FTSE 100 edges lower on Asian virus fears
Companies
Follow John on:
Putting the down into lockdown; the Footsie has drifted lower after a steady start PM Boris Johnson is urging a heavy dose of caution as pubgoers returned to indoor drinking from midnight
FTSE 100 slides 18 points
Aerospace stocks out of favour
Ryanair defies the trend after its full-year results
After a steady start, London’s index of leading shares has dipped as investors take note of the rising rate of COVID-19 infections in Asia.
The FTSE 100 was down 18 points (0.3%) at 7,026, with aerospace-related stocks back on the naughty step, especially aeroplane engine maker Rolls-Royce Holdings PLC (LON:RR.), which is down 2.6% at 104.82p, and British Airways owner International Consolidated Airlines SA (LON:IAG), which is down 1.6% at 193.76p.
Follow John on:
FTSE 100 ralllies, led by BT; US markets open lower
Shortly after the opening bell in New York, the Dow was down 0.04% while the S&P 500 dropped 0.28% and the Nasdaq fell 0.76%
FTSE 100 slides 3 points
BT leads rally after CEO buys huge chunk of shares
US indices drop at opening bell
10.10am: Proactive North America headlines:
Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R) makes new silver discovery at Ely Central area on its Virginia project in Argentina
New Pacific Metals Corp (CVE:NUAG) (OTCMKTS:NUPMF) to trade on the NYSE American exchange starting May 20
FSD Pharma Inc (NASDAQ:HUGE) (CSE:HUGE) (FRA:0K9) says concerned shareholder group-backed nominees elected to board at annual meeting
The London stock market somewhat mirrored London’s weather today; a pleasant start, followed by heavy showers and then a traditional British tepid finish.
Proactive news headlines including Matador Mining, FYI Resources, Antipa Minerals, archTIS and Cobalt Blue benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Proactive weekly mining round-up: Greatland Gold, Ironridge Resources, Bushveld Minerals.
A snapshot of some of the week s mining news and announcements
Greatland Gold PLC (LON:GGP), the precious and base metals exploration and development company, has announced “excellent results” from the drilling campaign at the Havieron deposit.
The latest results from the project, located in the Paterson region of Western Australia, further highlight the potential for extensions to the initial resource published last December, Greatland said in its stock market release.
IronRidge Resources Limited (LON:IRR) said it raised £12mln in an oversubscribed fundraising to help bankroll the development of its lithium and gold projects in the African nations of Ghana, Côte d Ivoire and Chad. The company raised the funds through the subscription and placing of 60mln new shares at a price of 20p each, a 6.3% discount to its closing price on Monday.