International (MCRO) 1,106.00p -2.21%Hochschild Mining (HOC) 86.70p -1.48%Rank Group (RNK) 161.00p -1.23%Ferrexpo (FXPO) 65.40p -1.21%Bellway (BWY) 1,902.00p -1.09%Fisher (James) & Sons (FSJ) 1,129.00p -1.05%Dignity (DTY) 1,789.00p -0.89%Synergy Health (SYR) 2,064.00p -0.86%St. Modwen Properties (SMP) 385.70p -0.85%
More News
21 Dec 2021 12:00

Oman's gas project for block 10 in Saih Rawl filed is expected to reach production of 0.5 bln cubic feet per day - ministry

Cairo, Dec 21 (REUTERS) - Oman's energy ministry said on Tuesday that the gas project for block 10 in the Saih Rawl gas field is expected to reach production of 0.5 billion cubic feet of gas per day.It added on Twitter that the project start up is...

Read more
21 Dec 2021 09:41

UPDATE 2-European shares rebound from Monday sell-off as energy stocks, miners jump

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* ING to quit French retail banking business* Sanofi's $1 bln Amunix buyout to add to drugmaker's pipeline* European chipmakers rise on Micr...

Read more
20 Dec 2021 11:27

Britain consults on climate checks for new oil and gas licences

LONDON, Dec 20 (Reuters) - Britain on Monday called for views on potential checks for new oil and gas licences to assess whether projects are in line with the country’s climate commitments.Britain has a target to reach net zero emissions by 2050 a...

Read more
20 Dec 2021 09:54

UPDATE 2-UK shares fall as Omicron concerns hit commodity, travel stocks

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Standard Chartered fined $61.51 mln for regulatory lapses* Oil, metal prices fall as Omicron fuels demand worries* FTSE 100 down 1.0%, FTSE...

Read more
17 Dec 2021 17:04

LONDON MARKET CLOSE: FTSE 100 outperforms Europe as Omicron cases rise

LONDON MARKET CLOSE: FTSE 100 outperforms Europe as Omicron cases rise

Read more
17 Dec 2021 16:35

UPDATE 4-Brazil's oil auction raises $2 billion as Total, Shell pile in

(Adds comments from analyst, TotalEnergies)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - France's TotalEnergies , Royal Dutch Shell, Malaysia's Petronas and Qatar Energy on Friday scooped up big offshore field...

Read more
17 Dec 2021 16:35

UPDATE 3-Brazil's offshore field raise $2 billion as Total, Shell pile in

(Adds details on production, updates share prices)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - France's TotalEnergies , Royal Dutch Shell, Petrobras, Malaysia's Petronas and Qatar Energy scooped up big offsho...

Read more
17 Dec 2021 16:35

UPDATE 2-Total, Shell pile into Brazil's offshore fields in $2 billion sale

(Adds details on bids, adds analyst comment)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - TotalEnergies SE , Royal Dutch Shell PLC, Petrobras, Petronas and Qatar Energy scooped up two blockbuster offshore fiel...

Read more
17 Dec 2021 16:35

UPDATE 1-Foreign oil firms pile into Brazil's offshore fields in $2 billion sale

(Updates with results of auction)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - Petrobras, Petronas, TotalEnergies SE, Royal Dutch Shell and Qatar Energy scooped up two blockbuster offshore fields in Brazil on ...

Read more
17 Dec 2021 11:24

Just Eat adds Asda to platform, first UK partnership in grocery sector

Just Eat adds Asda to platform, first UK partnership in grocery sector

Read more
17 Dec 2021 11:00

Top oil majors set for 2nd shot at coveted Brazil 'pre-salt' offshore fields

By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - The world's top oil majors will compete in Brazil on Friday for the chance to snatch up some of the world's most coveted offshore oilfields, a test of the nation'...

Read more
17 Dec 2021 09:52

IN BRIEF: Smart Metering extends exclusivity agreement with Shell

IN BRIEF: Smart Metering extends exclusivity agreement with Shell

Read more
17 Dec 2021 07:59

Just Eat strikes first British grocery deal with Asda

AMSTERDAM, Dec 17 (Reuters) - Just Eat Takeaway.com said on Friday it had struck a deal with British supermarket group Asda to sell groceries through its delivery platform.The deal, Just Eat's first with a major British supermarket chain, comes a...

Read more
17 Dec 2021 07:51

LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit

LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit

Read more
16 Dec 2021 22:13

UPDATE 3-Royal Dutch Shell confirms delay in sale of Texas refinery to Mexico's Pemex

(Adds bakground from Pemex source)By Stefanie Eschenbacher and Erwin SebaMEXICO CITY/HOUSTON, Dec 16 (Reuters) - Royal Dutch Shell on Thursday confirmed a Reuters report that the sale of its controlling interest in a Texas refinery to Mexican state...

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.