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Market Reports

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  • London close: Oils and miners depress equities

    Tuesday 08 Jul 2008

    After an opening which saw losses across the board on Footsie London shares recovered well, with a substantial part of the benchmark index’s decline caused by the weakness of mining and oil stocks.

  • London afternoon: M&S leads fightback

    Tuesday 08 Jul 2008

    Footsie is fighting back from its early morning hammering with Marks & Spencer in the vanguard.

  • FTSE 250 movers: Connaught rises after bullish update

    Tuesday 08 Jul 2008

    Connaught is one of the mid-cap index’s best performers after the social housing maintenance specialist said it remains confident of delivering full year results in-line with management expectations after a strong start to the second half.

  • London midday: Recession fears hit shares

    Tuesday 08 Jul 2008

    Miners and financials drag London lower following heavy falls on Wall Street overnight and after the British Chambers of Commerce described the economic situation here as ‘grim and ominous’.

  • FTSE 100 movers: Bid talk sparks M&S revival

    Tuesday 08 Jul 2008

    Marks & Spencer is leading FTSE 100's fightback helped by the two pharmaceutical giants GlaxoSmithKline and AstraZeneca.

  • TechMARK movers: SkyePharma plunges

    Tuesday 08 Jul 2008

    Drug developer SkyePharma has lost a quarter of its value as investors grow impatient at the firm’s failure to make progress with plans to renegotiate or refinance its convertible bonds.

  • London midmorning: Shares stage partial recovery

    Tuesday 08 Jul 2008

    Footsie has staged a partial recovery but still sits deep in the red following heavy falls on Wall Street overnight and after the British Chambers of Commerce described the economic situation here as ‘grim and ominous’.

  • London open: Footsie takes a pasting

    Tuesday 08 Jul 2008

    There is nowhere to hide this morning from the grim economic situation facing the UK. Footsie is down over 130 points to below 5,400 with every stock in the index in the red.

  • London pre-open: Big falls predicted

    Tuesday 08 Jul 2008

    London is tipped to tumble more than 100 points in early dealings after the US turned down late and Asian stocks also had a tough day.

  • London close: Oil price retreat spurs equities

    Monday 07 Jul 2008

    Barely more than a dozen Footsie stocks fell back today as London received an afternoon boost from a strong opening on Wall Street, a smattering of broker tips and a dip in oil prices.

  • London afternoon: Blue chips bounce higher

    Monday 07 Jul 2008

    London's blue chips are pushing on again as the afternoon session gets underway, helped by a smattering of broker tips and a slight dip in oil prices.

  • FTSE 250 movers: Strong order book boosts Morgan Crucible

    Monday 07 Jul 2008

    Engineer Morgan Crucible advances after it saw turnover rise by about 13% in the first half and said it expects its full year performance to be in line with forecasts. On a like for like basis, excluding acquisitions, revenue growth is expected to be 10% in the first half. The group’s order books continue to be strong and are well ahead of this time last year.

  • London midday: Gains trimmed after manufacturing data

    Monday 07 Jul 2008

    Shares remain higher on the day but gains have been trimmed after UK industrial production fell far more than expected in May, leaving the year-on-year figure down by the most since the end of 2005.

  • TechMARK movers: Antisoma gains on trial results

    Monday 07 Jul 2008

    Initial findings from cancer drug developer Antisoma’s phase II trial of AS1411 in relapsed and refractory AML (acute myeloid leukaemia) have been well received today.

  • FTSE 100 movers: Broker boost for Carphone

    Monday 07 Jul 2008

    With little news today, it is broker comment that is generating most activity. Carphone Warehouse still leads the index after Goldman Sachs re-initiated coverage of the mobile phone retailer with a ‘buy’ rating.

  • London midmorning: Footsie holds on

    Monday 07 Jul 2008

    Footsie is just managing to stay in the blue now, with Carphone Warehouse still leading the index higher after Goldman Sachs re-initiated coverage of the mobile phone retailer with a ‘buy’ rating.

  • London open: Blue chips start well

    Monday 07 Jul 2008

    London's blue chips made good gains in the first hour led by bargain hunters while sellers sat on their hands.

  • London pre-open: Decent gains expected

    Monday 07 Jul 2008

    London's blue chips are tipped for decent gains in first dealings with traders suggesting Footsie could be up 30 points early on.

  • London close: Insurers lead decline

    Friday 04 Jul 2008

    London’s blue-chips ended the week on the crest of a slump, with financials leading the way lower.

  • FTSE 100 movers: Friends Provident suffers Lombard blow

    Friday 04 Jul 2008

    Friends Provident led the Footsie fallers on reports that Swiss Re is no longer interested in buying the UK company’s Lombard division. Swiss Life was believed to be the only insurance company interested in buying the division, with only private equity firms now remaining in the race.

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