By Tricia Wright LONDON (Reuters) – Britain’s top shares slipped on Wednesday, led by ITV on a disappointing trading update, but investors were still looking for near-term gains by the FTSE 100 after it hit its highest close this century. ITV, which had risen 5 percent in the two weeks coming into the update, fell Read More
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However, Hantec Markets analyst Richard Perry cautioned investors “not to get too carried away just yet”. He said previous attempts to breach current levels in May last year and in January have failed. Should the London index hit a record, it would be mirroring moves seen on the other side of the Atlantic. The Dow Read More
* FTSE 100 up 0.1 pct; briefly touched 14-year high * EasyJet (Other OTC: ESYJY – news) hit by post-results profit-taking * AstraZeneca (NYSE: AZN – news) up; Pfizer (NYSE: PFE – news) hints at improved offer * Rise in Taylor Wimpey (LSE: TW.L – news) buoys house-building stocks By Tricia Wright LONDON, May 13 Read More
If you’re considering investing some of your money in the FTSE 100 (FTSEINDICES: ^FTSE), via a tracker fund such as the iShares FTSE 100 (LSE: ISF), then you will probably be hoping for some capital gains, along with a reliable dividend income. Before buying, you need to ask: is the index expensive, how much income Read More
By Tricia Wright LONDON (Reuters) – Britain’s top share index lost ground after touching its highest level in more than 14 years on Tuesday, with easyJet among the biggest decliners as investors took profits on the airline after a powerful rally. EasyJet has jumped around 50 percent over the last 12 months, but it fell Read More
By This Is Money Reporters Published: 02:47 EST, 13 May 2014 | Updated: 07:00 EST, 13 May 2014 12.45: Strength in housebuilders provided further momentum for the London stock market today as the FTSE 100 Index briefly touched its highest level in 14 years. The FTSE 100 peaked at 6,877.4 this morning, setting its highest Read More
By Sudip Kar-Gupta LONDON (Reuters) – The FTSE 100 briefly touched its highest level in more than 14 years on Tuesday, helped by a rally in housebuilding stocks, but then steadied. Britain’s top share index was up by 0.3 percent, or 23.50 points, at 6,875.25 points after hitting 6,877 points early on, taking it past Read More
London’s top flight index was 37.2 points higher at 6851.7 and within a whisker of following Wall Street’s Dow Jones Industrial Average in setting a new record. There was also further improvement for the pound, which continued to rally on expectations that interest rates will start to rise early next year. Sterling was slightly stronger Read More
* FTSE closes up 0.6 pct at 6,851.75 points * FTSE within touching distance of January peak * Mining (LSE: MIR.L – news) stocks boosted by JP Morgan (Other OTC: JPYYL – news) upgrade By Sudip Kar-Gupta LONDON, May 12 (Reuters) – A rise in heavyweight mining stocks lifted Britain’s top equity index on Monday Read More
By Sudip Kar-Gupta LONDON (Reuters) – A rise in heavyweight mining stocks lifted Britain’s top equity index on Monday back towards its highest level since early 2000. The blue-chip FTSE 100 index closed 0.6 percent or 37.18 points higher at 6,851.75 points – within touching distance of a peak of 6,867.42 reached in January, which Read More