Thursday 3 February 2011

Market report: copper stocks affected by HSBC view anti-conformiste

As a result, HSBC minor déclassés Xstrata Antofagasta "weight" to "neutral". Xstrata lost 6% to £ 13.05 and Antofagasta given up 19 percent to £ 12.88.

Mr. Keen also downgraded Vedanta Resources off the coast of p 35 to £ 22.55 "neutral".

Analyst sees additional risk in what he sees a difficult relationship with the Government of the India where Vedanta must rely to emphasize growth in action plans.

Mr. Keen said: "the history of growth becomes less claire.Compte view lack synergies with existing assets, [Vedanta] planned acquisition of the India cairn could be regarded as the concern of growth, rather than for the interest of the shareholders further growth.

For those investors always interested to buy in the mining sector, the analyst tipped stocks based on aluminium, such as Rio Tinto .Rio, however, throw 63 £ 40.80 p word its joint venture deal BHP Billiton, 14% to £ 21.85, will be discarded.

Overall, the FTSE 100 then 39.15 5742.52 points and FTSE 250 from 10875.09 41.58 points after a decent start on Wall Street.

Defence actions are in vogue in the middle of hopes both carrier provided the United Kingdom will be recorded in the review expenditures of tomorrow. BAE Systems Threading 4.1 369.9 p.

Cobham, dragged, 0.3 in spite of Morgan Stanley 237¾p reiterating its "overweight" rating on the stock.Rupinder Vig, an analyst at the broker, stated: "despite doubts the ability of Cobham investor continue to show high growth, we remain convinced that the company is more isolated in budget cuts than his peers." Further savings could bring benefits in the long term. »

Back in the ranking, Lloyd's Banking Group climbed 2 to 72.2 percent as Goldman Sachs said expected the Bank could be one of the best European capitalized here in 2013. Analysts Goldman Sachs said: "strong capital formation is driven by high in combination with weighted risk assets reduced yields."The broker has concluded that by 2012 Lloyds is one of only seven banks with capital above targets of Goldman Sachs to a basic level 20pc ratio.

However, Goldman Sachs cut its price target for Barclays by p 342 p 34 because it expects this point of the Bank to the report a kernel level a ratio of 10pc by 2012, which is a less objective broker percentage established for Barclays.

However, Barclays shares acquired even higher 289¼p 4¼ as Deutsche Bank reiterated its "buy" rating. "That should be much capital to match the Basel III Standard Chartered tally, Barclays retains 1pc capital base... and we believe that could meet the new requirements over time, said Jason Napier, an analyst at Deutsche Bank."By our mathematics, stock is still slightly cheap even though it raises £ 19bn to run 10pc base level 1 in Basel III today."

In the transport sector, British Airways edged 282½p 5¾ after Citigroup raised his price target to 390 light 295 p.Andrew p, an analyst at Citigroup, said he expected underlying growth of revenue from 16pc and quadrupled the operating profit in the third quarter of 2010 compared with a year ago.Net income could be five times higher, said the analyst.An increase in fuel prices on 15pc in terms of the euro should also have more overwhelmed by the large passenger and freight revenue.

Area of technology, advanced Invensys 7¾ 312¾p as Exane BNP Paribas, updated the stock to "outperform".

Speculative bid rumours also insisted several higher shares.Autonomy soared 71% to £ 14.19 to Word that it is always interesting for claiming U.S. potentiel.Commerçants also thought that society could disclose numbers better than expected this week.

Support to intercept survey Group BG .the actions meeting more than £ 11.94 amid renewed gossip China National Offshore Oil Corporation prepares an offer of 27 p.Cependant market commentators believes that it is unlikely that the Chinese company will be bidding for BG Group.

Elsewhere in the oil and gas sector, BP acquired 6¾ % 432.1 after that it has agreed to sell goods to the Viet Nam and Venezuela.

Advice "Buy" of the Royal Bank of Scotland thrown FirstGroup 375¾p RBS .Analystes 1.2 said: "" we expect the FirstGroup to generate cash flow organically and driving leverage advantage for investors propres.Les capitalists are more rewarded by a dividend producing 6pc, whose management is committed to grow 7pc on year for three years. ""

BlueBay Asset Management jumped on top of mid-cap index after he was told that he had received an offer of cash (including dividend 7½p) share a Royal Bank of the Canada.Les 492½p shares jumped 111,2 to 487 p.

London insurer that novae then up to 24 to 360 p sector reviewed set for another round of consolidation.Lundi Lloyd, it became Subscription Hardy up to 46 to 291¼p, received a rival Beazley, tender from 3½ to 118 p.

Among smaller companies, Gulf Keystone Petroleum has climbed 13 to 156½p after confirming its 109 million from £ equity Collections Fund order to speed up the "active" drilling program.

After the announcement that the results of the year would be better than current forecasts, i-design, which develops and provides advertising ATM solutions is 3½ to 15 percent.

Shares of cohort - vendor of high-tech sector of defence - niche products increased by 5½ to 66 percent in the announcement that its owned subsidiary sea was awarded a contract for the design and construction of sensors measure for use on spacecraft space agency EarthCARE m €5 (£ 4 4 m) European in 2013.


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