Some Encouraging Gains For Todays Market
Mining and oil firms have helped give the FTSE a powerful start this morning with the market presently up 1.60% at 4901. BP has made good gains along with a collection of mining companies including Xstrata and Antofagasta. Favourable results for Punch Taverns has seen their price rise whilst results for PartyGaming have been mainly as anticipated though their price has risen today.
After strong positive moves yesterday, BP is once again ahead by way of share price rises. Rumours of a deals with number of overseas governments pushed up their price yesterday and present prices are up 3.02% reaching a value of 343.35p for the day.
Mining corporations have had an excellent morning with upward moves in price for firms like Xstrata, up 5.02% to 893.70p, and Antofagasta who faced a tough day yesterday however whose price has risen 5.19% to reach 800.50p per share today.
Even though they have had a very tough World Cup, PartyGaming has seen a reasonable rise in price today so far. Quarter on quarter revenues fell by 2% however that hasn’t stopped share price from rising 5.16% to 232.20p.
Whilst gaming companies have had a really bad world cup, the pub group Punch Taverns has enjoyed nice success and excellent gains throughout this period. Growth over the period has helped the company to overcome a few of the difficulties which are posed by the current consumer market and the price has also headed upwards – up 5.03% to 67.80p.
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
Most Popular Content
- Gold Flying and Making New All Time Highs
- Gold Prices Slip Ahead of Anticipated Economic Data
- Oil Prices Surge From Lows Amid Mixed Global Signals
- U.S. Stock Indices: A Dance Between Optimism and Fear
- Gold Prices Dance with CPI Data and the Fed
- Oil Prices Surge Amid Record Demand and Supply Tightening
- Gold Steady As US Dollar Index Tries to Make Gains
- Some Respite for Crude Oil within Bear Trend
Currency Articles - May 22, 2019 15:21 - 0 Comments
The Pound is in Freefall – When Will It Stop?
More In Currency Articles
- GBP Gets Ready for an Unpredictable Day with Meaningful Vote 2
- British Pound Stays Strong Whilst The Dollar Remains Weak
Gold and Oil News - Mar 30, 2024 10:37 - 0 Comments
Gold Flying and Making New All Time Highs
More In Gold and Oil News
- Gold Prices Slip Ahead of Anticipated Economic Data
- Oil Prices Surge From Lows Amid Mixed Global Signals