On Wednesday, UK midcap stocks experienced a decline, particularly among British wealth managers, who faced significant losses as concerns over potential disruptions caused by artificial intelligence intensified. In contrast, shares of LSEG saw an uptick following reports that activist investor Elliott has acquired a stake in the company. The FTSE 250 index of domestically oriented Read More
The UK’s FTSE 100 experienced a decline on Tuesday, primarily influenced by Standard Chartered’s announcement regarding the departure of its CFO, alongside a downturn for oil major BP following the suspension of its share buyback programme. The blue-chip FTSE 100 fell 0.2% as of 1157, while the FTSE 250 midcap index inched up 0.1%. Standard Read More
The FTSE 100 experienced a decline on Monday, as investors concentrated on the escalating political crisis in Britain. Concurrently, bank stocks faced downward pressure, with NatWest at the forefront of the declines following its agreement to acquire wealth manager Evelyn Partners. The blue-chip FTSE 100 fell 0.13% as of 1105, easing from record highs touched Read More
London’s FTSE 100 experienced an uptick on Friday, as increases in major banking institutions counterbalanced a further decline in data analytics firm RELX, which participated in a worldwide selloff this week amid concerns regarding potential disruptions stemming from advancements in artificial intelligence. The blue-chip index was up 0.2% at 1133, on track to post a Read More
The UK’s FTSE 100 dipped on Thursday, influenced by shares of Shell after the oil giant announced quarterly profits that fell short of expectations, as investors looked ahead to the Bank of England’s policy decision later in the day. The blue-chip index was down 0.4% at 1005, following a record high close yesterday. Meanwhile, the Read More
The FTSE 100 in the UK reached a record high on Wednesday, buoyed by increases in energy stocks and the insurer Beazley, as investors anticipated the forthcoming monetary policy decision from the Bank of England later this week. The blue-chip FTSE 100 index was up 1.4% at 10,457.84 points at 1155, while the domestically focused Read More
The FTSE 100 index saw a downturn following its record high on Tuesday, as declines in AstraZeneca shares and energy stocks overshadowed the gains made by miners. Investors are exercising caution in anticipation of the Bank of England’s policy meeting scheduled for later this week. The blue-chip FTSE 100 index was down 0.2% at 1039 Read More
The UK’s FTSE 100 experienced a modest increase on Monday, as investors gravitated towards defensive pharmaceutical and consumer staples stocks in the context of a global selloff in energy and metal shares. The blue-chip FTSE 100 index was up 0.2% at 1037, marking its third consecutive session of gains, whereas the domestically focused mid-cap index Read More
Heavyweight banking stocks propelled London’s FTSE 100 upward on Friday, positioning the index for a seventh consecutive month of gains, as investors evaluated the appointment of Kevin Warsh as chair of the U.S. Federal Reserve. The blue-chip index rose 0.3% by 1157, poised for its longest monthly winning streak in over 12 years. The asset Read More
On Thursday, London’s blue-chip index experienced an uptick, driven primarily by financial and commodity stocks, as investors analyzed a varied set of corporate earnings reports. The FTSE 100 rose 0.5% by 1129, following a decline of 0.5% in the previous session. Meanwhile, the domestically focused FTSE 250 edged 0.1% lower. Investment banks and brokerages were Read More
