* FTSE 100 down 1.1 pct * FTSE falls below 200-day simple moving average level * Hargreaves Lansdown (LSE: HL.L – news) hit as MS cuts price target * ARM and Sage suffer in wake of Nasdaq sell-off By Tricia Wright LONDON, April 11 (Reuters) – Technology stocks tumbled on Friday as Britain’s benchmark equity Read More
Author: Ftse Futures
By Sudip Kar-Gupta LONDON (Reuters) – Technology stocks tumbled on Friday as the FTSE 100 index bore the brunt of a global stock market sell-off that left it vulnerable to its biggest weekly loss in around a month. The blue-chip index, which climbed 14.4 percent in 2013 and rose to nearly its best level since Read More
By This Is Money Reporters PUBLISHED: 02:24 EST, 10 April 2014 | UPDATED: 11:30 EST, 10 April 2014 17.30 (CLOSE): Marks & Spencer’s failed to convince investors that it was back on track as its shares suffered a sharp reversal following its latest trading update. The stock initially rose 3 per cent but later swung Read More
* FTSE 100 index edges higher, well off session high * M&S reverses early gains over concern about strategy * U.S. Federal Reserve’s sentiment boost proves temporary (Adds details, quotes, updates prices) By Alistair Smout LONDON, April 10 (Reuters) – Britain’s top share index gave away early gains on Thursday, led down by retailer Marks Read More
* FTSE 100 index rises 0.8 percent, up for 2nd day * U.S. Federal Reserve’s minutes boost sentiment * RBS (LSE: RBS.L – news) up on deal to end government’s dividend priority By Atul Prakash LONDON, April 10 (Reuters) – Britain’s top share index rose on Thursday, with investors’ risk appetite rising after minutes of Read More
By Atul Prakash LONDON (Reuters) – Britain’s top share index rose on Thursday, with investors’ risk appetite rising after minutes of the U.S. central bank’s latest policy meeting suggested it would be more cautious in raising rates than expected. The blue-chip FTSE 100 index rose 0.8 percent to 6,685.37 points by 9:00 am British Time Read More
* FTSE 100 up 0.7 pct, bounces off technical support * Index set to test 6,840 pts – ING * Housebuilders lead gainers on bullish Deutsche Bank (Xetra: DBK.DE – news) note * StanChart rallies as brokers flag cheap valuation By Francesco Canepa LONDON, April 9 (Reuters) – Britain’s blue chip share index staged a Read More
By This Is Money Reporters PUBLISHED: 02:42 EST, 9 April 2014 | UPDATED: 07:23 EST, 9 April 2014 13.00: Investors regained some of their appetite for riskier stocks today as global markets showed signs of recovering from jitters over the value of internet and biotech firms, with recently battered housebuilders leading the rally in London. Read More
By Tricia Wright LONDON (Reuters) – UK shares bounced back after two days of losses on Wednesday, taking their cue from Wall Street, where worries about valuations, particularly in high growth firms in the technology sector, appeared to fade. In the UK, tech stocks were back in demand, with ARM Holdings sixth-biggest gainer on the Read More
By This Is Money Reporters PUBLISHED: 02:44 EST, 8 April 2014 | UPDATED: 11:33 EST, 8 April 2014 17.30 (CLOSE): London’s top-flight share index ended a second day in the red in the wake of jitters on Wall Street that the boom in high growth and internet stocks may be overdone. It continued a flight Read More