Commodity stocks subside as broker predicts price falls
Speculators may be driving prices to artificially high levels, says Barclays
Company
LON:AAL
Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. The company's portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning it to deliver into structurally attractive major demand growth trends.
964 stories · page 34 of 49
Speculators may be driving prices to artificially high levels, says Barclays
Ascent Resources topped the small cap leader boards amid confirmation of a possible merger with Ukraine focussed Cadogan Petroleum.
Investments and investor services
The FTSE 100 Index made small gains but the small-cap benchmark eased lower
The LSE/Deutsche Boerse merger reared its head once again as the deadline approaches.
Standing at 3,364 the FTSE AIM 100 closed sharply higher, up 86 points or 2.65%.
Ithaca Energy is said to be among the oil stocks most levered to any crude recovery, but Barclays Capital downgraded the oil field developer which has doubled in value recently.
Archive
Small cap miners were in favour today, despite the fall in metals prices and in oil, but the general market trend was lower.
Investment bank's analysts believe metal price rises are unsustainable
Don’t tell Goldman Sachs, but, mining stocks were the top performers in the small cap market so far today.
Investments and investor services
Anglo American, Randgold Resources, Amerisur Resources, Barclays, HSBC, and Hunting were all in the broker spotlight on Monday.
Here are some significant movers at around 4.15pm ...
Archive
Britain's blue chips closed almost 69% higher with miners the big winners as traders digested a mixed jobs report from across the pond.
Metals prices are on the up taking mining stocks with them
Miners were doing much of the heavy listing in early trading
Archive
It was almost back to square one for the Footsie, with miners leading the rally
The Footsie gave up early gains to stand 18 points off at 6134 in lunchtime trading
Investments and investor services
The Footsie rose as Asian markets ignored a report from credit rating Moody's downgrading China's outlook
Below are some of the main news-driven changes in London at 4.15pm