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
20 Mar 2019 08:44

LONDON MARKET OPEN: Inmarsat Up On Takeover Bid; Kier Slashes Payout

LONDON (Alliance News) - Renewed worries over US-China trade talks send UK share prices lower at the open on Wednesday, with UK inflation readings and a US interest decision due later in the was a

Read more
19 Mar 2019 17:08

LONDON MARKET CLOSE: FTSE's Momentum Continues With Help From Ocado

LONDON (Alliance News) - The FTSE 100's recent winning streak continued on Tuesday, joined by gains elsewhere in Europe and the US."The rally is moving from its 'unstoppable stage to

Read more
19 Mar 2019 12:04

LONDON MARKET MIDDAY: Ocado, Antofagasta And Standard Life Boost FTSE

LONDON (Alliance News) - The FTSE 100 on Tuesday was continuing its positive start to the week, supported by gains for individual reasons by constituents such as Ocado, Standard a

Read more
19 Mar 2019 10:54

WINNERS & LOSERS SUMMARY: Ferrexpo Down As It Finds More Discrepancies

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - up 4.3%. The Chilean copper miner's were

Read more
19 Mar 2019 08:48

LONDON MARKET OPEN: Antofagasta, Ocado And Hikma Send FTSE 100 Higher

LONDON (Alliance News) - Stock prices in London opened mixed on Tuesday, with Antofagasta, Ocado and Hikma Pharmaceuticals driving gains in the a

Read more
19 Mar 2019 08:30

TOP NEWS: Antofagasta Cuts Payout 14% As Cost Send 2018 Earnings Lower

LONDON (Alliance News) - Chilean copper miner Antofagasta PLC on Tuesday said cost increases hurt its annual earnings, prompting a dividend cut.Pretax profit for 2018 was USD1.25 billion, a

Read more
19 Mar 2019 07:43

LONDON MARKET PRE-OPEN: Antofagasta Earnings Slip; Ocado Revenue Rises

LONDON (Alliance News) - Stock prices in London are set for a subdued start on Tuesday, following Asian equity markets lower, as the US Federal Reserve starts its two-day monetary policy meeting a

Read more
12 Mar 2019 16:58

LONDON MARKET CLOSE: Pound Slides Ahead Of May's Likely Brexit Defeat

LONDON (Alliance News) - London stocks ended higher on Tuesday amid a volatile session for the pound, which was trading below the USD1.31 mark ahead of UK Prime Minister Theresa May's likely a

Read more
12 Mar 2019 16:10

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 13 March PrudentialFull Year Results (at 0830 GMT)Wm Morrison SupermarketsFull

Read more
12 Mar 2019 12:03

LONDON MARKET MIDDAY: Pound Falls Back Near USD1.30 Before Brexit Vote

LONDON (Alliance News) - The FTSE 100 was on course for a second session of gains on Tuesday as the pound had a volatile day tracking the latest Brexit updates, sinking sharply after the UK's

Read more
11 Mar 2019 11:55

LONDON MARKET MIDDAY: Stocks In Green; Merger Activity Lifts FTSE 250

LONDON (Alliance News) - London stocks made a strong start to the week, with a softer pound supporting the FTSE 100, while the mid-cap FTSE 250 was lifted by news of a potential tie-up between and

Read more
8 Mar 2019 17:16

LONDON MARKET CLOSE: Dismal US Job Growth Adds To Growth Concerns

LONDON (Alliance News) - Stocks in London ended lower on Friday after disappointing US nonfarm payrolls numbers added to the gloomy picture over the health of the global economy.Financial markets

Read more
8 Mar 2019 12:00

LONDON MARKET MIDDAY: Stocks Down On ECB Gloom And Weak China Data

LONDON (Alliance News) - Stock prices in London were lower on Friday, still reeling after the European Central Bank slashed its economic outlook for the eurozone on Thursday.On the London Stock in

Read more
6 Mar 2019 12:00

LONDON MARKET MIDDAY: Tobacco, Miners Keep FTSE 100 On Winning Streak

LONDON (Alliance News) - London's FTSE 100 index was outperforming European counterparts again on Wednesday amid gains for tobacco stocks and miners. The FTSE 100 index was 13.45 points or at

Read more
25 Feb 2019 08:50

LONDON MARKET OPEN: Miners Boost FTSE 100, As Centamin Drags Down 250

LONDON (Alliance News) - London stock prices were mixed on Monday as positive news about a potential US-China deal were offset by some disappointing UK company updates.The FTSE 100 was 7.58 points

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.