Footsie ends the week in profit as US stocks extend rally
Concerns over "the Donald" appear to be easing, and investors took the opportunity to return to equity markets
Company
LON:ANTO
Antofagasta is a Chilean-based copper mining group with interests in transport and water distribution. It is listed on the London Stock Exchange and has been a constituent of the FTSE-100 index since 2004.The Group creates value for its shareholders through the discovery, development and operation of copper mining operations. It is committed to sustainable development, embedding safety and sustainability throughout its operations. In the conduct of its activities, it places great importance on health and safety, management of human resources, community relations and environmental matters.
513 stories · page 15 of 26
Concerns over "the Donald" appear to be easing, and investors took the opportunity to return to equity markets
"Ball Creek carries significant district-scale exploration potential for gold-rich copper porphyry deposits..," the group said
The UK blue chip index closed at 7,454, below the new intra-day peak of 7,460.20, but above the previous high of 7,447 hit in March
Investments and investor services
The Footsie was back in black - but only just - thanks to precious metals miners
The UK blue chip index finished 41 points higher at 7,342, retreating from the session peak of 7,359 but still well above the day’s low of 7,300
The bear market recovery is now unwinding in the mining sector and fundamentals are once more coming to the fore.
Friday was a bit of a wash-out, with the Footsie ending little changed after a rough week
The UK prime minister has announced a snap general election for 8 June
Investments and investor services
Analysts said there appeared to be some confidence returning to London
Donald Trumps healthcare bill is in Congress, his first big test as President
Investments and investor services
FTSE 100 stocks ended solidly higher on Thursday after chalking a fresh record high as investors reacted to a tempered rate hike outlook in the US and relief at the defeat of the anti-immigration Freedom party in the Dutch election
FTSE 100 shares ended higher on Wednesday, thanks to buoyancy in the pharma and mining sectors while a US rate card was considered in the bag, priced and sold on the market
Antofagasta has hiked its total dividend to 18.4c per share from 3.1c after achieving growth in full year profit and production
Archive
investors will be scanning full-year results from Chilean copper producer Antofagasta, due on Tuesday, for progress on the expansion of its Los Pelambres asset
Investments and investor services
Around 3.30pm, the FTSE 100 index was up almost 28 points at 7,371, just below the day’s best level of 7,376, having only hit a low of 7,342