Antofagasta (ANTO)

Sector:

Mining

Index:

FTSE 100

2,039.00p
   
  • Change Today:
      54.00p
  • 52 Week High: 2,045.00
  • 52 Week Low: 1,293.00
  • Currency: UK Pounds
  • Shares Issued: 985.86m
  • Volume: 769,321
  • Market Cap: £20,102m
  • RiskGrade: 186

FTSE 100 movers: BP and Antofagasta gain on optimism around China

By Frank Prenesti

Date: Monday 23 Jan 2023

LONDON (ShareCast) - (Sharecast News) - BP lent its heft to gains on the top-flight index as crude oil futures advanced on the back of the latest mobility figures out of the People's Republic of China over the Lunar New Year the day before.
At 1548 GMT, front-dated Brent was trading higher by 0.77% to $88.4 a barrel on the ICE.

One of the main talking points of Monday's session was what the impact might be of the European Union's sanctions on Russian diesel which were due to come into effect in February.

Persimmon, Associated British Foods and Antofagasta were all higher on positive broker commentary.

In the case of ABF, Deutsche Bank upgraded the shares from 'hold' to 'buy', telling clients that the 2022 headwinds from rising energy costs and foreign exchange rates were reversing.

Antofagasta meanwhile benefitted from a target price revision out of BofA from 1,500.0p to 1,1,760.0p.

"On the demand side, the secular theme of "decarbonization means increased metal intensity" is starting to play out," they said in a research note sent to clients.

"A pick-up (particularly) in China grid investment has more than offset the slowdown in property and is expected to accelerate in 2023. We do expect upside potential in the copper price to continue "from here"."

Headed in the other direction, defensive names including AstraZeneca, Severn Trent, National Grid, Centrica, SSE and United Utilities were all lower.

Market Movers

FTSE 100 (UKX) 7,785.36 0.19%
FTSE 250 (MCX) 19,804.60 0.52%
techMARK (TASX) 4,461.28 0.11%

FTSE 100 - Risers

Ocado Group (OCDO) 735.00p 3.84%
Scottish Mortgage Inv Trust (SMT) 747.60p 1.85%
Persimmon (PSN) 1,398.00p 1.78%
Associated British Foods (ABF) 1,855.50p 1.59%
Barratt Developments (BDEV) 452.10p 1.57%
Smith (DS) (SMDS) 351.50p 1.50%
Admiral Group (ADM) 2,126.00p 1.48%
JD Sports Fashion (JD.) 159.30p 1.46%
Melrose Industries (MRO) 145.20p 1.40%
Taylor Wimpey (TW.) 114.50p 1.37%

FTSE 100 - Fallers

Fresnillo (FRES) 870.40p -5.02%
Endeavour Mining (EDV) 1,930.00p -2.53%
St James's Place (STJ) 1,209.00p -2.11%
Croda International (CRDA) 6,910.00p -1.90%
London Stock Exchange Group (LSEG) 7,350.00p -1.87%
Hiscox Limited (DI) (HSX) 1,104.00p -1.74%
Informa (INF) 656.00p -1.32%
SSE (SSE) 1,732.00p -1.06%
Airtel Africa (AAF) 114.40p -0.87%
Beazley (BEZ) 637.00p -0.86%

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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.

 

Antofagasta Market Data

Currency UK Pounds
Share Price 2,039.00p
Change Today 54.00p
% Change 2.72 %
52 Week High 2,045.00
52 Week Low 1,293.00
Volume 769,321
Shares Issued 985.86m
Market Cap £20,102m
RiskGrade 186

Antofagasta Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.6% below the market average99.6% below the market average99.6% below the market average99.6% below the market average99.6% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
89.26% above the market average89.26% above the market average89.26% above the market average89.26% above the market average89.26% above the market average
90.21% above the sector average90.21% above the sector average90.21% above the sector average90.21% above the sector average90.21% above the sector average
Income
98.23% below the market average98.23% below the market average98.23% below the market average98.23% below the market average98.23% below the market average
91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average
Growth
54.22% below the market average54.22% below the market average54.22% below the market average54.22% below the market average54.22% below the market average
12.5% below the sector average12.5% below the sector average12.5% below the sector average12.5% below the sector average12.5% below the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 6
Sell 6
Strong Sell 1
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Antofagasta Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Apr-24 31-Aug-23
Paid 10-May-24 29-Sep-23
Amount 24.30¢ 11.70¢

Trades for 28-Mar-2024

Time Volume / Share Price
17:19 313 @ 2,039.03p
17:19 5,038 @ 2,039.03p
17:15 395 @ 2,039.00p
17:08 20 @ 2,017.89p
16:35 415,511 @ 2,039.00p

Antofagasta Key Personnel

Chair Jean-Paul Luksic

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