London stocks are exhibiting a varied performance in cautious trading on Monday, as investors anticipate new economic data for guidance on market direction. Concerns regarding the AI bubble and ambiguity surrounding forthcoming policy actions of prominent central banks, such as the Federal Reserve, further enhance the prevailing cautious sentiment in the market. The benchmark index Read More
London equities experienced a decline on Friday, moving towards weekly losses, as gilt yields rose sharply following reports indicating that the UK government had scrapped plans for income tax increases in the forthcoming budget. The blue-chip index FTSE 100 fell 1.9% as of 12:13, on pace to log its steepest one-day decline since April 9, Read More
On Thursday, London’s FTSE 100 saw a drop after a three-day run of record highs, mainly driven by the performance of financial and energy shares, as investors assessed the underwhelming economic growth data for the third quarter. The blue-chip index was down 0.6% as of 12:11, yet it remained close to the important 10,000 points Read More
On Wednesday, London’s FTSE 100 index experienced a slight decline following two consecutive sessions of record high closures, primarily influenced by losses in the industrials and energy sectors. The blue-chip index was down 0.1% at 9,886 points as of 1214, yet it remains close to record levels and within reach of the 10,000 mark. The Read More
On Tuesday, London’s export-oriented FTSE 100 reached a new intraday record peak, supported by a declining pound following economic data that indicated an increase in unemployment and a deceleration in wage growth. Meanwhile, drugmaker AstraZeneca achieved an all-time high. The blue-chip FTSE 100 index rose 0.8% by 1210, building on its record close posted in Read More
London Equities experienced a 1% increase on Monday, reflecting a positive sentiment across global markets amid indications that a significant U.S. government shutdown may be approaching resolution. Additionally, Diageo saw a notable rise following the appointment of a former Tesco executive as its CEO. Diageo’s shares gained 7.2%, positioning the company for its most significant Read More
London Equities faced a downturn on Friday, with IAG playing a significant role in the decline, and were set to end the week with losses amid a week filled with earnings reports and the Bank of England’s decision on interest rates. The blue-chip FTSE 100 index has experienced a decline of 0.8% as of 1125, Read More
FTSE 100 experienced its fifth consecutive gain, driven by an uptick in oil prices that bolstered energy stocks. Additionally, SSP saw a significant rise following optimistic projections regarding the performance of its continental European operations. The blue-chip FTSE 100 rose 0.56%, hovering near a six-week high touched in the previous session. The midcap FTSE 250 Read More
The FTSE 100 in the UK exhibited little movement on Wednesday, as declines in major banking stocks were counterbalanced by gains in the energy sector. Investors are currently attentive to the impending decision on interest rates from the Bank of England, alongside forthcoming corporate earnings reports later this week. The blue-chip FTSE 100 held steady Read More
On Tuesday, London equities experienced a decline, coinciding with a significant drop in the pound attributed to finance minister Rachel Reeves’ remarks, amidst a global trend of falling equities in a broader risk-off environment. The blue-chip FTSE 100 dipped 0.7% by 1120, on track for its largest one-day decline in more than two weeks, should Read More
