Anglo Pacific Group (APF)

Sector:

Mining

129.40p
   
  • Change Today:
      3.40p
  • 52 Week High: 160.00
  • 52 Week Low: 99.80
  • Currency: UK Pounds
  • Shares Issued: 213.48m
  • Volume: 387,474
  • Market Cap: £276.24m
  • RiskGrade: 197

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 129.40p
Change Today 3.40p
% Change 2.70 %
52 Week High 160.00
52 Week Low 99.80
Volume 387,474
Shares Issued 213.48m
Market Cap £276.24m
RiskGrade 197

APF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.73% above the market average96.73% above the market average96.73% above the market average96.73% above the market average96.73% above the market average
35.54% above the sector average35.54% above the sector average35.54% above the sector average35.54% above the sector average35.54% above the sector average
Price Trend
52.71% below the market average52.71% below the market average52.71% below the market average52.71% below the market average52.71% below the market average
9.23% below the sector average9.23% below the sector average9.23% below the sector average9.23% below the sector average9.23% below the sector average
Income
95.37% above the market average95.37% above the market average95.37% above the market average95.37% above the market average95.37% above the market average
36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average
Growth
40.56% below the market average40.56% below the market average40.56% below the market average40.56% below the market average40.56% below the market average
87.1% below the sector average87.1% below the sector average87.1% below the sector average87.1% below the sector average87.1% below the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 4
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 Final
Ex-Div 07-Oct-21 08-Jul-21
Paid 10-Nov-21 18-Aug-21
Amount 1.75p 3.75p

Trades for 17-Sep-2021

Time Volume / Share Price
16:35 26,417 @ 129.40p
16:29 465 @ 126.00p
16:26 6,500 @ 127.25p
16:25 526 @ 126.20p
16:24 348 @ 126.20p

APF Key Personnel

CEO Julian Treger
CFO Kevin Flynn

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