Market movers: Randgold, RBS, RCA Insurance, Domino's Pizza, Wentworth Resources


Miners moved north as precious metal prices picked up, though the FTSE 100 was unable to make gains.

Gold, silver and platinum prices all headed higher, helping the likes of Antofagasta (LON:ANTO), Randgold (LON:RRS) and Fresnillo (LON:FRES) advance.

But London’s leading equity index was flat at 6,932 as RBS and RCA Insurance weighed.

After climbing early on, shares in RBS (LON:RBS) eventually lost ground and were down 11p to 392p after the state-owned lender reported its seventh consecutive annual loss. 

RSA Insurance (LON:RSA) was also at the wrong end, with shares down 14p to 436p despite reporting a profit after tax if £76mln compared to loss net of tax of £338mln a year ago.

Publishing group Reed Elsevier (LON:REL) was another stock at the wrong end, 62p lower at 1,125p. Revenue decreased 4% to £5.7bn from £6bn in prior year. 

It also announced plans to combine its UK and Dutch parent companies in an effort to simplify its corporate structure and "increase transparency" for shareholders.

Mid-capper Domino's Pizza (LON:DOM) shares gained 7% as the firm delivered a tasty set of full-year of numbers, as popular bundle promotions and rising online orders helped the UK’s biggest pizza delivery business.

Ladbrokes (LON:LAD) has revealed plans to cut cost amid falling profits. It is to shut as many as 60 shops in 2015, after 89 sites were closed last year. Investors are still willing to take a gamble, as shares went up 6% to 120p.

In the AIM world, shares in ValiRx (LON:VAL) advanced 9% as it received a UK patent for lead compound VAL201 for endometriosis or hormone induced abnormal cell growth in women.  

Wentworth Resources (LON:WRL) was on the rise, up 10% in early deals. The energy firm expects to significantly increase its gas reserves in Tanzania in the near future.

Herencia Resources (LON:HER) has published a maiden resource for its Picachos project in Chile, which it estimates can cover the first 3-5 years of production from an open pit. Shares advanced 6%.

Surveillance technology group Digital Barriers (LON:DBG) dropped around 15% as the company warned contract delays will mean full year revenues will fall short of expectations.

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