Advertisement
UK markets open in 2 hours 33 minutes

  • NIKKEI 225

    38,362.93
    +160.56 (+0.42%)
     

  • HANG SENG

    18,538.57
    +224.71 (+1.23%)
     

  • CRUDE OIL

    79.42
    +0.43 (+0.54%)
     

  • GOLD FUTURES

    2,320.70
    -1.60 (-0.07%)
     

  • DOW

    39,056.39
    +172.13 (+0.44%)
     

  • Bitcoin GBP

    49,286.37
    -1,028.29 (-2.04%)
     

  • CMC Crypto 200

    1,314.82
    +20.15 (+1.56%)
     

  • NASDAQ Composite

    16,302.76
    -29.80 (-0.18%)
     

  • UK FTSE All Share

    4,544.24
    +21.25 (+0.47%)
     
Money:

How to make a tax-free income

Tips for making money that won't be taxed

BUZZ-ArcelorMittal bounces on BofA-ML upgrade

Reuters - UK Focus

** ArcelorMittal (Other OTC: AMSYF - news) shares gain as much as 2.7 percent intra-day and break higher to their highest in 4 months after Bank of America Merrill Lynch upgrades the stock to "buy".

** Stock top performer on the STOXX 600 European Basic Resources Index and recovering from a 16.2% slide this year.

** Merrill Lynch says it the outlook for margins has improved as steel prices bottom out and headwinds from iron ore prices fade.

** The analyst also expects margins to increase in Europe, to which Arcelor has a large exposure, by the end of the year (RM (LSE: RM.L - news) ://robert-jan.bartunek.thomsonreuters.com@reuters.net)