“A rebound was to be expected. A lot of the panic selling, a lot of the stale longs in gold and, by extension, gold miners, had already gone and so a lot of the easy selling was done.” Mixed US economic data, hedge funds speculating in the futures market that the Ukrainian crisis will spur Read More
Author: Ftse Futures
U.K. stocks advanced, with the benchmark FTSE 100 (UKX) Index extending a weekly gain, as Barclays (BARC) Plc and Lloyds Banking Group Plc rose, and data showed U.S. jobless claims increased less than forecast. Barclays added 3.8 percent after saying it will update shareholders on its investment bank and plans to control costs next month. Read More
By This Is Money Reporters Published: 02:43 EST, 17 April 2014 | Updated: 11:06 EST, 17 April 2014 17.00 (close): Reassuring figures from two of Wall Street’s biggest banks helped London investors overcome worries about slowing Chinese consumer demand. Guinness and Smirnoff drink giant Diageo fuelled jitters earlier in the session by reporting a 19 Read More
* FTSE 100 up 0.6 pct * Upbeat Morgan Stanley, Goldman results lift UK financials * RSA buoyed by sale of Baltics, Poland operations * Diageo (LSE: DGE.L – news) falls after posting lower sales * London stock market closed on Friday and Monday By Tricia Wright LONDON, April 17 (Reuters) – Britain’s top shares Read More
* FTSE 100 up 0.6 pct * Upbeat Morgan Stanley, Goldman results lift UK financials * RSA buoyed by sale of Baltics, Poland operations * Diageo (LSE: DGE.L – news) falls after posting lower sales * London stock market closed on Friday and Monday By Tricia Wright LONDON, April 17 (Reuters) – Britain’s top shares Read More
* Traders eye FTSE 100 underperforming Europe * Buy FTSE puts, Euro STOXX 50 calls, traders say * Sterling hitting highs against euro * Euro could weaken further on fresh ECB stimulus By Sudip Kar-Gupta LONDON, April 17 (Reuters) – Market bets are growing that Britain’s main stock index, laden with heavyweight exporters, will stall Read More
By This Is Money Reporters Published: 02:43 EST, 17 April 2014 | Updated: 04:10 EST, 17 April 2014 10.00: Consumer goods firms led the Footsie lower as the morning session progressed after drinks giant Diageo delivered a weaker than expected quarterly sales update. By midmorning, the FTSE 100 index was down 11.9 points at 6,572.2, Read More
LONDON (ShareCast) – – FTSE closes up 42.56 points at 6,584.17 – UK unemployment data drops to 6.9 per cent – US industrial production rises more than expected techMARK 2,651.59 +0.79% FTSE 100 6,584.17 +0.65% FTSE 250 15,745.98 +1.00% A strong finish to today’s session put an end to the recent pattern of losses amongst Read More
* FTSE 100 index gains 0.3 percent * China’s growth data slightly above forecasts * Sports Direct (Frankfurt: A0MK5S – news) surges on bullish broker note By Atul Prakash LONDON, April 16 (Reuters) – Britain’s benchmark stock index edged up on Wednesday after Chinese growth data came in a touch above forecasts, while results lifted Read More
By This Is Money Reporters Published: 02:47 EST, 16 April 2014 | Updated: 11:40 EST, 16 April 2014 17.30 (CLOSE): A smaller-than-expected drop in annual profits helped Tesco shares rally today despite continued uncertainty over the pace of its turnaround progress. The 3 per cent shares improvement gave Tesco chief executive Philip Clarke some breathing Read More