5:02pm END-OF-DAY inform: Headline shares ended the session comfortably higher with mining heavyweights oil majors and financial issues setting the pace but the market lacking intend with US markets closed for the Thanksgiving holiday. At the close of play the FTSE100 was up 73.41 points at 4,226.1 with the FTSE250 ahead 205.6 points at 6,036.64 and the FTSE Smallcaps 16.64 points better at 1,788.54. NEW YORK US markets are closed today for the Thanksgiving holiday. LONDON MARKETS Miners and financial issues drove the FTSE gains with insurers Aviva and Prudential performing strongly throughout up 23.75p at 380.5p and 26p at 322p respectively. The banking sector also rallied with Barclays ahead 6.9p at 166.9p. Lloyds TSB up 4p at 164p. HBOS 2.5p higher at 93p and Royal Bank of Scotland up...
2:47pm MIDAFTERNOON REPORT: Headline shares remained higher midafternoon with mining heavyweights oil majors and financial issues setting the pace and with building supplies company Wolseley the biggest blue chip gainer of the day. At 2:30pm the FTSE100 was up 58.33 points at 4,211.02 with the FTSE250 ahead 191.41 points at 6,022.45 and the FTSE Smallcaps 9.6 points better at 1,781.5. NEW YORK US markets are closed today for the Thanksgiving holiday. LONDON MARKETS Financial stocks drove the FTSE gains with insurers Aviva and Prudential leading the way up 28.25p at 385p and 22p at 318p respectively. The banking sector also rallied strongly with Barclays ahead 7.2p at 167.2p. Lloyds TSB up 4.9p at 164.9p. HBOS 3.5p higher at 94p and Royal tip of Scotland up 0.8p at 53.8p.
1:02pm Copper miner Antofagasta said today turnover in the nine months ended 30th September 2008 was $3.31bn compared with $2.838bn in the same period of 2007. The increased revenue was mainly due to higher copper sales volumes as well as lower tolling charges and to a lesser extent increased sales at the displace and wet divisions. These factors were partly offset by reduced molybdenum sales. Higher production costs pushed profits drink by 28% in Q3 with underlying profits for the three months dipping to $492m from $682m in 2007. Sales for the period were $903m up from $896m. For the nine moths to September underlying profit rose by 3% to $2.22bn up from $2.15bn the previous year. Copper volumes sold rose to 362,100 tonnes from 298,700 tonnes. This mainly reflected the increased...
12:47pm Avon Rubber today reported a full-year loss of &hit;19.5m compared to a profit of &hit;1.1m last time. assort revenue grew to &hit;54.6m in the year to September 30th 2008 up from £48.7m in 2007. The company ordain pay no dividend. Peter Slabbert. CEO commented: 'Our Dairy business remains successful while the 10 year US Government M50 respirator create by mental act awarded in 2008 will provide strong and consistent future sales volumes contributing to a return to profitability in our Protection & Defence business. In the current difficult credit markets the agreement of facilities with our bankers to 30th June 2010 gives the Group a stable platform from which to capitalise on the opportunities available to it in its chosen markets.'
12:32pm MIDDAY REPORT: Headline shares added to gains in midday trading with mining heavyweights oil majors and financial issues setting the walk and with building supplies company Wolseley the biggest blue chip gainer of the day. At high noon the FTSE100 was up 74.1 points at 4,226.79 with the FTSE250 ahead 160.18 points at 5,991.22 and the FTSE Smallcaps 6.79 points exceed at 1,778.69. NEW YORK US markets are closed today for the Thanksgiving holiday. LONDON MARKETS The Nationwide building society said accommodate prices were 13.9% lower than a year ago in November at £158,442 on add up a fall of more than £25,000. Financial stocks drove the FTSE gains with insurers Aviva and Prudential leading the way up 28p at 384.75p and 23p at 319p respectively. ...
Forex Groups - Tips on Trading
Related article:
http://www.thebusiness.co.uk/news-and-analysis/360976/barratt-says-rates-are-taking-their-toll.thtml
comments | Add comment | Report as Spam
|