Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Indexes  >  World  >  FTSE 100    F100   GB0001383545

FTSE 100 (F100)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisHeatmapComponents 
News SummaryAll newsNews of the components ofTweets

LONDON MARKETS : FTSE 100 Wavers Ahead Of Retail Sales, On Course For Worst Week In 5 Months

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/21/2017 | 10:22am CET

By Carla Mozee, MarketWatch

Rio Tinto rallies after upgrade

U.K. blue-chip stocks slipped Friday, with the benchmark FTSE 100 headed toward its worst weekly performance in five months, but also as Rio Tinto PLC led gains for the key mining sector.

The FTSE 100 index turned lower, down less than 1 point at 7,118.40, feeling the weight of losses among consumer, utility and oil and gas shares. But the basic materials and financial sectors advanced.

For the Easter holiday-shortened week, the London benchmark was on track for a 2.9% drop, which would be its biggest percentage decline since early November, FactSet data showed. Stocks this week were clipped by a jump in the pound above $1.28, which came after U.K. Prime Minister Theresa May unexpectedly called a snap general election for June 8.

And

A stronger pound puts pressure on the FTSE 100's multinational companies that make the bulk of their earnings and revenue from overseas markets.

On Friday, shares of Reckitt Benckiser Group PLC (>> Reckitt Benckiser Group Plc) were at the bottom of the index, down 1.9%. The consumer goods company, whose brands include Air Wick and Lysol, posted first-quarter revenue of 2.64 billion pounds ($3.31 billion), up 15% considering foreign exchange rates.

But excluding the impact of changes in exchange rates, like-for-like revenue was unchanged. The comparison was the "toughest" for the year, given a rise of 5.2% in the first quarter of 2016, said Liberum analysts in a note.

But pushing higher were shares of Rio Tinto PLC (>> Rio Tinto plc) (>> Rio Tinto plc) (>> Rio Tinto plc), up 2.3% following an upgrade for the iron ore producer at BNP Paribas. Analysts are questioning whether a recent selloff in iron ore is overdone and are suggesting Rio Tinto shares are worth consideration for buying, Barron's wrote Friday (http://blogs.barrons.com/asiastocks/2017/04/21/iron-ore-selloff-is-overdone-time-to-buy-rio-tinto/).

Economic data: U.K. retail sales figures for March are due at 9:30 a.m. London time, or 4:30 a.m. Eastern Time. The pound was buying $1.2829 ahead of the report, compared with $1.2813 late Thursday in New York.

Stocks mentioned in the article : Rio Tinto plc, Reckitt Benckiser Group Plc
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FTSE 100
12/15DJEUROPE MARKETS : European Stocks Suffer Third Day Of Losses As H&M Closes 13% Lo..
12/15DJEUROPE MARKETS : European Stocks Suffer Third Day Of Losses As H&M Closes 13% Lo..
12/15DJLONDON MARKETS : FTSE 100 Ends Higher As Pound Slides After EU Warns Of 'difficu..
12/15 FTSE seals weekly gain as pound dips
12/15DJLONDON MARKETS : FTSE 100 Swings Higher At Pound Slides After EU Warns Of 'diffi..
12/15DJEUROPE MARKETS : European Stocks Face Day 3 Of Losses As Retailers, Banks Slide
12/15 STANDARD LIFE ABERDEEN : fund management arm's assets fall 2 percent
12/15DJLONDON MARKETS : FTSE 100 Struggles For 3rd Day As Banks Fall, But On Course For..
12/14DJEUROPE MARKETS : European Stocks Fall To Lowest In 1 Week; Inflation View Drags ..
12/14DJLONDON MARKETS : FTSE 100 Falls After May Loses Key Brexit Vote; BOE Holds Rate ..
More news
News of the components of FTSE 100
12/15 VODAFONE : offers early exit without penalty
12/15DJUnilever to Sell Spreads Business to KKR for $8.1 Billion
12/15 UNILEVER : KKR swallows Flora in £6bn Unilever deal
12/15 LLOYDS BANKING : Out-of-touch banks can not be allowed to damage our economy Gre..
12/15 LLOYDS BANKING : Bank axe plan is an act of 'vandalism'
12/15 LLOYDS BANKING : Letters to the Editor
12/15DJUnilever to Sell Spreads Business to KKR for $7.4 Billion
More news
Chart FTSE 100
Duration : Period :
FTSE 100 Technical Analysis Chart | F100 | GB0001383545 | 4-Traders
Technical analysis trends FTSE 100
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Top / Flop FTSE 100
ROYAL DUTCH SHELL 27.457 Delayed Quote.16.74%
SKY 1018 Delayed Quote.2.83%
WPP GROUP 1389 Delayed Quote.2.58%
MONDI 1818 Delayed Quote.2.42%
FRESNILLO 1336 Delayed Quote.2.38%
PEARSON 725 Delayed Quote.-1.76%
MARKS & SPENCER GROUP 303.8 Delayed Quote.-1.78%
MEDICLINIC INTERNATIONAL 609 Delayed Quote.-2.01%
NEXT 4246 Delayed Quote.-2.28%
NMC HEALTH 2800 Delayed Quote.-2.37%
Heatmap :