Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAntofag.5%pr Share News (70GD)

Share Price Information for Antofag.5%pr (70GD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 70.50
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 70.50
70GD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

LONDON MARKET MIDDAY: Miners Keep FTSE Higher Ahead Of US Payrolls

Fri, 04th Jan 2019 12:09

LONDON (Alliance News) - Stocks in London remained higher midday Friday buoyed by miners, confirmed US-China trade talks and positive Chinese economic data.The FTSE 100 index was up 92.54 points, or 1.4%, at 6,785.20, while the FTSE 250 was 219.99 points higher, or 1.3%, at 7,658.90. The AIM All-Share was up 0.8% at 869.07.The Cboe UK 100 was up 1.2% at 11,513.49, while the Cboe UK 250 was 1.2% higher at 15,805.06, and the Cboe UK Small Companies up 0.1% at 10,928.03.On the FTSE 100, miners were supported by positive Chinese services data, recovering from Wednesday's losses on disappointing manufacturing data from the country. Antofagasta was up 3.9%, Glencore and Anglo American were up 3.4%, and Rio Tinto rose 2.4%.China's manufacturing and services sector experienced a five-month high in December, data from IHS Markit showed. The Caixin China Composite PMI reading came in at 52.2 at the end of 2018, up from 51.9 in November, as a result of higher activity levels across both sectors, with China's services companies registering continued growth and manufacturing expanding somewhat following "two months of stagnation". Markit also noted the "solid upturn" in services and highlighted the Caixin China General Services Business Activity Index, which increased slightly to 53.9 in December from 53.8 in November, just reaching its six-month high.Overall, the FTSE 350 Mining Sector Index was up 2.9% midday Friday, but remained down 1.4% over the week.Markets in the US are poised for recovery when they reopen on Friday, with the Dow Jones seen up 1.3%, the S&P 500 called 1.4% higher and the Nasdaq to rise by 1.9%. The first direct negotiations in the trade dispute between China and the US since the announcement of a "ceasefire" last month are expected to take place next week.A US delegation is due to attend the two-day talks on Monday, the Chinese Ministry of Commerce said.The talks are expected to firm up the compromise in the trade dispute announced by US President Donald Trump and Chinese President Xi Jinping in early December.The two had agreed a "ceasefire" until the beginning of March on the sidelines of the G20 summit in Buenos Aires."The US and China will sit down at the negotiating table next week to try and resolve the almost year-long trade dispute that continues to disrupt business flows between the two countries and keeps global markets on tenterhooks. The FTSE and other European gauges perked up on the news and started the trading day in positive territory," said Fiona Cincotta, senior market analyst at CityIndex.Until then, an announced increase in tariffs on goods worth USD200 billion - from the current rate of 10% to 25% - is expected to be suspended.The pound was quoted at USD1.2674 at midday, up from USD1.2634 late Thursday.In the UK, the services PMI came in at 51.2 according to the IHS Markit/CIPS index, improved from 50.4 in November, which was a 28-month low. IHS Markit said the latest data suggests growth in new work also only slightly increased in December month-on-month, with political uncertainty and low confidence going ahead weighing.All Sector PMI, or composite output, reached 51.6 in December from 51.0 in November, the second-slowest rate of business activity expansion since July 2016.Concerning Brexit, according to the YouGov poll funded by Economic and Social Research Council more than half of Conservative Party members prefer a no-deal withdrawal. In a three-way choice, 57% of grassroots Tories said they would support leaving the EU without an agreement, while 23% would back the prime minister's deal and 15% would choose to remain.The overwhelming rejection of May's deal shown in the survey comes at a crucial time for the PM as she faces a crunch Commons vote on her plans. On Thursday, the European Commission confirmed "no further meetings are foreseen" with the UK on updating May's Brexit deal because negotiations have concluded.In mainland Europe, the CAC 40 in Paris was up 1.4% and the DAX 30 in Frankfurt was 1.8%.The euro stood higher at USD1.1415, against USD1.1399 the prior day.The eurozone PMI composite output index moved closer to the 50.0 no-change mark in December. Registering a final reading of 51.1, down from 52.7 in November and lower than the earlier flash estimate of 51.3. The index was at its weakest level for over four years, reflecting lower activity in France caused by the "gilets jaunes" protests, and Germany, whose composite PMI contracted to 51.8 from 53.3 in November.Meanwhile, the eurozone services PMI score declined for a third successive month during December to hit its lowest level in more than four years. After accounting for seasonality, the index recorded 51.2, down from November's 53.4, indicative of modest growth.Still to come in Friday's economic calendar, US private payroll processor ADP releases its monthly nonfarm payrolls report for December at 1330 GMT, and the US services PMI is due out at 1445 GMT.

