Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the 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 flat as traders await details from EU summit

Fri, 15th Mar 2013 08:29

UK stocks opened more or less flat on Friday morning as markets paused for breath after a strong rise the day before, with traders awaiting any developments at the European Union (EU) summit in Brussels.The S&P 500 finished just a couple of point shy of its all-time high on Thursday night as data on US jobs continues to improve. Jobless claims came in below forecasts again yesterday which, after last month's stellar employment report, brightens the outlook for the recovery in the American labour market."The only problem is we now have an improved outlook for the economy on top of large [Federal Reserve] stimulus, which is going to be a huge test to just how much more we can inflate this equity bubble before it inevitably blows," said Market Analyst Craig Erlam from Alpari.As the Eurozone continues to undergo its economic downturn, with unemployment on the rise, its leaders yesterday indicated at the EU summit that they will relax the conditions relating to deficit targets. European Commission President José Manuel Barroso expressed the idea that countries completing the requirements should be given a helping-hand. Today, EU leaders are expected to discuss a possible exit of Ireland from the bailout programme after a successful 10-year debt auction earlier this week. The Eurogroup, made of Eurozone finance ministers, is scheduled to meet later today to discuss the aid package for Cyprus."As always with these meetings, we can expected heightened volatility throughout the day, as details surrounding both the Irish and Cypriot bailouts are leaked out," Erlam said.As well as the talks in Europe today, markets will be looking out for a number of other key economic announcements, including consumer price indices from the Eurozone and US, as well as industrial production and consumer confidence figures Stateside. IAG and Aggreko flying high after upgradeAirline group IAG was performing well early on after Morgan Stanley upgraded its recommendation on the stock to 'overweight', while Aggreko received a boost by Deutsche Bank, which upped to shares to 'buy'.In contrast, Royal Dutch Shell was being weighed down by a ratings cut by JPMorgan Cazenove to 'underweight'.FTSE 250 online gaming firm bwin.party slumped after reporting a 17% fall in clean EBITDA in 2012 owing to an increase in gaming taxes and lower sales. The firm also said that the revenues are expected to decline further in 2013. Pubs group Wetherspoons rose after unveiling a 6.9% rise in like-for-like revenue in the first half. The company called the performance "reasonable" given the pressures on the UK consumer.Halma, the safety, health and environmental technology group, edged higher after acquiring ASL Holdings, a Northampton-based business which designs and manufactures machine-to-machine communication products, for £6.5m.Also on the rise was chemicals firm Synthomer after raising its dividend by 57% as it was able to register another year of record profits.FTSE 100 - RisersInternational Consolidated Airlines Group SA (CDI) (IAG) 268.80p +2.32%Evraz (EVR) 251.90p +2.27%ARM Holdings (ARM) 939.00p +1.79%Kazakhmys (KAZ) 544.50p +1.78%Rio Tinto (RIO) 3,367.00p +1.69%Weir Group (WEIR) 2,479.00p +1.56%Croda International (CRDA) 2,731.00p +1.52%Randgold Resources Ltd. (RRS) 5,585.00p +1.27%Anglo American (AAL) 1,887.00p +1.26%Aggreko (AGK) 1,989.00p +1.22%FTSE 100 - FallersG4S (GFS) 298.50p -1.39%Royal Dutch Shell 'B' (RDSB) 2,239.00p -1.28%Royal Dutch Shell 'A' (RDSA) 2,191.50p -1.19%Morrison (Wm) Supermarkets (MRW) 273.60p -0.94%Tate & Lyle (TATE) 832.00p -0.83%Unilever (ULVR) 2,726.00p -0.80%Smith & Nephew (SN.) 746.00p -0.73%SSE (SSE) 1,460.00p -0.68%Centrica (CNA) 353.20p -0.67%HSBC Holdings (HSBA) 735.30p -0.64%FTSE 250 - RisersRentokil Initial (RTO) 99.70p +10.17%Centamin (DI) (CEY) 57.95p +8.32%Ocado Group (OCDO) 180.60p +6.24%Ferrexpo (FXPO) 205.50p +3.32%Redrow (RDW) 182.10p +2.30%Daejan Holdings (DJAN) 3,522.00p +2.06%Victrex (VCT) 1,750.00p +2.04%Dechra Pharmaceuticals (DPH) 735.00p +2.01%Wetherspoon (J.D.) (JDW) 520.00p +1.96%Hochschild Mining (HOC) 309.20p +1.95%FTSE 250 - FallersBwin.party Digital Entertainment (BPTY) 140.60p -7.19%COLT Group SA (COLT) 129.90p -2.70%Inchcape (INCH) 505.00p -2.42%Perform Group (PER) 457.40p -2.27%Investec (INVP) 495.20p -1.75%Booker Group (BOK) 123.10p -1.52%Man Group (EMG) 102.50p -1.25%Genesis Emerging Markets Fund Ltd. (GSS) 579.50p -1.11%Dunelm Group (DNLM) 802.50p -1.05%Templeton Emerging Markets Inv Trust (TEM) 659.00p -0.98%BC
More News
27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

Read more
21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

Read more
15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the ageing basin.

Read more
7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating the firm was "on a roll".

Read more
31 Jan 2022 10:53

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

Read more
31 Jan 2022 07:48

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

Read more
28 Jan 2022 11:25

Shell's renewables boss steps down after less than two years

* Elisabeth Brinton leaves for new role, she says* Shell creates two new renewables leadership roles* Thomas Brostrøm to head renewables generation* Steve Hill to head energy marketingBy Ron BoussoLONDON, Jan 28 (Reuters) - Shell's head of renewable...

Read more
27 Jan 2022 16:14

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
26 Jan 2022 17:02

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

Read more
26 Jan 2022 14:36

China's Sinopec awards fewer cargoes in recent LNG tender

By Chen Aizhu and Marwa RashadSINGAPORE/LONDON, Jan 26 (Reuters) - Unipec, the oil and gas trading arm of China's Sinopec Corp has awarded fewer-than-planned cargoes in a recent tender to sell up to 45 cargoes of liquefied natural gas for 2022 del...

Read more
26 Jan 2022 12:16

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

Read more
26 Jan 2022 09:33

UPDATE 2-Commodity, bank stocks lead FTSE 100 higher; Playtech drops

* Oil and banking shares top gainers* Wizz Air reports Q3 loss, expects improvement in spring* FTSE 100 up 1.3%, FTSE 250 add 1.1% (Updates to market close)By Shashank Nayar and Ambar WarrickJan 26 (Reuters) - London's FTSE 100 rose on Wednesday wit...

Read more
26 Jan 2022 09:12

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

Read more
25 Jan 2022 21:13

UPDATE 1-U.S. awards 13 mln barrel exchange of crude from strategic reserve

(Adds details on sale, background on 50 million barrel SPR plan)WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to ...

Read more
25 Jan 2022 20:10

U.S. awards exchange of 13 mln barrels of crude from strategic reserve

WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to seven companies.The companies are Shell Trading US, 4.2 million ...

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.