Global News

Fitch Ratings says the South Korean structured finance (SF) transactions that it rates are likely to be resilient should South Korean interest rates rise. Fitch expects the asset performance of the transactions to remain satisfactory, in part due to the strong labour market in South Korea. Fitch expects that interest rates will rise gradually because […]

The share price of African Barrick Gold (LSE:ABG) continued to gain ground on the London Exchange today.  A 9.9% increase over yesterday’s close to 186.70 continues a recovery that began on 13 July, when the share price was at 105.10,  and an unabated upward trend that commenced on 14 October.  ABG shares were valued at […]

China New shares (LSE:CNEL) have gotten a new lease of energy after a long period of hopelessness on the side of irrational equilibrium. On a lower timeframe shown below, the price broke upwards, following the recent trendless phase in the market and this is a beginning of a new uptrend. Whenever a trading instrument is […]

Lloyds Banking Group (LSE:LLOY) share price is currently trading 78.19 pence, down slightly from the 80 pence mark it had reached at Friday’s close.  The share price has been climbing steadily through this calendar year, in effect, doubling in value from one year ago.  If the share price continues to remain above 73.6 pence for […]

The storms may be raging this morning, but Aggreko (LSE:AGK) is powering up the FTSE 100 with a 5.3% increase in its share price, a growth of 83.00 pence per share to 1,600.00. Normally, this is where I would say, as others already have, that the increase comes following Aggreko’s release of its interim results […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, This week saw the UK’s FTSE100 Index add a further 100 points (1.5%) to revisit 6,700 as risk appetite remained supported by the US fiscal resolution (albeit short term, be prepared for a re-run), a welcome rebound in China […]

Once upon a time there were mining giants.  They mined huge amounts of different ores all over the world.  In order to get their mining done, the giants needed the help of elves.  WRONG STORY!  They needed that help of other giants.  One of them was a giant Caterpillar.  The Caterpillar became very rich and […]

Wishbone Gold (LSE:WSBN), an exploration company focussed on precious metals, has issued an extensive set of results for its on-going exploration programme on the 100% owned 6,300 hectare Wishbone II tenement in Queensland, Australia, which has identified new gold and polymetallic mineralisation within the licence area. Highlights. Hanging Valley Prospect Area: – Latest results...

Oh, Savannah. Savannah Resources (LSE:SAV), an AIM listed exploration company, has announced that it has raised £496,313 (before expenses) through the placing of 18,047,748 new ordinary shares at a placing price of 2.75p per ordinary share. N+1 Singer acted as broker to the Placing, which was oversubscribed and featured both new and existing investors. Overview: […]

I love it when there are compelling reasons to invest in a company.  Yesterday I wrote about Fastjet (LSE:FJET).  The compelling reason to invest in Fastjet is its strategic objective to become the low-cost airline of choice in Africa.  Having now established its first international flight, it is poised to succeed.  Likewise, there are compelling […]