By This Is Money Reporters PUBLISHED: 03:41 EST, 10 January 2014 | UPDATED: 12:33 EST, 10 January 2014 15.30 (CLOSE): A shock slowdown in US jobs growth and a double dose of economic setbacks in the UK failed to halt the progress of London’s blue-chip shares. The FTSE 100 Index rose 48.6 points to 6739.9 Read More
January 2014
By Alistair Smout LONDON (Reuters) – Britain’s top share index closed firmer on Friday, though off the session’s best, after disappointing U.S. jobs data knocked the index back from its highest levels since early November. The FTSE 100 touched a 2014 high at 6,769.94, just before the report on nonfarm payrolls showed U.S. employers hired Read More
* FTSE 100 up 0.5 pct, rebounding from previous session’s losses * Tullow Oil (LSE: TLW.L – news) lifted by bid speculation By Sudip Kar-Gupta LONDON, Jan 10 (Reuters) – Britain’s top share index rose on Friday, rebounding from losses in the previous session as bid speculation boosted Tullow Oil. The blue-chip FTSE 100 index Read More
LONDON, Jan 10 (Reuters) – Mining (LSE: MIR.L – news) companies’ influence on Britain’s FTSE is fading after a tough year for the sector, although it still has a greater bearing on the UK blue chip index than on any other in Europe. UK-listed miners have operations from Kazakhstan to Chile and meet demand for Read More
LONDON (ShareCast) – Marks & Spencer (Other OTC: MAKSF – news) shares were putting in a strong performance this afternoon, recovering somewhat after yesterday’s third quarter miss. The stock was given a boost by Investec (LSE: INVP.L – news) , which upgraded its rating from ‘hold’ to ‘buy’, saying that the business should now become Read More
* FTSE 100 down 0.5 pct * Lags peripheral shares as pound strengthens vs euro * M&S boosted by food sales growth, bucks falls for peers * William Hill (Other OTC: WIMHF – news) hit by threat of government regulation By Francesco Canepa LONDON, Jan 9 (Reuters) – Britain’s FTSE 100 fell on Thursday and Read More
LONDON (ShareCast) – Electronics components maker Laird (LSE: LRD.L – news) led the FTSE 250’s rise on Thursday as it expressed confidence it will hit full-year expectations after enjoying a ‘significantly stronger’ second half. The cost of restructuring to keep on top of market innovations offset the higher demand from smartphone and consumer markets. Shares Read More
By This Is Money Reporters PUBLISHED: 03:08 EST, 9 January 2014 | UPDATED: 07:43 EST, 9 January 2014 12.40: Strength in the domestic banking sector helped underpin gains by the FTSE around mid-session as the Bank of England once again left UK interest rates unchanged at record lows of 0.5 per cent, where they have Read More
By Francesco Canepa LONDON (Reuters) – Marks & Spencer helped Britain’s FTSE 100 trade with small gains on Thursday as a positive performance at its foods business lifted the stock, bucking a string of gloomy Christmas updates in the retail sector. Shares in M&S rose 2.5 percent after the upmarket retailer reported organic growth in Read More
LONDON (ShareCast) – RSA Insurance (LSE: RSA.L – news) climbed strongly ahead of receiving the results of an independent investigation after it reiterated its confidence that the recent financial irregularities are isolated to its Irish business. The results are due to be announced tomorrow. Banking stocks were extending yesterday’s gains after data showed that funding Read More