You are browsing the archive for 2014 August.

Rough ride for global miners as iron ore prices continues descent

Aug 29, 2014 at 8:16 am in General Trading by contrarianuk · Leave a Comment »

The big miners like BHP Billiton, Anglo American and Rio Tinto all fell around 3% yesterday as the price of iron ore continues its precipitous fall in 2014, hitting $87 a tonne, a drop of over 35% this year. The average price of iron ore in 2013 was $135 a tonne.

by contrarianuk

Supermarket shares hammered as Tesco cuts dividend by 75%

at 7:52 am in General Trading by contrarianuk · Leave a Comment »

Another RNS and another shock profits warning from Tesco sending its shares down 7% to below 230p. Sainsbury is also down 4.5% to 290p and Morrisons is down 3% to 180p.

by contrarianuk

Gulf Keystone, Bowleven, Afren and Lenigas Updates

Aug 28, 2014 at 5:45 pm in AIM by contrarianuk · Leave a Comment »

Plenty of news from some of the favourite AIM and small cap LSE oil and gas companies over the last few days.

by contrarianuk

Commentators a little more cautious on emerging markets after strong run

Aug 27, 2014 at 9:54 am in Market Commentary by contrarianuk · Leave a Comment »

The MSCI Emerging markets index has had a strong run since a sharp sell off between the end of 2013 and February 2014. Country by country performance in the emerging markets as a whole has been markedly variable with Russia being the stand out poor performer of the so called BRIC…

by contrarianuk

S&P 500 consolidates over 2000

Aug 26, 2014 at 2:36 pm in Market Commentary by contrarianuk · Leave a Comment »

In February 1998, the key US index the S&P 500 hit 1,000, on the 25th August the index moved through 2,000 for the first time.

by contrarianuk

Hedge fund performance mixed so far this year

Aug 25, 2014 at 11:03 am in Market Commentary by contrarianuk · Leave a Comment »

It has been a mixed picture for the hedge fund industry in 2014 with Macro funds struggling in particular.

by contrarianuk

Gold’s recovery in 2014 looks under pressure

Aug 24, 2014 at 8:37 am in General Trading by contrarianuk · Leave a Comment »

The price of gold fell a staggering 28% in 2013 to finish just over $1200 an ounce, its worst performance since 1981, as investors in exchange traded funds dumped the metal as economic optimism took hold.

by contrarianuk

Volatile trading in Quindell shares as company announces interims

Aug 21, 2014 at 10:32 am in AIM by contrarianuk · Leave a Comment »

Quindell, the insurance claims processor and telematics specialist has had a pretty volatile trading day today. Falling as low as 183p in early deals and now down 8% at 193p after the publication of its interim results for the period ending 30th June 2014.

by contrarianuk

Borders and Southern spikes as farm out rumours persist

Aug 20, 2014 at 12:43 pm in AIM by contrarianuk · Leave a Comment »

After the excitement prior to the result of the Darwin East well in April 2012, the subsequent period has been pretty painful for shareholders in the South Falklands basin oil and gas explorer, Borders and Southern (BOR).

by contrarianuk

Berkeley Mineral Resources finally get Kabwe approval

Aug 19, 2014 at 3:13 pm in AIM by contrarianuk · Leave a Comment »

Back on 20th June, Zambian focused tailings miner Berkeley Mineral Resources (BMR) which is listed on AIM got investors really excited when it announced that its 100% owned Zambian subsidiary, Enviro Processing Ltd (EPL), has today learnt via the Zambian press that approval for the processing operations at Kabwe has been granted.

You are browsing the archive for 2014 August.

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