GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video 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 edge higher ahead of economic data

Fri, 15th Nov 2013 08:29

- Eurozone CPI data in focus after last week's rate cut- Wall Street finishes at record high after Yellen comments- Vedanta, oil stocks rise early ontechMARK 2,651.26 +0.08%FTSE 100 6,681.10 +0.22%FTSE 250 15,288.15 +0.20%UK stocks opened higher on Friday morning though gains were only modest following yesterday's Federal Reserve-inspired gains, as investors awaited economic data from the Eurozone and US.Stocks rose strongly on Thursday after the soon-to-be Fed Chairwoman Janet Yellen said that the US economy is still performing "far short of [its] potential", sparking hopes that the central bank will continue with its stimulus programme for the time being.The dovish comments prompted yet another record finish on Wall Street last night with both the Dow Jones Industrial Average and S&P 500 rising to all-time highs.As for this morning, corporate news is thin on the ground with earnings season coming to a close "so the immediate attention is on today's macro menu with harmonised inflation from the Eurozone being the show stealer in the region", said Market Strategist Ishaq Siddiqi from ETX Capital.The final revision of Eurozone consumer price inflation is expected to confirm the initial estimate of an annual price rise of 0.7% in October, though this eased unexpectedly from 1.1% the month before.The European Central Bank's Erkki Liikanen and Yves Mersch are both due to speak today so comments over policy following last week's rate cut will be closely watched.Economic data Stateside will also be in focus today with the Empire State manufacturing index, import prices, industrial production and manufacturing output figures all due out this afternoon.Vedanta up after first-half reportMining group Vedanta Resources was in demand this morning despite reporting a 17% drop in first-half revenue to $6.2bn on the back of falling commodity prices. Nevertheless, the firm still managed to achieve record oil and gas production and an increase in the output of refined zinc, lead and silver at Zinc India.Other miners including Antofagasta and Anglo American were also making gains early on.Oil stocks were also on the advance, tracking crude prices higher this morning, with Tullow, BG and Shell among the best performers. Brent was up 1.3% at $108.54 a barrel on hopes over a continued monetary stimulus from the States. Defence, security and transport firm Ultra Electronics was a heavy faller after warning that revenue for 2013 would be slightly below the previous year's, hit by "a number of headwinds", in particular the US government-funded market.Drinks group SABMiller fell after saying that Chairman Graham Mackay is to take another medical leave of absence after a deterioration of his health.FTSE 100 - RisersAberdeen Asset Management (ADN) 425.30p +1.46%Tullow Oil (TLW) 897.00p +1.36%Royal Dutch Shell 'A' (RDSA) 2,079.00p +1.32%BG Group (BG.) 1,263.00p +1.32%Antofagasta (ANTO) 814.50p +1.31%Royal Dutch Shell 'B' (RDSB) 2,168.00p +1.19%Hargreaves Lansdown (HL.) 1,177.00p +1.12%ARM Holdings (ARM) 939.00p +1.02%RSA Insurance Group (RSA) 103.50p +0.98%Royal Bank of Scotland Group (RBS) 330.00p +0.98%FTSE 100 - FallersInternational Consolidated Airlines Group SA (CDI) (IAG) 364.20p -2.36%Centrica (CNA) 340.10p -1.51%easyJet (EZJ) 1,221.00p -1.29%BAE Systems (BA.) 448.40p -1.28%Rolls-Royce Holdings (RR.) 1,223.00p -0.97%Diageo (DGE) 1,985.00p -0.75%Next (NXT) 5,445.00p -0.73%Meggitt (MGGT) 508.50p -0.68%Associated British Foods (ABF) 2,300.00p -0.48%Intertek Group (ITRK) 3,155.00p -0.47%FTSE 250 - RisersGenus (GNS) 1,285.00p +2.96%Imagination Technologies Group (IMG) 244.20p +2.26%Menzies(John) (MNZS) 774.50p +2.24%Phoenix Group Holdings (DI) (PHNX) 729.50p +2.24%Serco Group (SRP) 427.60p +2.03%Investec (INVP) 433.20p +1.81%Capital & Counties Properties (CAPC) 329.70p +1.73%Telecity Group (TCY) 653.00p +1.71%Fenner (FENR) 464.60p +1.64%Pace (PIC) 299.80p +1.63%FTSE 250 - FallersUltra Electronics Holdings (ULE) 1,771.00p -6.59%Daejan Holdings (DJAN) 3,983.00p -2.43%Essar Energy (ESSR) 105.90p -2.22%Dunelm Group (DNLM) 868.14p -2.07%AL Noor Hospitals Group (ANH) 834.50p -1.82%Rotork (ROR) 2,845.00p -1.69%Hochschild Mining (HOC) 143.90p -1.44%TalkTalk Telecom Group (TALK) 278.80p -0.96%Dairy Crest Group (DCG) 515.50p -0.96%Ocado Group (OCDO) 428.00p -0.95%BC
More News
23 Nov 2021 09:15

UPDATE 1-Shell halves Singapore refining capacity, to change chemical feedstock

* Pulau Bukom refinery capacity cut by half* Shell tests pyrolysis oil, bionaphtha feedstock* Company considers carbon capture, biofuels (Recasts, adds detail, quotes)By Florence TanSINGAPORE, Nov 23 (Reuters) - Royal Dutch Shell has halved https:/...

