LSE Market News

ADVFN Morning London Market Report: Thursday 25 August 2016

25 Aug 2016 @ 10:56
London open: Shares drift lower amid lack of fresh catalysts London stocks dipped at the start of trading following a downbeat session overnight in the US and mixed trading in Asia. As of 0826 BST the FTSE 100 was trading 34.12 points lower than Wednesday’s close at 6,801.66, with much focus around the world on […]

Would Koovs Go Up Again?

25 Aug 2016 @ 00:55
Koovs shares (LSE:KOOV) were bullish from March till the end of July 2016, allowing a clean Bullish Confirmation Pattern to be formed in the chart as depicted by the indicators mentioned below. However, something is currently happening… The ADX period 14 is below the level 20, while the DM+ remains above the DM-. This means […]

Global Energy Development: BUY

25 Aug 2016 @ 00:47
Global Energy Development stock (LSE:GED) has started going upwards, and this has led to a bullish signal in the chart, which would hold out for the next several months. From March till the end of July 2016, price was coming down, but things have changed right now. Price is above the EMA 21 and the […]

ADVFN Morning London Market Report: Wednesday 24 August 2016

24 Aug 2016 @ 09:22
London open: Stocks slip at start of trading Stocks started the session lower on Wednesday following a mixed session in Asia and amid weak oil prices. Also weighing on shares was renewed Fedspeak overnight, as Dallas Fed governor Robert Kaplan reiterated his stance that another rate hike could be justified if the US labour market […]

ADVFN Morning London Market Report: Tuesday 23 August 2016

23 Aug 2016 @ 09:51
London open: Stocks rise ahead of PMIs, Yellen speech London stocks rose on Tuesday as investors awaited manufacturing data and looked ahead to a key speech by Federal Reserve chair Janet Yellen. At 0821 BST the FTSE 100 rose 0.54% to 6,864.99 points. First up, Markit releases its eurozone manufacturing and services purchasing managers’ indexes […]

88 Energy: Plenty to ponder in the interim results

22 Aug 2016 @ 21:17
88 Energy (LSE:88E) announced keenly-read interim results on Monday morning. While it’s hard to put a value on the shares at the company’s current stage of development, there are clear milestones ahead for future changes in valuation. For anyone unfamiliar with the business: it has a 77.5% working interest in Project Icewine, on the North […]

ADVFN Morning London Market Report: Monday 22 August 2016

22 Aug 2016 @ 10:39
London open: Hawkish Fed-speak weighs on Footsie at start of the week London’s top flight index dipped lower at the start of trading as investors digested some hawkish ‘Fed-speak’ over the weekend, with little else to guide them in terms of fresh corporate news or economic data. Speaking on Sunday, US Federal Reserve vice chairman […]

Tullow Oil - The giant expands production. But what does the future hold?

19 Aug 2016 @ 13:55
Thursday saw a positive announcement from Tullow Oil, first oil flowing from the TEN field offshore Ghana in which it has a 47% stake. The FPSO (Floating Production, Storage and Offloading) unit attached to the project will now hopefully ramp up towards 80,000 bopd. At the half-year results published in July, the company argued that […]

ADVFN Morning London Market Report: Friday 19 August 2016

19 Aug 2016 @ 10:19
London open: Stocks open lower on lack of catalysts London stocks struggled for direction on Friday with a lack of fresh catalysts to drive markets. Atif Latif, director of trading at Guardian Stockbrokers, said: “We expect a period of consolidation in the coming sessions before a significant move lower and have seen downward protection being […]

What Investors Need to Know About Premier Oil's Half-Year Report

18 Aug 2016 @ 18:06
Premier Oil’s (LSE:PMO) half-yearly report, published today, contains some crucial information which investors need to consider in light of the company’s ongoing debt negotiations. Those who have not previously studied the company might be surprised to find that half-year profits of $167 million can translate to a market cap of just £400 million. Earnings per […]
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