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London close: Stocks tumble on Powell comments as GDP stagnates
(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.
Read moreWed, 15th Jul 2020 13:05
(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Sharecast News) - London's stock markets experienced a mixed day of trading on Wednesday after a robust performance from the retail sector, led by gains from Marks and Spencer.
Read more(Alliance News) - London's FTSE 100 is called to open lower on Wednesday, with equities on the back foot after more hawkish comments from a US central banker.
Read more(Alliance News) - Anglo American PLC on Wednesday reported that rough diamond sales at De Beers plunged as the group cut stock due to tough economic challenges and factory closures in India.
Read more(Sharecast News) - Mining giant Anglo American saw another big slide in diamond sales at its latest tender of De Beers, blaming continuing macroeconomic "challenges".
Read more(Alliance News) - The FTSE 100 in London closed slightly lower on Tuesday, as miners and oil firms continued to drag down the index throughout the day.
Read more(Alliance News) - European equities were mixed heading into Tuesday afternoon, with weaker China data and doubts over the US interest rate outlook weighing on the mood.
Read more(Alliance News) - A subdued start to the week for European equities continued on Tuesday, with hawkish words from a US central banker supporting the dollar and making some rethink their interest rate outlook for the Federal Reserve.
Read more(Alliance News) - Weir Group PLC on Wednesday reiterated its full-year guidance on some "good" progress during the third quarter of 2023.
Read moreArc Minerals Ltd - Africa-focused base metals exploration company with projects in Zambia and Botswana - Satisfies "substantive" regulatory conditions regarding its joint-venture agreement with a subsidiary of Anglo American PLC, as previously announced regarding copper interests in northwestern Zambia. Says the two parties have completed the subscription of shares in the joint venture company, resulting in a 70% interest being acquired by Anglo American and a 30% interest being acquired by Unico Minerals Ltd, a 67%-owned subsidiary of Arc Minerals. Also notes drilling at one of the key joint venture licences has begun. Says certain minor procedural conditions are in the process of being satisfied after which the JVA will become unconditional. These remaining conditions are expected to be satisfied within the next two weeks, Arc Minerals says.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read more(Sharecast News) - Analysts at Berenberg cut their target price on Anglo American on Wednesday from 2,600.0p to 2,500.0p, saying the miner's third-quarter production results had sparked "little joy".
Read more(Alliance News) - Anglo American PLC on Tuesday reported a mixed production performance for the third quarter of 2023 as strong copper output growth in Chile was contrasted by challenges arising from maintenance, low grades and mining challenges at other operations.
Read more(Sharecast News) - Multi-metal mining giant Anglo American has cut copper production guidance for the full year, but said it remains on track to his all other output targets.
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