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 Potters Bar


Pages: [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12]

1st Call Keans Transport A & A Electrics A & M Brent Carpet Planners & Contractors A A B Distribution Ltd.
A A Beach A B Ceramics A Balloon Celebration A E Headen Ltd.
A E S A G S Acrylics A Lion House Clearance A N West
A R Contracts Ltd. A R Gletherow A R Marsh A Ray
A S Adkins A to Z Financial Intermediaries A-Plan Insurance A1 Flat Roofing
Abacus Office Interiors Ltd Abbey Developments Ltd Abbey Developments Ltd. Abbey Micro Systems
Abbey Roofing & Property Maintenance Abbeyfield Potters Bar & District Society Ltd. Abingdon Small Business Estate (Manageme Abohn Accounting Services
Absolutely Perfect Accident Repair Centre Accident Replacement Hire Accura Imaging
Accura Imaging Ltd. Ades Plumbing & Heating Adler Cole & Dixon Adoria Letting
Aedificamus Press Publishers Air Packaging Co (The) Airflow Envirorental Akash Indian Restaurant
Akers Investigation Bureau Ltd. Aladdin Interior Furnishing Ltd Alan Randle &Co Alan Vessey Electrician
Albemarle Printing Co. Albion Engineering Ltd. Alchemist Products Ltd Alexander Kweller
Alexander Zane Interiors All 4 Kids (UK) All About Pests Allegri Cleaning Services
Allport Veterinary Clinic Allseasons Boarding Cattery Allways International Transport Services Alma Court Residents Ltd.
Alphamarque Associates Ltd. Alphamarque Franchising Ltd. Alsen Electrical Amagen Ltd
Amberley Builders Ltd. Amicus Computer Supplies Ltd Amicus Computer Systems Ltd Amtrak Express Parcels Ltd.
Andres Hair Salon Andrew Neal Andrew Ward Estate Agents Andyfix
Andys Fruit & Veg Anglian Dental Engineering Animal Actives Anthony Gray
Apex Leather Goods Appeal Windows Approved Glazing Co Aqumen Services Ltd
Architects Co-Partnership Ltd Architects Co-Partnership Ltd. Art 1 Graphics Arts Creations
Artwise Design & Typesetting Ashdown Clinic Ashdown Clinic Ltd. Aspect Design
Aspectsafe Property Management Ltd Association Of Charity Officers Astor Builders Ltd Attimore Veterinary Group
Auckland Estates Auto Electrical Enterprises Automatic Gearboxes Autopaint-Herts
Axis Aerials B & K Construction B & L Coaches B & M Building Contractors
B & M Ellerbeck B B I S Ltd. B Hicks & Sons B J Bennett