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
The FTSE 100 inched up on Monday, commencing a week filled with corporate earnings reports from major players, including AstraZeneca and BP, alongside an interest rate decision from the Bank of England. The blue-chip FTSE 100 inched 0.1% to 9730.1 points by 1241, building on its near 4% jump in October, while the FTSE 250 Read More
London equities experienced a slight decline on Friday, with the blue-chip FTSE 100 poised to continue its downward trajectory from the previous session, as market enthusiasm waned following a record performance earlier this month. Investors exhibited caution in anticipation of the Bank of England’s forthcoming monetary policy decision next month, as well as the government’s Read More
On Thursday, stocks listed in London experienced a decline, as investors took a moment to reassess following a recent rally and closely examined several corporate earnings reports. The blue-chip FTSE 100 was down 0.6% as of 1200, poised to end an eight-session streak of gains, while the domestically focused FTSE 250 was also down 0.7%. Read More
London equities experienced an uptick on Wednesday, as the blue-chip FTSE 100 reached a record high for the second consecutive session, buoyed by robust forecasts from pharmaceutical giant GSK and retailer Next. The FTSE 100 was up 0.8% to 9,779.32 points, as of 1205, also aided by a weaker pound that boosts revenue for internationally-focused Read More
