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FTSE steady as Spanish bond yields rise above 6%
Trade data from China renews concerns about the global economy, while in the UK investors await a decision on quantitative easing.
Markets
Polymetal tops FTSE 100
Miner Polymetal International (POLYP.L) soared 883.5p, or 11.5%, to 856p to the top of the FTSE 100, in a reverse of fortunes after days of being sold off by investors.
Legal & General (LGEN.L) rose 2.5p, or 2.3%, to 114p as finance chief Nigel Wilson will take on the role of as chief executive officer with the departure of Tim Breedon next month.
Citywire Top Stock Taylor Wimpey (TW.L) increased 2.8p, or 5.5%, to 46p as ratings agency Standard & Poor’s increased their credit rating on the group to BB- with a stable outlook.
Miner Eurasian (ENRC.L) added 12.5p, or 2.4%, to 536p as copper production at its mines increased 36.85 in the first quarter of 2012 compared to the same period in the previous year. However increased input and labour costs are expected to increase 20% this year and revenues
BT (BT.L) shed 5p, or 2.3%, to 212p on the announcement of its final results for 2011 as full-year revenues fell 4% though its dividends increased 12% to 8.3p.
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- Supergroup PLC (SGP.L)
- Eurasian Natural Resources Corp PLC (ENRC.L)
- BT Group PLC (BT.L)
- Taylor Wimpey PLC (TW.L)
- Polymetal International PLC (POLYP.L)
- Legal & General Group PLC (LGEN.L)
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1 comment so far. Why not have your say?
snoekie
May 10, 2012 at 11:51
Tsk, tsk, Caelainn, "nowhere no enough", never seen that before, did you mean 'nowhere near enough'?
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