Read more
21 Nov 2021 19:52

UPDATE 2-NZ's Meridian Energy sells Australia unit for $528 mln to Shell-consortium

(Adds comment from Shell paras 5,6)Nov 22 (Reuters) - Meridian Energy on Monday said it agreed to sell its Australian energy business for A$729 million ($527.80 million) to a consortium of global energy giant Royal Dutch Shell and Australian inves...

Read more
21 Nov 2021 19:52

UPDATE 1-NZ's Meridian Energy sells Australia unit for $528 mln to Shell-consortium

(Adds detail on deal, quote)Nov 22 (Reuters) - Meridian Energy on Monday said it agreed to sell its Australian energy business for A$729 million ($527.80 million) to a consortium of global energy giant Royal Dutch Shell and Australian investment m...

Read more
21 Nov 2021 19:36

NZ's Meridian Energy sells Australia energy unit for $528 mln to Shell-consortium

Nov 22 (Reuters) - Meridian Energy on Monday said it agreed to sell its Australian energy business for A$729 million ($527.80 million) to global energy giant Royal Dutch Shell and Australian investment manager Infrastructure Capital Group.The agr...

Read more
19 Nov 2021 09:48

UPDATE 2-British shares log weekly loss as commodity, travel stocks weigh

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Travel stocks slammed by lockdown fears* UK retail sales rise by 0.8% in October* Kingfisher slips as Q3 sales drop* FTSE 100 down 0.5%, FT...

Read more
19 Nov 2021 07:48

REFILE-UPDATE 1-Ryanair drops London listing, citing costs

(Fixes headline)DUBLIN, Nov 19 (Reuters) - Ryanair gave notice on Friday of its intention to delist from the London Stock Exchange next month, saying the volume of trading did not justify the costs related to retaining an additional listing.The ...

Read more
19 Nov 2021 07:48

UPDATE 1-Ryanair drops London Stock Exchange, citing dual listing costs

(Adds details)DUBLIN, Nov 19 (Reuters) - Ryanair gave notice on Friday of its intention to delist from the London Stock Exchange next month, saying the volume of trading did not justify the costs related to retaining an additional listing.The Ir...

Read more
18 Nov 2021 16:15

UPDATE 1-Oil shares dip as Asian nations consider releasing oil reserves

(New throughout, updates prices, market activity and comments)By Danilo MasoniMILAN, Nov 18 (Reuters) - Shares in oil companies fell on Thursday as plans by the world's top consuming nations to release strategic reserves sent crude prices to multi-...

Read more
18 Nov 2021 13:39

Oil shares dip as Asian nations consider releasing oil reserves

By Danilo MasoniMILAN, Nov 18 (Reuters) - Shares in oil companies fell on Thursday as plans by the world's top consuming nations to release strategic reserves sent crude prices to multi-week lows, curbing enthusiasm for one of the best performing ...

Read more
18 Nov 2021 13:16

Shell acquires 51% stake in Irish floating offshore wind project

LONDON, Nov 18 (Reuters) - Royal Dutch Shell said on Thursday it had acquired a 51% stake in an floating wind project off the west coast of Ireland aiming to develop up to 1.35 gigawatt in electricity capacity.Shell bought the stake in the Western...

Read more
18 Nov 2021 12:50

GLOBAL MARKETS-Stocks shine once again, Turkey's lira plunges on rate cut

* Brent crude under pressure at $80* Turkish currency drops as cenbank cuts rates* Dollar, stocks pause after hot November so far* European gas prices consolidate 60% surge this month* Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn* Graph...

Read more
18 Nov 2021 12:10

LONDON MARKET MIDDAY: FTSE left behind as CAC and DAX hit records

LONDON MARKET MIDDAY: FTSE left behind as CAC and DAX hit records

Read more
17 Nov 2021 16:02

UPDATE 2-U.S. Gulf of Mexico auction attracts pent up demand from oil drillers

(Adds sale results)By Nichola GroomNov 17 (Reuters) - The Biden administration's auction of oil drilling rights in the U.S. Gulf of Mexico generated more than $190 million in high bids, bringing in more money for taxpayers than any government offs...

Read more
17 Nov 2021 16:02

UPDATE 1-U.S. offshore oil auction begins under court order, shadow of climate deal

(New throughout, adds statistics released prior to the sale, details on bidders)By Nichola GroomNov 17 (Reuters) - The Biden administration on Wednesday kicked off an auction of oil drilling rights to 80 million acres in the U.S. Gulf of Mexico da...

Read more
17 Nov 2021 16:02

UPDATE 3-Chevron, Exxon are among top spenders at Biden offshore auction

(Recasts, adds industry and environmentalist comments, details from sale, Biden FTC letter)By Nichola GroomNov 17 (Reuters) - U.S. oil majors Exxon Mobil Corp and Chevron Corp were among the top buyers at a federal auction of oil leases in the U.S...

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.