Monday, 20th October 2014

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News & Reports

Monday broker round-up

Mon 20th Oct 14, 09:48:51

African Barrick Gold: Westhouse Securities cuts target price from 285p to 230p maintaining an add rating.

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Shanta Gold unveils record Q3 production

East African gold explorer Shanta Gold unveiled record production and confirmed its 2014 production guidance. 46 minutes ago

Commodities: Kuwait and Saudi Arabia halt production at Khafji oil field

The commodities complex was to be seen mostly lower on Friday, likely pressured by a rebound in the dollar, albeit with some significant exceptions. 2 hours ago

Premier Foods update makes ShoreCap nervous but shares look undervalued

Previewing Premier Foods' third quarter results on Thursday, broker Shore Capital reiterated its 'buy' recommendation in light of the "truly awful" performance of the shares since March's refinancing despite the "much good work" done by management this year. 59 minutes ago

Soaring South East house prices push buyers outside London

The South East overtook London as the country's fastest rising market, according to online property tracker Rightmove, as the average UK house price rose by 2.6% month-on-month in October, 2 hours ago

Europe open: SAP and Royal Philips weigh on markets

European stocks have begun the session with notable losses, weighed down by poor updates out from several technology heavyweights, such as SAP and Royal Philips. 2 hours ago

Short-term bullish signal in euro/dollar

Technical analysts at Digital Look on Monday highlighted how the trend in the euro/dollar over the last few months continued to be bearish, noting that the pair had been setting successively lower lows and highs since the beginning of October. 1 hour ago

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Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal reccomendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.

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