Monday, 22nd May 2017

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News & Reports

FTSE 250 movers: Ferrexo at the front thanks to iron ore prices

Mon 22nd May 17, 17:26:22

Oliver Haill

(ShareCast News) - The FTSE 250 had gained 0.5% by late Monday as miners climbed on the back of encouraging moves in metals prices.

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FX round-up: Sterling in 'sea of red' after Tory wobble

(ShareCast News) - Sterling was amid a sea of red as Tory-renewed fears of a hard Brexit came to the fore and the party did a U-turn on its so-called 'dementia tax,' all while Labour accelerated in the election polls. 52 minutes ago

Europe close: Stocks drift lower amid renewed gains for the euro

(ShareCast News) - Renewed gains for the single currency dampened sentiment in European stockmarkets ahead of a meeting of euro area finance chiefs scheduled for the evening to discuss the disbursement of further aid and possible debt relief for Athens. 2 hours ago

Commodities: Oil prices continue to froth on Opec curb hopes

(ShareCast News) - Crude-oil futures began the week as they left off on Friday, frothing higher on market hopes of Opec extending its output curbs when it meets later this week. 3 hours ago

BP restarts North Sea production at Schiehallion

(ShareCast News) - Schiehallion oilfield off Shetland in the North Sea has begun producing oil for BP and Shell for the first time since it was shut down for refurbishment in 2013. 2 hours ago

Sector movers: Defensives and consumer staples lead gains

(ShareCast News) - Defensives and consumer staples paced gains at the start of the week, continuing with the trend which had been in place in recent weeks and months. 5 hours ago

Active Energy enters agreement with Province of Newfoundland and Labrador

(ShareCast News) - International renewable energy, forestry management and timber processing business Active Energy announced on Monday that it entered into an agreement in principle with the Province of Newfoundland and Labrador in Canada that, if finalised, would provide the company and its affiliate, Timberlands International, with a Crown timber licence and forest management agreement relating to two Forest Management Districts covering 1.2 million hectares. 3 hours ago

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