business-in-london.biz
 
 
New records

London news

FTSE rebound led by mining shares

0000-00-00

CATHY ADAMS

The leading share index staged a rebound this morning, led by mining shares.

In early deals, the FTSE rose 0.6 per cent after suffering its sharpest one-day fall yesterday since July on concerns that the US Federal Reserve could wind up stimulus programme sooner than expected.

Headline miners made up the top five FTSE risers this morning – as metal prices rallied – with Kazakhmys leading the pack, up 2.74 per cent.

Russian precious metals miner Polymetal and steelmaker Evraz were both up 2.2 per cent.

Outside of the miners, luxury retailer Burberry was up 2.2 per cent, and industrial buyout specialist Melrose rose 2.1 per cent.

Mid-cap miners and oil shares were also doing well, with Finnish miner Talvivaara up 7.2 per cent and Fortune Oil rising 4.6 per cent.

A mixed bunch of shares made up the FTSE fallers this morning. G4S topped the blue chip loser board, shedding 1.4 per cent.

Education group Pearson, which also owns the Financial Times, sank 0.8 per cent.

Brewer SAB Miller fell 0.4 per cent in early trading. Yesterday Morgan Stanley initiated its coverage of the stock with an “equal-weight” rating and a target price of 3300p.

On the wider index, Indonesian coal miner Bumi fell 4.2 per cent, as the majority of board overhaul proposals from company co-founder Nat Rothschild were rejected at the company’s EGM yesterday.

UK banking shares were mainly in positive territory this morning. HSBC rose 0.56 per cent, Barclays was up 1.17 per cent and Lloyds Banking Group rallied 0.89 per cent. Only RBS fell, shedding 0.39 per cent.

In Asia, the Nikkei closed up 0.68 per cent and in the US, the Dow Jones closed down 0.34 per cent.

COMPANIES IN Enfield


Pages: [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33]

1st Choice Health 1st Class Trucking Ltd 2thefore Ltd 4th Frontier Information Systems Ltd.
77 The Hill A & A Futures Limited A & A Soft Furnishing Ltd A & B Continental Transport
A & E Contract Carpets A & F Dust Bros & Son A & F Processing Ltd. A & G Guiver
A & I Motors A & J Cleaning A & J Cleaning Services A & J Management
A & M Academic Business & Secretarial Services A & M Pearce A & R Group A & S Builders
A & S Plant Repairs A & S Support Services A 1 Electrics of Enfield Ltd. A 1 Laboratory Supplies
A 1 Screen Print Ltd. A A Coachworks A A Domestics A Andrews
A B B Building Technologies Ltd A B C Contract Services Ltd. A B C Pest Control A B O S Wedding Services
A B S Construction Chemicals Ltd A B Services & Co A Bon Vie A D I School of Motoring
A E Mobile Repairs A Enfield School Of Motoring A F C Building Service A F Motors
A F Services A F Stuart & Co. Ltd. A F White & Son A G H Heating
A G S Landscapes A Greenwood Plumbing & Heating A Hire Hat A J Acoustics Ltd.
A J Babywear A J Building Services A J Burr A J Cars
A J Irons A K Newman A L M Motors A L To P Driving School
A M P Computer Supplies A M S Acoustics A Marsh Mechanic A O K Properties
A P Builders & Contractors A P Car Services A P M A P M Electro Mechanical Services Ltd.
A P S Joinery Ltd. A Pinwill & Son A R D Systems A R G Contracts Ltd.
A Smith A Smith & Sons A Smokevend A Sprint Heating
A T Service A V Mansell A V Rillo & Co A V S Business Systems
A W Franklyn & Son A Waples A Worton & Sons A''s School Of Motoring
A.E. Mobile Mechanical & Electrical Repairs & Servicing A1 Building Services A1 Containerised Storage (Olympic Removals) Ltd. A1 Emergency Refrigeration Services
A10 Technical Services Ltd A10 Windows AA Target Tuition Aargentum Ltd.
Aarya Consulting Ltd Abacus Consulting Services Ltd Abba Antique & Modern Abbey Antiques
Abbey Industrial Supplies Ltd Abbey Lift Care Servicing Ltd Abbey Plumbing Abbey Stainless Components Ltd
Abbott,J C, Abbotts Newagents Abell Sales Ltd. Abernethy House