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Antofagasta Shares News & Articles

Market report: IAG climbs on Air Europa takeover, Mothercare crashes on UK administration woe

London’s FTSE 100 firmed 36.6 points to 7,338.97 on Monday with investors drawing confidence from optimistic comments from US commerce secretary Wilbur Ross about a US/China trade war resolution. Mining stocks Glencore (GLEN) and Antofagasta (ANTO), as well as Asia-focused life insurer Prudential (PRU) and several UK banking providers, led the blue chip benchmark higher. International ...

Why Antofagasta might not get all of the $5.8bn Pakistan damages windfall cash

Copper miner Antofagasta (ANTO) has risen to the top of the FTSE 100 leader board after winning a seven-year legal fight against Pakistan authorities over a denied mining licence. The Chile-based operator saw its share price climb 3% to 890p after confirming the news in an announcement. It stated that the World Bank arbitration court has ordered the Pakistani government to pay damages of $5.8bn ...

Market report: Antofagasta jumps on Pakistan ruling, Sport Direct plunges after results delay

UK markets make modest gains in early trade on Monday reversing an extended losing streak with investors warming to positive news from mining group Antofagasta (ANTO), although news of delayed results by Mike Ashley’s Sports Direct (SPD) comes as another knock to the embattled UK retail space. Antofagasta announced today that the World Bank arbitration court has ordered the Pakistani ...

Market report: ASOS and Ocado enjoy contrasting fortunes, Ferrexpo slides on results delay

The markets seem to be taking the latest Brexit chaos in their stride, familiarity breeding contempt perhaps, with sterling settling after yesterday’s volatility and the FTSE 100 advancing 0.4% to 7,329.01. Online grocery retailer Ocado (OCDO) gains 2.9%, despite confirming that a fire at its Andover robotic warehouse in Hampshire last month had slowed revenue growth to 11.2% in its fiscal ...

Market report: FTSE 100 slips on weak Asian markets but energy stocks keep mid-caps bubbling

UK stocks start the year on the back foot with the FTSE 100 index falling 1.6% or 106 points to 6,622 giving up almost all of its post-Christmas gains. Every sector except Tobacco is in the red this morning with Banks, Industrial Engineers, Miners and Oils providing the biggest drag on the index. Best-performing stocks in the FTSE 100 are Imperial Brands (IMB) and retailers Next (NXT) and ...
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