Investments and investor services
FTSE100 opens lower despite BP gains
Early deals were dominated by corporate news, with BP reporting a US$1.8bn profit for the third quarter.
Company
LON:RIO
Rio Tinto Ltd is a leading international mining group that finds, mines and processes the earth's mineral resources. The Group's major products include aluminium, copper, diamonds, energy products, gold, industrial minerals (borates, titanium dioxide, salt and talc), and iron ore. Its activities span the world but are strongly represented in Australia and North America. There are also significant businesses in South America, Asia, Europe and southern Africa.
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Investments and investor services
Early deals were dominated by corporate news, with BP reporting a US$1.8bn profit for the third quarter.
The mining royalty specialist reminded investors it will pay a 4p per share interim dividend in February next year.
Investments and investor services
The FTSE100 ended 25 points lower to 6,352 as oil stocks also made an appearance near the bottom of the index.
Investments and investor services
The FTSE 100 Index pared gains to stand 16.06 points adrift at 6361
Miners had good news last week despite global economic turmoil
Canaccord Genuity kept the faith with Rio Tinto after the miner's moderately disappointing third quarter
Investments and investor services
The FTSE100 pushed on throughout the afternoon, ending around 40 points higher to 6,378.
Footsie rose 28 points to 6,366 on hopes that US will delay interest rate hikes
RIo said mined copper production in the third quarter fell 24%
Investments and investor services
A Shire spokesperson said: "We don't comment on rumour/speculation."
The FTSE 100 Index climbed 60.9 points to 6330 by lunchtime
Pace of sales growth in emerging markets remains high for Unilever - we will see how the rest of the business is faring later.
Investments and investor services
Global markets have been in a malaise all day after dismal Chinese trade data on Tuesday.
China's imports fell about a fifth in September, data showed
Morgan Stanley moves its recommendations for London-listed miners up a notch
Investments and investor services
Rolls Royce and the miners both dragged the index lower today.
Investments and investor services
There were a number of news items out from the small caps to kick-off the week.
Investments and investor services
The Footsie fell 35.39 points to 6,380 as bullish sentiment disappeared