More News
28 May 2019 08:46

LONDON MARKET OPEN: Galliford Rises 6% After Rejecting Bovis Approach

LONDON (Alliance News) - Stock prices in London opened slightly higher on Tuesday following the long bank holiday weekend, with Galliford Try leading midcaps after rejecting an of

Read more
24 May 2019 08:36

LONDON MARKET OPEN: Stocks Led Higher By Miners But Focus On Politics

LONDON (Alliance News) - Miners were the best performers in London in early trade on Friday amid a bounce in commodity prices, while sterling remained depressed as the market awaited the of the UK

Read more
15 May 2019 16:11

UK Shareholder Meetings Calendar - Next 7 Days

Thursday 16 MayQuilterG4SSpire HealthcareBalfour BeattyCapital 17

Read more
13 May 2019 16:53

LONDON MARKET CLOSE: FTSE 100 Put Under Pressure As Trade War Ramps Up

LONDON (Alliance News) - The FTSE 100 slipped to a seven-week low on Monday as renewed US-China trade war fears gripped markets, with the world's two largest economies slapping tit-for-tat on

Read more
30 Apr 2019 16:53

LONDON MARKET CLOSE: Disappointing China Data Sees Miners Hinder FTSE

LONDON (Alliance News) - Weak manufacturing data from China overnight hit London-listed miners on Tuesday, causing the FTSE 100 to tumble. The FTSE 100 index closed down 22.44 points, or 0.3%, at

Read more
24 Apr 2019 17:01

LONDON MARKET CLOSE: Mining And Oil Stocks Send FTSE 100 Lower

LONDON (Alliance News) - Stocks in London ended mixed on Wednesday, with the FTSE 100 pulled down by heavyweight oil and mining stocks.The FTSE 100 index closed down 51.32 points, or 0.7%, at The

Read more
24 Apr 2019 14:46

Antofagasta Appoints Former BHP Executive Anglin To Board

LONDON (Alliance News) - Chilean miner Antofagasta PLC said on Wednesday it has appointed Michael Anglin as non-executive director with effect from Wednesday next week.Angling is currently

Read more
24 Apr 2019 12:11

LONDON MARKET MIDDAY: FTSE 100 Retreats From Highs As Oil Stocks Weigh

LONDON (Alliance News) - Stock prices in London were mixed at midday Wednesday, with oil stocks weighing on the FTSE 100 and Centamin leading the FTSE 250.The FTSE 100 index was a

Read more
24 Apr 2019 07:30

TOP NEWS: Antofagasta Pleased Despite Slowdown In Production

LONDON (Alliance News) - Chilean miner Antofagasta PLC reaffirmed 2019 guidance on Wednesday after reporting a first-quarter performance in line with expectations.In the three months to 23%

Read more
18 Apr 2019 16:09

UK Dividends Calendar - Next 7 Days

Friday 19 April no events scheduled Monday 22 events 23 Power dividend

Read more
17 Apr 2019 16:06

UK Earnings, Trading Statements Calendar - Next 7 Days

Thursday 18 April UnileverQ1 ResultsPZ CussonsTrading SolutionsTrading 19 events

Read more
17 Apr 2019 08:54

LONDON MARKET OPEN: Bunzl Shares Slump After Growth Warning

LONDON (Alliance News) - Stocks opened up in the red on Wednesday in London, with Bunzl shares sliding in the large-cap index and iron ore miners also losing out. The FTSE 100 was

Read more
16 Apr 2019 12:12

LONDON MARKET MIDDAY: FTSE 100 Set For 2019 Record Close On Pound Fall

LONDON (Alliance News) - Stocks in London were higher on Tuesday with the FTSE 100 benefiting from weakness in the pound, leaving the flagship index on track to close at its highest level so far a

Read more
15 Apr 2019 12:12

LONDON MARKET MIDDAY: Miners Weigh On FTSE 100; IWG Shines In Midcaps

LONDON (Alliance News) - Stocks in London were marginally higher at midday on Monday, with miners restricting gains in the FTSE 100 and IWG leading the FTSE 250.The FTSE 100 index

Read more
12 Apr 2019 17:08

LONDON MARKET CLOSE: Chinese Data Sends Stocks Higher; Plus500 Sinks

LONDON (Alliance News) - Stocks in London ended higher on Friday with economic data from China handing the FTSE 100 a boost, and US banks getting the reporting season underway across the pond. The

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.