- Anite 138.20
-0.20 - Caza Oil & Gas 12.25
+0.25 - Centrica 372.30 -1.40
- F&c Asset Man 96.15 -0.05
- Impellam 383.50 -32.50
- Mcbride 111.75 0.00
- Rolls-royce Hlg 1,189.00 +1.00
- Sdl 298.40 +27.40
- Sigma Capital 18.25 0.00
FTSE ends with triple-digit gains as banks and miners climb
Tuesday, 17th April 2012
END-OF-DAY REPORT: Headline shares ended the day with triple-digit gains, the main index led higher by a strong performance from the banks and miners, with the market given a late boost by a good start on Wall Street.At the close of business, the FTSE100 was up 100.67 points at 5,766.95 with the FTSE250 ahead 170.89 points at 11,426.29 and the FTSE Smallcaps 8.43 points better at 3,114.94.
NEW YORK
US stocks made strong gains in late morning trade as concerns over the Eurozone eased with a successful auction of Spanish bonds, and investors were spurred on by solid numbers from Goldman Sachs, Coca-Cola and Johnson & Johnson.
Approaching the close in London, the Dow Jones Industrial Average was up 170 at 13,092, the S&P500 gained 18 points at 1,387 and the Nasdaq Composite advanced 46 points at 3,034.
LONDON MARKETS
Strength in the financial sphere was a major feature today, following strong demand for Spanish bonds which eased Eurozone concerns, with banks prominent on the leaderboard. Barclays was the best of them with a gain of 9.75p at 220.55p. Standard Chartered improved 54p at 1,553p and Royal Bank of Scotland added 0.93p at 25.2p.
Insurers were also in demand, with Aviva up 9.3p at 307.6p, Prudential 21p better at 743p and Legal & General ahead 3.4p at 124.2p.
Oil producers reacted favourably to a tick up in the price of crude, with Shell ahead 43p at 2,284p and BP gaining 9.55p at 452.5p.
ITV jumped 2p at 88.1p when Exane BNP Paribas raised its stance on the broadcaster from neutral to outperform and hiked its target price from 94p to 108p.
The retailers were mixed, with supermarket operators making progress. Tesco gained 7.4p at 328.3p ahead of its final results tomorrow, while Morrisons added 2.1p at 296.1p and Sainsbury gained 4p at 309.2p.
Elsewhere in the sector, luxury brand Burberry was the worst blue chip of the day, dropping 94p at 1,492p, despite revealing an 18% growth in revenue in the second half, slightly below analysts' expectations. The group also reported a slowdown in its wholesale division in Q4.
Similarly, Marks & Spencer was down 9p at 358.7p on reporting a slight improvement in total Q4 sales but a drop in like-for-like sales.
The miners recovered from a slow start, although Randgold Resources sank 60p at 5,490p as gold retreated to $1,645 an ounce following the improvement in Eurozone sentiment.
Meanwhile, Rio Tinto rallied 77.5p at 3,517.5p after a slow start when it revealed a fall in iron ore production in the first quarter of the year as bad weather hit port operations at its Pilbara site in Australia. Elsewhere, Anglo American rose 101p at 2,328.5p and Antofagasta topped the leaderboard, adding 56p at 1,176p.
On the limited downside, notable casualties included cigarette maker Imperial Tobacco, down 31p at 2,447p, and commercial software maker Sage Group, 3.2p lower at 283.2p.
Story provided by StockMarketWire.com
Stock Market Update
Wednesday, 19th June 2013
MORNING REPORT: The headline index was firmly lower in early deals today, as investors await ...
Share News
Wednesday, 19th June 2013
Sigma, the property and urban regeneration specialist, is about to start on the construction of ...
Wednesday, 19th June 2013
Shares in SDL, the translation software supplier, made a partial recovery in early trading gaining ...
Wednesday, 19th June 2013
Air France-KLM Group has signed a Memorandum of Understanding with Rolls-Royce for Trent XWB engines ...
Wednesday, 19th June 2013
RIO RIO TINTO PLC ORD 10P value of shares traded £44,671,855 HSBA HSBC HOLDINGS PLC ORD $0.50 (UK ...
SharePrice.com will do their best to ensure the quality of the information displayed on this site, but all information is provided as-is. We cannot be held responsible for any loss, material or otherwise, due to incorrect information found here. All share prices are provided by the London Stock Exchange, and are at least 15 minutes delayed.