You are browsing the archive for 2015 January.

FTSE volatility high as commodity prices ebb and flow

Jan 15, 2015 at 10:52 am in General Trading by contrarianuk · Leave a Comment »

The FTSE 100 is having another roller coaster day as an initial surge on the back of the 150 point drop yesterday faded as once again Brent Crude fell back 3% to $48.38.

by contrarianuk

Oil under more pressure

Jan 13, 2015 at 10:09 am in General Trading by contrarianuk · Leave a Comment »

Brent Crude is down yet another 3% to just shy of $46 a barrel as the selling pressure on futures appears relentless. A new six year low.

by contrarianuk

Board changes cause surge up for Quindell yet again

Jan 12, 2015 at 10:28 am in AIM by contrarianuk · Leave a Comment »

After a 70% plus increase in the Quindell share price last week, the shares are up another 29% to 108p today after announcing some crucial board changes and an update on its cash position as well as a status update on the PwC review.

by contrarianuk

Tesco surges up as Drastic Dave takes action

Jan 8, 2015 at 4:17 pm in General Trading by contrarianuk · Leave a Comment »

Tesco is currently up 13% or 24p to 206p as new Chief Executive, Dave Lewis, also known as drastic Dave during his time at his previous role at Unilever, took some drastic steps to put the retailer back on course.

by contrarianuk

Quindell continues share price recovery as Toscafund buys in

Jan 7, 2015 at 10:25 am in AIM by contrarianuk · Leave a Comment »

Quindell announced today that the privately owned asset manager, Toscafund, the company founded by Martin Hughes in 2000 and specialising in absolute return products, had bought 24.3 million shares representing 5.3% of the company.

by contrarianuk

Oil keeps on tumbling down

Jan 6, 2015 at 9:50 am in Market Commentary by contrarianuk · Leave a Comment »

After a 6% fall in the price of Brent Crude yesterday to just under $53 a barrel, it is down yet another 3% to $51.50 a barrel

by contrarianuk

Euro continues to sink against dollar as Greece dominates agenda

Jan 5, 2015 at 10:11 am in Market Commentary by contrarianuk · Leave a Comment »

The euro has continued its slide against the US dollar, recently trading at 1.195 to the dollar, a nine year low. In May last year the euro was trading as high as 1.39 to the dollar.

by contrarianuk

UK stock market indices strongly lag US performance in 2014

Jan 1, 2015 at 11:35 am in Market Commentary by contrarianuk · Leave a Comment »

It proved to be a fairly subdued end to the trading year with the US markets moving down on the final session of 2014 but showing strong gains for the year as a whole. The S&P 500 finished at 2,059, a 1% decline on the day and an 11.4% gain for the index during the year. The narrower based Dow Industrials finished at 17,823, below the key 18,000 market and ahead 7.5% for 2014.

You are browsing the archive for 2015 January.

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