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The industrial metals and mining sector was the best performing sector on Tuesday afternoon, helped by rising copper prices. By 15:49, the copper price was 1.29% higher at $416.25, a $5.30 gain on the day, as a pay dispute and strike at the world's third-largest copper mine, the Grasberg mine in In
Read moreA Morgan Stanley report on economic growth weighed on sentiment in global markets on Thursday, with every sector in London reporting losses. Worst of all were the industrial metals and mining stocks, which were the poorest performers in the afternoon. The global recovery path is now more "bumpy, be
Read moreShares in Talivaara Mining fell sharply after the Finnish miner said sales in the second quarter were held back by a maintenance stoppage and a decrease in the nickel price. Sales totalled €37.6m, up from €35.2m in the same quarter the previous year. The company posted an operating loss of €1.2m,
Read moreStocks are still under the cosh, with some weak employment data adding to the general malaise. Dole claims rose the most since May 2009 last month as pressures on the British economy intensified. The Office for National Statistics (ONS) said that the number of people claiming unemployment rose to 3
Read moreShares in Talvivaara Mining fell sharply after the Finnish miner said sales in the second quarter were held back by a maintenance stoppage and a decrease in the nickel price. Sales totalled €37.6m, up from €35.2m in the same quarter the previous year. The company posted an operating loss of €1.2m,
Read moreStocks have fallen sharply as traders give the thumbs down to yesterday's meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy. Hopes that the pair would agree to the idea of euro-bonds were dashed; instead the leaders mooted a tax on financial transactions as a way
Read moreA strong start on Wall Street and large gains from the miners helped London's blue chip index finish 0.57% higher on Monday. Meanwhile the banks limited gains on the Footsie over concerns over their level of exposure to Eurozone debt. Fluctuations in trading on Monday were not as severe as in recen
Read moreInternational recruitment firm Michael Page made a flying start to 2011 but said profit growth in the banking sector has tailed off in the second half of the year. This announcement saw the group's share price plummet more than 12%. Revenue in the first half of 2011 rose 27.6%, or 25.8% using co
Read morePoor recent economic data and an uncertain outlook on the global recovery sparked a broad sell-off in the industrial metals and mining sector on Thursday. Worries of a US downgrade, an escalating debt crisis in the Eurozone and slowing manufacturing growth in China have fuelled demand concerns for
Read moreA poor start on Wall Street spurred a late decline in London on Tuesday, as the Footsie fell nearly 1% in afternoon trading, despite trading sideward for the majority of the day. The main US equity benchmarks are now trading firmly in the red following worse than expected economic numbers out in t
Read moreThe metals and mining sectors were unwanted on Tuesday on fears over the global economic recovery. Despite the successful passage through the US House of Representatives of the budget deficit reduction bill last night, many have pointed to recent disappointing global manufacturing data and the ongo
Read moreUBS dampened the mood in pharmaceuticals and biotechnology, meaning that the sector fell to the bottom of the pile on Friday. UBS Investment Research cut its rating on the European pharmaceutical sector to "neutral" from "small overweight," saying the defensive sector that benefited from the econom
Read moreThe industrial metals and mining sector is the worst performing sector on Thursday. Resource stocks suffered a bout of profit-taking as fears on global growth continued to dampen the markets, causing concerns over the demand for commodities. Talvivaara Mining, London Mining, Ferrexpo, Toledo Minin
Read moreThe retailers are falling lower ahead of UK retail sales figures due to be released on Thursday. Supergroup, Dixons Retail and Home Retail are among the worst performers, with Supergroup falling over 8%. Regus is leading the risers after withdrawing its offer for MWB Business Exchange earlier this
Read moreTate & Lyle is the best performer on the FTSE 250. Yesterday, the food ingredients group had its target price raised by 8% by UBS. The share price of property regeneration specialist St. Modwen Properties has been boosted after it revealed that half-year results should come in at the top end of man
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