Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRio Tinto Share News (RIO)

Share Price Information for Rio Tinto (RIO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 5,201.00
Bid: 5,207.00
Ask: 5,209.00
Change: 25.00 (0.48%)
Spread: 2.00 (0.038%)
Open: 5,170.00
High: 5,248.00
Low: 5,170.00
Prev. Close: 5,176.00
RIO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

British equities rise as travel stocks rally after China lifts travel curbs

Thu, 10th Aug 2023 17:30

China eased travel restrictions

*

Better than expected U.S. CPI data

*

Rio Tinto, banks stocks weigh on ex-dividend trading

*

FTSE 100 up 0.4% FTSE 250 adds 0.3%

Aug 10 (Reuters) - UK stocks closed at a one-week high on Thursday boosted by travel and luxury companies as China lifted pandemic-era curbs on foreign group tours, while a moderate increase in U.S. July inflation data boosted gains.

The FTSE 100 index added 0.4% while more domestically-focused FTSE 250 stocks rose 0.3%.

Travel and leisure shares rose 1.4% as China lifted bans on group tours for more countries, including Britain.

"This is huge for travel companies, which are in desperate need of a boost as they've been severely impeded for many years now. This is another step to return to normality," said Michael Baker, head of UK premium clients, at Capital.com.

Adding to the optimism, U.S. inflation increased moderately in July amid lower costs for goods, fuelling hopes the Federal Reserve could leave interest rates on hold next month.

The personal goods index was the session's biggest gainer, rising 2.9%, led by British luxury fashion brand Burberry Group after Bernstein increased price target on the stock.

Shares of Persimmon gained over 2.2% after the UK housebuilder said it expects annual profit to be in line with expectations.

Banks stocks Barclays, Natwest Group, HSBC Holdings were down between 0.6% and 1.2% as they traded ex-dividend.

Industrial metal miners fell 1.0%, with Rio Tinto's 3.3% drop weighing on the sector as the mining company's shares traded ex-dividend.

Among the companies reporting results, Deliveroo gained 3.5% as the food delivery firm lifted its earnings guidance for current financial year.

Savills dipped 10.7% after the real estate adviser "reduced" its annual expectations as it posted a 72% slump in half-year profit.

Petrofac slipped 4.5% after UK oilfield services provider reported a half-yearly loss.

Spirax-Sarco shares fell 2.3% after it reported first-half profit and revenue below expectations. (Reporting by Siddarth S, Shreyashi Sanyal, Rupali Chaudhary and Khushi Singh in Bengaluru; Editing by Savio D'Souza, Janane Venkatraman and Jane Merriman)

More News
1 Mar 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 up despite housebuilders disappointing

(Alliance News) - The FTSE 100 in London were higher in London on Wednesday around midday, as mining stocks helped boost the index after some disappointing news for housebuilders.

Read more
1 Mar 2023 11:32

Empire Metals hires former Rio Tinto geologist as exploration manager

(Alliance News) - Empire Metals Ltd on Wednesday said it hired former Rio Tinto PLC geologist Andrew Faragher as its new exploration manager with immediate effect.

Read more
1 Mar 2023 09:07

LONDON MARKET OPEN: Miners lift FTSE 100 as housebuilders fall

(Alliance News) - Positive data on the factory sector in China lifted London-listed mining stocks at Wednesday's open, helping to offset a decline in housebuilders to keep the FTSE 100 positive.

Read more
27 Feb 2023 17:55

Stellantis invests $155 mln in Argentine copper mine

ROME, Feb 27 (Reuters) - Carmaker Stellantis said on Monday it had invested $155 million to buy a minority stake in a copper mine in Argentina as part of its global push to secure raw materials for electric vehicle batteries.

Read more
24 Feb 2023 17:20

FTSE 100 posts worst week of the year, Cineworld plunges over 40%

Wall St drops after hot inflation data

*

Read more
23 Feb 2023 09:40

LONDON BROKER RATINGS: Berenberg cuts BP to 'hold' from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
22 Feb 2023 16:55

LONDON MARKET CLOSE: Stocks fall on interest rate worries before Fed

(Alliance News) - Stock prices in Europe closed largely lower on Wednesday, with elevated US interest rate expectations hitting equities again, while share price slides for the London-listed mining sector ensured the FTSE 100 suffered steeper a decline than its peers.

Read more
22 Feb 2023 12:12

LONDON MARKET MIDDAY: Miners sold as worries about hard-landing grow

(Alliance News) - Stock prices in London were deep red at midday on Wednesday, with mining stocks suffering particularly badly, amid concern about rising interest rates.

Read more
22 Feb 2023 11:44

shaped recovery in European equities "implausible" for now - UBS

STOXX 600 down 0.8%

*

Read more
22 Feb 2023 11:31

Only half the STOXX yields more than bonds

STOXX 600 down 0.8%

*

Read more
22 Feb 2023 10:43

CORRECT: Rio Tinto joins peers in cutting dividend on iron ore prices

(Correcting iron portside sales in China were up in 2022 from 2021.)

Read more
22 Feb 2023 10:36

Favour Europe over Wall Street, Barclays says

STOXX 600 down 0.9%

*

Read more
22 Feb 2023 09:38

A sea of red as miners drag

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

Read more
22 Feb 2023 09:11

LONDON MARKET OPEN: Miners fall; mood sombre before Fed minutes

(Alliance News) - Stock prices in London opened lower, with mining stocks leading the decline, as a risk-off mood swept over global equities after a sell-off on Wall Street.

Read more
22 Feb 2023 08:33

Rio Tinto slashes dividend as profit plunges on slower China demand

2022 underlying earnings $13.3 bln vs forecast $13.8 bln

*

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.