Market Wrap: Anglo American's shares jump as Indian billionaire buys 12% stake

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  • Market Wrap: Anglo American's shares jump as Indian billionaire buys 12% stake - 16 Mar 17
Simon Rose

Market Wrap: Anglo American's shares jump as Indian billionaire buys 12% stake

Simon Rose
Original Broadcast:

The Share Radio Evening Show

Market Wrap: Anglo American's shares jump as Indian billionaire buys 12% stake
On the latest Market Wrap, mining company Anglo American's shares jumped almost 9% after Indian billionaire Anil Agarwal said he would buy a 12% stake in the company. The Bank of England voted to keep interest rates unchanged at 0.25%, but one of the Monetary Policy Committee members expressed concerns over inflation. Finally, sales have fallen at Sainsbury's during the first nine weeks of the year, but the newly-acquired Argos reported a strong growth.
Guests:

Ed Bowsher,Neil Wilson


Published:

Topics: UK (in Economics)


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