AFR.L Share News (AFR)

London open: Investors await pivotal OPEC meeting, Brent drops

The UK stock market opened flat on Thursday as investors awaited a jam-packed day full of economic data, policymaker speeches and a pivotal meeting of the Organization of Petroleum Exporting Countries (OPEC). London's FTSE 100 index was down 0.1% at 6,722 in early deals. While US markets will be cl

Sector movers: Oil stocks slide as Brent crude extends four-year lows

A sharp drop in the price of Brent crude to below $80 a barrel sent oil stocks lower on Thursday, with oil prices now at their lowest levels in over four years. Tullow Oil was among the worst performers as a string of brokerages cut their target prices for the stock. 'Big Oil' group Royal Dutch She

MARKET COMMENT: London Closes Higher As Oil Hits Four-Year Low

FTSE 250 movers: Renishaw rises after seeing continued strong demand

Renishaw rose strongly after it reiterated its full-year guidance, saying that it continues to see "strong demand" across its product lines. The British engineering firm expects to achieve revenue between £425m and £445m and adjusted pre-tax profit between £95m and £105m. The group said it is increa

Sector movers: Oil and mining stocks track commodities lower, Brent drops

A sell-off across the commodities market on Tuesday meant that the oil and mining sectors were the worst performers on London's stock market, as falling crude and metal prices prompted concerns about companies' bottom lines. Stocks such as Tullow Oil, BG Group, Afren, Premier Oil, Shell and BP were

UK MIDDAY BRIEFING: Vodafone's 4G Investments Start To Pay

UK WINNERS & LOSERS: Vodafone Gains As It Narrows Guidance

TOP NEWS: Vodafone Set To Launch UK Home Broadband Services

UK MORNING BRIEFING: Renishaw Leads Outperforming FTSE 250

Afren Remains On Track In Nigeria, Set To Deliver Guidance Next Year

Afren reports successful operations at fields offshore Nigeria

Oil and gas exploration and production company, Afren, updated investors on Tuesday on its numerous operations located offshore Nigeria. Both Afren and the company's operating partner, Oriental Energy Resources, announced the installation of a jacket for the Ebok Central Fault Block Extension (CFBx)

FTSE 250 movers: House-builders fall on slower autumn sales

Service companies and house-builders were on the move on Friday after updates from several companies in the sectors. Rat-catching group Rentokil Initial failed to snare investors after it blamed currency headwinds and tough markets in mainland Europe for lower revenue and profits at actual exchan

Thursday broker round-up UPDATE

Amec: UBS cuts target price from 1185p to 1150p, while its buy recommendation remains unchanged. Afren: Liberum Capital cuts target price from 121p to 95p and stays with its hold recommendation. Antofagasta: Canaccord cuts target price from 790p to 760p and reiterates a hold recommendation. Associ

UK BROKER RATINGS: TT Electronics Downgraded By Three Brokers

MARKET COMMENT: Stocks Hit As EU Slashes Growth Forecasts