Anglo Pacific Group (APF)

Sector:

Mining

131.80p
   
  • Change Today:
    -3.20p
  • 52 Week High: 215.00p
  • 52 Week Low: 101.00p
  • Currency: UK Pounds
  • Shares Issued: 181.76m
  • Volume: 271,604
  • Market Cap: £239.56m
  • RiskGrade: 274

Sector movers: Macquarie delivers boost for miners

By Alexander Bueso

Date: Monday 31 Oct 2016

LONDON (ShareCast) - (ShareCast News) - Media and mining stocks paced gains at the start of the week.
Advertising colossus WPP reported that quarterly revenues grew 23.4%, with over 15 percentage points of that growth rate coming from currency translation effects as the pound weakened.

Indeed, LFL net sales growth was 2.8% compared with 3.8% in the first half.

Mining stocks on the other hand were boosted by a raft of upwards target price revisions on miners out of analysts from Macquarie.

That was the result of the Australian broker´s decision to upgrade its coal price deck.

Despite the Chinese National Development and Reform Commission´s decision to relax controls on coal production at 800 mines, it would take time for output to rise due to below average inventory levels and the coming winter in the Northern Hemisphere, Macquarie said in a research note sent to clients and dated 28 October.

The broker upped its target price on shares of Anglo American (from 815p to 1175p), of BHP Billiton (from 1360p to 1470p), of Glencore (from 200p to 250p), of Rio Tinto (from 3400p to 3500p), of South 32 from 180p to 210p and of Anglo Pacific (from 150p to 200p).


Big Oil and pharma and biotech stocks were the biggest losers, with the former sent reeling by news that a technical meeting of OPEC over the weekend had failed to reach an agreement on how to split the necessary output cuts between its members.

In turn, that stymied attempts to reach a deal with producers from outside the cartel for them to cut their own levels of output.

That saw front month Brent crude futures slide 3.11% to $48.21 per barrel as of 1631 BST on the ICE.


Shire was unwanted heading into its quarterly results scheduled for release the next day, as traders continued to factor-in the poor outlook for pricing by rivals in the States as a result of increased political scrutiny over how they set prices.

Shares of US-listed Amgen were a case in point, the biotech giant´s stock plummeted on 28 October its management told investors the firm would not be able to increase prices in 2017 for its best drug, Enbrel.


Top performing sectors so far today
Media 7,402.29 +0.96%
Automobiles & Parts 7,432.71 +0.86%
Mining 13,853.18 +0.65%
Industrial Transportation 3,041.60 +0.40%
Gas, Water & Multiutilities 6,403.74 +0.37%

Bottom performing sectors so far today
Technology Hardware & Equipment 966.99 -3.58%
Oil & Gas Producers 7,783.19 -2.02%
Food & Drug Retailers 3,118.46 -1.52%
Mobile Telecommunications 5,029.03 -1.27%
Pharmaceuticals & Biotechnology 13,786.31 -1.16%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

APF Market Data

Currency UK Pounds
Share Price 131.80p
Change Today -3.20p
% Change -2.37 %
52 Week High 215.00p
52 Week Low 101.00p
Volume 271,604
Shares Issued 181.76m
Market Cap £239.56m
RiskGrade 274

APF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.71% above the market average80.71% above the market average80.71% above the market average80.71% above the market average80.71% above the market average
55.17% above the sector average55.17% above the sector average55.17% above the sector average55.17% above the sector average55.17% above the sector average
Price Trend
31.03% below the market average31.03% below the market average31.03% below the market average31.03% below the market average31.03% below the market average
26.23% below the sector average26.23% below the sector average26.23% below the sector average26.23% below the sector average26.23% below the sector average
Income
94.93% above the market average94.93% above the market average94.93% above the market average94.93% above the market average94.93% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
82.27% above the market average82.27% above the market average82.27% above the market average82.27% above the market average82.27% above the market average
55.17% above the sector average55.17% above the sector average55.17% above the sector average55.17% above the sector average55.17% above the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

APF Dividends

  Latest Previous
  Q1 Q4
Ex-Div 02-Jul-20 04-Jun-20
Paid 14-Aug-20 18-Jun-20
Amount 1.75p 4.12p

Trades for 03-Jul-2020

Time Volume / Share Price
16:35 11,236 @ 131.80p
14:30 100,000 @ 133.00p
16:29 45 @ 131.60p
16:29 306 @ 131.60p
16:23 1,000 @ 132.59p

APF Key Personnel

CEO Julian Treger
CFO Kevin Flynn

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