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 OPEN: Miners Rise; Deals Lift Fuller's And Earthport

Fri, 25th Jan 2019 08:42

LONDON (Alliance News) - The FTSE 100 was in the green early on Friday, helped by commodities stocks, while a number of midcap firms were suffering from broker ratings cuts. Elsewhere on the London Stock Exchange, brewer Fuller, Smith, & Turner and cross-border payments firm Earthport surged. Fuller's has sold its beer business, and will pay out extra dividends with the proceeds, while Earthport has received an increased takeover offer. The FTSE 100 was up 11.05 points, or 0.2%, at 6,830.00 in early trade.The FTSE 250 was 5.05 points lower at 18,622.58, and the AIM All-Share was 0.5% lower at 912.45.The Cboe UK 100 was up 0.1% at 11,605.35, while the Cboe UK 250 was up 0.1% at 16,677.24. The Cboe UK Small Companies up marginally at 11,147.87.On mainland Europe, the CAC 40 in Paris and the DAX 30 in Frankfurt were up 0.5% and 0.9% respectively. In Asia on Friday, the Japanese Nikkei 225 index closed up 1.0%. In China, the Shanghai Composite closed up 0.4%, while the Hang Seng index in Hong Kong ended 1.7% higher.In the US on Thursday, Wall Street closed higher, with the Dow Jones Industrial Average ending down 0.1%, but the S&P 500 up 0.1% and the Nasdaq Composite up 0.7%.In the FTSE 100, Vodafone was down 1.1%. The telecommunications firm reiterated its annual guidance, despite reporting a fall in revenue for its third quarter.For the three months to December 31, Vodafone's revenue was EUR11.00 billion, down 6.8% on a reported basis year-on-year. This figure was hindered by accounting changes, the sale of Vodafone's stake in its Qatari business, and foreign exchange.In the third quarter, organic service revenue rose 0.1% year-on-year, slowing from 0.5% annual growth in the second quarter. Using Vodafone's previous accounting method, growth actually improved to 0.4% from 0.3% in the prior quarter.On a reported basis, Vodafone's service revenue fell to 3.9% to EUR9.79 billion.Mexican miner Fresnillo was 2.9% higher, the best large cap performer, after UBS raised the stock to a Buy rating from Neutral.Fellow commodity firm Glencore was 1.9% higher, Antofagasta also 1.9% higher. Anglo American was 1.4% higher, and Rio Tinto and BHP both were up 1.3%. Losing out in the large cap index was British Land, down 2.1%, after Citigroup cut its rating to Sell from Neutral. Likewise, Citigroup has reduced its rating on peer Land Securities to Sell from Neutral, with the stock 1.4% lower. In the FTSE 250, a number of firms were lower after ratings cuts by brokers. Citigroup has reduced both Hammerson and intu Properties to Sell from Neutral. Hammerson was 1.7% lower, and intu down 4.6%. On Thursday, Goldman Sachs had cut intu to Sell from Neutral. Citigroup downgraded Great Portland Estates to Sell from Neutral, with the stock down 4.5%.Derwent London was likewise suffering at the hands of Citigroup, with shares down 3.4% following a cut to Sell from Neutral.Irn Bru-maker AG Barr was 0.5% lower as it reported "continued positive trading" in its year ending Saturday, with revenue guided to be 5% up year-on-year at around GBP277 million.Core brands did well, AG Barr said, with further UK market share gains made in soft drinks.Value growth has "significantly" outstripped volume growth in the period due to the UK government's soft drinks levy, and AG Barr expects to return to a more value-led strategy in 2019.Looking ahead, AG Barr is confident despite Brexit uncertainty and likely further regulatory intervention in the soft drinks industry in the UK.Elsewhere, West London brewer and pub operator Fuller, Smith & Turner surged 25% as it announced it has sold its beer business to Japan's Asahi Group for an enterprise value of GBP250 million.The business includes all beer, cider, and soft drink production, wine wholesaling, as well as all distribution.Fuller's expects net cash from the sale of GBP205M, and it will return between GBP55 million and GBP69 million of this to shareholders via dividends, which will not affect its existing dividend plan.Meanwhile, Fuller's said trading as been "very strong", with like-for-like sales in Managed Pubs & Hotels rising 5.6% year-on-year in the 10 weeks to January 19 and 4.7% in the 42 weeks to the same date.Earthport was 23% higher as it said it has received an increased offer from Mastercard, and has agreed a 33 pence per share deal. Previously, Mastercard had offered 30p per share.The new agreement values Earthport at GBP233 million, and Earthport's board has recommended shareholders accept the offer.The pound was quoted at USD1.3085 early Friday, up from USD1.1.3034 at close on Thursday.A quiet economic calendar Friday will see the World Economic Forum in Davos come to a close. US data releases are being postponed due to the US government shut-down.The US Senate was unable Thursday to reach agreement on ending the partial shutdown of the federal government, now in its 34th day, after two rival bills each failed to gain enough votes to advance.The shutdown has led to some 800,000 federal workers not being paid, while key agencies like law enforcement and air traffic control say they are struggling to carry out their duties. More agencies will run out of funding as time passes.One bill, sponsored by President Donald Trump's centre-right Republicans, included some protections for certain immigrants and USD5.7 billion in funding for a border wall on the frontier with Mexico.

