Miners lead gains in London

Miners led the way in London as the FTSE 100 added 0.73 percent to 6,595.8 and the FTSE 250 gained 0.18 percent to 11,390.4. Anglo American (LSE: AAL) was up 2.92 percent to £33.43 and Antofagasta (LSE: ANTO) was 3.25 percent higher to 826p, while Kazakhmys (LSE: KAZ) turned in the best performance on the [...]
Miners mixed in losing day in London

Equities markets in London were lower in Friday trade. The FTSE 100 fell 0.3 percent to 6,466.8 while the FTSE 250 was 0.02 percent lower to 11,037.4. Miners were mixed. Lonmin (LSE: LMI) added 7.39 percent to £36.49 on a rise in platinum prices and on the possibility that Xstrata (LSE: XTA) might be interested [...]
Australia markets higher on miners

In Australia on Monday the Sydney Ordinaries added 1.41 percent to 6,461.1 and the S&P/ASX200 was up 1.47 percent to 6,451.5. The gains came on a report that miner BHP Billiton (ASX: BHP; NYSE: BHP; LSE: BLT) will soon say that it has found a large new deposit of gold in South Australia. BHP added [...]
Tokyo mixed on consumer finance sector declines

Equities markets in the Asia-Pacific region were mixed Thursday, but most managed gains. In Singapore, however, the Straits Times index dropped 1.17 percent to 3,552.46. India’s Sensex was 0.15 percent higher to 16,347.95, while the Kospi index gained 0.33 percent to 1,908.97 in South Korea. The Hang Seng added 0.57 percent to 25,701.13 for another [...]
Global markets soar after US interest rate cut

Asia-Pacific equities markets saw gains, many of them substantial, on Wednesday after the US Federal Reserve decided on Tuesday to cut US interest rates by 0.5 percent to 4.75 percent. The only major exception was the Shanghai Composite, which dropped 0.55 percent to 5,395.26 in China. In Taiwan, the Taiex added 0.3 percent to 8,926.38. [...]
Tokyo markets in losses after holiday

Tokyo’s markets were lower Tuesday as they reopened after Monday’s Respect for the Aged Day holiday. The Nikkei 225 dropped 2.02 percent to 15,801.80, while the Topix index fell 2.19 percent to 1,510.95 and the Mothers market was 2.64 percent lower to 620.42. Banks were lower on continuing fallout from Northern Rock’s (LSE: NRK) problems [...]
Northern Rock shares drop again in London

London’ equities markets saw substantial declines again on Monday. The FTSE 100 was 1.69 percent lower to 6,182.8 and the FTSE 250 dropped 1.91 percent to 10,745.3. Northern Rock (LSE: NRK) was the biggest decliner on the 100 as it fell 35.45 percent to 282.75p, followed closely by Alliance & Leicester (LSE: AL) with a [...]
Steel higher in Europe

The FTSE Eurofirst 300 was 1.02 percent higher to 6,363.9 as European markets made gains on Thursday. Madrid’s IBEX gained 0.7 percent to 14,077.8, the Dax added 0.84 percent to 7,535.97, and the Paris CAC-40 was up 1.05 percent to 5,565.97. Steel-related shares were higher. ThyssenKrupp (FWB: TKA; LSE: THK) gained 1.97 percent to €40.87, [...]
Tokyo markets lower on political upheaval

Asia-Pacific equities markets were mixed Wednesday. Gainers included the Taiex index in Taiwan, which added 0.17 percent to 9,018.12. The Straits Times index gained 0.33 percent to 3,506.09 in Singapore, while the Shanghai Composite was 1.15 percent higher to 5,172.63 and Hong Kong’s Hang Seng was up 1.49 percent to 24,310.14. On the other hand, [...]
US jobs data hurts Asia-Pacific markets

Equities markets in the Asia-Pacific region were mixed on Monday, with losers outnumbering gainers. Many markets were hurt by news that there were fewer jobs in the United States in August as well as on new data showing that Japan’s economy contracted by an annualized rate of 1.2 percent in the second quarter of the [...]