Global News

There is a directional movement on Camco Clean (LSE:CCE), which would be favorable to those who follow the line of the least resistance, i.e. those who flow with the market. This is a bull market and any attempt by the bear to violate the trend would either be momentary or it will backfire. The moth, […]

Agriterra (LSE:AGTA), an AIM listed pan-African agricultural company, has released unaudited results for the year ended 31 May 2013. OVERVIEW · African focussed multi divisional agricultural Group with vertically integrated operations to maximise margins and revenues · Defined investment and development programme to provide foundation for sustainable growth and profitability – focussing on...

The Confederation of British Industry has today published its business vision for a reformed EU. After an in-depth study of the UK’s global future the CBI argues that with emerging markets become increasingly dominant that “the UK must maximise openness to global trade – and the best way of achieving this is as part of […]

Mining giant GlencoreXstrata (LSE:GLEN) and its cousin, Antofagasta (LSE:ANTO) released their production reports for the third quarter today.  Drops in the share price of both companies help to drag the FTSE 100 down from it ethereal heights. Antofagasta shares dropped 3.68% to 864.50, a difference of 33.0 pence.  By comparison GlencoreXtrata shares slid 0.55% to […]

Fitch Ratings says the South Korean structured finance (SF) transactions that it rates are likely to be resilient should South Korean interest rates rise. Fitch expects the asset performance of the transactions to remain satisfactory, in part due to the strong labour market in South Korea. Fitch expects that interest rates will rise gradually because […]

The share price of African Barrick Gold (LSE:ABG) continued to gain ground on the London Exchange today.  A 9.9% increase over yesterday’s close to 186.70 continues a recovery that began on 13 July, when the share price was at 105.10,  and an unabated upward trend that commenced on 14 October.  ABG shares were valued at […]

China New shares (LSE:CNEL) have gotten a new lease of energy after a long period of hopelessness on the side of irrational equilibrium. On a lower timeframe shown below, the price broke upwards, following the recent trendless phase in the market and this is a beginning of a new uptrend. Whenever a trading instrument is […]

Lloyds Banking Group (LSE:LLOY) share price is currently trading 78.19 pence, down slightly from the 80 pence mark it had reached at Friday’s close.  The share price has been climbing steadily through this calendar year, in effect, doubling in value from one year ago.  If the share price continues to remain above 73.6 pence for […]

The storms may be raging this morning, but Aggreko (LSE:AGK) is powering up the FTSE 100 with a 5.3% increase in its share price, a growth of 83.00 pence per share to 1,600.00. Normally, this is where I would say, as others already have, that the increase comes following Aggreko’s release of its interim results […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, This week saw the UK’s FTSE100 Index add a further 100 points (1.5%) to revisit 6,700 as risk appetite remained supported by the US fiscal resolution (albeit short term, be prepared for a re-run), a welcome rebound in China […]