London’s benchmark index exhibited a cautious stance on Friday, following a record closing high in the preceding session. The decline in metal prices exerted pressure on mining stocks, counterbalancing the gains observed in defence shares. The blue-chip FTSE 100 was flat at 10236.58 points as of 0955, marginally easing off a three-week peak. Meanwhile, the Read More
The UK’s benchmark index reached a new peak on Thursday, driven by positive regional data that highlighted the economy’s robustness, alongside a robust earnings season that supported financials. The blue-chip FTSE 100 was up 0.45% as of 1028. The domestically focused mid-cap index added 0.7% to reach a four-year high. The Week in Breakingviews newsletter Read More
The UK’s FTSE 100 reached a record high on Wednesday, driven by increases in mining and healthcare stocks, while education company Pearson experienced a decline following the loss of a New Jersey contract. The blue-chip FTSE 100 was up 0.3% as of 1010, following a subdued session the previous day. The domestically focused mid-cap index Read More
The UK’s FTSE 100 exhibited minimal movement on Tuesday as investors processed a series of corporate announcements in anticipation of U.S. inflation figures, while energy stocks experienced gains due to supply concerns associated with Iran and Venezuela. The blue-chip FTSE 100 was flat at 10,140.78 points as of 1006, following a record close in the Read More
London’s FTSE 100 experienced a decline on Monday, influenced by a stronger sterling that weighed on the export-oriented index. This movement occurred in the context of rising tensions between the Trump administration and the Federal Reserve Chair, alongside a downturn in bank stocks following U.S. President Trump’s proposal for a credit card rate cap. The Read More
London stocks experienced a modest increase on Friday, recovering from two consecutive days of losses, as Glencore’s performance was bolstered by preliminary discussions regarding a merger with Rio Tinto, a strategic maneuver that could lead to the formation of the world’s largest mining entity. Glencore shares were up 10% and touched their highest since July Read More
On Thursday, London’s FTSE 100 experienced a slight decline, influenced by a downturn in oil stocks, despite a notable increase in defence shares, which reached a record high amid escalating military budgets and geopolitical tensions. The blue-chip FTSE 100 slipped 0.3% by 1040, while the domestically focused mid-cap index was 0.4% lower. Shell dropped 2.6% Read More
The UK’s FTSE 100 index experienced a slight decline on Wednesday following a series of record highs, as investors evaluated the latest developments between the U.S. and Venezuela, leading them to gravitate towards defensive utilities and real estate stocks. The blue-chip FTSE 100 fell 0.5% by 1010. The domestically focused mid-cap index was about flat, Read More
The FTSE 100 reached a historic peak on Tuesday, maintaining its position above the 10,000-point threshold, as oil and defense stocks continued to rise following U.S. military actions in Venezuela over the weekend. The blue-chip FTSE 100 rose 0.5% to 10,057.56 points by 1012, after it topped the five-digit-point milestone for the first time last Read More
On Monday, London’s FTSE 100 remained close to the 10,000 threshold, supported by increases in precious metal mining companies and defense sector stocks, following U.S. military actions in Venezuela that raised geopolitical apprehensions. The blue-chip FTSE 100 rose 0.1% to 9,969.45 points by 1130, having briefly topped the 10,000-point milestone for the first time last Read More
