15 nov: LES LIEFFROYS: En perle ved Nyborg
17 nov: Top 10: Danmarks dyreste lejligheder
15-11-2010 18:19:38

FTSE lifted by commodities, banks, U.S. retail data

Relateret indhold

By Jon Hopkins

LONDON (Reuters) - A rise in commodity shares and banks hauled the leading share index higher on Monday, with better than expected U.S. retail sales numbers also helping, providing a boost to global recovery hopes.

At the close the FTSE 100 was up 23.54 points, or 0.4 percent at 5,820.41, nearer the session peak of 5,832.88 than the intraday low of 5,755.68.

Miners were a strong factor in the gains as the sector recovered after recent falls, helped by improved prospects for the U.S. economy.

Lonmin (Lonmin PLC ORD USD0.0001) stood out, up 4 percent, as the platinum producer posted a swing to full-year profit and restarted dividends, prompting JP Morgan to raise its rating to "neutral" from "underweight."

BHP Billiton (BHP Billiton PLC ORD $0.50) added 1.8 percent after the miner scrapped its $39 billion (24 billion pounds) bid for Canada's Potash Corp (Potash Corporation of Saskatch), and revived a $4.2 billion share buyback plan instead.

U.S. shares were up by London's close with the Dow Jones Industrials index 0.5 percent ahead, supported by some merger activity and October retail sales numbers which pointed to an economy that might be gaining strength.

"The good U.S. data has helped push the underlying market worries aside for the moment, although European debt concerns remain, and the underlying mood continues to be volatile," said Mic Mills, head of electronic trading at ETX Capital.

Integrated oils also gained in London as the crude price firmed, with Royal Dutch Shell (Royal Dutch Shell PLC 'A' ORD) up 0.4 percent.

BP added 0.6 percent as the firm, which is in the process of raising $25 billion to $30 billion by the end of 2011 to help pay for its Gulf of Mexico oil spill, agreed to sell its southern Africa forecourt network.

Explorer Tullow Oil (Tullow OIL PLC ORD 10P) was strong, up 1.4 percent after Anadarko Petroleum (Anadarko Petroleum Corporation) said its Mercury-1 oil well located in the waters off the Sierra Leone coast, in which Tullow has a 10 percent stake, encountered oil.

BANKS BOUNCE

Banks edged up as European debt concerns faded slightly, with partly state-owned Royal Bank of Scotland (Royal Bank of Scotland Group P) and Lloyds Banking Group up 1 percent and 0.4 percent respectively.

But industrial controls and engineering group Invensys (Invensys PLC ORD 12.5P) was the top blue chip gainer, ahead 9.1 percent. The firm said on Monday it was not in offer talks, after Chief Executive Ulf Henriksson had been quoted as suggesting in an interview with the Daily Telegraph on November 13 that China Southern Rail could do a deal if the price was right.

Rolls-Royce , however, topped the list of FTSE 100 fallers, down 2.3 percent following a media report that the company might have to replace another 29 of its Trent 900 engines on Airbus A380 superjumbos after one caught fire on a Qantas flight two weeks ago.

Drugmakers were the main curb on blue chip sentiment, with AstraZeneca (Astrazeneca PLC ORD SHS $0.25) down 0.7 percent and GlaxoSmithKline (Glaxosmithkline PLC ORD 25P) off 0.1 percent as defensively-perceived issues fell back.

(Editing by Greg Mahlich)

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Zealand Pharma kan se frem til milepælsbetaling på 4 mio. euro

22-08-2017 16:00:43
Zealand Pharma kan se frem til at modtage 4 mia. euro (30 mio. kr.) som en milepælsbetaling, efter at selskabets tyske partner, Boehringer Ingelheim, har annonceret igangsætningen af to fase-1-studier med et midler udviklet af det danske biotekselskab.De to studier skal vise mulighederne for anvendelsen af medikamenterne til behandling af fedme og/eller diabetes. Det gælder blandt andet lægemiddel..

Matas/Danske: Regnskab med lavere omsætning var forventet

22-08-2017 13:53:03
Matas' regnskab for første kvartal i det forskudte regnskabsår 2017/2018 var som forventet.Det vurderer Poul Ernst Jessen, senioranalytiker i Danske Bank.- Regnskabet er som forventet. Det eneste overraskende er ledelsesændringen, siger Poul Ernst Jessen.Materialistkædens omsætning faldt 3,2 pct. til 820,9 mio. kr., mens driftsresultatet (EBITA) var 119 mio. kr. Danske Bank forventede en omsætning..

Mærsk: Oil-salg får analytikerne til at rykke på kursmålene

22-08-2017 11:39:54
Analytikerne har primært reageret positivt på A.P. Møller-Mærsks salg af Maersk Oil.Olie- og gasdivisionen sælges til franske Total for 7,45 mia. dollar, eller 47 mia. kr., og det var mere, end de fleste analytikere havde forudset. Den ekstra værdi lægges derfor i mange tilfælde oven i aktiekursen.Eksempelvis har Nykredit lagt 400 kr. til kursmålet alene fra Oil-salget, der var 8 mia. kr. over ana..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Mærsk: Oil-salg får analytikerne til at rykke på kursmålene
2
Bavarian får godkendt aftale med Janssen af amerikanske myndigheder
3
Aktier/tendens: Jyske Bank, Matas og Unibrew tager overskrifterne
4
Tirsdagens aktier: Pandora tog revanche og stor stigning i C20 Cap
5
Zealand Pharma kan se frem til milepælsbetaling på 4 mio. euro

Relaterede aktiekurser

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2017  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
23. august 2017 02:44:39
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20170821.2 - EUROWEB2 - 2017-08-23 02:44:39 - 2017-08-23 02:44:39 - 1 - Website: OKAY