London market see-saws as miners rise but oil falls
Big miners were on the up as the price of copper stabilised
Company
LON:AHT
Ashtead Group is a leading provider of rental equipment with operations in the US and the UK. We provide equipment that lifts, powers, generates, moves, digs, supports, scrubs, pumps, directs, ventilates, whatever the job needs
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Big miners were on the up as the price of copper stabilised
Below are the main news driven share price movements at 4pm.
Big miners were on the up as the price of copper stabilised
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The US seems to be the main driver of growth for equipment rental firm Ashtead.
There are precious few trading updates scheduled from FTSE 350 companies this week.
Investments and investor services
Mining stocks led London lower but Vodafone was a rare bright spot after its results
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The FTSE 100 closed at 6,586, down 45 points on the day and 168 points on the week.
Investments and investor services
The FTSE 100 was 25 points lower at lunch to 6,604
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The magnitude of the Fyffes’ upgrade is significant, Davy says
Fyffes is top banana, while there are upgrades for ASOS, Shell, and Alton Towers owner Merlin
Investments and investor services
The FTSE 100 was lower at lunch to 6,681 as Greece remains in stalemate with its creditors.
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The return of UK inflation, Ashtead Group (LON:AHT) and drugs giant Glaxo (LON:GSK) were topics trending in web world this morning as Footsie was on the slide.
Buoyant equipment hire markets boost rental group profits
Investments and investor services
Investors took a gamble on Ladbrokes while Ashtead fell despite good results.
Hardware & electrical equipment
The FTSE 100 was lower at lunch to 6,681 as Greece remains in stalemate with its creditors.
Investments and investor services
Ashtead and Whitbread lead the equity-related news while UK consumer price index and the start of the Federal Reserve means Tuesday is likely to be busy.
Monetary tightening stateside will be a theme next week but there will also be corporate news to chew over for investors, with, notably Poundland (LON:PLND) and home developer Berkeley (LON:BKGH) set to report.
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The FTSE 100 ended Tuesday almost 31 points down at 6,953 with miners in decline and Greece continuing to weigh on sentiment. Commodities giant Glencore (LON:GLEN) and Anglo American (LON:AAL) both finished among the top five losers despite
Investments and investor services
The FTSE 100 slipped back from this morning’s gains