Randgold profits hand FTSE 100 welcome start
Randgold profits hand FTSE 100 welcome start
Monday 8th February 2010
The FTSE 100 began Monday in positive fashion, up almost one per cent in the first hour of trading.At 09:27 GMT the London index stood at 5,102.87, a rise of 41.95 points, or 0.83 per cent.
Randgold Resources led the gains in early trading, up 6.68 per cent to 4,490p. The impressive start to the week came after the mining company announced its full-year profits had leapt 79 per cent.
Xstrata and Fresnillo also rose significantly, up 5.37 per cent and 5.08 per cent respectively.
Aggreko suffered the worst losses in the first hour of trading at the start of the week, falling 3.33 per cent to 873.4p.
Cairn Energy also dropped 1.59 per cent to 316.5p.
Related News
Toyota planning Prius recall, reports claim - 08/02/10
Reports from Japan suggest car manufacturer Toyota could recall its Prius model in the US and Japan after concerns about the model's breaks
Reports from Japan suggest car manufacturer Toyota could recall its Prius model in the US and Japan after concerns about the model's breaks
ICAP causes FTSE 100 to end week down - 05/02/10
The FTSE 100 slumped significantly at the end of the week, thanks in main due to a profits warning from the inter-dealer broker ICAP
The FTSE 100 slumped significantly at the end of the week, thanks in main due to a profits warning from the inter-dealer broker ICAP
Personal insolvency figures at record high - 05/02/10
A record number of people were declared insolvent in England and Wales during the last quarter of 2009, official figures have revealed
A record number of people were declared insolvent in England and Wales during the last quarter of 2009, official figures have revealed
Tube maintenance workers begin strike - 05/02/10
Hundreds of London Underground maintenance workers have begun the first of a series of 24-hour strikes this morning in protest over new roster arrangements
Hundreds of London Underground maintenance workers have begun the first of a series of 24-hour strikes this morning in protest over new roster arrangements
