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Pin to quick picksRio Tinto Share News (RIO)

Share Price Information for Rio Tinto (RIO)

London Stock Exchange
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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 -

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

Thu, 10th Aug 2023 17:30

China eased travel restrictions

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Better than expected U.S. CPI data

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Rio Tinto, banks stocks weigh on ex-dividend trading

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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)

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20 Jan 2023 12:06

LONDON MARKET MIDDAY: Sunny outlook for commodities lifts FTSE 100

(Alliance News) - Stock prices in London were higher at midday on Friday, with the FTSE 100 lifted by strength from mining and oil stocks amid a bright outlook for commodity demand.

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20 Jan 2023 09:02

LONDON MARKET OPEN: FTSE 100 lifted by commodities despite UK gloom

(Alliance News) - Stock prices in London opened higher on Friday morning, despite UK retail sales unexpectedly falling in December and consumer confidence dropping to a historic low, with miners and oil companies again providing a much-needed lift to the FTSE 100.

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18 Jan 2023 19:25

Sector movers: Automobiles drag on stocks, miners track copper higher

(Sharecast News) - Automobiles paced losses on the stock market in the middle of the week after TI Fluid Systems warned that its fourth quarter revenues took a hit from Covid restrictions and a switch to electric vehicles in China.

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18 Jan 2023 09:47

LONDON BROKER RATINGS: Bank of America and Oddo BHF cut Whitbread

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

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17 Jan 2023 09:08

TOP NEWS: Rio Tinto wary of volatility, but guidance remains unchanged

(Alliance News) - Rio Tinto PLC on Tuesday maintained its guidance for the year ahead, after ending its fourth quarter with production slightly up on last year.

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17 Jan 2023 07:02

Rio Tinto warns of risks from China as Q4 iron ore shipments rise

(Sharecast News) - Mining giant Rio Tinto said China's dismantling of Covid-19 restrictions raised risks of labour and supply-chain shortages as it reported a 4% increase in iron ore shipments in the fourth quarter.

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16 Jan 2023 23:45

Rio Tinto sees increased volatility as China reopens

MELBOURNE, Jan 17 (Reuters) - Rio Tinto on Tuesday said that China's reopening from COVID-19 restrictions is set to raise near-term risks of labour and supply-chain shortages, while it also flagged a strong start to iron ore shipments for 2023.

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16 Jan 2023 21:26

Rio Tinto's quarterly iron ore shipments rise 3.8%

Jan 17 (Reuters) - Rio Tinto on Tuesday said its shipments of iron ore rose slightly in the final quarter of 2022, benefiting from a continued ramp-up at its Gudai-Darri mine in Western Australia.

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16 Jan 2023 16:39

STOXX ends at 9-month high

STOXX 600 up 0.5%

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16 Jan 2023 15:27

China's reopening is 50-70% priced in, says UBS

STOXX 600 up 0.5%

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16 Jan 2023 12:28

IN BRIEF: Bluejay Mining starts 2023 exploration programme in Finland

Bluejay Mining PLC - Mineral exploration and development company in Greenland and Finland - Says first drill programme of 2023 at Enonkoski nickel-copper-cobalt project in eastern Finland starts. The drilling is part of a joint venture and an earn-in agreement with Rio Tinto PLC. "The first exploration programme of 2023 at Enonkoski will consist of 1,000 metres to 1,500 metres of follow-up diamond drilling at the Laukunlampi target located approximately two kilometres south-east of the historic Laukunkangas nickel-copper-cobalt mine," Bluejay says.

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16 Jan 2023 12:20

LONDON MARKET MIDDAY: Stocks firm ahead of BoJ decision, UK inflation

(Alliance News) - Stock prices in London were broadly higher at midday on Monday as market optimism remained positive.

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16 Jan 2023 09:23

European shares rise tentatively

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

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13 Jan 2023 21:15

Brazil should work with other countries to curb illegal gold trade, says mining lobby

RIO DE JANEIRO, Jan 13 (Reuters) - Brazil's mining lobby group asked the country's foreign ministry to work with other governments to improve tactics used to combat the illegal gold trade, it said on Friday.

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12 Jan 2023 12:44

Barclays downgrades Antofagasta, upgrades Rio

(Sharecast News) - Barclays downgraded Antofagasta but upgraded Rio Tinto on Thursday as it took a look at European metals and mining stocks, arguing that the China pivot has room to run.

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