09 mar: Af jord er du kommet - Til stjernerne fare
15 mar: Euroinvestor og Saxo Bank lancerer ny fælles aktiehandelsplatform..
10-03-2010 18:08:43

Commodities and banks help FTSE gain

A woman is seen through a car window as she walks past the London Stock Exchange
Relateret indhold

By Jon Hopkins

LONDON (Reuters) - The leading share index added 0.7 percent on Wednesday, buoyed by strength in commodity issues, supported by trade data from China, and in banks and insurers as Wall Street put in an early advance.

At the close, the FTSE 100 was 38.27 points higher at 5,640.57, a 20 month peak, at levels not seen since June 2008. The blue chip index remained over 60 percent above levels hit almost exactly a year ago when the market reached a trough.

"Wall Street came in with some early gains and stirred the FTSE from an earlier torpor late afternoon," said Mic Mills, senior trader at ETX Capital.

"But aside from strength in heavyweight commodity issues there really looks to be little underlying the advance and with new multi-month peaks being struck, investors might start to find the air getting a bit rarified at these levels," Mills added.

Miners saw the biggest demand as copper prices rose after data showed Chinese exports and imports grew faster than expected in February raised hopes for a global economic recovery.

Fresnillo (Fresnillo (WI) ORD USD0.50 (WI), Xstrata (Xstrata PLC ORD USD0.50), Lonmin (Lonmin PLC), Vedanta Resources (Vedanta Resources PLC Ord USD0), and Rio Tinto (RIO Tinto PLC ORD 10P) were among the best performers, ahead 1.8 to 3.2 percent.

Energy issues were higher supported by a rally in crude prices, which rose above $82 a barrel after a U.S. government oil inventory report showed an unexpected drop in gasoline stockpiles.

Royal Dutch Shell (Royal Dutch Shell PLC 'A' Ord), BG Group , BP (E:BP) and Cairn Energy (Cairn Energy PLC ORD 231/169P) gained 0.8 to 1.5 percent.

But oil explorer Tullow Oil (Tullow OIL PLC ORD 10P) missed out, losing 0.3 percent after it posted a 92 percent fall in 2009 net profit.

Banks were higher, with global heavyweight HSBC (Hsbc Hldgs.Uk ORD $0.50 (UK RE) up 0.7 percent, while part-nationalised lenders Royal Bank of Scotland (Royal Bank of Scotland Group P) and Lloyds Banking Group (Lloyds Banking Group PLC ORD 1) gained 3.9 percent and 3.6 percent, respectively.

Standard Chartered (Standard Chartered PLC ORD USD) added 0.5 percent in spite of the stock trading ex-dividend on Wednesday.

Barclays (Barclays PLC) gained 0.6 percent. The bank was said to be looking to buy a retail bank in the United States to extend its presence after acquiring Lehman Brothers' North American operations in 2008, the Wall Street Journal reported.

Among individual risers, inter-dealer broker ICAP (Icap PLC Ord 10p) jumped 4.5 percent higher excited by news its mid cap peer Tullett Prebon (Tullett Prebon ORD 325P) was in preliminary offer talks.

Tullett shares surged 25.7 percent higher, topping the FTSE 250 index leader board with Australia's Macquarie and Bank of China mentioned as possible predators.

British Airways (British Airways PLC ORD 25P) gained 3.7 percent after it, American Airlines (AMR) and Spain's Iberia offered to cede a number of lucrative trans-Atlantic slots in a bid to gain EU antitrust immunity for their alliance.

U.S. blue chips were marginally higher by London's close, up 0.1 percent as a number of merger and acquisition deals offset an unexpected drop in January wholesale inventories.


British American Tobacco (British American Tobacco PLC O) was the biggest faller on the FTSE 100, down 3.1 percent as it traded ex-dividend. Admiral , Schroders (Schroders PLC VTG SHS £1), Serco Group (Serco Group PLC), Shire (Shire ORD 5P), and TUI Travel all lost their dividend attractions too.

Defensively-perceived stocks were the main drag on the FTSE 100 index. Drugmakers AstraZeneca (Astrazeneca PLC ORD SHS $0.25) and GlaxoSmithKline (GlaxoSmithKline PLC) both shed 0.1 percent.

