You are browsing the archive for 2014 August.

Bullish tone back in control as geo-political issues recede

Aug 19, 2014 at 9:01 am in Market Commentary by contrarianuk · Leave a Comment »

After all the geo-political worries of a couple of weeks ago regarding the Ukraine and Iraq, shares are back on the up yet again.

by contrarianuk

Global mining giants focus on shareholder friendly initiatives as commodity prices remain subdued

Aug 18, 2014 at 7:19 am in General Trading by contrarianuk · Leave a Comment »

Shares in the larger mining stocks have been pretty volatile of late driven by concerns about China and commodity prices. However, there are signs that the era of big spending with expensive trophy projects is being curtailed with speculation that two of the largest global miners, BHP Billiton and Glencore could announce share buy backs this week.

by contrarianuk

Risk aversion reigns supreme

Aug 8, 2014 at 7:46 am in Market Commentary by contrarianuk · Leave a Comment »

What a difference a few weeks makes in the markets! In late July the US indices were hitting all time highs, now it looks like the Dow Jones Industrials are in danger of slipping back below 16,000 after a couple of weeks of heavy losses

by contrarianuk

Gulf Keystone and other Kurdistan based oil explorers hit by ISIS advances

Aug 7, 2014 at 2:42 pm in General Trading by contrarianuk · Leave a Comment »

Earlier today Gulf Keystone Petroleum released an RNS to try and calm nerves following the recent advances by the Islamist ISIS forces further into Northern Iraq. Unfortunately for GKP, Genel and others, reassuring words don’t seem to be working with the both companies shares down around 8%.

by contrarianuk

Tangiers Petroleum fails to break losing streak in AIM oil and gas exploration in Morroco

Aug 6, 2014 at 8:53 am in AIM by contrarianuk · Leave a Comment »

Tangiers Petroleum Limited the ASX and AIM listed oil and gas exploration company with assets offshore Morocco has had a rough few weeks. Its shares are down around 70% in the last week…

by contrarianuk

Markets continue downward move after yesterday’s respite

Aug 5, 2014 at 2:22 pm in Market Commentary by contrarianuk · Leave a Comment »

After a poor few sessions last week, with a brief respite to the selling yesterday, most of the major indices are moving back down today or are just about holding their own.

by contrarianuk

Formal approval for Bowleven project gives little reaction

Aug 4, 2014 at 9:02 am in AIM by contrarianuk · Leave a Comment »

Today’s announcement that Cameroon Oil and Gas explorer, Bowleven, had the formal decree awarding the Etinde Exploitation Authorisation (EA) signed by the President of Cameroon appears to have been brushed off by investors with the shares barely rising.

by contrarianuk

FT story on RAC JV sends Quindell shares down 13%

at 8:44 am in AIM by contrarianuk · Leave a Comment »

Some rather uncomfortable reading for shareholders in IT outsourcing company, Quindell, this morning with the FT reporting problems with its joint venture with the RAC, sending its shares down around 13% to 180p.

by contrarianuk

A few market nerves before US jobs report

Aug 1, 2014 at 9:29 am in Market Commentary by contrarianuk · Leave a Comment »

The key US non-farm payroll data for July is out early this afternoon with expectations that the American economy added 235,000 jobs in the month and the unemployment rate at 6.1% and there’s a few nervous investors out there as the markets await the figures.

You are browsing the archive for 2014 August.

Facebook