TALV.L Share News (TALV)

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Sector movers: Metals/mining stocks tumble after FOMC statement

Wed, 04th Apr 2012 15:55

The industrial metals and mining stocks were the worst performers of the day on Wednesday as commodity prices took a tumble on the back of comments from the US central bank.Last night's minutes from the latest meeting of the Federal Open Market Committee showed that members had become less inclined to boost the economy through quantitative easing. The resulting effect was a stronger dollar - the dollar index, which measures the greenback against a basket of six other currencies, was up 0.59% - meaning that dollar-denominated commodities became more expensive.Evraz, Talvivaara and Berkeley Mineral Resources were heavy fallers in the metals and mining sector. FTSE 250 iron ore miner Ferrexpo also took a hit after announcing that its bid to move a long-running shareholder dispute from Ukrainian courts to the UK has been denied. It is thought that the Ukrainian courts are not neutral grounds. In contrast, the industrial transportation sector was making gains, albeit only slightly. Clarkson, Stobart and James Fisher were the only sector constituents in the blue but they have enough clout to boost the sector average into positive territory.Top performing sectors so far todayIndustrial Transportation 2,529.38 +0.08%Bottom performing sectors so far todayIndustrial Metals & Mining 3,901.14 -5.59%Automobiles & Parts 4,655.09 -4.51%General Retailers 1,773.36 -3.55%Industrial Engineering 7,547.10 -3.43%Software & Computer Services 804.45 -3.13%BC

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4 Jul 2014 15:48

Sector movers: Evraz lifts industrial metals higher

A surge in the share price of steel group Evraz helped the industrial metal and mining sector to the top of the pile on an otherwise quiet trading session in London. While markets were subdued on the whole, with analysts citing low volumes due to a public holiday in the States, Evraz shares were 5.

13 Jun 2014 14:54

Talvivaara To Delist In London, Remain On Helsinki Exchange

LONDON (Alliance News) - Talvivaara Mining Company PLC Friday said it plans to cease trading on the Main Market of the London Stock Exchange as it seeks to reduce the costs associated with the listing. Talviaara said there is no significant benefit in maintaining its London listing, given t

28 May 2014 07:13

Talvivaara Mining Pretax Loss Narrows

LONDON (Alliance News) - Talvivaara Mining Company PLC Wednesday reported that its first-quarter loss before income tax narrowed to 17.12 million euros from 31.73 million euros in the prior year quarter. Loss attributable to owners of the parent narrowed to 14.57 million euros from 21.01 m

21 May 2014 13:04

Talvivaara Mining Granted Deadline Extension For Reorganisation

LONDON (Alliance News) - Talvivaara Mining PLC Wednesday said it has been granted a deadline extension for submitting its proposals for its reorganisation programme. In a statement, the base metal producer with operations in Finland said it has been granted a deadline extension by the Dist

14 May 2014 08:09

UPDATE 1-Talvivaara plans to delist from London bourse

(Adds comment, background) HELSINKI, May 14 (Reuters) - Troubled Finnish nickel miner Talvivaara plans to delist its shares from the London Stock Exchange, leaving its only listing in Helsinki, in a bid to cut costs. Hurt by falling nickel prices and repeated production disruptions,

14 May 2014 06:10

Talvivaara plans to delist from London bourse

HELSINKI, May 14 (Reuters) - Troubled Finnish nickel miner Talvivaara plans to delist its shares from the London Stock Exchange, leaving its only listing in Helsinki, in a bid to cut costs. The firm said the London delisting, if approved at its shareholder meeting next month, would take ef

29 Apr 2014 05:17