Food retailers were weak, with Wm Morrison Supermarket (Morrison (WM) Supermarkets PLC) off 0.2 percent ahead of results due on Thursday. Peers Tesco (Tesco PLC) and Sainsbury (SAINSBURY(J) ORD 28 4/7P) both lost 0.3 percent.

General retailers were weak as well, with Marks & Spencer (Marks & Spencer Group PLC) down 0.6 percent and Kingfisher (Kingfisher PLC) off 0.8 percent.

Sterling skidded to one-week lows against the dollar and euro on Wednesday after data showing an unexpected fall in British manufacturing hit a market already reeling from political and economic worries.

(Editing by Mike Nesbit)

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg


Høreapparater/Bernstein: Siemens-køb muligt for både GN og WDH

22-10-2014 16:40:02
Det er ikke helt utænkeligt, at en af de to store danske høreapparatproducenter, William Demant Holding og GN Resound, vil kunne absorbere et opkøb af tyske Sie..

Genmab venter royalties fra Arzerra-salg på 27 mio. kr. i Q3

22-10-2014 13:11:49
Genmab regner med at modtage royalties på cirka 27 mio. kr. fra Glaxosmithklines salg af Arzerra i tredje kvartal.Det meddeler Genmab i forbindelse med, at Glax..

Nordea Danmark sværger troskab til Swipp

22-10-2014 11:07:17
Selvom storbanken Nordea nu sætter gang i en storstilet it-offensiv, der skal strømline den pannordiske banks systemer på tværs af landegrænser, så er der ingen..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
Bavarian/Nordea: Ebola-aftale er veltimet, værdifuld og vigtig
Bavarian overrasker med foreløbigt regnskab
Bavarian hopper på ebola meddelse
Aktier/åbning: Bavarian tordner i vejret
Al-Qaeda blæser til kamp mod vestlige olietankere

Relaterede aktiekurser

Barclays PLC 223,40 0,0% Aktiekurs uændret
British American Tobacco.. 3.375,00 0,0% Aktiekurs uændret
Cairn Energy PLC ORD 231.. 157,40 0,0% Aktiekurs uændret
Hsbc Hldgs.Uk ORD $0.50 .. 631,10 0,0% Aktiekurs uændret
Kingfisher PLC 293,75 0,0% Stigning i aktiekurs
Lloyds Banking Group PLC.. 75,84 -0,1% Fald i aktiekurs
Marks & Spencer Group PL.. 419,00 -0,2% Fald i aktiekurs
Morrison (WM) Supermarke.. 157,90 0,0% Aktiekurs uændret
RIO Tinto PLC ORD 10P 3.089,50 0,0% Aktiekurs uændret
SAINSBURY(J) ORD 28 4/7P 241,60 0,0% Aktiekurs uændret
Schroders PLC VTG SHS £1 2.297,00 0,0% Aktiekurs uændret
Serco Group PLC 292,50 0,0% Aktiekurs uændret
Standard Chartered PLC O.. 1.095,50 0,0% Aktiekurs uændret
Tesco PLC 183,00 0,0% Aktiekurs uændret
Tullow OIL PLC ORD 10P 527,06 -0,1% Fald i aktiekurs
Lonmin PLC 181,90 0,0% Aktiekurs uændret
Astrazeneca PLC ORD SHS .. 4.316,50 0,0% Aktiekurs uændret
GlaxoSmithKline PLC 1.330,94 -3,4% Fald i aktiekurs
Icap PLC Ord 10p 406,30 0,1% Stigning i aktiekurs
Royal Bank of Scotland G.. 364,40 0,0% Aktiekurs uændret
Vedanta Resources PLC Or.. 828,00 0,0% Aktiekurs uændret
Royal Dutch Shell PLC 'A.. 2.183,65 -0,1% Fald i aktiekurs
Tullett Prebon ORD 325P 277,10 0,0% Aktiekurs uændret
Fresnillo (WI) ORD USD0... 784,00 0,0% Aktiekurs uændret
Shire ORD 5P 3.894,88 -0,2% Fald i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
23. oktober 2014 01:57:12
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20141015.1 - EUROWEB5 - 2014-10-23 01:57:12 - 2014-10-23 01:57:12 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her