27 Jan Shares in Sage Group (SAGE) are more hardware than software this morning after the company pleased traders with a glowing outlook. On track to meet organic revenue growth of 6% in 2016, performance appears to have been led by Europe where businesses are wallowing in a bath of easy money. Concerns about falling…
Surprise, surprise. Shares in miners of precious metals are topping the UK Index this morning as investors return to what the markets regard as safe ports in a storm. Well they aren’t looking for a hedge for rampant inflation are they? That missing piece of the puzzle is being kept well in check by a…
Aberdeen Asset Management (ADN) is surprisingly resilient this morning after a Q1 trading statement highlighting further net capital outflows (£9.1bn) into end-2015 and management expecting market conditions to remain difficult, with considerable volatility making the flow outlook tricky, especially in Emerging markets. Solace being sought in the slight rise (+2.4%)…
Oil surge powers UK Index higher amid investor relief CityWire – 22 Jan http://citywire.co.uk/money/oil-surge-powers-UK Index -higher-amid-investor-relief/a875500 UK Index rallies as weak China sparks stimulus hopes CityWire – 19 Jan http://citywire.co.uk/money/UK Index -rallies-as-weak-china-sparks-stimulus-hopes/a874677 Market round-up: UK Index and European stocks gain despite slump in crude prices Int. Bus. Times – 18 Jan http://www.ibtimes.co.uk/market-round-UK Index -european-stocks-gain-despite-slump-crude-prices-1538562 Record…
18 Jan 2016 It’s nothing out of the ordinary to see precious metal miner Fresnillo (FRES) and Randgold Resources (RRS) nursing losses this morning, footing the UK index as markets kick off the third week of 2016 on a far more bullish note that the first two, and thus shun…
18 Jan 2016 A lot of this week’s financial market moves have been linked to the continued slip in the price of a barrel of oil, a key commodity whose price serves as a global barometer for growth (it’s used in everything from facial products to Lego bricks) as well as the health of the…