More News
5 Jul 2019 10:55

WINNERS & LOSERS SUMMARY: SIG Victim Of Weak UK Construction Market

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - LOSERS----------Anglo down 2.6%, in

Read more
1 Jul 2019 09:21

Long-Serving Antofagasta Executive Menendez Dies Following Illness

(Alliance News) - Chilean miner Antofagasta PLC on Monday reported the death of Non-Executive Director Gonzalo Menendez after "a period" of illness.Menendez had been a on the and

Read more
11 Jun 2019 17:01

LONDON MARKET CLOSE: FTSE Continues Racking Up Gains As Miners Rally

(Alliance News) - Miners and a well-received set of annual results from hazard detection firm Halma helped the FTSE 100 continue its recent winning streak on Tuesday, though the blue-chip index by

Read more
11 Jun 2019 12:04

LONDON MARKET MIDDAY: Miners Lift FTSE While UK Data Supports Sterling

(Alliance News) - London stocks were enjoying another session in the green on Tuesday as the anticipation of lower interest rates in the US fuelled buying. The FTSE 100 index climbed amid gains by

Read more
11 Jun 2019 10:51

WINNERS & LOSERS SUMMARY: Ted Baker Sinks After Profit Warning

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - up 2.5%, BHP Group, up up a

Read more
11 Jun 2019 08:50

LONDON MARKET OPEN: Ted Baker Continues To Wobble After Founder's Exit

LONDON (Alliance News) - Stock prices in London opened higher on Tuesday as US-China trade war concerns eased and chances of a US rate cut rose, while mid-cap retailer Ted Baker a

Read more
10 Jun 2019 17:12

LONDON MARKET CLOSE: FTSE Climbs As Pound Slides On Weak UK GDP Data

LONDON (Alliance News) - London stocks started the week on firm footing amid a lessening of US-Mexico trade fears, with the FTSE 100 further boosted on Monday by a poor session for the pound on UK

Read more
10 Jun 2019 12:08

LONDON MARKET MIDDAY: US-Mexico Deal Lifts Mood; Pound Dips On UK Data

LONDON (Alliance News) - As fears over another US trade war front receded with a deal agreed between the world's largest economy and Mexico, risk appetite boosted London stocks on Monday.In to

Read more
10 Jun 2019 08:50

LONDON MARKET OPEN: US-Mexico Stand-Down, China Data Lift Share Prices

LONDON (Alliance News) - Stock prices in London opened higher on Monday after US President Donald Trump suspended plans to impose tariffs on Mexico, while miners benefited from positive Chinese up

Read more
31 May 2019 17:10

LONDON MARKET CLOSE: Trump's Mexican Standoff Sees Stocks End Lower

LONDON (Alliance News) - Stocks across the globe were engulfed in a sea of red on Friday, as the US added another front to its trade war, as President Donald Trump took aim at Mexico. Amid the to

Read more
31 May 2019 12:05

LONDON MARKET MIDDAY: Stocks Down As Trump Directs Ire At Mexico

LONDON (Alliance News) - Stock prices in London were sharply lower at midday on Friday, as US President Donald Trump's vowed to impose tariffs on Mexico and weak factory data from China dealt

Read more
31 May 2019 10:46

WINNERS & LOSERS SUMMARY: Whitbread Up On GBP2 Billion Capital Return

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - up 2.1%. Goldman Sachs upgraded the support a

Read more
31 May 2019 08:58

LONDON MARKET OPEN: Miners And Housebuilders Weigh On FTSE 100

LONDON (Alliance News) - Stocks in London were broadly lower, as the FTSE 100 was weighed down by miners reacting to disappointing Chinese economic data and heightened trade tensions, with the US

Read more
28 May 2019 16:57

LONDON MARKET CLOSE: FTSE Slips Back From Earlier Gains To End Lower

LONDON (Alliance News) - The FTSE 100 got off to a sluggish start following the long weekend, with gains for NMC Health and mining stocks unable to stop London's blue-chip in

Read more
28 May 2019 10:40

WINNERS & LOSERS SUMMARY: NMC Health Rises After Upgrading Guidance

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------NMC up

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.